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Saradha Group

Mamata asks people to keep away from chit funds, says 'govt won't be responsible for compensating'

West Bengal Chief Minister Mamata Banerjee on Tuesday urged people to refrain from parking their hard-earned money in chit funds and said the government had no responsibility to compensate them if they lost financially in their endeavour.

Aug 02, 2016, 22:36 PM IST

Saradha accused Kunal Ghosh's bail prayer rejected, once again

The Calcutta High Court on Monday rejected the bail prayer of suspended Trinamool Congress MP Kunal Ghosh, an accused in the multi-crore rupee Saradha chit fund scam.

Sep 07, 2015, 18:37 PM IST

Mithun returns Saradha money to ED

Bollywood superstar and Trinamool Congress MP Mithun Chakraborty on Tuesday returned the money he had received from scam-tainted Saradha Group for hosting a TV programme.

Jun 16, 2015, 20:23 PM IST

CBI arrests aide of Saradha group chief Sudipto Sen

The Special Crime branch of CBI on Tuesday arrested Arindam Das, a close aide of Saradha group chief Sudipto Sen, in connection with the multi-crore ponzi scam.

May 19, 2015, 13:42 PM IST

Saradha scam: CBI questions Assam PCC Chief

CBI on Thursday questioned Assam Congress Chief Anjan Dutta in connection with alleged duping of gullible investors by Saradha group of chit fund companies.

Mar 26, 2015, 21:33 PM IST

Saradha group chief sent to 14 days judicial custody

Saradha Group chief Sudipta Sen, the prime accused in the multi-crore rupees ponzi scheme scam, was sent to 14 days judicial custody by a local court in connection with a case filed by a retired soldier.

Mar 24, 2015, 12:04 PM IST

CBI raids Trinamool MP Tapas Paul's home, 42 Rose Valley locations

The CBI on Wednesday raided the Kolkata residence of Trinamool Congress actor-MP Tapas Paul and 42 other locations of the Rose Valley Group across India in connection with a multi-crore-rupee chit fund scam.

Mar 04, 2015, 17:14 PM IST

I-League: Mohun Bagan face Mumbai FC challenge in campaign opener

Facing the biggest crisis in its 125-year history, Mohun Bagan will hope the acute financial situation and a difficult build-up does not reflect on the club's showing when it kicks off its I-League football tournament campaign against Mumbai FC here on Sunday.

Jan 17, 2015, 20:04 PM IST

CBI arrests chit fund company chief in Tripura

CBI on Wednesday arrested chief of a chit fund company from Tripura who had allegedly scooted after collecting deposits worth crores from investors in the state.

Jan 14, 2015, 18:59 PM IST

Saradha scam: ED grills Trinamool leader Shankudeb Panda

Trinamool Congress leader Shankudeb Panda was Monday questioned by the Enforcement Directorate (ED) in the multi-crore rupee Saradha scam.

Dec 29, 2014, 22:48 PM IST

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.

Dec 16, 2014, 19:05 PM IST

Saradha Group gone, website remains

The Saradha Group went bust over a year ago but its website, which lured unsuspecting poor people into investing in its chit fund schemes and deprived them of their hard-earned savings, still exists.

Dec 02, 2014, 09:55 AM IST

Saradha scam: Life and death fight for me, says suspended TMC MP Kunal Ghosh

Suspended Trinamool Congress MP Kunal Ghosh, who recently made an alleged suicide attempt, on Monday claimed that he would not get justice and that it was a life and death fight for him in the Saradha scam case in which he is an accused.

Dec 01, 2014, 17:55 PM IST

CBI registers fresh cases in ponzi scheme probe

CBI on Friday registered two fresh cases against as many companies in West Bengal in connection with chit fund scam in which thousands of investors, lured by higher interests, were duped of their deposits.

Nov 28, 2014, 20:38 PM IST

Saradha scam: ED questions IRCTC officials

 The Enforcement Directorate today questioned officials of the Indian Railways-owned IRCTC in connection with the Saradha scam probe.

Nov 13, 2014, 19:23 PM IST

Chit-fund scam: Not done anything wrong, says West Bengal minister Madan Mitra

After days of lying low since allegation surfaced about his association with the tainted Saradha group, West Bengal transport minister Madan Mitra on Tuesday came out in self-defence, claiming he had not done anything wrong.

Nov 04, 2014, 21:53 PM IST

Saradha scam: ED grills painter Shuvoprasanna, industrialist Harsh Neotia

Enforcement Directorate (ED) on Monday grilled painter Shuvoprasanna and industrialist Harsh Neotia in connection with the Saradha scam.

Oct 13, 2014, 19:04 PM IST

West Bengal BJP writes to Rajnath Singh demanding security for Saradha chief

State BJP president Rahul Sinha has written a letter to Union Home Minister Rajnath Singh demanding better security arrangements for Saradha group chief Sudipto Sen and suspended TMC MP Kunal Ghosh apprehending security threat to them.

Sep 29, 2014, 19:35 PM IST

Former Odisha advocate general gets bail

A court here on Friday granted bail to Ashok Mohanty, former advocate general of Odisha, who was arrested on September 22 by the CBI for his alleged involvement in the chit-fund scam.

Sep 26, 2014, 15:44 PM IST

CPI-M seeks probe into Saradha funds for Bangladesh

The CPI-M Monday sought a central government probe into allegations that the Saradha Group scam money was channelised to Bangladesh to fund terror acts against India and challenged West Bengal Chief Minister Mamata Banerjee to seek a clean chit from the CBI on the scandal.

Sep 15, 2014, 22:12 PM IST