The Scam of 8k Miles or Secure Cloud

Both Mankarachari and Ramehini have been arrested by the enforcement directorate. The allegation? Some form of money laundering. Now you have to ask, when you have a company that's in deep controversy, why would anyone invest in it? Just look at the shareholding pattern. In June 2018, retail folks who are invested less than 1 lakh rupees owned 5% of the company. But by June 2020, they owned almost 33%. They were being suckered into buying more of the company and they continued to hold on.