Andhra CID says probe found ghost subscribers in Margadarsi chit fund
N Sanjay, Additional Director General of Police (ADGP) of AP CID, at a press conference held on Sunday said, “A number of irregularities involving fraudulent membership have been discovered. The company's financial situation is very uncertain, and in order to pay its subscribers, it is dependent on their recent and new subscriptions.”
Source: thenewsminute.com