The ADC has already processed 32,319 claims, resulting in the disbursal of around ₹22 crore of funds to investors, ED sources said. The restitution process is likely to acquire optimum pace over the ...

A Special Court in Odisha's Khurda ordered the release of Rs 332.76 crore - now valued at approximately Rs 450 crore - held ...

The Calcutta High Court had ordered confiscation of the properties owned by the Rose Valley Group to return money to the scam ...

The Enforcement Directorate (ED) has sent a communication to the West Bengal government informing the latter about the ...

Nikshipta Chit Fund Company directors, Sangisetty Karunakar and Moola Umamaheswar had gone absconding after switching off ...

A special court in Odisha has mandated the return of Rs 450 crore linked to the Rose Valley multi-state chit fund scam to ...

A special court in Odisha has ordered the restoration of Rs 450 crore worth funds attached by the Enforcement Directorate in ...

A 46-year-old chit fund agent in Karimnagar died by suicide after failing to repay investors following the abrupt closure of ...

A PMLA court in Bhubaneswar has ordered the reimbursement of Rs 332 crore to victims of the Rose Valley chit fund scam in ...

Learn how to build an emergency fund without compromising your lifestyle. Discover smart budgeting strategies, money-saving tips, and market-saving plans like high-yield accounts, fixed deposits, ...

Debabrata Mohapatra is an Assistant Editor at The Times of India, Bhubaneswar. He had been writing for TOI from Puri since ...

As the properties of the chit fund company were seized recently, customers started mounting pressure on Rajaiah for their ...