A local court on Saturday allowed CBI to take two persons, including the owner of an Odia daily, on remand for 14 days for their alleged involvement in the multi-crore rupee chitfund scam in Odisha.
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: 27th November
Showbiz World - November 27, 2014
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