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CBI arrests 3 in chit fund case

Shiv Narayan Das is known to be the mentor of Saradha Group chairman Sudipto Sen, who is presently languishing in jail

CBI
CBI logo <b> Wikimedia Commons <b>
Press Trust of India Kolkata
Last Updated : Aug 05 2016 | 9:29 AM IST
The CBI arrested three directors of Silicon Group, a city-based chit fund company, after a five-hour grilling by the investigation agency.

According to a senior CBI official, Shiv Narayan Das, Tushar Jana and another person, all directors of Silicon Group, faced a lot of complaints from the subscribers.

"After questioning for five hours, we arrested the three. They were accused of cheating people by making false promises of huge returns. During questioning they failed to give any proper reply," the CBI official said.

Das is known to be the mentor of Saradha Group chairman Sudipto Sen, who is presently languishing in jail.

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First Published: Aug 05 2016 | 12:32 AM IST

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