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CID probes multi-state₹10k-crore ‘chit-fund’ fraud

The Madhya Pradesh Criminal Investigation Department (CID) has unearthed a suspected chit-fund fraud involving more than ₹10,000 crore and nearly 35 million investors across 17 states, officials aware of the matter said on Monday

Read full story on Hindustan Times
Hindustan Times25 Aug 2026, 02:48 amUpdated 3h ago1 min readIndiaIndia
CID probes multi-state  ₹10k-crore ‘chit-fund’ fraud

IndiaHindustan Times

The Madhya Pradesh Criminal Investigation Department (CID) has unearthed a suspected chit-fund fraud involving more than ₹10,000 crore and nearly 35 million investors across 17 states, officials aware of the matter said on Monday

This report is published with credit to Hindustan Times. The wire sent a summary; open the original for any extra context. Read on Hindustan Times

Source: Hindustan Times. Published 25 Aug 2026, 02:48 am.

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