Anjan Dutta, who is also a State Congress leader, was summoned to the CGO complex in Kolkata for questioning, CBI sources said.

CBI on Monday questioned former Assam Minister and Congress leader Anjan Dutta in connection with its probe in the Saradha chit fund scam in which thousands of investors were allegedly duped.

Dutta was summoned to the CG...Read More

"The Saradha chitfund scam is crating tremors in Trinamool Congress party and is also affecting the party chief Mamata Banerjee."

Kolkata: The North East India witnessed one of the largest scams in the form of Saradha Chitfund Scam.  The scam involving crores of rupees is having political background also.  The master minds beh...Read More

BHUBANESWAR: The Congress and the BJP members on Tuesday staged a walkout in the Assembly accusing Speaker Niranjan Pujari of not allowing a debate on the multi-thousand crore chit fund scam even as the House passed a Bill in the post-lunch session in the absence of the Opposition.

“Since there is no respect towards sentiments of the Opposi...Read More

Kolkata: Former Assam minister Himanta Biswa Sarma has been summoned by the Central Bureau of Investigation for questioning here in connection with the case related to the Saradha chit fund scam.

Sarma's house and a news channel, owned by his wife in Guwahati, was raided by the CBI was earlier in the month of August. He had on Monday sought m...Read More

Kolkata: The police custody of Trinamool Congress MP Srinjoy Bose will end on Wednesday, four days after he was arrested by CBI in connection with Saradha scam.

He was arrested by the CBI in connection with the multi-crore chitfund scam.

Bose, editor of Trinamool mouthpiece Jago Bangla, was accused of 'blackmail' by purpo...Read More

नई दिल्ली। सारधा चिट फंड घोटाले की जांच के सिलसिले में सीबीआई ...Read More

कोलकाता : सारधा घोटाला मामले में कार्रवाई करते हुए प्रवर्तन निदे...Read More

AHMEDABAD: A local court on Wednesday sent one Ashrafkhan Pathan to police remand till December 3 in connection with different Ponzi schemes launched in the city.

Pathan is a director of SAMS Infrastructure Pvt Ltd, which invited investments offering high interest rates by floating different companies. These companies also allegedly collected mon...Read More

In a move geared to combat shadow banking through increased vigilance and intelligence gathering, the Reserve Bank of India (RBI) in a recent organisational revamp, has set up market intelligence (MI) units across 16 out of 19 regional offices across the country.

“In order to gather intelligence on fraudulent individuals and companies, the RBI has recently ...Read More

When the history of media and business in Indian politics is written, the saga unfolding in West Bengal should make for a colourful chapter. A media empire that grew rapidly and started collapsing, just as rapidly, in April 2013, will feature prominently in this history. Behind the media empire, of course, was a shady finance company whose demise set the dominoes tumbling.
...Read More