Chit fund scam: Saradha shadow over football field

PUBLISHED ON: April 29, 2013 | Duration: 2 min, 42 sec

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The Saradha Group collapse, which destroyed the savings of lakhs of poor investors in West Bengal, has also hit the state's biggest passion - football. Football is expensive and Bengal's many clubs, the legendary Mohun Bagan and East Bengal included, have been funded over the last few years by a host of multi-level-marketing companies, also known as chit funds.
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