Web2 days ago · PTI. 12 April, 2024 05:02 pm IST. New Delhi, Apr 12 (PTI) The Andhra Pradesh CID has asked central agencies like the ED and the Income-tax department to probe the Margadarsi chit fund company, floated by media baron Ramoji Rao, for alleged violations of the chit fund law after it found that cash deposit records of the firm were “bloated and ... WebMar 23, 2024 · Men, women and even children who were a part of the All Investor Safety Organisation (AISO) poured in from 17 states of India to register their formal protest at …
Chit fund scams: Millions of poor investors robbed of …
WebDec 21, 2024 · The Aftermath of Saradha Scam. The aftermath of the collapse of the Saradha scam saw Mamta Banerjee announce a four-member judicial inquiry commission and a USD 70 million relief fund for low-income depositors. A special investigation team (SIT) was formed to speed up the process. It was investigated for a year. Web1 day ago · Taking exception to the press note issued by the Andhra Pradesh Crime Investigation Department (CID) on alleged irregularities by Margadarsi Chit Fund Private … earnbox
What Is A Chit Fund & How Do Chit Funds Work? - The Money Club
WebApr 13, 2024 · In an official statement, Margadarsi Chit Fund Private Limited (MCFPL) said Sanjay made dramatic allegations that the CID “is in the process of preventing one of the biggest financial frauds ... Web17 hours ago · Though Mahua Moitra did not take names, it was clear that she was hinting at Suvendu Adhikari, once a close aide of Mamata Banerjee, for his alleged involvement in the Saradha chit fund scam and Narada sting cases. Recently, the TMC also accused Adhikari of being involved in the Bengal teachers' recruitment scam. WebFeb 22, 2024 · Chit funds are a popular type of savings institutions in India. It is one of the main parts of the unorganised money market industry. It refers to an agreement arrived … csvhelper missingfieldfound to null