Chennai, Sept. 1 -- Tamil Nadu Director General of Police and Head of Police Force Mahesh Kumar Aggarwal has transferred the FQL Multi-Level Marketing (MLM)-cum-Cryptocurrency Trading fraud cases, which came to light due to multiple protests by gullible investors in Madurai over the last two days, to the Economic Offences Wing (EOW).
An official statement from the office of the DGP saod a Multi-Level Marketing (MLM)-cum-Cryptocurrency Trading fraud operating under the names "FQL Investment Trading", "FQL Exchange App" and "VG Investment Group Syndicate" has come to light across Madurai, Virudhunagar, Dindigul and Sivagangai Districts over the past seven months.
Agents associated with the scheme are alleged to have induced members of the p...