Wednesday, December 04, 2024
Advertisement
  1. You Are At:
  2. News
  3. Entertainment
  4. Govinda to be questioned in connection with Rs 1,000 crore online ponzi scheme | Deets inside

Govinda to be questioned in connection with Rs 1,000 crore online ponzi scheme | Deets inside

The Odisha Economic Offences Wing (EOW) said that they will question Govinda in connection with an online Ponzi scam probe of Rs 1,000 crore. Read to know the full details here.

Reported By : Namrata Dubey Edited By : Ridhi Suri
New Delhi
Published : Sep 15, 2023 14:14 IST, Updated : Sep 15, 2023 14:22 IST
Govinda
Image Source : FILE IMAGE Govinda

The Economic Offence Wing (EoW) of Odisha Crime Branch will soon question Bollywood actor Govinda in connection with a Rs 1000 crore online Ponzi scam. Sasmita Sahoo, the Deputy SP of EOW in Odisha Crime Branch, who is also the investigation officer in this case, has said that Govinda will soon be questioned for his alleged involvement in promoting the Solar Techno Alliance (STA). Govinda had reportedly endorsed the company's operations in some promotional videos. 

The EOW has arrested the company’s India and Odisha heads Gurtej Singh Sidhu and Nirod Das respectively on August 7. The company, according to the EOW, was involved in illegally operating a pyramid-structured online ponzi scheme under the garb of crypto investment. "We may issue summons to Govinda for appearing before the EOW for questioning or a team be sent to Mumbai for the purpose," said Sahoo, adding that the actor had attended STA’s grand function in Goa in July and promoted the company in some videos.

This scheme is believed to be one of the largest cryptocurrency-based Ponzi schemes in India, involving approximately Rs 1,000 crore. According to the police, more than 2 lakh people from across the country fell victim to this scam. The EoW has also issued lookout circulars against the company's chief David Gez, a Hungarian national and three others. Gez was heading the ponzi firm which allegedly lured people on social media to invest in crypto-currency and encouraged its members to enroll more investors. 

An official statement by the EOW said the company had reportedly collected Rs 30 crore from 10,000 people in Odisha’s Bhadrak, Keonjhar, Balasore, Mayurbhanj and Bhubaneswar.

ALSO READ: KBC 15: Can you answer THIS Rs 1 crore question about Hiroshima bombing?

ALSO READ: Cricketer Rashid Khan bumps into Ranbir Kapoor-Alia Bhatt in NYC, says 'Bollywood’s biggest...'

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Entertainment

Advertisement
Advertisement
Advertisement
Advertisement