| 1. | CBI is also investigating his involvement in Rose Valley chit fund scam.
|
| 2. | The Trust was registered from Tehsil Haridwar and Chit Fund Society Dehradun.
|
| 3. | In some variations of chit funds, the savings are for a specific purpose.
|
| 4. | He even claims money from chit fund which he never was a member of.
|
| 5. | The chit funds operate along similar principles.
|
| 6. | Unfortunately, entering the chit fund scam.
|
| 7. | Besides his primary business of lending money, he ran the Vakratund Chit Fund Pvt.
|
| 8. | The newspaper is closed and its website has also expired due to Saradha Group chit fund scam.
|
| 9. | In Kerala, chitty ( chit fund ) is a common phenomenon practiced by all sections of the society.
|
| 10. | Under the Chit Fund Act ( 1982 ), chit funds are regulated by state governments rather than SEBI.
|