Yet to recover Rs 2,394 crore of investor money from Saradha: Govt

Government on Tuesday said as much as Rs 2,394 crore of investors' money that was collected through ponzi schemes by the West Bengal-based Saradha Group is yet to be recovered.

Kolkata Police Commissioner under CBI lens in Saradha case

Is Kolkata Police Commissioner Surajit Kar Purkayastha in the dock in the Saradha chit fund scam, which has “engulfed” several TMC leaders? Probably yes as the Central Bureau of Investigation (CBI), probing the case, has said that it will look into the role played by persons whose names figure in an SFIO report on the Saradha scandal.

SFIO probe report on Saradha, others in 2-3 months: Pilot

SFIO is likely to submit its probe report on alleged fraudulent money-collection schemes being run by 54 entities in the next 2-3 months.

SFIO probing complaint against Asaram Bapu, says Pilot

Ministry of Corporate Affairs received complaints against Asaram Bapu and his son in an alleged 700-acre land grabbing case and the Serious Fraud Investigation Office (SFIO) is looking into matter.

SFIO budget cut to impact investigations

Budget allocation for the investigation arm of the ministry has been cut down by 15 percent, a move that earned criticism from the Parliamentary Standing Committee of the Finance Ministry in its report tabled in Parliament on April 24, 2012.

‘More teeth to Serious Fraud Investigation Office’

Veerappa Moily said that SFIO had filed 39 cases and all have gone in its favour.