Tag: Chit Fund Scam

CORRIGENDUM : – This news which was first published in our portal on August, 23, 2016, had wrongly mentioned Rabindra Jena as Balasore MP in place of a person having the same name from Brahmapur. But after crosschecking the news, we have corrected the news. We sincerely apologize for the mistake. Bhubaneswar: Taking note of […]

Former Cuttack District Working President Prafulla Singh was quizzed by the Central Bureau of Investigation (CBI) sleuths for five hours at the agency’s office here

Satyapriya Jayasingh, brother-in-law of Food Supply and Consumer Affairs Minister Sanjay Das Burma, was today quizzed by the Central Bureau of Investigation (CBI) for four hours at the agency’s office here

Bhubaneswar: Food Supply and Consumer Welfare minister Sanjay Das Burma’s brother-in-law Satyapriya Jayasingh appeared before the Central Bureau of Investigation (CBI) here today in connection with the Artha Tatwa (AT) group chit fund scam. Notably, the central investigating agency had served a notice to Jayasingh to appear before it on August 8 to record his […]

Bhubaneswar: The special CBI court here today allowed the central investigating agency probing the multi thousand crore chit fund scam to take three directors of Silicon Project India Ltd on a two-day remand for interrogation. The CBI had arrested the three directors from Kolkata and brought them to Bhubaneswar yesterday. Preliminary investigation has revealed that […]

Bhubaneswar: In fresh development in the ongoing probe into the multi-crore chit fund scam in Odisha, the Central Bureau of Investigation (CBI) has arrested three officials of Silicon Project India Ltd from Kolkata. After arresting them, the CBI sleuths brought the trio to Bhubaneswar on transit remand and will produce them before the CBI Court […]

Satyapriya Jayasingh, brother-in-law of senior BJD leader and Food Supply and Consumer Welfare minister Sanjay Das Burma failed to appear before the CBI today in connection with the Artha Tatwa (AT) group chit fund scam

The Economic Offences Wing (EOW) of the Odisha Crime Branch today called the depositors and agents of Oscar chit fund firm belonging to Bharuch district in Gujarat to seek details about the modus operandi of the company

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 […]

After the money transactions between Seashore Agricultural Promotion Company and Bhagaban Majhi, father of former MP and Congress leader Pradeep Majhi, as well as Prasanna Majhi, Pradeep’s younger brother, came to the fore, the Central Bureau of Investigation (CBI) probing the multi-crore chit fund scam in Odisha is likely to dig into the matter, sources said today

A day after money transfer from the bank account of Seashore to the account of Bhagaban Majhi, father of former MP and Congress leader Pradeep Majhi, came to the fore, a letter issued by Seashore Agricultural Promotion Company appointing Prasanna Majhi, younger brother of Pradeep, as its commission agent has created more ripples in political circles in the State

The Central Bureau of Investigation (CBI) today submitted the charge sheet against the chief of Sastra Enterprises Pvt Ltd V. Sampath and the company on charges of fraud in a local court here

Bhubaneswar: Officials of Central Bureau of Investigation (CBI) on Saturday interrogated Seashore Group CMD Prashant Kumar Dash and his brother Prabhat Dash in Jharpada jail, in connection with the Group’s multi crore chit fund scam. Jail authorities said the investigating agency will also interrogate Subhankar Nayak, an alleged conduit between the Ponzi firm and political […]

Bhubaneswar: A day after Ollywood actor Tattwa Prakash Satpathy aka Papu Pom Pom was arrested on casting couch charge, members of civil society raised questions on the progress of the Rs 240 crore Oscar chit fund scam investigation in which a number of Ollywood actors, including Papu, are allegedly involved. “Why was the actor (Papu) […]

Cuttack: The Special Empowerment Officer and Additional District Magistrate (ADM), Cuttack today appealed to the Special Chit Fund Court seeking confiscation of properties of Vista Management Services Pvt Ltd, a chit fund company. Talking to media persons here, government prosecutor Nilambara Jena said the company has over 20 bank accounts with total cash deposit of […]