Four senior officials of a chit fund company were arrested on Sunday from Jaleswar in Balasore district of Odisha for allegedly duping investors, police said.
A court in Kandhamal district on Thursday sentenced the chief of a ponzi scheme company to seven years` rigorous imprisonment for duping depositors.
A district court on Monday rejected the bail petition of Seashore Group CMD Prashant Dash in the chitfund scam for the second time.
Day in Pics: 30th August
August 30, 2014
Famous Ganesh Pandals in Mumbai