Tag: Chit Fund Fraud

Property Confiscation
Seashore Chit Fund Scam: OPID Court Directs Confiscation Of Property Worth Rs 650 Cr

Cuttack: Cracking whip on chit fund scamsters, the special Odisha Protection of Interests of Depositors (OPID) court in Cuttack on Friday directed to confiscate all movable and immovable properties belonging to the Seashore group. The court has ordered for confiscation of around 197 acres of land, 1.385Kgs of gold, 2 Quintals of silver and a […]

Scuffle between CBI and Kolkata policemen at commissioner's residence

Kolkata: There was a high drama in front of Kolkata police commissioner Rajeev Kumar’s official residence on Loudon Street on Sunday as a group CBI officers approached the house, but they were stopped by city police personnel, who also forcibly took the federal probe agency officers to a police station. The Central Bureau of Investigation […]

interest rate on GPF hiked
CBI looking for Kolkata Police Commissioner over Sarada chit fund case

Kolkata: The Central Bureau of Investigation (CBI) is looking for Kolkata Police Commissioner Rajeev Kumar in connection with its probe into Saradha chit fund scam. A CBI source on Saturday told IANS that Kumar, a 1989 batch IPS officer, who is close to West Bengal Chief Minister Mamata Banerjee may be arrested in the case. […]