Bengaluru: Why IMA investors have little hope of getting money back quickly

Investors who have been duped in the I Monetary Advisor (IMA) Group Ponzi scam cannot hope to get their money back any time soon, given the legal and procedural complications involved. While the government has to follow a long-drawn and tedious process to seize assets of the company, the first challenge before investigators is to overcome legal issues related to the very activity of IMA.

from Bangalore News, Latest Bangalore News Headlines & Live Updates - Times of India http://bit.ly/2KjPEKS