Since fiscal 2011-12, the ministry has probed a total of 102 companies while 96 chit fund companies have been investigated separately by SF...

"We are going to file the supplementary charegsheet in the Saradha Realty case at Alipur Court by this week," the CBI source said.

He would be interrogated for his role in alleged criminal conspiracy for diversion of funds in the Saradha ponzi scam.

Government today said as much as Rs 2,394 crore of investors' money that was collected through ponzi schemes by the West Bengal-based Sarad...

The special crime branch of CBI probing the scam had served summons on Mitra last month to appear before the agency for questioning.

"We will look into the matter how the website is still there on the web," an official of CBI, which is probing the fraud, told PTI when ask...

The Special Crime Branch of CBI today filed the second chargesheet in the Saradha ponzi scam case at Alipur court today.

The CBI is now trying to ascertain if Sebi had failed in its duties by failing in monitoring the growth of Saradha chit fund scheme in West...

In the scam, lakhs of investors in West Bengal and neighbouring states were defrauded of thousands of crores through illegal money pooling ...

Investors lost a whopping Rs 1,983 crore in Saradha ponzi scheme, an audit report said, putting rest to speculation on what could be the ex...

The state government has issued interim order for property attachment of both Saradha and Seashore Groups.

"Complaints have been received against 154 companies/organisations during the last three years," corporate affairs minister Sachin Pilot sa...

The complexity of transactions will make it harder to compensate investors as some of the companies appear to have little by way of assets.

The govt has directed the SFIO to probe three more West Bengal-based groups, suspected of defrauding investors through money-pooling scheme...

A large number of NRIs having origins in these states are understood to have been defrauded by many such companies, including Saradha group.

The investigation marks a reversal of the ministry's earlier stand that chit funds were regulated by states and the Centre had no role in t...

Saradha group has more than 100 firms registered with the RoC for businesses across sectors including real estate, automobile and education.