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The Hindu
The Hindu
National
Satyasundar Barik

Fugitive in ₹500-crore chit fund scam arrested in Odisha

In a major breakthrough, the Economic Offence Wing (EOW) of the Odisha Police has arrested one Nikhilananda Pashupalak on charges of swindling money from gullible investors through a chit fund scam that runs into ₹500 crore.

Pasupalak, one of the key scamster of Success Online Service System (SOSS) Private Limited, has ironically acted in a Bhojpuri film in 2015.

The EOW started investigation into the case based on a complaint lodged by one Parsuram Behera against the office-bearers of SOSS, which was operating its regional office at Berhampur.

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