Archive · 18 Dec 2025
Couple Arrested in Rs 300-Crore MLM Scam
A man and his wife were arrested for running a fake money-making scheme.
They promised people lots of money if they joined their company, Maxizone Touch.
Instead, they took Rs 307 crore from many people and bought properties with the stolen money.
The police in many states were looking for them.
The couple was already in jail before this arrest.
Chander Bhushan Singh and his wife, Priyanka, were arrested for a Rs 307 crore MLM scam.
They lured people with promises of high returns and referral benefits.
The couple collected unauthorized deposits and laundered the money through benami transactions.
They were wanted by police in multiple states for the fraud.
The Enforcement Directorate arrested them under the Prevention of Money Laundering Act (PMLA).
- Who
- Chander Bhushan Singh and his wife, Priyanka, directors of Maxizone Touch
- What
- Arrested for orchestrating a fraudulent multi-level marketing (MLM) scheme
- When
- Arrested on Tuesday (specific date not mentioned)
- Where
- Ranchi, Jharkhand
- Why
- Accused of duping people with promises of high returns and laundering funds through benami transactions
- Suspects
- Chander Bhushan Singh and Priyanka
- Company
- Maxizone Touch
- Amount Involved
- Rs 307 crore
- Arresting Agency
- Enforcement Directorate
- Location
- Ranchi, Jharkhand
- Act
- Prevention of Money Laundering Act (PMLA)
- Allegations
- Fraudulent MLM scheme, unauthorized deposits, money laundering
- States Involved
- Jharkhand, Rajasthan, Assam, Bihar, Uttar Pradesh, Karnataka
