Bandhan chit fund firm chief nabbed from Cuttack
Cuttack: Police on Sunday arrested chief of chit fund firm Bandhan Financial Services Pvt Ltd Debi Prasad Maharana, who had been on the run.
A resident of Chhatia, he was nabbed from…
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chit fund scam
Seashore fraud: HC grants conditional bail to Subhankar Nayak
Cuttack: The Orissa High Court on Tuesday granted conditional bail to real estate broker Subhankar Nayak, an accused in the Seashore chit fund fraud.
He has been asked to furnish two…
Ponzi scam: CJM court sentences AT chief to 7-year jail term
Bhubaneswar: The Chief Judicial Magistrate (CJM) court here on Monday sentenced Artha Tatwa (AT) Group chairman and managing director Pradeep Sethy to seven years of imprisonment for his…
Chit fund scam: Justice MM Das Commission submits 3rd interim report
Bhubaneswar/Cuttack: The Justice MM Das Commission of Inquiry, which is investigating the multi-crore chit fund scam in Odisha, submitted its third interim report to the home department on…
Duped investors from Gujarat gherao EOW office
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…
MFL chief Durga Mishra convicted in chit fund scam
Bhubaneswar: The Special CBI Court on Friday convicted Micro Finance Limited (MFL) chief Durga Prasad Mishra in the mega chit fund scam.
Mishra had earlier pleaded guilty to the charges…
Chit fund scam: CBI court sentences MFL director to 3.5 yrs imprisonment
Bhubaneswar: The Special CBI Court on Friday sentenced chit fund firm Micro Finance Limited (MFL) director Ashok Kumar Patnaik to three and a half years of rigorous imprisonment.
The court…
AT Chief Pradeep Sethy gets 7-yr imprisonment
Bhubaneswar: The Special CBI Chief Judicial Magistrate (CJM) Court on
Thursday awarded seven years’ imprisonment and fine of Rs 30,000 to
Artha Tatwa (AT) Chief Pradeep Sethy in connection…