Gallery
Indian men’s hockey team vice-captain Hardik Singh has expressed his gratitude and excit
- Djokovic, Alcaraz land in same half of Miami draw
- India to host 2nd Asian Yogasana Championships from March 29 to 31
- FA Cup: AFC Bournemouth secure 5-4 penalty shootout win vs Wolves to reach QF
- Davidovich Fokina, Machac set for historic Mexican Open final
- Premier League: Haaland scores on return as City beat Spurs to move back into top-4
CBI arrests Trinamool leader Pranab Chatterjee in chit fund scam | ||||||||
|
||||||||
The Central Bureau of Investigation (CBI) said on Friday that it has arrested Pranab Chatterjee, who is a Trinamool Congress leader and Chairman of the Burdwan Municipality in West Bengal, in connection with a chit fund fraud case. The case pertains to ponzi schemes that were reported from West Bengal and Odisha.
The CBI said that the accused allegedly allured the public at large to invest in some scheme with a promise of high rate of returns at maturity, without the requisite permission from the regulatory authorities.
A large number of investors invested their hard-earned money with the said trust, which was being run by the accused, among others. It was also alleged that the trustees failed to repay the maturity amount, cheated the investors, misappropriated their hard-earned money, closed down the branches and fled.
The CBI found that Chatterjee was closely associated with the trust and the trustees.
Chatterjee allegedly misappropriated over Rs 3 crore from the trust for personal use.
On Friday, searches were conducted by the CBI at the premises of the accused, which led to the recovery of several incriminating materials.
| ||||||||
| ||||||||
For Latest Updates Please- Join us on ![]() Follow us on ![]() |
||||||||