- Tuesday, March 04, 2025
By: Shubham Ghosh
India’s premier investigating agency Central Bureau of Investigation (CBI) has arrested Harchand Singh Gill, a director of the Pearls Group, who was deported from Fiji in connection to a ponzi scam worth over £6 billion allegedly orchestrated by his company, officials said on Tuesday (7).
Gill was brought from Fiji late Monday (6) night after being deported from the archipelago under ‘Operation Trishul’ which was launched by the CBI to bring back fugitives living abroad, they said.
The agency claimed that around 30 fugitives were successfully brought to India under the operation since its launch last year.
The operation aims to geo-locate proceeds of crimes and fugitives with the help of Interpol and bring them back.
The investigation against the Pearls Group and its founder Nirmal Singh Bhangoo was started on February 19, 2014, on the allegations of cheating crores of gullible investors by offering them land in return of their investments.
The agency has alleged that over Rs 60,000 crore (£6 billion) were siphoned off by the company by duping these investors across the country.
(PTI)
