Chit fund scam: Two more agents commit suicide, toll nine
May 06, 2013  16:34
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Just in: TV reports say there have been two more suicides in connection with the Saradha chit fund scam in West Bengal. A 65-year-old man kills himself after his son raked up a debt of Rs 1 crore and was gheraoed by depositors. In another case, the CMD of one of the chit fund companies, committed suicide after he is unable to pay depositors. The suicide count, since the scam broke last month, has gone up to nine.

The body of Jagdish Roy, whose son Bidhan used to operate a chit fund firm and owed over Rs.1 crore to investors, was found hanging at his house in North 24 Parganas district's Sodepur on Sunday night. His family alleged that angry investors had ransacked his house a few days ago and assaulted him.

In Hooghly district's Chinsurah, Jayanta Sarkar, who used to run a small deposit- seeking firm, hanged himself Sunday night. Police said that over the last few days, Sarkar was hounded by angry investors demanding their money back.

In another case of distressed agents and collective scheme operators committing suicide, 30-year-old Sanjay Sarkar, an agent with a chit fund company, ended his life. Police have found suicide notes from both Jayanta and Sanjay Sarkar.
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