Chit Fund Scam Busted in Indore, Gang has 23 billion fraud in

The network of a chit fund enterprise, which cheated on 20.18 lakhs by attracting profits in the name of investment, was exposed by the STF (Ascendant Task Force) of Madhya Pradesh police. The gang operated a Chit Fund network in ten states with two fake firms with its Dubai headquarters. The Chit Fund Company has deposited money with investors by attracting 6 to 8% profits each month. In this way, in 2023-24, the gang scam of Rs 23 billion. In this case, Madhya Pradesh STF arrested two major accused of Delhi – Madan Mohan Kumar and Deepak Sharma. Full investigation revealed that the gang was part of a large international network, which cheated on people through false investment schemes. The scam has spread to the state and many parts across the country, and the STF has now planned strict action against this gang. If this action is considered a great success, the STF said that the public should be more aware to avoid such scams so that such fraud can be avoided. Share this story -tags