Cheating of investors by unscrupulous companies takes many forms  such as: ‘vanishing’ after raising money through public offers  illegal collection of deposits in violation of Section 58A of the Companies Act  1956  floating sham ‘Collective Investment Schemes (CIS)’ in violation of SEBI Act  collecting money from public by posing as ‘Non-Banking Financial Companies (NBFCs) in violation of RBI Act  and resorting to ‘Ponzy’ or money circulation schemes under the Prize Chits and Money Circulation Schemes (Banning) Act  1978