Bhubaneswar: The Economic Offences Wing (EOW) of the Crime Branch has arrested Ambitious Diversified managing director (MD) Kunal Tiwari in Kolkata
The EOW has brought him to Bhubaneswar on transit remand. Tiwari was arrested on the charges of allegedly duping people of Rs 10 crore though his chit fund company.
The Kolkata-based chit fund firm named has allegedly duped people of crores of rupees in different parts of the State including in Ganjam district too.
The company had opened branches in different parts of the State. Its top functionaries were Omkar Singh of Kharagpur (MD), Kunal Tiwari of Kolkata (Chairman), Arshad Hussain of Howarah (Director) and Mriganka Sekhar Chakravary of Upper Chelidanga (Deputy Director), sources said.