WB: Chit fund company director killed, 8th suicide reported

, May 7: The tragic fallout of the multicrore Saradha chit fund scam in

escalated on Monday with the first case of murder being reported in the state after eight people committed suicide. The eighth suicide happened on Sunday night.

A director of Hello India, a chit fund company, was found murdered at his residence in Hooghly district.

Jayanta Sarkar, 48, was allegedly killed with a sharp weapon on Sunday night, the police said. The attack was the first reported case of murder in connection with the Saradha scam.

On Sunday, the 60-year-old father of a chit fund company agent ended his life in North 24-Parganas district. The police say he was distressed over his son's inability to repay money to investors.

Jagadish Roy, father of Bidhan Roy who was the agent of Anex Chit Fund, was found hanging at his home at Rishi Bankim Gar colony at Sodepur on Monday, the police said.

PTI