Indian cricketers Gill, among others, linked to ₹450 crore chit-fund scam

High-profile Indian cricketers Shubman Gill, Rahul Tewatia, Mohit Sharma, and B Sai Sudharsan are set to be questioned by the Gujarat CID Crime in connection with a ₹450 crore chit-fund scam. This investigation follows the interrogation of Bhupendrasinh Zala, a key figure in Ponzi schemes, who revealed that the cricketers had not received the returns on their investments.

According to CID officials, Gill, the captain of the IPL team Gujarat Titans, invested ₹1.95 crore, while the other players had contributed smaller amounts. Authorities plan to summon the players for questioning based on their availability.

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In connection with the case, Rushik Mehta, who managed Zala’s accounts, has been arrested. CID officials are examining bank transactions and an unofficial account book seized from Zala. Raids are ongoing at various locations to gather more evidence.

The investigation initially revealed that Zala had defrauded investors of ₹6000 crore, though further scrutiny has revised the amount to ₹450 crore. The unofficial book indicates transactions totaling around ₹52 crore, and the total figure may rise as further raids and investigations continue.

This scam has rocked the cricketing community, with authorities now focusing on whether the cricketers were knowingly involved in the fraudulent activities.