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Government issues model guidelines for states to curb Ponzi schemes

By Ak Sharma | Published: October 2, 2016

The government of India on Monday has issued a series of guidelines for states to regulate the direct selling sector. This implies that the Rs. 10,000 Cr industry could come under the strict Consumer Protection Act, 1986. Many steps have been taken in an attempt to safeguard the interest of individuals involved in this industry. […]

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