Tue. Apr 20th, 2021

CBI to investigate Saradha chit fund scam

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Delhi: The Supreme court of India has handed over investigation into Saradha chit fund scam to the CBI (central bureau of Investigation).

The Apex court through a bench headed by Justice T.S. Thakur said that the CBI will also investigate any other ponzu schemes scams in west bengal and had also asked the Central Bureau of Investigation (CBI) to investigate ponzi scheme scams in Odisha.

The court also asked CBI to look into the money laundering angle in the saradha chit fund scam.

The court also pointed out that the state police has not been able to make any headway in the conspiracy angle, money trail and the seizure of the properties related to the scam.

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