Siliguri, Mar 8 (ANI): Thousands of duped investors in Siliguri city of West Bengal took to streets protesting against chit fund companies in the state. People were protesting against fraudulent chit fund companies in the state and also threatened to boycott upcoming general elections, if action is not taken in this regard. Over two lakh investors from different parts of northern Bengal, who have invested 433 crore rupees, are demanding arrest of owners of all chit fund companies. Protesters alleged that they invested in companies after getting assurance from the state government, but now they are not taking any stringent actions. The Saradha Group went bust in April 2013, wiping out crores of rupees in deposits from mostly low-income Indians, miring West Bengal's government in scandal, and illustrating the risks faced by the millions who live outside the banking system.
