Maharashtra Home Minister and Deputy Chief Minister Devendra Fadnavis revealed the state government's plan to form a study group to address the rising number of Ponzi schemes in the state during the question period of the present winter session of the state legislature, stated a PTI report. 

According to Fadnavis, the state will put together a study group to examine the problem over the course of the following three months. This group will offer suggestions meant to put an end to these scams. He underlined the government's resolve to enact stronger laws in order to shield citizens from becoming victims of Ponzi schemes and losing their money, the report added.