Paradip: Abhayachandapur police in Jagatsinghpur district today arrested an agent of money deposit and collection firm Artha Tatwa (AT) for allegedly cheating Rs 35 lakh.
The accused has been identified as Pabitra Das. Police said that Das had collected the money from 11 gullible investors in 2014 promising them high returns.
“Das did not return them money for which the victims lodged a formal police complaint. We are further interrogating him to find out the mode of investment of the money collected by Das,” said a police official.
The AT Group has allegedly duped thousands of depositors by fraudulently collecting nearly Rs 750 crore from investors’ market in Odisha. Several office bearers of the fraud company have been arrested by the state police and CBI as well.