Delhi: Pearl Group director Harchand Singh Gill arrested by CBI in muti-crore chit fund case

The Central Bureau of Investigation (CBI) arrested a director of the Pearl Group on the intervening night of March 6 and 7 from New Delhi after he was deported from Fiji.

The accused Harchand Singh Gill was deported from Fiji in connection with a multi-crore ponzi scam allegedly orchestrated by his company, according to officials.

He was deported from the island country under 'Operation Trishul', a program launched by the CBI to bring back Indian fugitives residing abroad, officials added.

The arrested accused will be produced on Tuesday before the Designated Court at Rouse Avenue District Courts, Delhi.

The agency started the investigation against the Pearls Group and its founder Nirmal Singh Bhangoo on February 19, 2014, on the allegations of cheating crores of gullible 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.

(agencies inputs)

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