April 22, 2025

Chit fund scam: Firm dupes over 500 investors of 10cr

A major chit fund scam was unearthed in Balasore district where a company allegedly collected Rs 10 crore from over 500 investors by promising them high returns before it went bust in the wake of Covid pandemic in 2020.

Source: Bhubaneswar News, Latest Bhubaneswar News Headlines & Live Updates – Times of India