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	<title>chit fund fraud Archives - India Podcast</title>
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	<title>chit fund fraud Archives - India Podcast</title>
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		<title>ED Raids Adarsh Group Properties in Odisha</title>
		<link>https://indiapodcast.com/ed-raids-adarsh-group-properties-in-odisha/</link>
		
		<dc:creator><![CDATA[Jaya K]]></dc:creator>
		<pubDate>Fri, 28 Nov 2025 11:18:45 +0000</pubDate>
				<category><![CDATA[Latest]]></category>
		<category><![CDATA[Adarsh Group case]]></category>
		<category><![CDATA[assets check]]></category>
		<category><![CDATA[Bhubaneswar search]]></category>
		<category><![CDATA[chit fund fraud]]></category>
		<category><![CDATA[Cuttack search]]></category>
		<category><![CDATA[ED operation]]></category>
		<category><![CDATA[ED raids Adarsh Group]]></category>
		<category><![CDATA[Enforcement Directorate]]></category>
		<category><![CDATA[financial probe]]></category>
		<category><![CDATA[fraud inquiry]]></category>
		<category><![CDATA[money trail]]></category>
		<category><![CDATA[Nayapalli search]]></category>
		<category><![CDATA[Nishchintakoili raid]]></category>
		<category><![CDATA[Odisha investigation]]></category>
		<category><![CDATA[Odisha raid]]></category>
		<guid isPermaLink="false">https://www.indiapodcast.com/?p=32890</guid>

					<description><![CDATA[<p>The ED raids Adarsh Group properties in Odisha as part of a major probe into the alleged chit fund fraud. The investigation gained momentum on Friday when Enforcement Directorate teams carried out coordinated searches in Cuttack and Bhubaneswar. The ED raids Adarsh Group locations to track financial links, assets and documents tied to the alleged [&#8230;]</p>
<p>The post <a href="https://indiapodcast.com/ed-raids-adarsh-group-properties-in-odisha/">ED Raids Adarsh Group Properties in Odisha</a> appeared first on <a href="https://indiapodcast.com">India Podcast</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="593" data-end="957">The <a href="https://en.wikipedia.org/wiki/Odisha"><strong data-start="597" data-end="622">ED raids Adarsh Group</strong></a> properties in Odisha as part of a major probe into the alleged chit fund fraud. The investigation gained momentum on Friday when Enforcement Directorate teams carried out coordinated searches in Cuttack and Bhubaneswar. The <strong data-start="847" data-end="872">ED raids Adarsh Group</strong> locations to track financial links, assets and documents tied to the alleged scheme.</p>
<p data-start="959" data-end="1324">In Cuttack district, officials reached Nishchintakoili early in the morning and searched two key locations. One team inspected the ancestral home of Bijay Raut in Natakai village. Another team checked the residence of Jitendra Ojha in Ramakrishnapur panchayat. Officers reviewed documents and questioned people connected to these properties to trace the money flow.</p>
<p data-start="1326" data-end="1464">Search operations also expanded to other locations linked to company employees, showing that the investigation now covers a wider network.</p>
<p data-start="1466" data-end="1693">In Bhubaneswar, ED teams conducted major searches at two places, including the Nayapalli residence of Nikunj Samantaray. Officers focused on verifying documents, assets and links to the chit fund activities of the Adarsh Group.</p>
<p data-start="1695" data-end="1867">The agency aims to uncover financial transactions and identify assets built through illegal collections. The investigation continues across multiple locations in the <a href="http://indiapodcastnews.com">state</a>.</p>
<p>The post <a href="https://indiapodcast.com/ed-raids-adarsh-group-properties-in-odisha/">ED Raids Adarsh Group Properties in Odisha</a> appeared first on <a href="https://indiapodcast.com">India Podcast</a>.</p>
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			</item>
		<item>
		<title>Kishanganj Chit Fund Fraud Exposed, Over ₹1 Crore Lost</title>
		<link>https://indiapodcast.com/kishanganj-chit-fund-fraud-exposed-over-%e2%82%b91-crore-lost/</link>
		
		<dc:creator><![CDATA[Khazavali]]></dc:creator>
		<pubDate>Wed, 19 Nov 2025 05:00:52 +0000</pubDate>
				<category><![CDATA[Bihar]]></category>
		<category><![CDATA[home page slider]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Latest]]></category>
		<category><![CDATA[National]]></category>
		<category><![CDATA[Bihar news]]></category>
		<category><![CDATA[chit fund fraud]]></category>
		<category><![CDATA[crime news]]></category>
		<category><![CDATA[fake loan scheme]]></category>
		<category><![CDATA[financial scam]]></category>
		<category><![CDATA[Kishanganj]]></category>
		<category><![CDATA[police investigation]]></category>
		<category><![CDATA[women victims]]></category>
		<guid isPermaLink="false">https://www.indiapodcast.com/?p=28316</guid>

					<description><![CDATA[<p>A major case of Kishanganj chit fund fraud has shocked Bihar. A fake finance company promised quick loans of ₹1.5 lakh to women if they deposited ₹5,000 first. The gang ran the operation from a rented house on Bahadurganj–Kishanganj Road. Bank staff went door to door and used the same key phrase, Kishanganj chit fund [&#8230;]</p>
<p>The post <a href="https://indiapodcast.com/kishanganj-chit-fund-fraud-exposed-over-%e2%82%b91-crore-lost/">Kishanganj Chit Fund Fraud Exposed, Over ₹1 Crore Lost</a> appeared first on <a href="https://indiapodcast.com">India Podcast</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>A major case of Kishanganj chit fund fraud has shocked Bihar. A fake finance company promised quick loans of ₹1.5 lakh to women if they deposited ₹5,000 first. The gang ran the operation from a rented house on Bahadurganj–Kishanganj Road. Bank staff went door to door and used the same key phrase, Kishanganj chit fund fraud, to hide their real plan while convincing women to trust them.</p>
<p>More than 1,000 women deposited money and received fake Federal Bank slips. The company also opened fake accounts to look genuine. On Tuesday, when the loan date arrived, hundreds of women reached the office. They found the doors locked. Within minutes, the news spread across the area.</p>
<p>People gathered outside the rented house and began shouting in anger. Some threw stones at the building. A sit-in protest blocked the main road, causing traffic jams.</p>
<p>Police reached the spot and controlled the crowd. Officers assured the victims that the accused would be caught soon. Residents said the landlord also acted carelessly by renting the office without checking details.</p>
<p>The investigation has named Praveen Mishra as the mastermind. Residents have been advised to stay alert because more such fake banks may be operating in the district.</p>
<p>The post <a href="https://indiapodcast.com/kishanganj-chit-fund-fraud-exposed-over-%e2%82%b91-crore-lost/">Kishanganj Chit Fund Fraud Exposed, Over ₹1 Crore Lost</a> appeared first on <a href="https://indiapodcast.com">India Podcast</a>.</p>
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