Saradha scam: SFIO for CBI probe against minister, says police chief

In one of the biggest ponzi schemes, Saradha group had duped nearly 27 lakh investors in 14 states of Rs 2,500 crore, an official investigation has found, while recommending CBI probe against top executives, a West Bengal minister and police officers, among others.

Saradha scam: SFIO finds 14 Saradha group companies guilty

The central agency Serious Fraud investigation Office (SFIO) has held 14 companies of the Saradha group guilty of running ponzi schemes where the primary source of payment to subscribers was the collections made from newly-enrolled members rather than from income generated from investments.

Saradha group firms to face prosecution: SFIO

Completing its probe into 'chit fund scam' of 14 Saradha group firms, SFIO on Monday said these companies have been found to be running 'ponzi schemes' and would face prosecution for violation of several laws.

Saradha chit fund scam: ED, SFIO may grill TMC MP KD Singh today

The Enforcement Directorate (ED) and the Serious Fraud Investigation Office (SFIO) are likely to question Trinamool Congress MP KD Singh in connection with the multi-crore Saradha chit fund scam, reports said on Friday.

Bhishen Singh Bedi up against Arun Jaitley in DDCA elections

Former India captain Bishan Singh Bedi on Monday announced his candidature against Arun Jaitley for the post of the Delhi & Districts Cricket Association (DDCA) president in the upcoming association elections scheduled for December 30.

Saradha scam: Kunal Ghosh meets SFIO officials again today

Suspended Trinamool Congress MP Kunal Ghosh on Friday met officials of the Serious Fraud Investigation Office (SFIO), which had grilled him yesterday in connection with the Saradha chit fund scam in West Bengal.

Saradha chitfund scam: SFIO report points to serious financial mismanagement

A day after the West Bengal government withdrew a bill aimed at protecting interests of depositors from chitfunds the Serious Fraud Investigation Office (SFIO) on Monday submitted its interim report.

SFIO gets December deadline to complete Saradha scam probe

The government has given time till December to the Serious Fraud Investigation Office to complete its probe into the alleged fraudulent money pooling schemes run by 54 entities, including Saradha group.

Money-pooling scam: SFIO to start probe with 57 companies

The SFIO probe ordered by the government into illegal money-pooling activities of various entities would initially focus on 57 companies, most of which are in West Bengal, Odisha, Bihar and Assam.

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 to probe into Austral Coke`s alleged Rs 1000 cr fraud

The government has ordered an enquiry by the Serious Fraud Investigation Office into the alleged financial irregularities by metallurgical coking coal producer Austral Coke.

Par panel pulls up MCA for `non-serious approach` towards SFIO

A parliamentary committee has
pulled up the Corporate Affairs Ministry for not being serious
enough to give teeth to its investigative arm SFIO, which
probed the multi-crore fraud at Satyam Computer among others.

SFIO has filed case against Raju, others: Khurshid

The Serious Fraud Investigation
Ofice (SFIO) on Monday filed a case against accused Ramalinga Raju
and others in the Satyam case in a Hyderabad court, Corporate
Affairs Minister Salman Khurshid said.

SFIO to start prosecution proceedings against Raju, others

The government on Monday said its serious fraud probe arm SFIO will start prosecution proceedings against Satyam founder B Ramalinga Raju and others this month.

SFIO to begin probe into Satyam soon: Khurshid

The government on Monday said the
Serious Fraud Investigation Office (SFIO) will begin
prosecution into the Satyam scam this month.

Govt asks SFIO to start prosecution proceedings in Satyam case

The Government today asked
investigating agency SFIO to initiate prosecution proceedings
against persons involved in Satyam accounting fraud and
partners of Price Waterhouse, the auditors of the IT company.

SFIO probe into Satyam fraud stopped

The govt has asked the SFIO to discontinue its enquiry into the siphoning of funds by Satyam Computer.

Vedanta unit Sesa Goa under fraud investigation

Sesa Goa, a USD 5 billion unit of London-listed metals group Vedanta Resources, is being investigated by the government for financial and other irregularities.

Govt orders SFIO probe in financial irregularities of Sesa Goa

The government has ordered the Serious Fraud Investigation Office (SFIO) probe into alleged financial irregularities of Sesa Goa, a company owned by Vedanta Resources, official sources said.

SFIO to be armed with powers to interrogate: Govt

The government is likely to arm SFIO with powers to interrogate and seize documents among others following the complaints that it faced problems in probing the multi-crore Satyam accounting fraud.