chit fund scam

Cuttack: Good news for the people who had lost their money by investing in different chit-fund companies. They will now get their money back. More than 4 lakh people who had deposited their hard-earned money in two different chit-fund…
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Balasore: The OPID Court in Balasore today sentenced two persons, who are involved in the Saradha chit fund scam case, to five years’ rigorous imprisonment and imposed a total fine of Rs 4.8 lakh (Rs 2.4 lakh each). The accused has been…
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If you own a smartphone, you must be well aware of scam calls and messages that fraudsters often make to cheat people of their money. They bring weird schemes which sound too good to be true, yet some people fall into their trap. A Twitter…
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Cuttack: Orissa High Court today rejected the bail petition of Debjani Mukherjee, the wife of chairman of Saradha Group of Companies Sudipta Sen and one of the accused in Saradha chit fund scam. Debjani, the wife of chairman of Saradha…
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Bhubaneswar: The Odisha CID (crime wing) arrested former MLA from Andhra Pradesh Malla Vijay Prasad over his alleged involvement in 2019 chit fund scam on Monday evening in Visakhapatnam. According to the reports, Vijaya Prasad is the…
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Kolkata: A team of Central Bureau of Investigation (CBI) officials on Friday carried out a raid at the house of noted magician P.C. Sorcar Junior in connection with the probe into Tower Group's chit fund scam. According to sources,…
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Bhubaneswar: The CBI has taken Shuvra Kundu into 5-day remand in connection with the Rose Valley Chit Fund case. The CBI had brought Shuvra Kundu to Bhubaneswar yesterday in connection with the Rose Valley Chit Fund case. They had…
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Cuttack: The Central Bureau of Investigation (CBI) on Thursday arrested former Secretary of Orissa Cricket Association (OCA), Ashirbad Behera from his residence here in connection with multicrore chit fund scam. Behera was arrested by…
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Cuttack: Justice MM Das Commission of Inquiry probing the multi-crore chit fund scam in Odisha today submitted its seventh interim report to the state government. In the report, the Commission has furnished details of over one lakh small…
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Bhubaneswar: The Justice MM Das Commission of Inquiry has served public notice via newspaper to as many as 576 companies in connection with the chit fund scam. The commission has served notice to the companies for failing to appear…
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