These regulations, approved on Wednesday, are designed to offer greater protection to the public, focusing specifically on the so-called 'Chit Funds' and fake high-return investment schemes that have plagued many residents in the Capital.
Addressing the issue, Chief Minister Atishi said, "For a long time, people have been lured by false promises of high returns, only to face losses in the end. Through these new rules, the Delhi Government will keep a close watch on such fraudsters."
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