ED probe into chit fund scam

Special Task Force set up to carry out investigations

April 26, 2013 12:03 am | Updated December 04, 2021 11:18 pm IST - NEW DELHI

The Enforcement Directorate (ED) has initiated investigations into the suspected money laundering by managers of the Saradha Group’s chit-fund ventures against whom cases have been registered for allegedly duping thousands of investors in different States.

According to the ED sources, the probe has been taken up on the basis of four First Information Reports registered at Guwahati in Assam following complaints lodged by the local investors.

“Among those against whom investigations have been initiated are chairman-cum-managing director of Kolkata-based Saradha Group Sudipta Sen; his wife and company director Debjani Mukherjee; Tazeel Golmai of Saradha Realty; Arup Shankar Dhar, who is publisher of Seven Sisters Post; and company’s executive director Sudip Ghosh,” according to informed source.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.