Stock Guru Scam - CBI arrests Income Tax Deputy Commissioner
THE CBI has arrested a 2006 batch IRS officer - a Deputy Commissioner of Income Tax in the notorious Stock Guru Scam in which about Rs. 500 Crores were duped from gullible investors. The scamsters allegedly bribed the Income Tax officers to settle their case. It seems the bribes collected by Income Tax officers run into crores. And this young 2006 batch officer is said to have pocketed 15 Crores! What does a babu do with that kind of money?