New Delhi, Dec 23: The Central Bureau of Investigation (CBI) on Thursday arrested 11 people from Delhi, Chandigarh, Kolkata and Bhubaneshwar in connection with a private company which duped people of thousands of crores of rupees through different investment schemes.
CBI earlier registered a case on the directions of the Supreme Court against Pearls Group, which allegedly collected Rs 60,000 crores from 5 crore investors across the country by illegally operating investment schemes without statutory approval.
The CBI registered a case against directors of two flagship companies of the Pearls Group.
The CBI said four persons were arrested on January 8, 2016 and a chargesheet was filed against the accused on April 7, 2016. Further investigations were continued.
