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Friday, June 18, 2021

Saradha chit fund scam


Probe into Saradha Group: CBI searches premises of 3 senior SEBI officers

March 23, 2021 2:30 am

The Saradha Group went bust in April 2013 after it defaulted on repayments to depositors. The group raised Rs 2,400 crore from 1.7 million small investors through various collective investment schemes.

ED summons East Bengal Club official in Saradha case

March 09, 2021 1:14 pm

Debabrata Sarkar is alleged to have helped the owner of Saradha Group, Sudipta Sen, in the case initiated by SEBI and also secured sponsorship for the club to the tune of Rs 4 crore.

Enforcement Directorate summons Kunal Ghosh in Saradha chit fund case

March 02, 2021 1:12 am

Ghosh was the CEO of Saradha Media, an arm of the Saradha Group which busted in 2013 for its illegal operations.

Saradha scam: CBI plea in SC on Mamata govt ‘links’, says it is scuttling probe

December 27, 2020 7:45 am

The development is set to further heat the bitter political atmosphere in the state, which heads to Assembly polls next year, with Mamata leading the charge against a combative BJP.

CBI interrogates IPS officer Arnab Ghosh in Saradha case

November 14, 2019 5:25 pm

As part of the Rs 2,500 crore scam, the Saradha group of companies had allegedly duped lakhs of customers, promising higher rates of returns on their investment.

Calcutta HC likely to deliver judgement on Rajeev Kumar's anticipatory bail plea on Tuesday

September 30, 2019 3:44 pm

Kumar's lawyers had concluded their arguments in favour of his pre-arrest bail plea on Thursday.

Saradha case: Rajeev Kumar claims CBI ‘hounding’ him

September 25, 2019 2:39 am

Before a division bench, presided by Justice S Munshi, Kumar’s counsel Debasish Roy submitted that “the CBI is hounding me (Kumar) like anything.” On hearing this, Justice S Dasgupta said, “Go and surrender.”

Saradha Chit Fund Case: CBI sets up 12-member team to track down Rajeev Kumar

September 19, 2019 3:57 am

Since Friday, the CBI has repeatedly sent the summons to Kumar and also sent letters to the West Bengal government seeking information of the officer’s whereabouts.

Mamata Banerjee to meet PM Modi, BJP calls it bid to save herself from CBI

September 16, 2019 8:20 pm

The meeting comes at a time when several leaders of the ruling Trinamool Congress in West Bengal, along with former Kolkata police commissioner Rajeev Kumar, are under CBI scanner in connection with the Saradha chit fund scam.

Saradha scam case: CBI search for Rajeev Kumar reaches state secretariat

September 16, 2019 3:07 am

The two-member CBI team had letters addressed to the DGP, the state chief secretary and the home secretary, apparently seeking whereabouts of Kumar, currently the ADG of West Bengal CID.