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Wednesday, July 18, 2018

Kolkata: Five directors of private firm held for ‘involvement’ in ponzi scheme

The arrested were produced Wednesday before ACJM Bidhannagar court.

By: Express News Service | Kolkata | Published: December 8, 2016 2:26:27 am

The CBI booked five directors of the private firm for alleged involvement in a ponzi scheme, officials said on Wednesday.

The accused directors of Real Tulip India Limited have been identified as Dipankar Ghosh, Malay Halder, Prasenjit Sil, Tirtha Halder and Malay Kumar Guha. The company was registered in Madhya Pradesh’s Gwalior on January 18 2012, and officials said they had collected huge deposits from several states.

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A case was registered in 2014, citing sections 120B (criminal conspiracy) , 420 (cheating) of the IPC and sections of the Prize Chits and Money Circulation (Banning) Act. The arrested were produced Wednesday before ACJM Bidhannagar court.

Last month, the CBI had filed chargesheets against three former directors and three state-based private companies in the court of a CJM in Krishnanagar, in connection with a chit fund case. At the time of filing the chargesheets, the CBI in a statement maintained all directors are in judicial custody, and alleged the accused had fraudulently lured investors by promising high returns.

The CBI had earlier summoned a number of TMC leaders, including Lok Sabha leader Sudip Bandyopadhyay, who had accused the Modi government of “misusing” the CBI for “vendetta politics”. A senior TMC leader added: “All this while, CBI has been inactive. Now with Mamata Banerjee attacking the Centre, Modi government is desperately trying to speed up cases – both legitimate and illegitimate – to try and place pressure on her.”

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