Saradha group

The Saradha Group ran an unlicensed fund, which went bust in 2013 and wiped out deposits from around 1.8 million, mostly poor, depositors. Ruling Trinamool Congress leaders have been jailed and questioned for their alleged involvement in an estimated... read more

The Saradha Group ran an unlicensed fund, which went bust in 2013 and wiped out deposits from around 1.8 million, mostly poor, depositors from West Bengal, Assam, Jharkhand, Odisha, and Chhattisgarh. read more

Roy, also a popular Bengali film actor, has become the second leader from the ruling TMC to return the money earned from Saradha. In mid-June 2015, former TMC Rajya Sabha MP and Bollywood actor Mithun Chakraborty returned Rs 1.16 crore he had received... read more

Saradha scam: Atri Bhattacharya is the first secretary level official to be questioned in relation with the R2,460-crore ponzi scam. read more

Vacation bench judge Protik Prakash Banerjee said Kumar has to appear before the investigating agency whenever he is summoned. read more

Amount mopped up by MPS is bigger than that mobilised by the Saradha group. read more

Jaitley referred to the Saradha Group chit fund scam and the Narada TV sting operation that showed several leaders of West Bengal’s ruling Trinamool Congress accepting cash from a man purportedly representing a company. read more

As many as 219 chit fund companies operated in Bengal at one time in the early 2010s; 147 of these, where people had together invested about \u20B92.5 lakh crore, are now fighting cases that at are at various stages in the Calcutta high court. read more

Officials said Nalini Chidambaram has been summoned at the Kolkata office of the central probe agency on June 20. read more