"margadarshi-chit-funds"

A case was registered against Margadarsi under Sections 120(B), 409, 420, 477(A) read with 34 of IPC, section 5 of Andhra Pradesh Protection of Depositors and section 76, 79 of Chit Funds Act 1982.

Andhra Pradesh Criminal Investigation Department has issued notices to subscribers of high-value chits in the Margadarshi Chit Funds