Chit Fund Scam

The Central Bureau of Investigation (CBI) has arrested former Managing Director of Microfinance Ltd. in connection with the multi-crore chit fund scam in Odisha. Earlier, the CBI had raided his house in Bhubaneswar on December 8, but he had…

The Central Bureau of Investigation (CBI) has grilled retired IAS officer PK Hota in connection of the Seashore chit fund scam. Hota, who appeared before the CBI today, was questioned for around four hours. The CBI also interrogated PK…

Seashore CMD Prashant Dash, who has been in jail in connection with multi-crore chit fund scam, has demanded the arrest of main conspirators in this case. While appearing before the court, Dash revealed that people who were involved in…

The Economic Offence Wing (EOW) of the Crime Branch has arrested Flourish India Director Pradeep Kumar Das in connection with the chit fund scam in Odisha. Earlier, 12 of its office bearers were arrested by the CB. On October 23, Aditya…

Arthwa Tatwa (AT) Group chief Pradeep Sethy, who is the prime accused in the multi-crore chit fund scam, has brought sensational allegations against Odisha's leading TV channel, OTV. Sethy claimed that OTV had taken Rs 5.50 crore from him…

In a significant development today, the CBI summoned Saroj Sahu, a key aide of Chief Minister Naveen Patnaik in connection with the chit fund scam. Saroj, who is an Office Secretary of the BJD, has been working as the Political Programme…

Erstwhile BJD strategist and Rajya Sabha MP Pyari Mohan Mohapatra, whose Delhi and Bhubaneswar houses were raided by the CBI day before yesterday, appeared before the CBI today in connection with the SeaShore chit fund scam. Pyari was…