Summary:
Kolkata: Central Bureau of Investigation (CBI) has arrested one of the directors of Pailan Group from Sealdah railway station on Friday evening. According to sources, Pailan Group was named in the complaint lodged by CBI a few years ago, in connection with a different chit fund scam. During investigation, CBI had raided several offices of Pailan Group and houses of the group's portfolio holders. In the middle of investigation, Singh and other directors managedto hide in order to avoid suspected arrest. According to CBI, the group had collected around Rs 520 crore from the market through different chit fund scams, by assuring a high rate of interest..