CBI expands ponzi probe to Jharkhand

CBI has registered a case against a Kolkata-based company and its Chairman-cum-Managing Director for allegedly cheating a person to the tune of Rs three crore by offering higher interest rate through ponzi scheme.
The agency has registered case against Aimfill Realty Industries, its CMD Masoom Ahmed, Manager Parasnath Raut besides three others--Saiful Islam, Azeemuddin and Sujauddin Mandal under IPC sections related to criminal conspiracy and forgery among others, CBI sources said.
"The Central Bureau of Investigation has registered a case ...Against then Directors & Managers of a private firm on the orders of Jharkhand High Court passed in WP (PIL) No. 1635 of 2014 and taken over the investigation of the case which was registered by Jharkhand Police on May 11, 2013 at Police Station, Dumka," CBI Spokesperson R K Gaur said.

He said it was alleged that the Manager and CMD both of private firm based at Kolkata and others cheated the complainant to the tune of Rs three crore (approx.) on the false promise to refund their investment with interest.
"The accused persons disappeared after closing their office premises at Dumka. It was also alleged that the company was not authorised by the RBI/SEBI to raise deposits from the public," the spokesperson said.
He said searches were conducted at the premises of accused at eight places including Kolkata and North 24-Parganas which led to recovery of some incriminating documents.