Seashore Chit Fund Scam: Brother of Prashant Dash Arrested

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Bhubaneswar, Jan 24: The CBI on Saturday arrested Pravat Dash, brother of Seashore Group CMD Prashant Dash, in connection with the mega chit fund scam in Odisha.

Pravat Dash was arrested following interrogation this morning. He was asked about alleged misuse of the amount Rs 3 crore transferred to his account.

The arrest came days after BJD MP from Balasore Rabindra Jena was grilled by the CBI for his alleged links with the Seashore Group, a major player in the chit fund scam. The firm has duped thousands of depositors alluring them of big returns.

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