The CBI on Tuesday arrested Dibakar Das, Chief Managing Director (CMD) of a private company Rubi Star Marketing Pvt. Ltd. in a chit fund scam. The CBI had registered a case on June 8, 2017 against the CMD of the company based at North 24 Parganas (West Bengal) and others including two directors and branch manager.
The case was among many such cases registered at the behest of the Supreme Court.
“It was alleged that the accused had entered into conspiracy with an ulterior motive of siphoning off the illegally collected money amounting to Rs 38 crore from the investors under various fraudulent schemes on assurance of paying high returns on such investments on maturity and later closed its operation and fled away by cheating the said investors for their due amount, and misappropriated the money invested with the accused company,” the agency said in a statement.
It was further alleged that an amount of Rs 5,65,18,924 was also diverted from the company's account to the bank account of CMD, which was misappropriated by the accused.The arrested accused was produced before the Court of ACJM, Barrackpore, North 24 Parganas, Kolkata and has been remanded to five days police custody.