Rural chit fund owner dies, toll climbs to 14

Last Updated 16 May 2013, 21:35 IST

The owner of a rural chit fund firm, active in two south Bengal districts, died on Thursday in Hooghly district taking the ponzi scheme fiasco deaths in the state to 14.

Police said Asim Bera, Managing Director of AMCO firm, was found lying unconscious on the side of his garage this morning. Bera, 56, was declared dead at Chuchura Imambara Hospital and suspected to have consumed poison on Thursday, the police said.
Quoting family, the police said Bera was facing threats from depositors in Bankura and Purulia districts where his firm was active and looked very depressed.

This was the second chit fund related death in Hoooghly district while 12 other cases, all suicides, mostly by agents or depositors, having taken place in other districts including North and South 24 Parganas.

Earlier on May 6, director of Hello India chit fund company Jayanta Sarkar,48, was killed with a sharp weapon at his residence in Chuchura.

The multi-crore chit fund scam in West Bengal was detected following the closure of several media houses run by Saradha group, which defaulted on repayment to lakhs of investors.

Saradha group chairman Sudipta Sen, who had fled the state, was arrested at Sonamarg in Kashmir along with his close associate Debjani Mukherjee and another employee Arvind Singh Chauhan.  

(Published 16 May 2013, 21:35 IST)

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