Postmaster arrested for diverting deposits to chitfunds

Suresh Kumar Kar allegedly diverted deposits made by people to Golden Forest

Saradha investors throng its offices
Press Trust of India Kendrapara
Last Updated : Jun 08 2013 | 2:43 PM IST
A postmaster, who allegedly diverted deposits to a local chitfund company which closed down, was today arrested from a village in Odisha's Kendrapara district, police said.

Postmaster Suresh Kumar Kar allegedly diverted deposits made by people to the Golden Forest chitfund company which closed its office, they said.

Kar was arrested on a complaint filed by a depositor Nrusingha Charan Mohanty, whose deposit of Rs 1.70 lakh was swindled by the chitfund company.
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First Published: Jun 08 2013 | 2:36 PM IST

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