CBI arrests absconding accused in chit fund case

🇮🇳 The Hindu (IN) — 2026-08-30

The Central Bureau of Investigation (CBI) arrested an accused individual absconding in a chit fund fraud case involving illegal fund collection from unsuspecting depositors. This reflects ongoing legal and political efforts to address financial crimes in India.

The funds were illegally collected from gullible depositors, according to the CBI

Security Politics Markets CBI arrest chit fund fraud financial crime India depositors

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CBI arrests absconding accused in chit fund case

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