Maldivian foreign minister, Abdullah Shahid appointed as president of opposition party, U.S. State Department condemns internet shutdowns in Pakistan, CSK vs RCB in opener as IPL fixtures for first 17 days announced, Former Samajwadi Party leader Swami Prasad Maurya launches 'Rashtriya Shoshit Samaj Party',

CBI arrests accused in Pearls Group scam after his deportation from Fiji

The Central Bureau of Investigation (CBI) on Tuesday arrested an absconding accused, then Director of Pearl Group, on his arrival in New Delhi, in connection to a multi-crore chit fund case. The arrested accused have been identified as Harchand Singh Gill. The accused was brought back to India upon being deported from Fiji under 'Operation Trishul',which was launched by the Central Bureau of Investigation (CBI) to bring back fugitives living abroad. Around 30 fugitives were successfully brought to India under the operation since its launch last year. The operation aims to geo-locate proceeds of crimes and fugitives with the help of Interpol and bring them back.

The agency started the investigation against the Pearls Group and its founder Nirmal Singh Bhangoo on February 19, 2014 on the allegations of cheating crores of gullible investors by offering them land in return of their investments. The agency has alleged that over Rs 60,000 crore was siphoned off by the company by duping these investors across the country. The case was registered against the then Chairman/CMD and promoter/director of Pearls Group and others after conversion of preliminary enquiry registered earlier on the directions of the Supreme Court to inquire into the said allegations.


Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Food & Lifestyle

Institute of Hotel Management, Mumbai was founded as Institute of Catering and Institutional Management in 1954.

Read More

Crime

A retired IAS officer is facing a multi-agency probe which includes the Enforcement Directorate and CBI.

Read More

Opinion

India's agriculture sector, a cornerstone of its economy, affects the livelihoods of over 55% of its population.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.