ponzi scam

Bhubaneswar: After probing the multi-crore Seashore chit fund scam for long nine years, the Central Bureau of Investigation (CBI) today filed a chargesheet against former Choudwar-Cuttack MLA Prabhat Ranjan Biswal and his wife Laxmi…

Bhubaneswar: The Economic Offences Wing, Bhubaneswar has arrested accused Vishal Sakharam Utkar, a resident of Latur, Maharashtra, from Mundwa, Pune on 30.03.2023 in EOW PS Case No.10 dt.23.03.2023 U/s 420/467/468/471/120-B IPC, r/w…

Balasore: Special Judge of Balasore Chit Fund Court, Biswajit Das, has sentenced Jagdish Mishra, MD of Ponzi firm Raj Godson Services Private Limited, to 5 years imprisonment and imposed a fine of Rs 3.81 lakhs. D According to the case…

Cuttack: The Odisha Protection of Interests of Depositors (OPID) court in Cuttack on Friday ordered the confiscation of all movable and immovable properties belonging to the Seashore group. As per the OPID court's order,  around 197…

Bhubaneswar:  The Directorate of Enforcement (ED) has issued a Provisional Attachment Order under the provisions of the Prevention of Money Laundering Act, 2002 attaching movable and immovable properties worth Rs. 128.86 Crores in the case…

Bhubaneswar: Subhra Kundu, the wife of Rose Valley Group chairman Gautam Kundu, who was arrested on Friday and brought to Bhubaneswar today, was taken on a 5-day remand by CBI. She was arrested from Kolkata in connection with the…