Odisha Sun Times Bureau
Bhadrak, Nov 13:
Police today arrested the owner and two other senior officials of a chit fund company at Odisha’s Bhadrak town.
According to reports, police arrested the owner and two managing directors of Milanjyoti Corporation, a chit fund company accused of defrauding gullible investors of about Rs 10 crore with false promises.
Police swung into action after some investors lodged a complaint against the company with the Town Police Station alleging that it had not returned their money despite repeated reminders.