Tag: Prabhas Rout

CBI likely to probe Oscar chit fund scam
CBI likely to probe Oscar chit fund case

Bhubaneswar: Links of various Ollywood actors and politicians with Oscar chit fund is expected to be exposed as the Central Bureau of Investigation (CBI) is likely to take over the probe of the case from the Economic Offences Wing (EOW) of Odisha Crime Branch. It is learnt from reliable sources that all the necessary arrangements […]

  • Wednesday, 21 July 2021
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CB names Oscar chief Prabhas Rout, 7 others in preliminary charge sheet

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 […]

  • Tuesday, 20 July 2021
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Oscar office in Surat sold off with forged documents

Bhubaneswar/Surat: The State Crime Branch probing the Oscar chit fund scam has reportedly received a clue that the scam tainted firm had fraudulently sold one of its office buildings in Surat, where a diamond factory is currently running. The owner of the factory, however, feigned ignorance about the past ownership record of the building. “I […]

  • Tuesday, 20 July 2021
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Mixed reaction to OTV exclusive on Ollywood-Oscar link

Bhubaneswar: There has been a mixed reaction to the airing of the exclusive footage on OTV today showing some top Ollywood stars openly promoting tainted chit fund company Oscar at an event in Surat in 2009. While some condemned the actors for promoting the tainted company, others defended them saying they were unaware of the […]

  • Tuesday, 20 July 2021
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Oscar chit fund chairman, director sent to jail

Cuttack: Chairman of Oscar Group of Companies Pravas Rout and director Prabhat Patnaik were sent to Choudwar Circle Jail today by the order of the Special Chit Fund Court. “The Economic Offences Wing (EOW) of the State Crime Branch produced Rout after the end of his second-phase remand. Patnaik, who was arrested from Langaleswar near […]

  • Tuesday, 20 July 2021
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Oscar link: Opp demands action against BJD's actor-politicians

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 […]

  • Tuesday, 20 July 2021
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Oscar scam: Maharashtra investors file complaint at EOW

Bhubaneswar: Trouble mounted for Oscar chit fund company chief Prabhas Rout, who is already in police custody, after as many as 15 depositors from Maharashtra filed complaints against the director of the tainted Ponzi firm with the Economic Offences Wing (EOW) of Crime Branch here today. According to sources, the chit fund company had collected […]

  • Tuesday, 20 July 2021
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Oscar scam: Crime Branch team leaves for Gujarat

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 […]

  • Tuesday, 20 July 2021
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Court allows Crime Branch to take Oscar chief on fresh 5-day remand

The Special Designated Court today allowed the Crime Branch of Odisha Police to take Oscar chief Prabhas Rout on another five-day remand

  • Tuesday, 20 July 2021
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Ollywood- Oscar link: Papu had taken Rs 2.5L loan from Prabhas Rout

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 […]

  • Tuesday, 20 July 2021
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EOW begins interrogation of Oscar chairman

State Crime Branch sleuth began interrogating Prabhas Rout, the chairman of Oscar chit fund company who was arrested from a temple guest house in Hauz Khas in Delhi yesterday on charges of duping gullible chit fund investors, at the office of the Economic Offences Wing (EOW) here after bringing him back from Cuttack today

  • Tuesday, 20 July 2021
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