Ponzi Scheme

Analysis of the QFX YFX case as a large-scale Ponzi scheme that paid early investors with new funds

1. QFX YFX在线外汇传销诈骗案

2. Jurisdiction: India (2025)
3. Original Case: QFX YFX Online Forex Pyramid Scheme Scam
4. Victims印度各地逾万名投资者DefendantsNavab HassanHarinder Pal SinghLavish ChaudharyRajender SoodVineet KumarSantosh KumarInstitutionsEnforcement Directorate (ED)Special PMLA CourtHimachal Pradesh Police
5. Case Tags: Ponzi Scheme;Money Laundering;Forex Trading Fraud;Multi-State Cyber Crime