Two arrested in chit fund scam case

A man, who was in-charge of the scam-tainted Saradha Group chit fund company in north Bengal and Malda district, and his wife were arrested by police on a complaint that they siphoned off money taken from depositors.

Last Updated: Jun 07, 2013, 15:54 PM IST

Malda: A man, who was in-charge of the scam-tainted Saradha Group chit fund company in north Bengal and Malda district, and his wife were arrested by police on a complaint that they siphoned off money taken from depositors.
The police today said Debashis Deb Sharma, 50, and his wife Manasi Deb Sharma were arrested last night on a complaint lodged by Ashraful Sheikh at the Chanchal Police Station that Debashis had bought land with depositors` money and later transferred it to his wife.
Malda SP Kalyan Mukherjee said that the duo was today produced in the Chanchal Sub-Divisional Court which remanded them in 10 days` police custody.

PTI