Faced with a mushrooming ponzi menace across the country, the government is considering a possible ban on promotion of money-collection schemes promising unrealistic returns. Emphasising on the need to prevent dissemination of false information to the public by the operators of illegal deposit-taking schemes, Corporate Affairs Minister Sachin Pilot has said that the advertisements for such products need to be banned, just as promotion of alcohol, cigarettes and many other products are prohibited by law...............
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