Tag: Saradha Group

Odisha Crime Branch (CB) on Monday initiated process of confiscating properties of Flourish Development India Pvt Ltd in connection with multi-crore chit fund scam in the state

The CBI on Saturday registered two fresh cases against Sudipta Sen, Chairman of Saradha group, in connection with alleged cheating of investors in Assam by the company

The CBI will form a Special Investigation Team (SIT) soon to probe the Saradha chit fund scam in which investors in West Bengal, Odisha and Assam were allegedly duped of Rs 10,000 crore besides examining the role of market regulators like SEBI and RBI

The Enforcement Directorate (ED) has attached the properties of Saradha Group of companies in West Bengal and Odisha worth Rs 35.4 crore