SARADHA REALTY

  • How a Saradha receptionist became executive director in 3 years April 27, 2013

    Kolkata: Debjani Mukherjee, who went from being a receptionist in the Saradha group to becoming an executive director, has now been arrested for defrauding investors. Her story is a fairy tale that ended badly. Debjani Mukherjee is known as 'Madam' by the employees of the Saradha group. She is a...
  • Don't remember to have named companies in letter to President: TMC MP April 26, 2013

    Trinamool Congress MP Tapas Paul had pointed towards the inaction over rising chit fund scams in West Bengal. In the letter dated 2010, the Trinamool Congress MP had asked the Centre to control the growth of ponzi schemes in the state. ...
  • WB chit fund scam: Sebi turns the heat on over a dozen other firms April 26, 2013

    Kolkata: The chit fund scam in West Bengal is getting bigger with market regulator Sebi turning the heat on over a dozen other companies running similar Ponzi schemes. People are rushing to withdraw Rs 20,000 crore invested in these companies. Sebi has asked the government to look into the operations...
  • WB chit fund scam gets bigger, 2 more firms come under scrutiny April 26, 2013

    Kolkata: The chit fund scam in West Bengal is getting bigger. Market regulator Sebi has asked the government to look into the operations of other companies, which could be compromising investor money like the Saradha group. The Rose Valley Group is one of them. The company has approached West Bengal Chief...
  • WB chit fund scam: Sudipta Sen sent to 14day police custody April 25, 2013

    Kolkata: Saradha group promoter Sudipta Sen and two others officials of the group have been remanded to 14 days' police custody by a court in Kolkata. The three accused in the chit fund scam were produced in the court amidst protests by Congress as well as Trinamool Congress supporters. Sources say...
  • Congress's Malda MP shielded Saradha group in a letter to PM April 25, 2013

    Kolkata: A Congress link to West Bengal's Saradha chit fund scam has surfaced. CNNIBN has accessed a letter written by Congress MP from Malda and Union Minister of State Abu Haseem Khan Chowdhury to Prime Minister Manmohan Singh where he shields the Saradha group. In the letter dated March 15, 2012,...
  • WB: Sudipta Sen says he doesn't have money to refund investors April 25, 2013

    Kolkata: The Saradha chit fund scam main accused, Sudipta Sen, was brought to Kolkata late on Wednesday night on a 4day transit remand. Congress workers greeted him with protests at the Dum Dum airport and he will be produced in court on Thursday. Meanwhile, under fire for the involvement of her...
  • WB chit fund scam: TMC MP had alerted UPA about ponzi schemes April 24, 2013

    Kolkata: In more embarrassment for the Mamata Banerjee government, another letter written by Trinamool Congress MP Tapas Paul has surfaced which had pointed towards the inaction over rising chit fund scams in West Bengal. In the letter dated 2010, the Trinamool Congress MP had asked the Centre to control the...
  • TMC MPs told me they will protect my business, alleges Sudipta Sen April 24, 2013

    Kolkata: CNNIBN has accessed West Bengal chit fund scam accused Saradha group promoter Sudipta Sen's letter to the Central Bureau of Investigation (CBI) dated April 6. Sen's letter to the CBI names top politicians, journalists, lawyers as having benefited from his company. Sen, in his letter, alleges that he forayed...
  • No proximity between Mamata and Saradha group: TMC MP Srinjoy Bose April 24, 2013

    In an interview with IBN18 EditorinChief Rajdeep Sardesai, Trinamool Congress MP Srinjoy Bose denied claims made by Saradha group Chairman Sudipta Sen that he was blackmailed by TMC MPs. ...
  • WB chit fund scam: TMC MP denies Saradha CMD's claims April 24, 2013

    Kolkata: The Trinamool Congress is on the defensive after the alleged West Bengal chit fund scam kingpin and Saradha Group CMD, Sudipta Sen, claimed he was blackmailed by the party's leaders. But TMC MP Srinjoy Bose denied the allegations and said his company's tieup with Saradha group was a completely...
  • WB chit fund scam: Sudipta Sen claims TMC leaders blackmailed him April 24, 2013

    Kolkata: Explosive revelations could embarrass the Trinamool Congress in the chit fund scam. National daily The Indian Express has reported that the Saradha Group CMD has sent an 18page letter to the Central Bureau of Investigation. The letter contains the names of several key politicians, officials and legal experts who...
  • WB chit fund scam: SEBI raps Saradha group April 23, 2013

    New Delhi: The Securities and Exchange Board of India (SEBI) on Tuesday ordered Saradha Realty India and its MD Sudipta Sen, accused in the West Bengal chit fund scam, to wind up all its collective investment schemes and refund money to the investors within three months. The SEBI order said that...