Odisha

Duped investors from Gujarat gherao EOW office

By
OB Bureau

Bhubaneswar: Hundreds of investors duped by Oscar Group of Companies, a chit fund firm, gheraoed the Economic Offences Wing (EOW) office of Crime Branch here on Saturday demanding early refund of their money.
The investors belonging to Surat, Vadodara, Kami, Ankaleswar, Bharuch and other parts of Gujarat alleged that the chit fund company had collected money from them with assurance of doubling the principal amount. They demanded stringent action against those involved in the scam, including some Ollywood stars, and early refund of their hard-earned money.
Group Chairman Prabhas Chandra Rout was arrested by Crime Branch sleuths on June 10, 2016, from a temple at Hauz Khas in New Delhi where he was hiding under a false name. The ponzi firm had allegedly duped investors to the tune of Rs 230 crore.

OB Bureau

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