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Demand for CBI probe into West Bengal chit fund scam

A demand for a CBI inquiry into the chit fund scam in West Bengal and adjoining states was made in the Rajya Sabha today amid protest by Trinamool Congress members that the matter, which is subjudice, cannot be taken up in the House.

Mamata orders closure of two fund-raising companies

Mamata Banerjee on Tuesday ordered the closure within 24 hours of two fund-raising companies which had two or three sister concerns.

New bill to deal with chit funds kicks off row in WB

The new bill to be moved by the Mamata Banerjee government following the chit fund scam by the Saradha Group has kicked off a row.

Sudipta Sen, Chouhan cooperating with investigators: Lawyer

Sudipta Sen, Saradha group chairman accused of duping lakhs of investors, is cooperating with investigators, his lawyer claimed on Sunday.

WB chit fund scam: My sister has been framed, says Debjani`s cousin

Debjani Mukherjee, one of the directors of Saradha Group has been "framed" and was "innocent", her cousin sister Arpita claimed on Wednesday.