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One arrested in chit fund case

By STAFF Reporter

GUWAHATI, May 6 - The Bureau of Investigation of Economic Offences (BIEO) of the Assam government has arrested a 38-year-old man from Duliajan, who allegedly collected crores of rupees from gullible customers on the pretext of various schemes.

The accused, Maheswar Rao, was the head of the Duliajan branch of Haryana-based RDPL Landmark And Infrastructure Limited which had operated in the State from 2011 to 2015.

The company had allegedly collected over Rs 40 crore from customers through its offices at various locations like Guwahati, Nagaon, Sivasagar, Duliajan, Tezpur, Silapathar, Dibrugarh, etc.

The fraud came to light after one Sasibala Sarma lodged a complaint following refusal by the company to disburse her maturity amount.

�The company collected money in the name of various schemes. They also offered 18 per cent interest for certain deposits,� sources said.

�Rao had reportedly collected around Rs 9 crore from the Duliajan area. He has been booked under various sections of the IPC and the Prize Chits and Money Circulation Schemes (Banning) Act,� BIEO SP Shyamal Prasad Saikia said.

Investigating Officer Prafulla Barman said one of the directors of the company, Praveen Kumar Rohilla and his staff Satish Prasad and Pramod Das were arrested earlier. �But some of the accused are still absconding, including one of the directors and Rohilla�s brother,� he added.

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One arrested in chit fund case

GUWAHATI, May 6 - The Bureau of Investigation of Economic Offences (BIEO) of the Assam government has arrested a 38-year-old man from Duliajan, who allegedly collected crores of rupees from gullible customers on the pretext of various schemes.

The accused, Maheswar Rao, was the head of the Duliajan branch of Haryana-based RDPL Landmark And Infrastructure Limited which had operated in the State from 2011 to 2015.

The company had allegedly collected over Rs 40 crore from customers through its offices at various locations like Guwahati, Nagaon, Sivasagar, Duliajan, Tezpur, Silapathar, Dibrugarh, etc.

The fraud came to light after one Sasibala Sarma lodged a complaint following refusal by the company to disburse her maturity amount.

�The company collected money in the name of various schemes. They also offered 18 per cent interest for certain deposits,� sources said.

�Rao had reportedly collected around Rs 9 crore from the Duliajan area. He has been booked under various sections of the IPC and the Prize Chits and Money Circulation Schemes (Banning) Act,� BIEO SP Shyamal Prasad Saikia said.

Investigating Officer Prafulla Barman said one of the directors of the company, Praveen Kumar Rohilla and his staff Satish Prasad and Pramod Das were arrested earlier. �But some of the accused are still absconding, including one of the directors and Rohilla�s brother,� he added.

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