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    Chit Fund Scam

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    • ED questions magician PC Sorcar in chit fund scam

      "We are questioning Mr Sorcar in connection with the chit fund case. We have to find out whether he was involved in any way or not," the ED officer told PTI.

    • CBI arrests TMC leader Pranab Chatterjee in Rs 3.74 crore chit fund scam

      Chatterjee was arrested on Friday and was produced before the competent court in Asansol which sent him to two days CBI custody

    • Why West Bengal is emerging as the heart of Ponzi schemes in India

      The government's corporate fraud investigation wing is currently probing 185 suspected illicit deposit schemes that raised thousands of crores from gullible investors. Of these, 135 schemes were run of West Bengal.

    • Saradha scam: CBI questions senior SEBI officials

      The agency has been looking into the role played by the regulators in handling this chit fund scam.

    • Chit fund scam: TMC MP Kunal Ghosh offers to resign from RS

      Trinamool Congress MP Kunal Ghosh on Friday offered to resign from Rajya Sabha if charges against him in the West Bengal chit fund scam were proved.

    • WB Chit fund scam: Sebi turns heat on dozen other firms

      The chit fund scam in West Bengal is getting bigger with market regulator Sebi turning the heat on over a dozen other companies running similar Ponzi schemes. People are rushing to withdraw Rs 20,000 crore invested in these companies.

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