All you need to know about Sharda Chit Fund Scam

The Saradha scam was a major financial fraud which lured lakhs of investors to deposit money in its schemes with glossy brochures and the promise of abnormally high returns. An official estimate says Saradha had mopped up about Rs. 1200 crore through its chit funds, but some calculations put that the figure closer to Rs. 4000 crore. The company collapsed in Apri more

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