Home India news CBI Arrests Angel Agritech’s Nazubuulla In West Bengal Ponzi Scam Case

CBI Arrests Angel Agritech’s Nazubuulla In West Bengal Ponzi Scam Case


The CBI has arrested the Nazibullah, the Managing Director of Angel Agritech group. (Representational)

New Delhi:

The CBI has arrested the Managing Director of Angel Agritech group, Nazubuulla, who was allegedly on run in one of many ponzi rip-off circumstances of West Bengal, generally referred to as Saradha rip-off, officers stated Monday.

Nazubuulla was produced in a particular CBI court docket, Baruipur which remanded him in 10 days of CBI custody, they stated.

The CBI case pertains to swindling of Rs 454.54 crore of public cash collected from gullible traders, they stated.

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“It was further alleged that the accused fled after cheating the said investors and misappropriated the invested money,” CBI Spokesperson RK Gaur stated.

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