New Delhi, Sep 28 (IANS) The Central Bureau of Investigation (CBI) has said that they have arrested the former Deputy Registrar of Companies, Kolkata, and three others, including founding director and territory manager of private companies during further investigation of a case related to the chit fund scam.
The CBI had registered a case immediately in compliance with the Supreme Court's orders against the then Managing Director of a private company and others and taken over the investigation of the case earlier registered at Baliapal police station, Balasore (Odisha).
It was alleged that the accused illegally collected public deposits throughout Odisha by alluring the people with various deposit schemes falsely promising high returns and did not refund the maturity amount and thereby cheated the investors of their due amount.
The total collection of the company was nearly Rs 565 crore.
In this case, two charge-sheets were filed in 2016 and in November 2021 before the Bhubaneswar court.
Further investigation was continuing to look into the larger conspiracy, money trail and roles of regulatory authorities.
During further investigation, it was revealed that the accused (private persons) had allegedly associated themselves with the illegal ponzi schemes accused named in the FIR and also allegedly received huge pecuniary benefits for themselves out of the illegally collected deposits by the said private company.
Subha Kumar Banerjee, the then Deputy Registrar of Companies, Kolkata, had allegedly facilitated the illegal deposit collection business of the accused.
Apart from him, the CBI has arrested Lakshman Srinivasan, the then founding director of Fimshore Management Service Ltd, Swapan Kumar De and Uttam Munshi, the then territory manager of Star Health Insurance.
The Central Bureau of Investigation (CBI) on Wednesday arrested two persons for extorting money from foreign nationals in the form of cryptocurrencies and gift vouchers. The accused were identified as Vijay and Vishal.
Punjab Chief Minister Bhagwant Mann on Wednesday called upon the youth to follow the ideals of Shaheed Bhagat Singh to make Punjab a front-runner state in the country. The Chief Minister laid floral tributes to Shaheed Bhagat Singh, Rajguru and Sukhdev here during which a contingent of Punjab Police gave guard of honour as a mark of respect.
Harmeet Singh Kalka, President of the Delhi Sikh Gurdwara Management Committee (DSGMC), on Tuesday said that the pilgrims will reach Pakistan from the Attari-Wagah border checkpoint on October 28 and will return to Amritsar on November 2. They will also visit other historic Sikh shrines in Pakistan, including Gurdwara Panja Sahib and Nankana Sahib, as well as Lahore.
During the meeting, Prime Minister Modi noted the contributions of Abe in strengthening India-Japan partnership as well in conceptualizing the vision of a free, open and inclusive Indo-Pacific region, a statement issued by the Ministry of External Affairs said.
Denying bail to rape accused Lingayat seer of the Chitradurga Murugha Mutt, a court in Karnataka's Chitradurga district extended the Shivamurthy Murugha Sharanaru's judicial custody till October 10.
The Chief Minister said the BJP is using its moneybags to cause an irreparable loss to democracy. He said in the past, the Congress has done the same and now the saffron party is following its footsteps.
