This document summarizes the Saradha Group financial scandal, a Ponzi scheme that collapsed in 2013, causing massive losses for investors. The Saradha Group raised capital through fraudulent collective investment schemes, falsely promising high returns. It used the funds to purchase numerous media organizations. When cash inflows fell below payouts in early 2013, the Ponzi scheme collapsed, eliminating billions of rupees in investor wealth. The scandal implicated politicians from the Trinamool Congress party.