Ponzi scam: CBI arrests 2 Odisha businessmen
The two businessmen associated with real estate for their alleged links with Artha Tatwa (AT) group
Nov 06, 2014
Source : Business Standard
CBI

 

Bhubaneswar: CBI today arrested two businessmen associated with real estate for their alleged links with Artha Tatwa (AT) group, a chitfund ponzi company accused of duping investors of crores of rupees in Odisha.

Vineet Lalani and Dilip Mohanty, both directors of Orison Group of companies, were arrested by the Central investigating agency on the charge of criminal conspiracy with AT group chief Pradeep Sethi, CBI sources said.

The two had been called to the CBI state headquarters here for interrogation and arrested for their role in the scam and receiving benefits, they said.

Lalani had received huge amount of money from the tainted ponzi company AT group through the bank accounts of his employees, they said.

Mohanty alias Mitto, a local leader who also ran Prism Properties Private Limited, had allegedly received a plot from the AT group, the sources said.

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