CBI arrests Pearl Group director Harchand Gill in multi-crore scam

New Delhi: Harchand Singh Gill, director of The Pearl Group, has been arrested by the CBI. Gill has been extradited to India from Fiji in the wake of the multi-crore ponzi scam probe. Gill was brought to the country from Fiji late on Monday night as part of ‘Operation Trishul’ launched by the CBI to bring back fugitives living abroad.

The agency had on February 19, 2014 launched a probe against pearls group and its founder Nirmal Singh Bhangu for allegedly duping investors of crores of rupees by offering them land in lieu of investments. The agency has alleged that the company has cheated investors across the country to the tune of over Rs 60,000 crore.