The manager and three others of Tower Group, a chit fund company, were arrested today at Arambag in Hoogly district.
The police said, the manager of Tower Group, Somsubhra Chatterjee, and three other staff of a branch office at Arambag were arrested this noon on the charge of cheating people.
Police raided the office after nearly a hundred depositors complained against the four employees of the branch office.
The depositors complained that they were being denied of their dues when they applied for premature withdrawl of money, sources said.