Odisha CB seeks attachment of Ponzi firm’s bank deposits

Swetaparna Published On : Mar 22, 2017 at 9:50 PM

Odisha Sun Times Bureau
Bhubaneswar, Mar 22:

The Economic Offences Wing (EOW) of the Odisha Crime Branch (CB) today wrote to the state government’s Finance Department to attach Rs 7 crore kept in bank deposits of Ponzi firm Lakshya Level Marketing Pvt Ltd.

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According to sources, the EOW wrote to the Finance department to attach the firm’s Rs 7 crore lying as deposits in ten bank accounts. The accounts are spread over in four banks, the sources added.

Notably, the Crime Branch had frozen the bank accounts of the Ponzi firm way back in 2009. The Ponzi had operations in Balasore and Bhadrakh districts of Odisha.

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