The CBI has found the role of nine shell companies for allegedly diverting proceeds related to the National Spot Exchange Limited (NSEL) scam to other avenues.<br/><br/>The agency in its probe of bank frauds has found that NSEL run by Jignesh Shah was allegedly using nine shell companies. The agency has prosecuted these companies on charges of cheating and corruption. It will also share its findings with specialised agencies like Serious Fraud Investigation Office, Income Tax and Enforcement Directorate among others.<br/><br/>The CBI sources said, these companies were allegedly trading on the exchange platform without having actual possession of commodities. <br/><br/>The agency has alleged that the nine shell companies which were defaulters in the scam, allegedly helped in diverting 342 crore rupees of investor's money.<br/><br/>The CBI had filed charge sheet against NESL promoter Jignesh Shah and then CEO Anjani Sinha along with 20 other entities in the case.