Tag: Chit Fund

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Chitgate: BJD turns heat on father of Pradeep Majhi

Bhubaneswar: Almost three months after it came to fore that a huge amount of money was sent to the bank account of ex- MP Pradeep Majhi’s father Bhagwan Majhi, also a former parliamentarian, the ruling Biju Janata Dal (BJD) on Tuesday lodged a formal complaint before the Central Bureau of Investigation (CBI) alleging the involvement […]

  • Tuesday, 20 July 2021
Rajat Choudhury
AT scam: Ex-youth Congress leader Rajat Choudhury charge-sheeted

Bhubaneswar: The CBI today filed the charge-sheet against former Youth Congress president of Odisha unit in special CJM court today in the multi-crore Artha Tatwa chit fund scam. The central investigating agency also named the former director of the AT group Md Haniff in the charge-sheet. This is the fourth charge-sheet filed by the probe […]

  • Tuesday, 20 July 2021
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Chit fund scam: Raj Godson CMD arrested in Balasore

Balasore: In yet another case in the chit fund scam in the State, Balasore police on Wednesday arrested the CMD of the Raj Godson chit fund firm Jagdish Mishra for allegedly duping people of around Rs 15 crore. The police arrested Mishra after the affected investors detained him and later handed him over to the […]

  • Tuesday, 20 July 2021
Oscar chit fund
Odias in Surat demand CBI probe into Oscar chit fund scam

Surat: Demanding CBI probe into the Oscar chit fund scam, the duped Odia investors today staged demonstration at Pandesara police station in Surat. Talking to OTV, president of Prabasi Odia Chit Fund Jamakari Mahasangh, Srikant Padhi, said the Mahasangh has submitted its application to Gujarat chief minister Vijay Rupani through the Pandesara police, Surat Collector […]

  • Tuesday, 20 July 2021
CBI-BBSR
New Jt Dir, CBI SIT discusses chit fund probe status with IOs

Bhubaneswar: The newly appointed Joint Director of CBI SIT of Odisha zone, Nabin Singh today held a review meeting on the status of the chit fund scam probe in the state. Sources said soon after his arrival at the CBI office here, Singh had a review meeting with the 16 investigating officers (IOs) probing the […]

  • Tuesday, 20 July 2021
Cash
Chit Fund Commission prepares list of small investors

The Justice MM Das Commission of Inquiry, which is probing the multi-crore chit fund scam in Odisha, has prepared a list of small investors who had invested their money in several chit fund companies

  • Tuesday, 20 July 2021
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Chitgate: Minister's aide among two BJD men grilled by CBI

Bhubaneswar: The Central Bureau of Investigation (CBI) officials on Friday interrogated two BJD functionaries, including a ‘close associate’ of senior BJD leader and School and Mass Education minister Debi Prasad Mishra, for their alleged involvement in the multi thousand crore chit fund scam. Sources said Dillip Mishra, the man who looks after the minister’s political […]

  • Tuesday, 20 July 2021
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Chit fund scam: EOW arrests Ashirbad Co-op director

Rourkela: The Economic Offences Wing (EOW) of the Odisha Crime Branch today arrested Sukanta Mohapatra, a director of Asirbad Multipurpose Cooperative Society, here last night. He has been forwarded to Cuttack to be presented at the OPID Court there, EOW sources. Mohapatra had been absconding since a case was registered against M/S Ashirbad Multipurpose and […]

  • Tuesday, 20 July 2021
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AT group chief attempts suicide in Jharpada jail

Bhubaneswar: Artha Tatwa (AT) group chief Pradip Sethi, who is presently lodged in Jharpada circle jail, reportedly attempted suicide by slashing his wrist late on Saturday night. Reacting to the development, Jharpada jail superintendent said, “Nothing major has happened to Pradip. He is safe. His suicide bid was just to threaten the jail authorities.” “He […]

  • Tuesday, 20 July 2021
CBI
CBI files charge sheet against two chit fund firms

Bhubaneswar: The CBI today filed charge sheets against two chit fund companies in the Special CJM court here. The central investigating agency filed the charge sheet against Ramendu Chattopadhyay, managing director of Tower Infotech Ltd and Ashis Chatterjee, director of Tower Group companies and Tower Infotech Ltd under section 120 B, 420 and 409 of […]

  • Tuesday, 20 July 2021
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AT scam: CBI seizes Debasis Panda's SUV

Bhubaneswar: Intensifying its probe into the mega chit fund scam by the Artha Tatwa (AT) Group of companies, the CBI today seized a Toyota Innova SUV which the Orissa High Court lawyer Debasis Panda had received from AT Group chief Pradip Sethy. Sources said the CBI officials seized the SUV (OR-02-BT-0555) which was kept hidden […]

  • Tuesday, 20 July 2021
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Cong suspends Rajat Choudhury after arrest by CBI

Bhubaneswar: The Indian Youth Congress on Monday suspended its Odisha unit head Rajat Choudhury after he was arrested by the Central Bureau of Investigation (CBI) for his alleged involvement in the Artha Tatwa (AT) chit fund scam. Odisha Pradesh Congress Committee (OPCC) chief Prasad Harichandan informed this to media in New Delhi this evening. The […]

  • Tuesday, 20 July 2021
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CBI to grill Seashore chief, brother again today

Bhubaneswar: As part of its probe into the multi-crore chit fund scam in the state, the Central Bureau of Investigation (CBI) will interrogate Seashore Group CMD Prashant Kumar Dash and his brother Prabhat Dash in Jharpada jail here for the second consecutive day on Sunday. The Central investigation agency had grilled the duo at the […]

  • 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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OTV exclusive: Ollywood stars promoted Oscar in Surat!

Bhubaneswar: While the State Crime Branch police has begun an investigation into the dubious activities of the Oscar Group of Companies, leading Odia channel OTV has come up with exclusive video coverage of a grand function organised by the company in Surat in October, 2009 in which well-known Ollywood actors and actresses are seen batting […]

  • Tuesday, 20 July 2021
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