Press Esc to close
Friday 25 July 2014
News updated at 5:43 AM IST
Weather
Max: 28.5°C
Min : 19.8°C
In Bangalore
Sunny day

Two Saradha Group agents among three held

Burdwan (WB), Apr 20, 2013 (PTI):

Three persons related to 'chit fund' companies including two from the Saradha Group were today arrested from Burdwan district following complaints against them by investors, the police said.

Madhab Das and Jayanta Chowdhury, agents of the Saradha Group, were arrested from Heeragachhi area of Burdwan town.

One of the directors of Saradha Group was arrested yesterday from Kolkata while its Chairman and Managing Director Sudipta Sen was still at large.


With a huge default in repayments, the Saradha Group is virtually on the verge of collapse.

Pressure on its finances recently forced the group to wind up at least 10 media organisations, including newspapers and television channels it had launched or acquired since 2010-11.

The third person to be arrested was Jayanta Das, manager of Espen Group, another chit fund company, the sources said.
He was arrested from Gupta Market of Memari in Burdwan district.

Go to Top

Photo Gallery
India's Sanjita Khumukcham completes a lift during the 48-kg women's weightlifting event...

India's Sanjita Khumukcham completes a lift during the 48-kg women's weightlifting event...

Sachin Tendulkar speaks at the launch of the campaign “Shuddh Paani, Swastha Bharat” to curb...

Sachin Tendulkar speaks at the launch of the campaign “Shuddh Paani, Swastha Bharat” to curb...

Kajol with her mother actress Tanuja at a seminar on breast cancer in Pune...

Kajol with her mother actress Tanuja at a seminar on breast cancer in Pune...

Hironori Kanayama, President & CEO 0f Honda Cars India Ltd. and Yoshiyuki Matsumoto...

Hironori Kanayama, President & CEO 0f Honda Cars India Ltd. and Yoshiyuki Matsumoto...

School students wades through a flooded street after heavy rains in Ahmedabad...

School students wades through a flooded street after heavy rains in Ahmedabad...

Aishwarya Rai Bachchan at a promotional event in Glasgow on Wednesday...

Aishwarya Rai Bachchan at a promotional event in Glasgow on Wednesday...

Monsoon clouds over Taj Mahal in Agra...

Monsoon clouds over Taj Mahal in Agra...

A over view of fireworks that gallored the sky at Celtic Park during the opening ceremony...

A over view of fireworks that gallored the sky at Celtic Park during the opening ceremony...

A  man rows his boat on a river in Buthidaung...

A man rows his boat on a river in Buthidaung...

A worker sorts coffee berries at a factory in Kienjege, Nairobi...

A worker sorts coffee berries at a factory in Kienjege, Nairobi...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523