Saradha scam: CBI files 5 more cases

The CBI has registered five more cases in connection with the chit fund scam in Assam arising out of alleged financial bunglings by Saradha group of companies.

The cases have been registered under IPC sections related to criminal conspiracy, cheating and criminal misappropriation against five companies operating in the northeastern state for allegedly duping gullible investors of their hard earned money, agency sources said.

Rose Valley, Silicon Multiservices Limited, Uro Agro India Ltd and URO Infra Realty India Ltd and Prayag Infotech Hi-rise Ltd are the firms against whom the cases were filed on Sunday.