The west bengal chit fund scam brought together various government agencies like market regulator sebi, rbi, the income tax department,. Saradha chit fund scam: nalini chidambaram moves appeal against her to appear before the kolkata office during second week of may.
With 2019 lok sabha elections approaching, the investigation into saradha chit fund scam is exprected to gain pace. 2 days ago the alleged chit fund scam in west bengal involving the saradha group revolves around a total sum of rs 2460 crore with 80 per cent of the. Saradha group, west bengal – chit fund scam the saradha group's chit fund scam in west bengal came into the limelight early this year.
Chit fund scam state and state committee for protection of democratic rights, west bengal & ors (2010) 3 scc 571 this court in that case. What is saradha chit fund scam the saradha group financial scandal is popularly known as saradha chit fund scam it's a financial scam that. Sanchayita chit fund scam was a major financial scam caused by the collapse of a ponzi scheme the scam was unearthed in 1980 and it affected over 131 lakh(s) of people in west bengal,. Hardly, nobody say no to invest his money if it doubles in one year or even less than that everybody hops in the bandwagon when it comes to.
14 hours ago meanwhile, market regulator sebi is probing the fund-raising activities of kolkata- based saradha group besides, the income tax department. Yet another agent of a deposit-mobilising company in west bengal who was under pressure from investors allegedly committed suicide at. These schemes, generally termed as chit funds schemes today have become the intervened and through the state government of west bengal initiated a.
The reason for him being in news is to do with the rose valley chit fund scam, which in a lot of ways is a ponzi scheme, similar to the saradha. They chose sarada maa, the wife of the famous religious figure ramakrishna, and enjoy huge reverence in the rural wb 2 the paid huge incentives to the. Reasons for emergence of unregistered/fraud chit funds kolkata to file an affidavit for investigation by cbi of the chit fund scam involving crores of rupees. The rose valley chit fund scam, involving funds of over rs 15,000 crore, is easily the biggest in the west bengal it has even dwarfed the rs.
We got carried away by the name of sarada devi (adapted by the fraudster with an 'h') and seventy-three of these were from west bengal. Find saradha chit fund scam latest news, videos & pictures on saradha chit the cbi has written to the west bengal police chief wanting to question four. Kolkata: the enforcement directorate (ed) today attached assets the alleged chit fund operations out of which only half-a-dozen were active. It further analysed the saradha scam of west bengal that looted the hard a number of such schemes, termed as ponzi, chit funds or pyramid schemes, have .