Chit fund scam: CBI raids 58 locations across India

Central Bureau of Investigation (CBI) raided 58 locations across the country on Friday in connection with multi-crore chit fund scam of West Bengal .

According to reports, the raids were conducted at 29 places in West Bengal, 12 in Uttar Pradesh, 11 in Delhi, 3 in Assam, 2 in Maharashtra and 1 in Jharkhand. The residential premises of a private firm's directors Prithi Pal Singh Sethi and Girraj Vashishtha and consultant BC Roy were also raided.

CBI has registered 971 cases in the chit fund scam, of which 464 cases are related to non-Saradha chit fund firms.