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Pearls Group chief Nirmal Singh Bhangoo dies in Delhi hospital

New Delhi: Pearls Group chairman Nirmal Singh Bhangoo died on Sunday evening, the police said. He was admitted to Deen Dayal Upadhyay Hospital after his health deteriorated in Tihar Jail. Bhangoo was the owner of Pearls Group and main accused...

Tribune News Service

Updated At : 11:26 AM Aug 26, 2024 IST

Nirmal S Bhangoo

New Delhi: Pearls Group chairman Nirmal Singh Bhangoo died on Sunday evening, the police said. He was admitted to Deen Dayal Upadhyay Hospital after his health deteriorated in Tihar Jail. Bhangoo was the owner of Pearls Group and main accused in the Rs 45,000-crore chit fund scam. The group had allegedly cheated over five crore people across states, including Punjab, on the pretext of high returns on their investments.

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