Rs 60,00,00,00,000 Scam: How this con woman used Sharia law to trap nearly 2 lakh investors chasing 'Halal profits'

Rs 6000 crore Ponzi scam: Nowhera Shaik, a Hyderabad-based businesswoman, has been arrested by the Enforcement Directorate in connection with an alleged Rs 6,000 crore Ponzi scam. According to investigators, the scheme mainly targeted Muslims by promising Sharia-compliant investment opportunities with unusually high returns. Authorities claim thousands of investors lost their savings after the alleged network collapsed, and efforts are now underway to recover attached assets and compensate victims.

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