Kolkata: 8 accused in Ponzi scheme get life term

A special court in Tamluk on Thursday sentenced eight accused in the Pincon Ponzi scheme case for life. This is the first conviction under the West Bengal Protection of Interest of Depositors in Financial Establishments Act, 2013. The Directorate of Economic Offences was set up to probe Ponzi cases after the Rose Valley-Saradha scams.