Saradha scam: Kunal Ghosh arrested

On Friday, speaking to 24 Ghanta, a Bengali news channel, Ghosh said the state government under Chief Minister Mamata Banerjee knew everything about the scam and didn't bother to take up the issue. He also feared an arrest. Charges were levelled against him under Sections 120(B), 406 and 420 of the Indian Penal Code, probe personnel Arnab Ghosh said, adding that they have enough evidence against Ghosh's involvement in the scam.
Several people lost their lifelong savings after the Ponzi scheme went bust earlier this. Owner of Saradha Group Sudipta Sen was arrested along with two of his assistants from Jammu and Kashmir state and is in jail.
OneIndia News
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