Punjab Chief Minister Bhagwant Mann on Thursday said all properties of the Pearls Group, a chit fund company, in the state would be taken over by the government. 📰 Chit Fund Fraud: Bhagwant Mann-Led Punjab Govt Orders Process To Take Over Properties of Pearls Group.
The mastermind Rishabh Jain, aged 30, a resident of Delhi, according to the release, had hired 10 employees to operate these fake firms. The mastermind was arrested on Sunday and produced before Economic Offence Court, Jaipur, and is remanded for judicial custody till July 7, 2023. Income Tax Scam in Delhi: Multi-State Tax Fraud Syndicate Involving Rs 1,047 Crore Busted, Mastermind Arrested.