Tag: Opid Court

Cuttack: A special Odisha Protection of Interests of Depositors (OPID) court in Cuttack on Thursday awarded rigorous imprisonment of seven years and fine of Rs 5 Lakh each to seven people for defrauding depositors to the tune of Rs 8 crore by floating a ponzi firm. The court’s ruling came against two cases of fraudulence […]

Cuttack: Cracking whip on chit fund scamsters, the special Odisha Protection of Interests of Depositors (OPID) court in Cuttack on Friday directed to confiscate all movable and immovable properties belonging to the Seashore group. The court has ordered for confiscation of around 197 acres of land, 1.385Kgs of gold, 2 Quintals of silver and a […]