The Saradha and Rose Valley scams had hogged the limelight in West ... "The poor went to chit funds because they did not have access to the banks. It was my government that has stopped them ...

"I was also a victim of chit fund scams. Two firms had duped me in 1990 ... including Kolkata-based Saradha Group and Odisha-based Seashore and Artha Tatwa groups. These ponzi firms reportedly ...

The Trinamool Congress is on the defensive even after the West Bengal chit fund scam kingpin and Saradha Group CMD, Sudipta Sen, claimed he was blackmailed by the party's leaders. Chit fund scam ...

The Sakinaka police have registered an FIR against three individuals for allegedly defrauding two brothers of approximately Rs70 lakh in a chit fund scam. The accused have been identified as Umar ...

The menace began again in 2012 with the busting of several chit-fund scams with Saradha and Rose Valley scams being the most prominent among them.

Odisha Chief Minister Mohan Charan Majhi on Tuesday (December 24, 2024) claimed that he was also a victim of chit-fund scams and urged people to be aware of the activities of ponzi firms to save ...