• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

ED Arrests Chit Fund Group Director In Kolkata

OMMCOM NEWS by OMMCOM NEWS
August 21, 2023
in Nation
ARREST

Kolkata: The Enforcement Directorate (ED) on Monday arrested Biswapriya Giri, the owner- director of chit fund entity URO Group on charges of money laundering by duping investors in multi- level marketing schemes to the tune of around Rs 1,500 crore.

This is not the first time that Giri has been arrested. Earlier in February 2015, soon after the bursting of the chit fund bubble in West Bengal, he was arrested by the cops of Bidhannagar City Police in the same connection.

It is learnt that ED sleuths issued summons to him to be present for questioning at the central agency’s Salt Lake office in the northern outskirts of Kolkata on Sunday afternoon. After a marathon grilling for hours, sources said, he was finally arrested on Monday morning.

The ED sleuths will present him at a special court of the Prevention of Money Laundering Act (PMLA) in Kolkata on Monday only and the central agency counsel will seek his custody for further interrogation.

When last time, Giri, a resident of East Midnapore district of West Bengal, was arrested in February 2015, a total of eight cases were lodged against him by Bidhannagar City Police.

He was known for his close association with a number of influential politicians from the state, and several senior leaders of the ruling party were seen endorsing the products of the URO Group in the past.

The main allegation against the company is that it collected huge amounts of money from ordinary investors under a number of multi- level marketing schemes against lucrative returns after a specific period of time. But that money was never returned.

 (IANS)

Tags: EDKolkata
ShareTweetSendSharePinShareSend
Previous Post

Djokovic Defeats Alcaraz In Three-Set Classic, Saves Match Point To Clinch Cincinnati Masters Title

Next Post

UK ‘Killer Nurse’ To Be Sentenced For Murder Of 7 Babies

Related Posts

Bihar
Nation

‘No JeM Infiltration In Bihar’: ADG Law & Order Pankaj Darad

August 29, 2025
HM Amit Shah
Nation

Assam Can’t Be Led By Leaders Visiting Pakistan: HM Amit Shah

August 29, 2025
JeM
Nation

‘Bihar Gateway, J&K Target’: JeM Infiltration Signals ISI’s New Tactic

August 29, 2025
Supreme Court
Nation

SC Seeks Centre’s Response On Plea Against Deportation Of Bengali-Speaking Migrants

August 29, 2025
Operation Sindoor
Nation

Operation Sindoor: How India Averted A Global Terror Front In Kashmir

August 29, 2025
Punjab
Nation

7,689 People Evacuated, Shifted To Safe Places In Punjab, Says Govt

August 29, 2025
Next Post

UK 'Killer Nurse' To Be Sentenced For Murder Of 7 Babies

Those Opposing Land To Landless Are Responsible For 50,000 Innocent Deaths: J&K L-G

Cyclonic Circulation In Bay Of Bengal: Odisha Likely To Experience More Rainfall From Tuesday

khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.