Chit fund operator lands in Tripura lock up

Agartala, May 24: Agartala Chief Judicial Magistrate remanded a chit fund operator to five day's police custody, official sources said.

Police sources here today said that Dipak Das, a permanent residence of Agartala, was accused of embezzlement of a huge amount of public money from Tripura, Manipur and Asom, in the name of fake non-banking financial institutions.

According to the warrant issued by the Criminal Investigation Department (CID) of Tripura police, Kolkata city police arrested Dipak Das on April 11 from Shildah area and he was produced before Kolkata Metropolitan Magistrate.

He was reportedly absconding for the past two years.

On Tripura police's persuasion, court had asked Kolkata Police to send him to Agartala. After more than a month, a five-member CID team of Kolkata Police, finally reached here with Dipak Das yesterday.

According to police reports, Das had set up non-banking finance in the name of Tripura Dengin Agro Resort and Developer Limited in 2001 while same business was started in Silchar and Imphal in different company name.

In 2005, two cases of financial cheating had been registered against him in Agartala and there after seven other complaints were lodged in Tripura, Manipur and Asom.

UNI