The Latest Breaking News from EOW

Economic Offences Wing of the police receives 1,554 more complaints against Universal Trading Solutions Pvt Ltd, alleging ₹125.94 crore fraud. The firm is accused to have duped 76,597 investors of over ₹1,000 crore. EOW arranged a petition mela to get complaints from victims. MD, directors, GM, parents of MD already…

Manoj Kumar Laha, 47, lost ₹1.22 lakh in chit funds, but hoped for a windfall. He invested ₹10,000 in Solar Techno Alliance (STA), a crypto token, but it turned out to be an illicit MLM Ponzi scheme. Ramachandra Nayak, 27, also invested ₹1 lakh in STA. Over 2 lakh 'investors'…

After the Odisha police’s Economic Offences Wing raided the office of an Odia newspaper Sambad yesterday, the opposition BJP and Congress called it an “attack on the freedom of the press”.

“Promoters had spent ₹1.3 crore. The participation of the Bollywood Actor Govinda had helped create trusts among potential investors,” said Sasmita Sahoo, Deputy Superintendent of Police of EOW.

The Economic Offence Wing of Odisha police has arrested an individual on August 14, said to be India head of Chinese earning application (online ponzi scam)

The Economic Offence Wing (EOW) of Odisha police on August 7 claimed to have unearthed one of the largest cryptocurrency-based Ponzi schemes involving ₹1,000 crore and two lakh people.

DGP/Tangedco Vigilance B.K. Ravi transferred; DGP Rajeev Kumar to head Police Training College; ADGP Vinit Dev Wankhede to ADGP Admin; ADGP B. Bala Naga Devi to ADGP EOW; IGP CS CID N. Kamini to Commissioner of Police, Tiruchi; IGP South Zone, Madurai Asra Garg to Additional Commissioner of Police (North),…

The Bureau of Immigration (BOI) under the Union Ministry of Home Affairs has issued a Look Out Circular (LOC) against Chinese national Guanhua Wang, one of the main accused in the mega online Ponzi scam.

The Economic Offences Wing of Delhi police has registered a case against former Bharat pe managing Director Ashneer Grover, his wife and others "for using company funds inappropriately. Read further on Dynamite News:

The Economic Offences Wing (EOW) has informed Madras High Court of having constituted a Special Investigation Team (SIT) to investigate the charges of Universal Trading Solution Private Limited, a firm based in Coimbatore, of having cheated nearly 73,000 depositors in Tamil Nadu, Puducherry, Kerala and Karnataka to the tune of…

“We have heard so much about frauds, but never thought it would happen to us. There is no employment these days and this seemed like a good package. But we were made fools,” said Dilshad Ahmed, a 30-year-old, who is among 300 people allegedly duped through a job recruitment scam.