The Economic Offences Wing (EOW) of the Odisha Crime Branch on Saturday arrested two more fraudsters from Bhubaneswar in connection with the illegal loan app case.
In this regard, as the first step to prevent further extortion and illegal money lending, the EOW had frozen an amount of Rs 6.57 crore in different accounts of the accused company.
The EOW officials said that the arrested accused, Chandan was working as a dealer of Sheetal Agro Inputs Pvt. Ltd., having its office at Purohitpur in Jagatsinghpur district.
The accused have been identified as Rakesh Kumar Girija Shankar Pandey and Sarman Singh Tomar. Both the accused were arrested on March 26 and have been brought to Odisha on transit remand.
Both the accused were arrested on the basis of a complaint filed by the Executive Officer, Barbil Municipality on the allegation of fraudulent and unauthorised transfer of Rs 2,45,60,800 from their official account maintained with Bank of Baroda by forging the cheques and the signature of the complainant.
Furnishing details, Joint Commissioner of Police (Economic Offences Wing) Chhaya Sharma said the accused through his Company Asian Developers Pvt Ltd advertised for the booking of flats/shops at Sector-2, Bawal, Rewari, Haryana in 2012.
Dipak, against whom a lookout notice was issued, was arrested from Luludiha area in Sundergarh district while he was trying to flee the State. He will be produced before the SJDM court in Bhubaneswar today.
It has also been ascertained that Amrita, wife of Deepak Kindo and the Director of Diya Diary Agro Processor Pvt. Ltd, is a sister concern of Sambandh Finserve Pvt. Ltd.
Gahlot was arrested by the EOW from Sector-23 Dwaraka in New Delhi on December 18. He was subsequently produced before Metropolitan Magistrate, Dwaraka on December 19 and the court had allowed him 5 days transit bail with direction to appear before the trial court –SJDM Bhubaneswar- on or before December 24, 2021.
"Between 18-20 lakh investors invested their money in the Corporate Debtors' investment schemes. An amount of approximately Rs 7,500 crore was collected. However, most of the investors never received the returns promised to them. The money invested was siphoned off or diverted to associate concerns of RTSCL and CCIL," said the note. In 2012, the SEBI began investigating the ponzi scheme.
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EOW had registered an instant case based on the complaint filed by one Laxmi Narayan Mohapatra of Talcher.
Bhubaneswar: The Economic Offence Wing (EOW) of the Crime Branch arrested four persons in connection with a fraud worth Rs 1.22 crore at the Regional Medical Research Centre (RMRC) in Bhubaneswar. Out of the four arrested persons, two persons are non-Odia traders. As per reports, the fraud was executed using forged cheques and documents following […]