March 13, 2026 01:06 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
America’s flip-flop on Russian oil: How Washington sends conflicting signals to India | Big diplomatic win! Iran allows Indian oil tankers through the Strait of Hormuz | ‘It was over in the first hour’: Trump declares victory in Iran war, says ‘nothing left to target’ | Indian-origin shopkeepers face targeted attacks in Wembley; Somali men suspected | Iran pulls out of 2026 FIFA World Cup amid war with US-Israel | Supreme Court allows first-ever passive euthanasia for 32-year-old man in coma for 13 years | As Iran-US war disrupts global gas supply, India issues guidelines to manage shortages | LPG crisis hits metros: Commercial cylinder shortage triggers panic as govt prioritises domestic supply | Iran war disrupts LPG supplies, restaurants in major Indian cities edge towards shutdown | ‘How dare you question judicial officers?’: SC raps Bengal SIR pleas, orders appellate tribunals for voter list appeals

CBI raids Tapas Pal's residence in Ponzi scam

| | Mar 05, 2015, at 01:14 am
#CBI raids Tapas Paul's residence in Ponzi scam
Kolkata, Mar 4 (IBNS): The Central Bureau of Investigation (CBI) on Wednesday raided Trinamool Congress (TMC) MP Tapas Pal's residence in Kolkata.
This is one of the 43 premises being raided by the probe agency in a nation-wide operation in connection with a Ponzi scam.
 
"Searches are being conducted today by CBI at 43 locations across the country including 27 in West Bengal, 7 in Tripura and 1 location each in Odisha, Assam, Delhi, Uttar Pradesh, Maharashtra, Bihar, Jharkhand, Chattisgarh and Tamil Nadu," the CBI said in a statement available with the media.
 
Pal was the director of the Rose Valley Group, which is being investigated for allegedly duping investors in the Ponzi scam.
 
Rose Valley Group has been under the probe for almost two years with Market regulator Securities and Exchange Board of India, or SEBI, has been investigating the company since 2013.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
In Images: CEC Gyanesh Kumar offers prayers at Dakshineswar Temple in Kolkata
In Images: CEC Gyanesh Kumar offers prayers at Dakshineswar Temple in Kolkata Mar 10, 2026, at 01:22 pm
In Images: Prez Murmu attends the 9th International Santal Conference at Darjeeling
In Images: Prez Murmu attends the 9th International Santal Conference at Darjeeling Mar 08, 2026, at 02:47 am
In Images: Mamata Banerjee holds dharna in Kolkata over SIR issue
In Images: Mamata Banerjee holds dharna in Kolkata over SIR issue Mar 06, 2026, at 06:25 pm
Related Videos
Delhi civic body demolishes house linked to Holi murder case Mar 10, 2026, at 05:01 pm
Mamata Banerjee holds dharna over SIR in Kolkata Mar 06, 2026, at 03:41 pm
Fire at Dudhia in Kurseong Feb 26, 2026, at 03:54 pm