Chit fund scam: Public notice to 184 ponzi firms
Bhubaneswar: Justice M M Das Commission, probing into the multi-crore chit fund scam in Odisha, today issued public notices in local newspapers asking officials of 184 companies to appear before it either in person or through their lawyers.
The newspaper advertisement came after notices sent to these firms through registered post returned to the Commission’s office undelivered.
The notice asks the company officials to check the Commission’s website and verify particulars of the investors and the amount claimed to have been invested by each of them. It furthers asks for a showcause why these claims should not be accepted and why claimants not be considered as genuine investors.
It may be noted that the Commission has submitted five interim reports to the State government in which it has identified more than 2 lakh small depositors. The report provides details of the investors cheated by about 290 chit fund companies.