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Chit fund scam: WB govt forms SIT to probe role of accused companies

Apr 22, 2013 11:55 PM IST Politics Politics

As lakhs of investors in West Bengal lose their savings in a chit fund scam following the collapse of the Saradha Group, the state government on Monday formed a special investigation team (SIT) and instituted a high-level inquiry into chit fund companies operating in the state.

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