Bhubaneswar: A workshop to sensitise stakeholders on unauthorised collection of public deposits by any Non-Banking Financial Company (NBFC), chit fund firm or Micro Finance Company in State and how to check such financial frauds was organised by Odisha Police in Bhubaneswar Wednesday.
During the workshop, DGP RP Sharma informed that while cases have been registered against more than 600 chit fund organisations, 880 persons have been arrested so far. The attachment of properties of 25 chit fund firms have been initiated.
"The training is being carried out how to handle the unauthorised collection of public deposits cases. Police have till date arrested 880 persons involved in such crimes. Police also needs support of various expert organisations for handling such cases therefore the authorities of the organisations are also attending the training," said Sharma.
Along with various police officials, the workshop was also attended by Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI) officials and Registrar of Companies (ROC).
"As it was decided in the State-level coordination committee that we will have an awareness programme for the police officials who are dealing at the grassroots or district-level about financial frauds. So on that it was an awarness programme on which we talked about how to deal with various cases and all," said Deputy General Manager of RBI Bhubaneswar, Pintun Sutar.