Skip to content Skip to navigation

Fake chit fund company agent arrested

At a time when chit fund companies are sealed for duping crores of public money and a strict tab are kept on functioning chit fund companies. Unscrupulous people are still duping common village people in remote areas.

A similar incident came to light when Panery police on Thursday arrested a con-man  who claimed to be business associate and agent,  of multiple USA based chit fund company namely ETC & Ahana and Lordo Trading Community and World USA.

The accused Purandar Prasad Kharkare(47)a resident of Hatigar TE under Panery PS had allegedly duped more than 80 people of at least Rs 9  lakhs from April-July of this year.

The accused reportedly mostly targeted semi-literate people from low-income groups like daily labourers and rag-pickers to invest in the chit fund companies.
The accused asked investors to deposit the amount in a individual's account namely Santosh Bhagat a resident of Jharkhand.

The duo in the name of PM Modi's Digital India scheme convinced local residents to invest their hard-earned money in the chit fund with the promise that the company pays 42% weekly interest . Though intially some of the investors were returned high interests,others were given fraudulent excuses.

The duo cleverly chose their victims mostly tea tribe daily wage earners because the underprivileged lot wouldn’t have the means to take them to court. A victim Jual Karkare deposited 1.30 lakhs while another Govind Sarma deposited 75 thousand in dream of attractive incentives to account of Santosh Bhagat (59021011000619).  On the basis of F.I.R filed by victim Jual Karkare

SDPO Bhergaon after preliminary investigation arrested Purandar Prasad Kharkare “The arrested is accused of swindling local residents of more than Rs 9 lakhs by offering attractive incentives. Each investor lost between Rs 15000 and Rs 1 lakh. Though Santosh Bhagat the account bearer withdrew all amount a cash amount of only Rs.18000 is currently in the account. We have launched a probe,” said the police officer.

Author info

Shajid Khan's picture

Recipient of The Annual Colosseum Awards 2014 & 2015 (by The Assam Tribune group), Shajid Khan is an Independent journalist based in Assam. He has contributed numerous political, socio-political stories for bountiful national,international as well as Assam based publications including The New York Times,Firstpost,The Telegraph. He also pens down analytic commentary on print and web based publications.

Add new comment

Random Stories

DDK Guwahati to starts weekly environmental programme from June 5

4 Jun 2010 - 3:21pm | Mowsam Hazarika
Doordarshan Kendra, Guwahati will starts weekly environmental programme from June 5 to mark the World Environment Day. The duration of the programme will be half an hour. Dr. Krishna Gopal...

Rhino killed in Kaziranga again

18 Jul 2014 - 10:28pm | AT News
 After a brief halt poachers have struck again in Kaziranga where yet another rhinoceros was killed. Forest guards found the hornless carcass in Kohora during their routine visit sending shock...

PWD scam puts Tuki in trouble

21 Aug 2015 - 6:07pm | AT News
A huge PWD scam that rattles Arunachal Pradesh puts Chief Minister Nabam Tuki in big trouble. The Gauhati High Court on Friday asked the Central Bureau of Investigation to probe Tuki’s role in the...

Peace Rally at Maibang

21 Oct 2011 - 1:47am | Anup Biswas
In protest against the attacks on innocent people by Hill Tiger Force (HTF), All Dimasa Youth Organization B Hagjer club, Jalai Khurang Club, Green Hills Society, All Dimasa Women Forum and...

