Green Ray Chit Fund Scam: CBI Nabs Two Brothers Of Ponzi Firm Owner From Odisha’s Balasore

Balasore: The CBI on Thursday arrested the two brothers of Mir Sahiruddin, owner of the Green Ray International Limited (GRIL), for their complicity in a chit fund scam.

According to the CBI, Sahiruddin and his two brothers, Mir Jamir and Mir Saimat, had duped people in Odisha of Rs 500 crore as part of the scam. They had also cheated people in other states of Rs 2000 crore.

As part of the probe into the scam, a six-member CBI team led by DSP Ashok Kumar raided a house at Sekabada near Jaleswar in Balasore district and arrested Jamir and Saimat.

The CBI officials later brought the duo to Bhubaneswar for further interrogation.

The CBI had arrested Mir Sahiruddin, a native of Sasanbad village near Jaleswar, from Kolkata airport on July 3, 2017.

According to the CBI, the chit fund company has more than 100 branches across Maharashtra, Goa, Odisha, Jharkhand, Chhatisgarh, Bihar, West Bengal, Andhra Pradesh, Delhi, Karnataka, Tamilnadu, Haryana, Madhya Pradesh, Uttar Pradesh and Gujarat apart from an international branch in Dubai.