Overview
- Local police have drawn up FIRs at Asansol North Police Station after multiple complaints from depositors.
- BJP leaders allege an unlicensed scheme collected about ₹350 crore from roughly 3,000 investors, promising 14% monthly returns and ceasing contact around October 15.
- Depositors report initial payouts followed by halted payments, leading to street demonstrations in the Railpar/Jahangir area and demands for repayment.
- Tahsin Ahmed has appeared in a video apologizing to investors and saying he has been unable to return their money.
- Trinamool Congress denies current ties to the accused family and points to the father’s past association ending in 2023, while the BJP demands arrest and ED–SEBI investigations.