Gujarat Court Denies Bail to BZ Group CEO in Multi-Crore Ponzi Scam
February 2, 2025 13:27A Gujarat Protection of Interests of Depositors (GPID) court on Thursday rejected regular bail to Bhupendrasinh Zala, CEO of BZ Group of Companies, in connection with an alleged multi-crore Ponzi scam. Zala, 31, was arrested by the CID (crime) in relation to the scam and subsequently sought regular bail. His defence argued that there was […]