Other Contents by Author

Udalguri: Eid-ul-Fitr was a joyous occasion in Tangla and surrounding areas of Udalguri district on Thursday. Muslims from Panery, Dimakuchi, Garuajhar, Ghagra, and Kalaigaon came together to celebrate the end of Ramadan. Dressed in their finest ethnic wear, men and children thronged Eidgahs for special prayers. Hundreds gathered at the Bara Masjid Idgah Maidan and Banseria Eidgah Maidan in Tangla. Special sermons reflected on the significance of Ramadan fasting and emphasized the importance of communal harmony. Children, especially, added to the festive spirit with their colorful outfits and excitement. A key aspect of Eid is Fitra, a charitable donation to the underprivileged....
Udalguri: With the 2024 Lok Sabha elections looming, political fervor has gripped Udalguri-Darrang constituency as major parties announce their contenders. The Bharatiya Janata Party (BJP), Bodoland People’s Front (BPF), and Indian National Congress (INC) have showcased their nominees, setting the stage for a gripping electoral battle. Incumbent Mangaldoi Lok Sabha MP Dilip Saikia will represent the BJP, while the BPF has put forward Kalaigaon MLA and seasoned politician Durga Das Boro. Meanwhile, the INC, part of the 15-party United Opposition Forum Assam (UOFA), has nominated former two-time parliamentarian Madhab Chandra Rajbongshi. The contest is expected to be predominantly...
Udalguri: With the 2024 Lok Sabha elections looming, Assam finds itself embroiled in a controversy following the alleged disappearance of a Voter Verifiable Paper Audit Trail (VVPAT) machine in Bhergaon of Darrang-Udalguri Lok Sabha seat. The incident, which has raised questions about the efficacy of security measures implemented by election officials, comes just ahead of the first phase of polling scheduled for April 19. Assam is set to witness voting in three phases for a total of 14 Lok Sabha seats. According to reports, during the segregation of machines assembly segment wise after the initial randomization process, one VVPAT machine bearing the unique ID EVTEB96784 was discovered...
Tea giant Goodricke Group launched four exclusive brands of Assam Single Estate Tea at the Guwahati Tea Auction Centre Tea Lounge on Friday, commemorating 200 years of the Assam tea industry. The range comprises select teas from four of Goodricke Group's tea estates, namely Dejoo, Harmutty, Amgoorie, and Borbam TE located in the Brahmaputra Valley. The Assam single estate range includes both CTC and Orthodox teas, crafted with the finest handpicked leaves and named after their tea gardens. The four varieties offer malty and musky notes and are the preferred choice for tea sommeliers for their rich texture, smoothness, and full-bodied liquor. At the launch event, Atul Asthana, MD and CEO...
Udalguri: Assamese novelist and Sahitya Akademi Awardee, Arupa Kalita Patangia’s son Rajarshi Kalita succumbed to COVID-19 related complications in New Delhi on Wednesday evening. He was undergoing treatment for the past 5 days at a private hospital in Delhi leaving behind his wife and a son. He was 41. Rajarshi Kalita son of retired professors of Tangla College ,Rajen Kalita and Arupa Patangia Kalita was serving as an Assistant Professor at Shyam Lal College under Delhi University. Various organizations and institutions have condoled the untimely demise of the academically bright youth. Former Rajya Sabha MP, Santiuse Kujur,AASU Vice-President, Jayanta Kumar Bhattacharjya...
    Guwahati: Assam Pradesh Congress Committee (APCC) President and Congress top gun ,Ripun Bora has stepped down from his post and resigned from the top post owning responsibility for the party’s debacle in the assembly election. Following the party’s poor show, Bora dashed off  a letter to All India Congress Committee(AICC)  President Sonia Gandhi tendering his resignation. The Congress leader tumbled down and lost from the Gohpur seat to BJP’s Utpal Borah by a margin of over 29,000 votes. “I do hereby tender my resignation from the post of president, Assam Pradesh Congress Committee, owning the responsibility of the humiliating defeat of my party in the Assam...
        Udalguri:  Bharatiya Janata Party (BJP) leader and member in the Rajya Sabha from Assam, Biswajit Daimary won  by a landslide margin of over 35,000 votes defeating his arch-rival Karuna Kanta Swargiary of Bodoland People’s Front (BPF) from Paneri LAC constituency. In the 2011 Assam assembly elections, Kamali Basumatari of BPF won from the constituency defeating Santiuse Kujur of India National Congress (INC) by a margin of 556 votes.In the 2016 state assembly elections, Kamali Basumatari again won from the constituency defeating independent candidate Nanda Ram Baro by a margin of 15,802 votes but this time the incumbent MLA from Paneri...
Guwahati: A Facebook post just before 7 hours of massive earthquake which jolted Assam and some NE states is doing rounds in the social media,  According to reports  Sasanka Talukdar, a budding journalist  of Pathsala in Bajali district of Assam had  posted in his Facebook account on Wednesday (April 28)  "Earthquake Aaayga"(sic) which have garnered 189 shares in Facebook . "There are scientific phenomenos before it happens I anticipated it after 11 pm. Sometimes heat gas like water vapor comes out from the soil and there also seems that the oxygen level decreases." Brand Ambassador of Forest and Environment department of Assam, Ananda Khataniiyar said, "As...
Guwahati: The National Investigation Agency (NIA) have filed chargesheet  on Friday before the NIA special court in Guwahati against three National Democratic Front of Boroland (NDFB) militants in connection with the killing of Gulzar Hussain, then additional SP, Sonitpur, on January 28, 2014 allegedly by NDFB terrorists. The three accused identified as Bishnu Narzary alias Berama,  Nitul Daimary alias Naihab and Runiluish Diamary alias Monthai were booked under section 16,18,20 of Unlawful Activities (P) Act read with section 34,120B,302,307 and 326 of Indian Penal Code and section 27 of Arms Act.  The case was initially registered as FIR No.61/2014 dated 28.01.2014...
Udalguri: The pre-poll dynamics of Bharatiya Janata Party(BJP) and United People's Party Liberal(UPPL) in regard of seat sharing of the 12 Assembly seats of the four districts of the Bodo belt have not gone well with the ticket aspirants and party workers of a section of UPPL party in Udalguri district who have expressed resentment and staged protest demonstration against the BJP and burnt effigies of NEDA convenor Dr. Himanta Biswa Sarma; BJP National General Secretary and Mangaldoi Lok Sabha MP,Dilip Saikia and Rajya Sabha MP cum BJP candidate of Paneri LAC , Biswajit Daimari at Bhergaon in Udalguri district on Saturday. The party workers renting slogans against the BJP accusing them...