Saradha Group financial scandal

The Saradha Group financial scandal (Bengali: সারদা কেলেঙ্কারী) was a major financial scam and alleged political scandal caused by the collapse of a Ponzi scheme run by Saradha Group, a consortium of over 200 private companies that was believed to be running collective investment schemes popularly but incorrectly referred to as chit funds. in Eastern India.

Saradha Group financial scandal

The Saradha Group financial scandal (Bengali: সারদা কেলেঙ্কারী) was a major financial scam and alleged political scandal caused by the collapse of a Ponzi scheme run by Saradha Group, a consortium of over 200 private companies that was believed to be running collective investment schemes popularly but incorrectly referred to as chit funds. in Eastern India.