Ganjam couple rearrested in chit fund case

Bhubaneswar | Wednesday | 6th February, 2019

Summary:

"The couple was arrested after a fresh case was lodged by Sarada Mohapatra of Hillpatna here," said inspector in-charge, Golanthara police station, Alok Jena . The couple was forwarded to court on Tuesday.The couple was arrested on November 6 last year by the Golanthara police, who registered two cases against them. BERHAMPUR: Police on Monday re-arrested a couple , managing director and director of a chit fund company, located at Kanishi near here, for allegedly duping investors of Rs 60 crore.Braja Mohan Patnaik, 44 and his wife Tridhara Mohanty, 40, managing director and director respectively of Datum Marketing Limited, a chit fund company, were nabbed from a court premises here. But the company did not refund the amount after the maturity of the schemes, police said.Though the exact amount duped by the company from the investors has not been assessed, but preliminary investigation revealed it collected around Rs 60 crore under different schemes from 1,550 investors, police said. Besides they had also arrested two employees - Bijaya Mohapatra and Tripati Balaji Patra - in one of the cases registered against the company.The company allegedly collected crores of public money under different investment schemes and lured the people to invest their hard-earned money, promising to multiply the investments in a short span of time..