New Delhi: CBI Sunday arrested two stock brokers for allegedly being involved in misappropriation of funds of scam-hit Artha Tatwa (AT) group, a case which is a fallout of Saradha chit fund scam.
Deepak Pareekh was questioned last evening and was arrested in Odhisa by the sleuths of Special Investigation Team (SIT) formed by the CBI to probe the entire Saradha scam on directions of the Supreme Court, agency sources said.
Pareekh has also allegedly obtained licence from SEBI and MCX for the AT Group. His house was searched by the CBI in August this year. At the instruction of Pareekh, AT group established Artha Tatwa Capital Limited (ATCL) which was enlisted at the Mumbai Stock Exchange.
The ATCL was classified as Indian Non-Government Company and is registered at Registrar of Companies, Cuttack. Its authorised share capital was Rs. 20,000,000 and its paid up capital is Rs 20,000,000.