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<h1>Fraudulent Investment Scheme Mastermind and Daughter Arrested for Swindling 34,000 Investors of 123 Crore</h1> A woman and her daughter were arrested in Kolkata for allegedly defrauding approximately 34,000 investors across five states and Bangladesh through illegal chit fund schemes. The Economic Offences Wing of Odisha Police accused them of running a company that collected over 123 crore rupees by promising high returns and commissions. Their husband/father was previously arrested, and investigations revealed fund transfers to their personal accounts, leading to their apprehension.