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Odisha: Man arrested for duping 200 people promising them to double their money in 10 months

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....disha: Man arrested for duping 200 people promising them to double their money in 10 months<BR>PTI News<BR>Dated:- 24-2-2025<BR>PTI<BR>Bhubaneswar, Feb 24 (PTI) A man was arrested for duping about 200....

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.... people in different parts of Odisha of Rs 5 crore by taking money from them with the promise of doubling it within 10 months, police said on Monday. Dhanajaya Sahoo, arrested by the Economic Offence....

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.... Wing (EOW) of Odisha Police from Hyderabad, along with his accomplices had taken unregulated deposits of Rs 5 crore through his company Mutual Alliance Global Pvt Ltd in 2020 and 2021. The investors....

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.... were mainly from Cuttack, Khurda, Jajpur, Bhadrak, Keonjhar and Mayurbhanj districts, police said. Although Sahoo initially paid very meagre returns to the investors, he stopped making payments late....

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....r and absconded by closing down the company's office, they said. He was arrested on February 21 on the basis of a complaint lodged by one Govinda Chandra Sahoo of Jajpur district. He was brought to B....

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....hubaneswar on transit remand on Monday. A laptop, mobile phone, pen drive, bank documents, and a passport were seized from him, and an investigation was underway, police said. PTI BBM BBM SOM<BR> New....

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....s - Press release - PIB....