A Kolkata-based chit fund firm named, ‘Ambitious Diversified Projects Management ltd (ADPMl)’ has allegedly duped people of crores of rupees in different parts of Ganjam district. The matter came to the fore after 37 depositors submitted a memorandum in the Badyanathpur police station in this regard on Sunday. They too staged a demonstration in front of the police station seeking immediate action against the firm.
“The chit fund company has duped us of crores of rupees promising us high returns. We don’t find its local office here now. We seek police intervention into the matter and return of money,” said some depositors. It was mentioned in deposit certificates that the ponzi firm was headquartered at 19-B, Syed Amar Ali Avenue, First Floor, Kolkata-17 in West Bengal.
According to the memorandum, the company had opened a branch at the Tata Benz Square under the BN Pur Police station. Its top functionaries were Omkar Singh of Kharagpur (MD), Kunal Tiwari of Kolkata (Chairman), Arshad Hussain of Howarah (Director) and Mriganka Sekhar Chakravary of Upper Chelidanga (Deputy Director).
Similarly, the firm had appointed one B Sanjit Kumar Rao as its Odisha region and Brahmpur branch chief and two others, V Soumyaranjan Raju and Ambati Sai lakshmi to look after the business here. All the three officials are residents of Brahmapur under the Bada Bazar police circle, investors informed the police.
Investors started suspecting the firm as it changed its name to ‘OAK India Multi-State Credit Cooperative Society limited and its head office address to the Glorious Space, East Topsia Road, Kolkata a few months ago.
Besides, it also changed name of its deposit product ‘Non Convertible Secured Redeemable Debentures Certificate to Cooperative Society Certificate. Taking advantage of the changes, Rao and Raju misappropriated depositors’ money, the investors alleged.
Among others, Swadhin Kumar Panda, Swagatika Patra and Rajendra Kumar Badtiya led the demonstration.The depositors said they have submitted memorandums to the Chief Minister, RDC, Ganjam Collector, DIG (SD), SP, CBI and the Crime Branch seeking investigation.