A ₹1200 crore ponzi scheme, felling over 30,000 trees, and inflated air fares
The Indian Express · niharika ·
A digital wallet app and a Rs 1200 crore financial fraud, a hydropower project which will reduce Maharashtra’s dependence on coal-fired power, and the Supreme Court declining an urgent hearing for an application seeking intervention to cap ‘inflated’ airline fares
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First, we speak with The Indian Express’ Brendan Dabhi about an investigation into a digital wallet application that uncovered an alleged Rs 1200 crore financial scam involving lakhs of users across several states. He shares how investors were encouraged to recruit others, who would then bring in more people, creating a vast multi-level marketing network.
Next, we speak with The Indian Express’ Pratip Acharya about a hydropower project which will reduce Maharashtra’s dependence on coal-fired power but will require felling over 32,000 trees. He discusses the project, its significance and its potential impact on the state and nearby villagers. (15:16)
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