Ponzi scam: Couple held by EOW

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The State Crime Branch’s Economic Offences Wing (EOW) has arrested a couple in connection with a multi-crore chit fund scam.

The couple identified as Kalakanhu Bisoi and wife Monalisa Senapati of the Nimapara area in Puri district allegedly duped 10,000 depositors of around Rs 100 crore through a chit fund firm Kalakanhu Advertising Private limited.

The EoW forwarded the couple to a special court following arrest.

Reports said Bisoi had founded the Kalakanhu Advertising Private limited in 2014-15.

His wife was the director of the firm. The couple had collected Rs 100 crore from 10,000 depositors promising them high returns. After operating the office for few months, Bisoi and his wife vanished.

Daily Pioneer
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