Chit-fund scam: EOW arrests Flourish India director

Bhubaneswar: The Economic Offences Wing (EOW) of Crime Branch arrested the fourth director of chit-fund firm Flourish India on charges of duping depositors of more than Rs 60 crore on Wednesday.

The ponzi firm official was held from Chandrasekharpur area of the capital city.

Earlier, the state probe agency had written to the state government to attach 251 acres of land of the company. Twelve officials of the firm including three directors were also arrested.