ED searches properties linked to Prayag Group in Kolkata in chit fund scam

The ED raided Kolkata locations linked to the Prayag Group's chit fund scam. The group allegedly collected over Rs 1,900 crore through illegal schemes. Searches targeted a senior official's residence and a guest house. The Prayag Group operated across eastern and northeastern India. Its CMD and son were arrested in 2017 based on an Odisha case.