• 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 Breaking News

Balasore OPID Court Awards Seven Years RI To Crypto Scammer Nilesh Kar

OMMCOM NEWS by OMMCOM NEWS
April 30, 2025
in Breaking News, Odisha

Bhubaneswar: The Balasore OPID court has convicted Nilesh Kar, the main accused in a crypto-currency investment scam, and sentenced him to seven years of rigorous imprisonment and a fine of Rs 2.35 lakh. In default of payment, Kar will undergo an additional two years of imprisonment.

According to the case, Kar, appointed as the head of the fake website ‘Cloud-Foot’ for Balasore district, duped hundreds of depositors out of Rs 1.13 crore by promising high returns on investments. The scam came to light when Mahamanya Jena, a resident of Balasore district, filed a complaint with the Sahadevakhunta police station on April 5, 2023.

Investigation revealed that Kar had encouraged over 400 people from across the state to invest in the website, showcasing fake RBI approval letters and appointment letters to build trust. The probe also found that the ‘Cloud-Foot’ website was used nationwide to cheat investors in the name of cryptocurrency investment.

Special Public Prosecutor Pranab Kumar Panda handled the case, while Inspector Tapas Ranjan Sahu led the investigation. The court’s verdict brings justice to the victims of the scam.

ShareTweetSendSharePinShareSend
Previous Post

Ashwini Vaishnaw Trains Guns On Congress, INDIA Bloc For ‘Politicking’ On Caste Census

Next Post

Jamshedpur’s Shambhavi Jaiswal Emerges ICSE Class 10 All India Topper With Perfect Score

Related Posts

Durga Puja Light Gate
Odisha

Durga Puja Light Gate Collapses In Jagatsinghpur, Several Injured

October 2, 2025
Landslide
Odisha

Landslide Blocks Key Ghat Road In Gajapati

October 2, 2025
Sridhar Vembu
Odisha

Zoho To Set Up Data Centre In Odisha: Founder Sridhar Vembu

October 2, 2025
Gopinath Swain - Odisha
Odisha

Padma Shri Awardee Gopinath Swain Passes Away At 107

October 2, 2025
Deep Depression
Odisha

Deep Depression Forms Over BoB, Likely To Cross Odisha-Andhra Coasts Tonight

October 2, 2025
Tiger Pugmarks
Odisha

Tiger Pugmarks Found In Angul, Forest Dept On Alert

October 2, 2025
Next Post
Shambhavi Jaiswal

Jamshedpur’s Shambhavi Jaiswal Emerges ICSE Class 10 All India Topper With Perfect Score

Narendra Modi

Caste Count Goes Official: BJP Seizes Agenda; INDIA Bloc Faces Strategic Recalibration

Couple

Karnataka Couple Hacked To Death In Front Of Toddler Over Husband's Illegal Affair

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.