Tag: Duped Investors

Duped investors’ joint forum said the Gana Satyagraha (mass agitation) will continue throughout the State till the last duped investor is refunded.

Cuttack: As if their existing woes were not enough, duped investors of a chit fund company were hoodwinked once again by the same company, albeit in a different manner. According to sources, a chit fund company named AM Fund Managers had informed the Justice MM Das Commission of Inquiry probing the chit fund scam that […]

Puri: Religion and people’s unflinching faith associated with it has become a good asset for self-styled ‘service to god’ trusts and organisations to dupe people of money. Allegations of duping people by promising higher returns for housing facilities has to come to fore against a Puri based religious organisation named Sai Baba Sanstha. According to […]

Balasore: While the process of identifying duped small depositors of various chit funds is underway, resentment is brewing among the large depositors who are staring at uncertainty over receiving refund. Many investors of Barapada village under Remuna block of the district had deposited their money in Rose Valley chit fund. Though investors were hopeful that […]

Bhubaneswar: Even after lakhs of people fell prey to the multi-crore chit fund scam in Odisha, it seems like people in the State are yet to become aware and continue to get carried away by false promises of big profits and returns. Recently, a few people have alleged that one Hong Kong-based marketing company – […]