ಐಸ್ ಕ್ರೀಂ ವ್ಯಾಪಾರಿ 4,500 ಕೋಟಿ ಲೂಟಿ ಮಾಡಿದ್ದು ಹೇಗೆ? | The Belagavi Mega Scam | Masth Magaa

How did an ordinary ice cream seller from Hubballi manage to pull off a ₹4,500 crore financial fraud? In this detailed investigation, we decode the massive Shivam Associates scam that has shaken Belagavi and the entire state of Karnataka. Promising an unbelievable 36% annual return, Shivanand Neelannavar trapped over 45,000 innocent people—including retired officials, farmers, and ex-servicemen. Operating without any legal permissions from the RBI or SEBI, this Ponzi scheme grew larger than the infamous IMA scam before it ultimately collapsed. Watch till the end to understand the anatomy of a Ponzi scheme and the crucial red flags you must never ignore while investing your money. ------ Youtube: https://www.youtube.com/@UCBusXcy2hNAP_cIP0fCOf_w Instagram: https://www.instagram.com/masthmagaa_com . . Contact For Advertisement in Our Channel [email protected] . . . . . . . . . . . . . . . . . . #BelagaviScam #PonziScheme #FinancialFraud #Belagavi #ShivamAssociates #ShivanandNeelanavar #MasthMagaa #AmarPrasad