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What the Saradha scam reveals

More details will doubtless pour out about Sudipto Sen’s rackets as investigations proceed. But one thing is certain. The vast majority of Saradha’s victims will only get a pittance......

Bengal government welcomes SC order on CBI probe into Saradha

The West Bengal government on Friday welcomed the Supreme Court verdict asking the Central Bureau of Investigation to probe the Saradha chit fund scam in which lakhs of investors were cheated of......

How chit funds have robbed investors in Bengal

The West Bengal government has stepped in for damage control after chit fund company Saradha Group went bust reviving memories of the collapse of Sanchayita Investments in the early eighties when......

Bengal SINGES as chit fund COLLAPSES

Congress MP Adhir Choudhury has pegged the loss at Rs 17,000 crore. Frustrated depositors and agents on Saturday vented their anger by ransacking Saradha offices across West Bengal. An agent in......
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iCore gave agents 30% share & car

KOLKATA: Shocking details have emerged of how iCore gave jaw-dropping incentives to agents to keep the cash flowing in, but which left the company... ...

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