EOW seeks to attach assets of Saradha Group

The Economic Offences Wing (EOW) of the Crime Branch on Monday moved the State government seeking approval for attachment of properties of the Kolkata-based Saradha Group, accused in the multi-crore chit fund scam.Two cases were registered against the group in Balasore and Puri. EOW Deputy IG of Police said the Crime Branch had seized properties of the group and wanted to attach them under the Odisha Protection of Interests of Depositors (in Financial Establishments) Rules, 2013.

Shreesurya assets worth less than half the money lost by complainants

NAGPUR: The Economic Offences Wing (EOW) of the state police has so far found assets worth only Rs6 crore in the name of M/s Shreesurya Investment or its promoter Sameer Joshi. This is not even half the amount mentioned in complaints registered by the firm's investors till date. EOW has registered FIRs from 175 persons who had parked their funds in Shreesurya's schemes, with the total investment coming to Rs13 crore.

EOW receives 1000 complaints against Shreesurya fraud on Sunday

Nagpur: A day after Rana Pratap Nagar police registered an offence against Shreesurya directors-Sameer Joshi and his wife Pallavi for allegedly duping crores of rupees of investors, Economic offences Wing of crime branch claimed to have received 1,000 more written complaints taking the fraud amount to Rs 87 lakhs.Officials from EOW informed that since morning, they have been receiving written complaint from people who have been victim of Shreesurya investment fraud.

QNet: Six bank accounts frozen, more arrests soon, says EOW

According to an additional commissioner of police, the EOW has frozen six bank accounts of QNet that have Rs46 crore as balance, and their teams would soon visit Bengaluru and Chennai to arrest some suspects
Economic offences wing (EOW) of Mumbai police, which is probing Hong Kong-based controversial multi-level marketing (MLM) operator QNet has so far frozen six bank accounts related with the company.

EOW registers case against multi-level marekting firm, QNet, for fraud

MUMBAI: The city EOW on Friday registered a case against multi-level marketing firm, QNet, for allegedly duping thousands of investors by selling them plastic and glass products terming them miraculous objects for treating severe diseases like Cancer. 

A police officer said that the company, which had been selling its product through qnetindia.in has its head quarters in Hong Kong.