Uttar Pradesh’s Economic Offences Wing arrested Gurnam Singh, a director at Pearls Agro-Tech Corporation Limited, for his involvement in a massive Rs 49,000 crore Ponzi scheme. PACL allegedly defrauded five crore investors across 10 states by promising land plots and high returns, but failed to deliver. The company operated without proper NBFC registration, luring investors with deceptive real estate schemes. Post navigation West Bengal: TMC neta shot, neck slashed; MLA alleges ISF role in gruesome attack Canadian colleges lay off 10,000 employees after decline in Indian student enrolment