Report : Odisha News 24 Byuro //
NEW DELHI, (07/03) : The CBI has arrested Harchand Singh Gill, director of the Pearls Group, who was deported from Fiji in connection with a multi-crore chit fund scam allegedly orchestrated by his company.
Gill was brought from Fiji late on Monday night after being deported from the archipelago under ‘Operation Trishul’, which was launched by the CBI to bring back fugitives living abroad. Gill was arrested upon his arrival in New Delhi.
The agency started the investigation against two flagship companies of Pearls Group, PGF Limited and PACL Limited, and its founder Nirmal Singh Bhangoo and others on February 19, 2014, on the allegations of cheating crores of investors by offering them land in return for their investments.
The agency has alleged that over Rs 60,000 crore was siphoned off by the company by duping these investors across the country. Harchand Singh Gill was produced before the Rouse Avenue Court on Tuesday.