CBI searches 58 locations in chit fund scam

New Delhi, Sep 4 (IANS) The CBI on Friday conducted searches at 58 locations across the country against the Basil International Limited asset management company in a chit fund scam.

“Our separate team of sleuths conducted raids at 58 locations in many states, including West Bengal, Uttar Pradesh, Delhi, Assam, Maharashtra and Jharkhand,” a Central Bureau of Investigation (CBI) officer said.

The CBI sleuths raided 29 locations in West Bengal, 12 in Uttar Pradesh, 11 in Delhi, three in Assam, two in Maharashtra and one in Jharkhand against Basil International.

A total of 246 cases have been registered by the CBI against 128 companies including Saradha Group, Rose Valley, Unipay 2 U, Jeevan Suraksha, Prayag, Abyss Assam Group Co, Basil International Limited and Daffodils Group of Companies.

Related Posts

Leave a Reply