India, April 8 -- The Supreme Court on Wednesday directed Nowhera Shaik, managing director of Heera Gold Exim Private Limited, accused of duping thousands of investors in a gold ponzi scheme, to surrender within a week and cooperate with the Enforcement Directorate (ED).

The federal agency had attached her assets and complained of non-cooperation in executing sale deeds.

A bench of justices JB Pardiwala and KV Viswanathan directed Nowhera Shaik, MD of Heera Gold Exim Private Limited to surrender within a week, observing, "This is a case of large-scale fraud where thousands of investors have been duped of over Rs.10,000 crore. We are left with no option but to direct her to surrender within one week failing which non-bailable warrants sh...