The federal probe agency CBI on Friday raided the residence of renowned magician, PC Sorcar Junior, in connection with a chit fund scam.
News agency PTI reported that the search operation was conducted after the economic offences wing of the CBI unearthed some financial links allegedly between Sorcar and the now-defunct ponzi company Tower Group.
Sorcar Junior is alleged to have received funds in his bank account from the chit fund company. The noted magician was the brand ambassador of Tower Group in the past.
The raid at Sorcar’s Mukundapur residence in Kolkata lasted for nearly two hours. The magician has not commented on today’s raids.