Fresh Ponzi rip-off surfaces in West Bengals Asansol, 350 crore siphoned

Almost a decade after ponzi scams by Saradha and Rose Valley teams had rocked West Bengal, a contemporary chit fund rip-off has surfaced at Asansol in States Paschim Bardhaman district. Locals have held protests demanding the return of cash and police have drawn up FIRs at Asansol North Police Station towards Tahsin Ahmed, who has allegedly duped the traders of the cash. Tahsin Ahmed is son of Shakeel Ahmed, who’s related to the minority wing of Trinamool Congress.

Leader of Opposition Suvendu Adhikari stated that the rip-off has affected 3000 households. “For 3 lengthy years, Tahsin Ahmed; son of Shakil Ahmed alias Master Shakil, Co-President of TMC’s Minority Wing in Paschim Bardhaman district has been looting over 3,000 harmless households in Asansol. ₹350 Crore amassed by means of a FAKE UNLICENSED firm!” Mr. Adhikari posted on social media

The BJP chief claimed that “massive Trinamool Congress leaders and the corrupt administration supplied full cowl, in any other case such a heist wouldn’t have been potential”. “Where did the ₹350 Crores go? Benami properties? Terror funding? Anti-national actions? TMC’s soiled political slush funds?” Mr. Adhikari requested.

According to the Nandigram, BJP MLA Tahsin Ahmed promised 14% month-to-month returns after which vanished on October 15. Mr. Adhikari demanded the arrest of Tahsin Ahmed, return of cash of the traders and investigation by SEBI-ED into the cash trails.

Moutusi Dutta, one of many victims of alleged monetary fraud stated that she had deposited Rs 20 lakh by mortgaing her gold jewelry. “I acquired curiosity for just a few months, then it out of the blue stopped. Now once I go to ask for cash, I’m being pushed round,” she stated.

Trinamool Congress chief from Asansol V. Sivadasan (Dasu) stated that the rip-off has nothing to do with the occasion. “We need these behind the crime to be arrested. The father of the accused (Tahsin Ahmed) was related to the occasion until 2023,” Meanwhile, Tahsin Ahmed has launched a video apologising to the depositors saying that he has not been in a position to return the cash.

The Rose Valley and Saradha scams had rocked the State round 2013 and dominated the politics for a number of years. The Rose Valley rip-off, which has unfold tentacles in a number of states throughout japanese India was considerably bigger than the Saradha rip-off, The Rose Valley fraud starting from ₹15,000 to ₹17,500 crore. By comparability, the Saradha rip-off was reported to be round ₹2,460 crore.