Tamil Nadu police starts probe into chit cheating case – Deccan Chronicle

THIRUVANANTHAPURAM: The Tamil Nadu police initiated a preliminary inquiry against Nirmal Krishna Nidhi Limited at Palukal on the Kerala-Tamil Nadu border area of Kanayakumari district after protests by investors turned violent on Friday. Hundreds of investors, both from Kerala and Tamil Nadu, have been gathering in front of the firm since Thursday. By Friday, the number…

Radio Personality Used Ponzi Scheme To Pay Off Massive Gambling Debts, Feds Say – CardPlayer.com

American radio personality Craig Carton allegedly orchestrated a Ponzi scheme in order to repay a $2.5 million gambling debt, according to a lawsuit and charges filed by the federal government. Carton, the former co-host of the Boomer and Carton sports radio program on WFAN in New York City, was arrested Wednesday for securities fraud and…

Special counsel appointed in St. Joseph Health Services pension fund case – The Providence Journal

Patrick Anderson Journal Staff Writer patrickanderso_ PROVIDENCE, R.I. — A judge Friday assigned Max Wistow, the lawyer who sued architects of Rhode Island’s 38 Studios deal, to investigate the insolvency of a pension plan for Our Lady of Fatima employees. The St. Joseph Health Services of Rhode Island pension was placed in receivership last…