Tag: Economic Offences Wing

Farm loan scam in Odisha: EOW arrests three

Koraput: The Economic Offences Wing (EOW) of Crime Branch on Monday arrested three persons for their alleged involvement in financial irregularities in Kalimela LAMPCS of Koraput Central Cooperative (KCC) Bank. The three accused have been identified as Ramesh Chandra Parmanik, ex-Branch Manager, Kishore Chandra Bisoi, ex-Accountant and Bhupendra Narayan Mohanty, ex-Cashier of the bank’s MV79 […]

  • Thursday, 22 July 2021
Odisha govt orders Crime Branch probe into Malkangiri crop insurance scam

Bhubaneswar: Odisha government has today ordered Crime Branch (CB) probe into the alleged scam in farmers’ loan and crop insurance and has directed to recover the money from the corrupt officials involved in the scam. The decision came against the backdrop of a scam unearthed by OTV where it was found that the officials of […]

  • Thursday, 22 July 2021
Rose Valley scam: EOW takes group chief on 4-day remand

Balasore: The Balasore chit fund court today allowed the Economic Offences Wing (EOW) of the Crime Branch, Odisha to take Rose Valley Group chief Gautam Kundu on a four-day remand. Though the EOW had appealed for a five-day remand of Kundu, the court granted four days. The investigating agency had produced Kundu before the court earlier […]

  • Thursday, 22 July 2021
Chit fund scam: CBI grills kin of Green Ray director

Bhubaneswar: The CBI on Monday interrogated the family members of Mir Shahiruddin, director of Green Ray International Ltd in connection with chit fun scam in Odisha and outside the state. The officials of the central investigating agency interrogated Shahiruddin’s father, mother, sister, three wives and the father-in-law and to know as to how the Green […]

  • Wednesday, 21 July 2021
Oscar chit fund scam: Bharuch depositors seek expeditious probe

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

  • Tuesday, 20 July 2021
Real estate fraud
Real estate fraud: EOW office gheraoed

Bhubaneswar: Over a hundred customers of real estate firm Siddhi Vinayak Developers Pvt Ltd.on Monday gheraoed the office of the Economic Offences Wing (EOW) of Crime Branch here, demanding action against the company’s head for defrauding them. The agitated customers alleged that the firm’s managing director (MD) Dillip Kumar Gadanayak had promised them to hand […]

  • Tuesday, 20 July 2021
EOW proposes confiscation of Vista properties

The Economic Offences Wing (EOW) of Crime Branch has proposed to the State Finance Department confiscation of the properties of Vista Management Services Ltd, a chit-fund company, said sources on Thursday

  • Monday, 19 July 2021
Papu Pompom
Odia actor defends himself after EOW questions him in land fraud

Bhubaneswar: After questioned by the Economic Offences Wing of the Crime Branch in connection with the Sarala Realcon’s land fraud; Ollywood actor Papu Pompom today defended himself asking how an actor will know the source from which funds are being invested in a movie. According to sources, Sarala Realcon, which his alleged of swindling investors […]

  • Friday, 16 July 2021
Cow Sell
State Bank of Mauritius loses Rs 143 cr in cyber fraud

Mumbai: The State Bank of Mauritius’ (SBM) Mumbai branch has been cheated of nearly Rs 143 crore after unknown fraudsters hacked into its accounts here, an official said on Friday. The incident occurred at the SBM Nariman Point Branch according to the bank’s complaint with the Mumbai Police Economic Offences Wing (EOW) last week. The […]

  • Thursday, 08 July 2021
Bank Of Maharashtra CMD arrested in Rs 3,000 cr fake loans case

Pune: In a sudden development, the Economic Offences Wing (EOW) here arrested Ravindra P. Marathe, the Chairman and Managing Director of Bank of Maharashtra, in a case of Rs 3,000 crore fraudulent loans extended to Pune’s DSK Group, an official said here on Wednesday. The EOW has also arrested the bank’s Executive Director Rajendra K. […]

  • Wednesday, 07 July 2021
Banti Agarwal
TDR fraud: EOW files final chargesheet against Banti Agarwal

Bhubaneswar: The Economic Offences Wing (EOW) of Odisha Crime Branch today filed the final chargesheet against contractor Banti Agarwal in connection with fraud in several projects of the Roads and Buildings division of Public Works Department (PWD) in Bargarh and Nuapada districts. It is pertinent to mention here that out of the total 16 cases […]

  • Tuesday, 22 June 2021
Land Fraud: EOW arrests Managing Director of Wellmade Builders

Bhubaneswar: The Economic Offences Wing (EOW), Bhubaneswar today arrested the Managing Director of real estate company Wellmade Builders Pvt. Ltd., Sk Hasib in connection with a land fraud to the tune of Rs 22.5 lakh. According to sources, a case was registered in pursuance with the order passed by the Orissa High Court in CRLMP […]

  • Thursday, 03 June 2021
Khurda businessman arrested for Rs 1.5 crore-loan fraud

Bhubaneswar: The Economic Offences Wing (EOW) of the Odisha Crime Branch has arrested a businessman from Khurda for allegedly submitting fake mortgage documents and subsequently misappropriating a loan from Allahabad Bank in Bhubaneswar. The arrested businessman has been identified as Devraj Subudhi of Khurda. As per reports, the accused Devraj Subudhi along with Narayan Senapati, […]

  • Tuesday, 04 May 2021
Woman Director Of Real Estate Firm Arrested For Rs 7.31 Crore Fraud
EOW Arrests Couple For Duping Man Of Rs 1.5 Crore

Bhubaneswar: The Economic Offences Wing (EOW) of Odisha Crime Branch on Tuesday arrested a couple for allegedly duping a man to the tune of Rs 1.5 crore. The arrested woman Mahasweta Biswal is managing director of real estate company M/s B.N. Infra Services Pvt. Ltd., while her husband Biswa Bhusan Biswal, was working as Joint […]

  • Thursday, 22 April 2021
Rs 2.87 Crore Cheque Cloning Fraud Busted In Odisha; EOW Nabs Key Accused

Bhubaneswar: The Economic Offences Wing (EOW) on Friday arrested one person from Rourkela in connection with a cheque cloning fraud to the tune of Rs 2.87 crore. The accused, identified as B. Murty Pillai, was arrested basing on the written complaint filed by Anjani Kumar Singh Azad, Chief Manager of Bank of India, Rourkela Branch. […]

  • Wednesday, 07 April 2021