Seashore Chit Fund Scam: company chief Prashant Dash's wife arrested
Bhubaneswar, June 7: Acting on a warrant case issued by the Rourkela SDJM court, the commissionerate police today arrested Jyotirani Sarangi, wife of Seashore group Chief Prashant Dash, for her alleged role in duping investors of crores of rupees in Rourkela. Acting on a tip off, Laxmisagar police this evening nabbed Ms Jyotirani from her room located in Majestic Apartment of Laxmisagar area following a raid. Police sources said, she had duped investors crores of rupees by collecting small deposits promising them to provide high returns on the sum. Though the local police here refused to divulge details about the case, sources said the company had opened a branch at Civil Township in Rourkela and had cheated investors operated by the accused. She had played one of the directors in the branch. Aggrieved on the Seashore officials, who had failed to return the money collected by the company, the investors had lodged three complaints separately at the Raghunathpalli...