₹350 Crore Ponzi Scam Unearthed in Asansol, West Bengal
A fresh Ponzi scheme has come to light in Asansol, West Bengal, with alleged misappropriation of ₹350 crore from unsuspecting investors. The scam, reportedly run by Tahsin Ahmed, involved a chit fund operation promising high returns, which attracted a large number of depositors. Once the funds were collected, authorities claim the accused allegedly diverted the money for personal gain.
Leader of Opposition Suvendu Adhikari demanded immediate action, calling for Ahmed’s arrest and the return of investors’ money. He also urged regulatory bodies, including SEBI and the Enforcement Directorate (ED), to trace the financial transactions and expose the full extent of the scam. Local law enforcement has begun preliminary investigations, while financial experts warn of widespread investor losses if swift action is not taken. The incident has reignited concerns over the regulation of chit funds and Ponzi schemes in West Bengal, highlighting the need for stricter monitoring and transparency in financial operations to protect small investors.
