LIVE! CBI forms SIT to probe Saradha scam

May 12, 2014 15:07

CBI constitutes Special Investigation Team under a joint director to probe multi-crore rupees Saradha chit fund scam. The Supreme Court verdict had asked the CBI to probe into the multi-crore Saradha chit fund scam. Investors who had been cheated by the ponzi schemes now want a court-monitored CBI probe in the issue.

Chit fund Sufferers' Unity Forum (CSUF), an umbrella organisation protesting and safeguarding interests of the duped investors, demanded a court-monitored investigation in Saradha Group chit fund scam as it involved many high profile names, some of them from the state's ruling Trinamool Congress.

Investors from Assam, West Bengal and Odisha were duped of Rs 10,000 crore.

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