PIONEER EDGE NEWS SERVICE /Dehradun
The Central Bureau of Investigation (CBI), Dehradun branch, arrested two accused in connection with the Loni Urban Multi State Credit and Thrift Co-operative Society (LUCC) chit fund case on Tuesday. The accused have been identified as Kishan Jain and Pankaj Jain, who were arrested from Mumbai, Maharashtra.
The officials, familiar with the details, said that after obtaining transit remand, both the accused would be brought to Dehradun and produced before the Banning of Unregulated Deposit Schemes (BUDS) Act Court. Earlier, the CBI had arrested five accused in this case, including three senior promoters of LUCC Cooperative Society. The investigation into the alleged chit fund scam is underway, they added.
