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Jeevan Suraksha Group owner held in Bengal

By STAFF Reporter

GUWAHATI, May 15 � The elusive managing director and owner of chit fund company Jeevan Suraksha Group, Chandan Das (49), charged with duping investors of Rs 6,000 crore, was arrested in West Bengal by the Criminal Investigation Department (CID) of the Assam Police in the wee hours today.

Following the arrest, the CID has reportedly sealed 90 bighas of land owned by Das in various parts of Assam.

Das was arrested along with his wife, Sangita Das from the house of one Manjula Dey located at Napara Barasat in North 24 Parganas in West Bengal. The investigators also recovered Rs 4, 21,950 and some incriminating documents from Das� possession.

Das had closed down his chit fund company in the State and the investors had subsequently lodged complaints with the Assam Police, alleging he had fled with money worth several crores of rupees.

A team of CID led by Additional SP Nirmal Baishya was camping in West Bengal for quite some time and managed to nab the culprits in the wee hours today in connection with CID Police Station case number 81/12, official sources told this reporter.

Sources said that over 50 cases are registered against the chit fund group in various parts of Assam including with the BIEO and the CID.

So far, nine arrests have been made by the Assam Police in this connection including all the members of the board of directors of the firm who include Arju Acharya, Uttam Acharya, Ashok Chakrabarty and Chandan Das.

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Jeevan Suraksha Group owner held in Bengal

GUWAHATI, May 15 � The elusive managing director and owner of chit fund company Jeevan Suraksha Group, Chandan Das (49), charged with duping investors of Rs 6,000 crore, was arrested in West Bengal by the Criminal Investigation Department (CID) of the Assam Police in the wee hours today.

Following the arrest, the CID has reportedly sealed 90 bighas of land owned by Das in various parts of Assam.

Das was arrested along with his wife, Sangita Das from the house of one Manjula Dey located at Napara Barasat in North 24 Parganas in West Bengal. The investigators also recovered Rs 4, 21,950 and some incriminating documents from Das� possession.

Das had closed down his chit fund company in the State and the investors had subsequently lodged complaints with the Assam Police, alleging he had fled with money worth several crores of rupees.

A team of CID led by Additional SP Nirmal Baishya was camping in West Bengal for quite some time and managed to nab the culprits in the wee hours today in connection with CID Police Station case number 81/12, official sources told this reporter.

Sources said that over 50 cases are registered against the chit fund group in various parts of Assam including with the BIEO and the CID.

So far, nine arrests have been made by the Assam Police in this connection including all the members of the board of directors of the firm who include Arju Acharya, Uttam Acharya, Ashok Chakrabarty and Chandan Das.

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