Hundreds of investors, who were allegedly duped by a chit fund company ‘Micro Finance’, on Thursday staged a demonstration in front of the Ali tehsil office demanding actions against company officials and return of money.
The investors under the aegis of ‘The Micro Chit Fund Khatrigrasta Gana Sangram Parisad’ resorted to the stir. According to them, ‘Micro Finance’ had opened offices at the Dakabangala chowk and Mill chowk in Ali. It collected more than Rs 30 crore from nearly 50,000 investors on promises of high returns. later, the company closed down its offices. They submitted a memorandum to the Tehsildar to press for their demands.
A few days ego, investors of the Agragami Agro Farm limited had lodged an FIR in the Mahakalpada police station urging actions and return of money. They alleged that the company had collected Rs 3.5 crore through its office at Udayabata in Paradip. Villagers of Ramnagar, Kharnashi, Baulakani, Jamboo, Suniti and Batighar gram panchayats have been duped by this company. The company had promised to double the deposited money in two years time.
When contacted, Mahakalpada police station IIC Padarbinda Tripathy said an inquiry has been started in the alleged matter.