Archive · 7 Nov 2025
Maharashtra Man Arrested for Duping Odisha Investor
A man from Maharashtra has been arrested by the police in Odisha.
He is accused of tricking another person into giving him a lot of money, over 26 lakh rupees.
The man promised to make the money grow quickly by investing it in special stock deals.
But instead of making money for the investor, he kept it all.
The police are now investigating this case.
A 30-year-old man from Maharashtra, Savyasachi Pisolkar, has been arrested by Odisha Police.
He is accused of duping Shakti Shankar Panda, an investor from Bhubaneswar, of Rs 26.21 lakh.
Pisolkar allegedly promised high returns on investments in IPOs and block trades through a trading app.
The victim learned about the app through a WhatsApp group.
The Cyber Crime unit made the arrest based on the complaint filed by the investor.
- Who
- Savyasachi Pisolkar (30) from Nashik, Maharashtra, arrested by Odisha Police.
- What
- Arrested for allegedly duping an investor (Shakti Shankar Panda) of Rs 26.21 lakh by promising high returns on investments.
- When
- Arrested based on a complaint lodged by the victim.
- Where
- The arrest was made in Nashik, Maharashtra, by the Odisha Police Cyber Crime unit.
- Why
- Alleged duping of an investor through a trading app promising high returns.
- Accused
- Savyasachi Pisolkar (30)
- Victim
- Shakti Shankar Panda (41)
- Amount Duoped
- Rs 26.21 lakh
- Location of Arrest
- Nashik, Maharashtra
- Alleged Modus Operandi
- Promise of high returns via trading app, IPOs, and block trades