Reported by Santosh Jagdev
Bhubaneswar, May 26:
More than 150 investors from all over the state today lodged a complaint both with Saheed Nagar police station and Economic Offence Wing (EOW) of Odisha crime branch, seeking action against the Chief Managing Director (CMD) of Subhasatya Investment Solution Ltd. (SISL) Hemanta Samantaray for duping them by more than Rs 15 crore.
Samantaray, who hails from Bhimtangi area here, had opened the SISL head office in Saheed Nagar area in 2011 and later branch offices in several districts in the state. The company’s agents had collected more than Rs 20 crore from the market promising investors high returns on their deposits before it suddenly closed all its offices in 2012.
Tribhubana Raj Samantaray of Balasore, one of the duped investors said, “We are approaching the CB office for the second time now to submit our grievances. We have failed to get any justice from the probe agency even though we had lodged a complaint with EOW in June last year. The accused is roaming around freely in his expensive car in and outside the city,” said the investor.
Another investor, Pramaya Kanti Nayak of Bhadrak and a school teacher by profession, said the company had taken Rs 3 lakh from him promising to double its money. But when he contacted the company personnel repeatedly after the maturity period, they started avoiding him.