An investigation into a $10 billion pyramid scheme in India is having repercussions for the Sheraton Mirage on the Gold Coast as well as some of the world's leading cricketers.

The Gold Coast’s Sheraton Mirage has become embroiled in an overseas Ponzi scandal that has reportedly resulted in the loss of billions of dollars by Indian retail investors. Nirmal Singh Bhangoo and other senior executives of India’s Pearls Group were arrested by local authorities last month following allegations that they swindled…