All forwarded to Chief Minister’s office

 The government has received more than 100 complaints from different parts of the State about the activities of deposit-seeking Ponzi companies, Consumer Affairs Minister Sadhan Pande said here on Monday.

 “The complaints have come from all across the State not only from rural but also from urban areas,” Mr. Pande said.

 The development comes about 11 months after the Saradha Group scam had rocked the State in April 2013. Nearly 18 lakh people have since then approached the inquiry commission set up by the State to compensate the investors who lost their deposits to the Saradha Group and other Ponzi firms.

 Since the Securities and Exchange Board of India (SEBI) has stopped operation of these companies the investors are approaching us, the Minister said.

  “We have forwarded all the complaints to the Chief Minister’s office,” he pointed out.

 According to Mr. Pande, people from the city and adjoining suburbs have also complained to the Consumer Affairs department about the deposit-seeking companies not returning their deposits.

 There were protests outside a Ponzi company in the city where the agents who collected deposits demanded that the money be returned to the investors as they were being threatened.

 The agents of Sumangal Industries Pvt. Ltd. that used to solicit funds under potato purchase schemes held protests in the Park Street area of the city.