Chit fund

Bhubaneswar: The Economic Offences Wing (EOW) of Odisha Crime Branch has arrested one Pratap Kumar Biswal from New Garia in Kolkata yesterday on charges of duping depositors of around Rs 15 crore through his chit fund firm on the pretext of…

Keonjhar: BJP President Amit Shah on Friday said the people involved in the chit fund and mining scams will be sent to jail once the party forms a government in Odisha. "Even though the babus of (Odisha Chief Minister) Naveen Patnaik…

Cuttack: The Orissa High Court today granted conditional bail to Ponzi firm-Seashore Group chief Prasant Dash in three cases. Dash was granted conditional bail by the High Court in cases against him at Jajpur, Nabarangpur and Titilagarh…

Bhubaneswar: The Special CBI Court here today allowed arrested BJD MP from Mayurbhanj Rama Chandra Hansdah to attend Parliament session for five days from December 18 to 22. The MP, who is currently lodged in the Jharpada Special Jail…

Cuttack: Hearing on bail plea of BJD lawmaker from Choudwar-Cuttack constituency Pravat Kumar Biswal arrested for his alleged complicity in the Seashore Group chit fund scam was deferred for tomorrow by the Orissa High Court today. The…

Cuttack: In ongoing probe into multi-crore chit fund scam in Odisha, Justice Madan Mohan (MM) Das Commission formed by the state government identified over 10,500 small investors of 20 ponzi firms in the fourth phase of investigation.…

New Delhi/Bhubaneswar: In a huge relief for Banki MLA Pravat Tripathy in chit fund scam, the Supreme Court today upheld the bail order of Orissa High court. The apex court rejected the petition filed by Central Bureau of Investigation…

Boudh: A youth leader of Bharatiya Janata Party was today arrested from Odisha’s Boudh district for allegedly collecting money from investors promising high returns. Bharatiya Janata Yuva Morcha (BJYM) Boudh President Narayan Karmi has…