Chit fund scam: Absconding accused held

According to the police, more than 50 people joined the chit fund scheme that was floated by John Selvaraj (58) of Anakaputhur in 2017. However, he failed to pay the amount to his clients even after the amount matured and cheated them to the tune of 1.24 crore. 

The affected persons had lodged a complaint in this regard in January 2018. Following this, the case was forwarded to the Central Crime Branch. The CCB officers investigated and launched a hunt for John Selvaraj. While he was nabbed on December 20, one more accused in the case, Ben Robinson (57), was arrested on Saturday.