The Supreme Court today ordered CBI probe into chit fund scams in West Bengal, Odisha and Assam in which various companies, including Saradha, allegedly duped investors of around 10,000 crore rupees.
The apex court asked the agency to conduct probe against Saradha company in West Bengal and 44 other firms of Odisha which were allegedly involved in chit fund scams.
The court gave the order while hearing three petitions in the Saradha scam – two from Bengal and one from Odhisa – on it. The court noted that these companies indulge in ponzi schemes have their tentacles in different States giving the scam inter-state ramifications.