Kolkata, March 17 (IANS) Probing the chit fund scam in West Bengal, the CBI on Tuesday secured the custody of MPS Group chairman Pramatha Nath Manna, who was arrested for allegedly duping investors.
Manna was arrested on September 27 last year on charges of cheating, forgery, criminal breach of trust and criminal conspiracy and has been in custody since then.
He was presented before the court of Additional Chief Judicial Magistrate Apurba Kumar Ghosh in Barasat in North 24 Parganas district which sent him to custody of the CBI till March 26.
"The company allegedly collected approximately Rs.2,500 crore from the public without valid permission from any regulatory body and funds were diverted and siphoned off," a CBI official said.
The CBI on January 20 had raided 19 locations of the company in the state.
MPS Greenery is one of the several non-Saradha Group companies against which the CBI has registered cases while probing the multi-crore-rupee chit fund scam.
The SEBI in 2013 had issued an advisory warning the public against investing in MPS Greenery Developers Ltd.
The DC Universe finally got its superhero Superman. Yes, James Gunn's rebooted DC Universe will s
Water Conservation: Best state status to Uttar Pradesh, these two states are second and third
Union Minister Gajendra Singh Shekhawat on Friday announced that Uttar Pradesh has been ranked as
Today is Zuma. There is a high alert across the country regarding this. Rioters have been spreadi
The meeting of the Standing Committee of Nepal Communist Party has been postponed again for a wee
Sonal Mansingh to spread 'Swachh Bharat' message through dance
New Delhi, March 17 (IANS) Classical dancer Sonal Mansingh Tuesday announced the theme of this
Like this, I have spent 16 times in jail; SP candidate chief Gurjar openly threatens
Videos of controversial rhetoric of candidates who came out to campaign during the UP assembly el
Cyclone Mandaus, which originated from the Bay of Bengal, is moving towards Tamil Nadu, Andhra Pr
Monkeypox Alert in UP: Alert in UP regarding monkeypox, the health department issued advisory
Monkeypox Virus Alert in UP:: Monkeypox cases have reached Delhi after Kerala. Given this, the He
Russia's attack against Ukraine has intensified. In this war, Russia has to face strong resistanc
Women and girls are becoming the most concerned about their safety and rights under the Taliban r
