June 29, 2026 06:47 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
India overtakes Taiwan, South Korea to become world's fifth-largest equity market again | Pakistan strikes terror hideouts near Afghan border after Karachi bloodshed, 29 killed | Israel strikes back: Top October 7 militant “eliminated” in precision operation | Radharaman Das, who defended Bengal's vegetarian mid-day meal plan, loses ISKCON post | Fresh paper leak rocks India: Maharashtra TET postponed a day before exam, over 4 lakh aspirants affected | Pune fort murder case: Siya Goyal's brother says family would have called off marriage if she had objected | Donald Trump gets a road named after him in India, says 'Thank You!' | Fresh setback for Gautam Adani? US judge asks DoJ to justify dropping criminal charges | Ram Mandir Trust chief Champat Rai resigns as alleged donation siphoning row escalates | Ram Mandir fund row deepens: 8 arrested days after BJP called allegations 'false narrative'
Saradha Group
Saradha Group logo. Photo: File

Kolkata court acquits Saradha Group owner Sudipta Sen, director Debjani Mukherjee in three cases

| @indiablooms | Aug 19, 2025, at 04:38 pm

A Kolkata court on Tuesday acquitted Saradha Group owner Sudipta Sen and a director in the Saradha Group, Debjani Mukherjee, in three cases related to the chit fund scam.

Three FIRs were filed against them at the Hare Street police station in Kolkata in 2013.

There were allegations of fraud of about Rs 10-15 lakh against the duo in the three cases.

The West Bengal government had also filed a case against them.

On Tuesday, the Bankshall Court acquitted Sudipta and Devyani in the first three cases, reported Bengali daily Sangbad Pratidin.

Sen and Mukherjee will not be released from prison at present since they are facing several other pending fraud cases.

The Saradha Group which went bust in 2013, left lakhs of depositors in a fix. 

Saradha Group chief Sudipta Sen and Saradha Group director Debjani Mukherjee were arrested in April 2013 in Jammu and Kashmir.

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.