Chit fund director arrested for duping investors

OST Crime Bureau

Bhubaneswar, Nov 7:

The Commissionerate Police on Thursday arrested Innovative Fund Management director Rajesh Sahu (40) for duping investors in the city.

Sahu, who was running his office at Mancheswar here, had duped around Rs 1 crore from many investors, police sources said. He was booked under section 420 of IPC.

Lingaraj police handed him over to Mancheswar police after arresting him from the city.