Chit Fund Scam: CBI raids Offices of Silicon Group

Kolkata, May 15 (IANS): The Central Bureau of Investigation on Friday conducted searches in 26 different locations across India of the Silicon Group of Companies which is allegedly running chit fund operations.

The Kolkata-based group is one of the 44 chit fund companies being probed by the CBI following directions of the Supreme Court.

“Searches were conducted at 26 locations including 16 places in West Bengal, five places in Haryana, two each in Bihar and Jharkhand and one place in Odisha,” a CBI official said.