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The CBI today conducted search operations at 19 locations of MPS Greenery in West Bengal, a company floated to collect deposits through investment schemes.
Search operations were being carried out in residential as well as the official premises of directors of the company, a spokesperson of CBI said.
CBI had earlier registered a case against the company on allegations of criminal conspiracy, cheating and criminal breach of trust.
Earlier, founder of MPS Greenery P N Manna was arrested by the police while SEBI had asked the company to stop taking deposits from the public.
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