There is still no correct estimate of the amount of investment in IMA with figures ranging from Rs 500 crore to Rs 5,000 crore.
Any promise of sudden huge gains always arouse immediate suspicion, but yet people continue to invest in Ponzi schemes which assure them of unusually high returns but wiping out all their hard-earned savings of a lifetime. The same is the case with I Monetary Advisory (IMA), headquartered in Bengaluru’s Shivajinagar area, which shut their shop overnight leaving about 3,700 investors high and dry. There is still no correct estimate of the amount of investment, with figures ranging from Rs 500 crore to Rs 5,000 crore.
After my recent political fallouts, some of my adversaries have made a full-fledged attempt at assassinating my character by orchestrating a series of events using underhanded methods. The entire hitjob has been carried out using a baseless, un-investigated audio recording. (1/n)
— Roshan Baig (@rroshanbaig) June 12, 2019