Bengaluru Development Authority official arrested for taking Rs 4 crore from IMA founder
By Team Newsable | First Published Jul 2, 2019, 12:09 PM ISTSleuths from Special Investigation Team probing the I Monetary Advisory Ponzi scheme arrested PD Kumar Nayak, from his residence in Jayanagar fourth block, Bengaluru, on Monday. He was taken into custody under the Karnataka Protection of Interests of Depositors in Financial Establishments (KPID) Act, 2014.
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