The count of such companies being referred to the white collar crime probe agency stood at 111 in 2016-17 and 184 in 2015-16, the Minister of State for Corporate Affairs said in written reply to Lok Sabha.
The investigation has been initiated by the SFIO, which comes under the corporate affairs ministry, for alleged involvement in fraud, he added.
Separately, Minister of State for Finance Shiv Pratap Shukla said that CBI has registered and investigated 133 cases in the current fiscal (till January) against various ponzi companies for fraud and scams.
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