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Chit Fund Scam: Artha Tatwa Chief Pradeep Sethy gets 5 year jail

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KalingaTV News Network

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Sambalpur:  The Chief Judicial Magistrate Court of the district on Wednesday awarded five-year imprisonment to Artha Tatwa (AT) Group chief Pradeep Sethy  in connection to a chit fund scam.

Government advocate Gyanaranjan Das informed that the court sentenced jail term on Sethy after he pleaded guilty to the crime of committing fraud and deceiving an amount of Rs 5 lakh of one Raghumani Das of Burla in the district.

Earlier this year, a special CBI court in Bhubaneswar sentenced Sethy to 7-year imprisonment in connection to multi-crore chit fund scam.