Strong action against fraudulent acts in investment schemes: Arjun Ram Meghwal

NEW DELHI: The Ministry of Corporate Affairs organises investors' awareness programmes on fraudulent schemes and takes strong action wherever any anomaly is detected, Lok Sabha was told today.

Minister of State for Corporate Affairs Arjun Ram Meghwal said the investors awareness programmes are organised in partnership with professional institutions like Institute of Chartered Accountants of India with the objectives of creating awareness amongst the investors about fraudulent schemes and facilitating informed investment decisions.

"Strong actions are taken wherever any fraudulent activity is detected," he said during Question.

The investment awareness programmes are conducted to prevent investment in companies floating fraudulent schemes, he said.