The Hindol police in Dhenkanal district on Wednesday interrogated a director of a chit fund company on the charge of swindling around Rs10 crore from people.
Notably, the Hindol police had arrested Saroj Singh, a field officer of Sedil India Multiservises Ptv ltd, on November 11 last following a complaint by Achyut Muduli of Saradhapur village and Abhiram Sethi of Alusing village under the Hindol police station.The complainants had told the police that Singh had swindled over lakhs from them. The police brought Singh on a one-day remand on Wednesday.
During interrogation, Singh said the company, with its head office at Naharkanta near Hansapal on the outskirts of Bhubaneswar, had opened more than 50 branches at Gudiakateni, Parjang, Rasol and other areas of Dhenkanal district and collected over Rs10 crore from people from 2008 to 2014 through him.He also said the collected money was later taken by the company’s director Dilip Kumar Rout of Patala village under the Motanga police station who owns about five acres of land in the Kantapala and Joranda areas of the district.Meanwhile, the police have seized incriminating documents of the company from its Rasol branch, reports said.