chit fund scam

Bhubaneswar: The Special CJM (CBI Cases), Bhubaneswar, has sentenced Firoz Khan, the then director of M/s Safex Group of Companies, to three years of rigorous imprisonment in a case related…

Boudh: A youth leader of the Bharatiya Janata Party (BJP) was arrested on Sunday on charges of collecting money from investors by promising them high returns. He was identified as…

Cuttack: The Orissa High Court on Tuesday granted conditional bail to former BJP MLA Hitesh Bagarti, who was arrested by CBI in connection with the chit fund scam involving Nabadiganta…

Bhubaneswar: Union Human Resource Development (HRD) Minister Prakash Javadekar on Monday accused the state government of encouraging Ponzi firms in the state. Addressing mediapersons at…

Bhubaneswar: The CBI on Wednesday confirmed having arrested retired Odisha Administrative Services (OAS) officer and former Cuttack collector Pradeep Kumar Hota in connection with the…

Bhubaneswar: Hundreds of civil society members gheraoed the CBI office here on Tuesday demanding proper investigation into the mega chit fund scam in Odisha. “Political parties have been…

Bhubaneswar: BJD’s Choudwar-Cuttack MLA Pravat Biswal, who is currently in judicial custody, was shifted to SCB Medical College and Hospital in Cuttack on Monday. He had been undergoing…

Bhubaneswar: The Special CJM CBI Court here on Saturday rejected BJD MLA Pravat Biswal’s bail plea in connection with a land fraud involving Ponzi firm Seashore Group of companies.…

Bhubaneswar: BJD MLA Pravat Biswal, who was arrested by CBI in connection with a land fraud involving Seashore Group of Companies, was admitted to Capital Hospital here late on Friday…

Bhubaneswar: BJD MLA Pravat Biswal was sent to Jharpada jail after the CBI produced him in the court here on Friday a day before the end of the four-day remand period. The court also…