Tag: Oscar Chit Fund

Bhubaneswar: Agents and investors from Gujarat, duped by the chit fund company Oscar, on Friday, staged a demonstration in front of Economic Offences Wing (EOW) of the Crime Branch here in Bhubaneswar demanding return of money. The agents in their protest urged for strict action against the ponzi directors and have demanded return of their […]

Bhubaneswar: In the back drop of Sushant Nayak’s murder at Bankual village and forged withdrawal of nomination in Penthapala panchayat of Pattamundai in Kendrapara district, the State BJP today accused the ruling BJD of backing all such incidents triggering law and order situation in State. “Now, violence has become the main weapon of BJD to […]

Bhubaneswar: The Economic Offences Wing (EOW) Odisha Crime Branch today filed the preliminary charge sheet against the Oscar chit fund company in the special designated court here. The investigating agency named the company chief Prabhas Rout, director Muna Patra and six others in the 200 pages charge sheet. The supplementary charge sheet will mention about […]

New Delhi: Investors from Surat in Gujarat, who have been a victim of fraud by Odisha-based chit fund companies like Oscar, Green India and Micro Finance, staged a demonstration in front of Odisha Bhavan in New Delhi, demanding return of their invested money. The agitating investors are demanding the central government to intervene in the […]

Bhubaneswar: With the Crime Branch (CB) of Odisha police yet to file the charge sheet against Oscar Group chief Prabhas Rout for his involvement in the Rs 230 crore chit fund scam, nearly 20 investors of the company from Gujarat staged a demonstration in front of the State Assembly here on Friday and demanded the […]

Bhubaneswar: Even as the debate over chit-fund- Ollywood link is mounting by the day, actor-politician Anubhav Mohanty today said the media is unnecessarily dragging the issue. “The allegation of Ollywood nexus with chit fund companies has no base. You are unnecessarily making it an issue which has no veracity. I request all media persons not […]

Bhubaneswar: Popular Odia film actress Archita Sahu has denied having any chit fund links or having persuaded people to invest in any chit fund companies.

Bhubaneswar: With skeletons continuing to tumble out of the Oscar cupboard, the links of BJD’s actor-turned-politicians in the Rs 240 crore scam has put the party in a spot. While the regional party has shied away from a forceful rebuttal on the issue, Opposition parties have demanded suspension of the actors from the primary membership […]

Bhubaneswar: Even as the Crime Branch (CB) of Odisha police interrogated Oscar Group CMD Prabhas Rout and the company’s Gujarat head Taraprasad Hota in connection with their involvement in the Rs 240 crore chit fund scam , a special team of the agency left for the state on the western coast on Thursday to dig […]

Bhubaneswar: More and more properties of scam-tainted Oscar chit fund company are being traced out by the Crime Branch. After locating five properties in Gujarat, the Crime Branch sleuths have traced two properties of the company in Maharashtra. Moreover, in the course of investigation, a bank deposit worth Rs 1 crore has been traced. While […]

Bhubaneswar: In a major development in the ongoing probe into the chit fund scam involving Oscar Group, which has produced a handful of Odia movies in the past, it has come to fore that actor Tatwa Prakash Satpathy alias Papu Pompom had taken Rs 2.5 lakh loan from one Prabhas Rout. This information the actor […]

Bhubaneswar: The Economic Offences Wing (EOW) of Odisha Crime Branch on Monday stated that a list of Odia film actors has already been prepared for interrogation in connection with Oscar chit fund scam.

Bhubaneswar: While the Economic Offences Wing (EOW) of the State Crime Branch has begun interrogation of Prabhas Rout, chief of Oscar chit fund company, veteran Ollywood actor Uttam Mohanty and comedian Papu Pom Pom today said they are ready to face interrogation by the agency. “I am ready to face interrogation and will immediately respond […]

Bhubaneswar: The Odisha unit of BJP on Saturday demanded the arrest of actors turned BJD leaders Siddhant Mahapatra (Lok Sabha MP from Berhampur), Anubhav Mohanty (Rajya Sabha MP), MLA Akash Das Nayak and defeated MLA candidate Papu Pom Pom for their links with Oscar chit fund company, whose chairman Prabhas Rout was arrested by Crime Branch police from Delhi yesterday on the charge of duping people of Rs 230 crore.