Archive · 24 Sep 2025
Odisha Court Sentences Man to 10 Years for Investment Scam
A man named Pabitra Kumar Sahoo tricked people into investing money with promises of high returns.
He pretended to be the head of a company and convinced people to invest in different schemes.
However, the company closed down and didn't give the investors their money back.
The court found him guilty and sentenced him to 10 years in jail.
The investigation was carried out by the Economic Offences Wing of Odisha Police after the Orissa High Court got involved.
The scam involved about Rs 14 crore.
Pabitra Kumar Sahoo was sentenced to 10 years in jail for an investment scam.
The scam involved deceiving investors out of approximately Rs 14 crore.
Sahoo represented himself as the Orissa Head of Vibgyor Allied Infrastructure Limited.
The fraud was perpetrated in 2015.
The Economic Offences Wing of Odisha Police investigated the case.
- Who
- Pabitra Kumar Sahoo
- What
- Sentenced to 10 years for an investment scam.
- When
- The sentence was announced recently; the fraud occurred in 2015.
- Where
- Odisha, India
- Why
- For deceiving investors and not paying their investments back.
- Accused
- Pabitra Kumar Sahoo
- Sentence
- 10 years rigorous imprisonment
- Crime
- Fraudulent investment scheme
- Amount of fraud
- Rs 14 crore
- Court
- Odisha OPID Act Court
- Investigation
- Economic Offences Wing of Odisha Police
- Year of Fraud
- 2015