Odisha chit fund scam

Cuttack: The Justice M M Das Commission of Enquiry, which was probing into the chit fund scam in Odisha for nearly six years, has now suspended its functioning after closing its office here on Saturday, an official said. "The office of…

Bhubaneswar: The Economic Offences Wing (EOW) of the Odisha Crime Branch has arrested as many as three persons for allegedly duping investors of crores of rupees on the pretext of providing them hefty returns over investment in a firm.…

Cuttack: Good news for large depositors duped by several ponzi firms in Odisha, as Justice MM Das Commission probing the chit fund scam has begun the process to identify the victims in Odisha. The identification process will be carried…

Cuttack: The Central Bureau of Investigation (CBI) today arrested former Odisha Cricket Association (OCA) secretary, Ashirbad Behera over his alleged complicity in the Artha Tatwa chit fund scam. A team of 15-20 CBI officials had…

Bhubaneswar: Odisha Government has extended the tenure of Justice MM Das Commission of Inquiry, which is probing the multi-crore chit fund scam in the state, by six months. The tenure was earlier scheduled to end on August 4, a…

Bhubaneswar: The Economic Offences Wing (EOW) of the Odisha Crime Branch has arrested two top executives of a dubious firm for allegedly duping investors of Rs 3 crore over promise of high returns. The accused have been identified as…

Bhubaneswar: Finance Minister Niranjan Pujari today made it clear in the state assembly that there was no provision of payment of compensation to the persons, who had invested more than Rs 10,000 in the chit fund companies. The minister’s…

Cuttack: Justice MM Das Commission of Inquiry probing the multi-crore chit fund scam in Odisha today submitted its seventh interim report to the Odisha government. In its report, the Commission has furnished details of over one lakh…

Bhubaneswar: The CBI has filed a charge sheet against private firm Abc Indya Networks Pvt Ltd and two of its former directors in a Rs 47.88 crore chit fund case in Odisha, the agency said on Wednesday. Inder Preet Singh, the then…

Bhubaneswar: Justice MM Das Commission probing the multi-crore chit fund scam in Odisha served public notice to as many as 576 firms for failing to appear before the panel. In the notice through newspapers, the ponzi firms have been…