Thu May 14 20266 months ago

CBI takes strict action in Uttarakhand LUCC chit fund scam

According to report, the CBI has taken major action in the LUCC chit fund scam in Uttarakhand and arrested 5 accused, including the mastermind. Around ₹800 crore was collected from investors, with nearly ₹400 crore found to be fraud. Meanwhile, the main accused is reported to be absconding abroad, while the investigation is still ongoing.

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