CB freezes accounts

Published: 17th August 2012 11:35 AM  |   Last Updated: 17th August 2012 11:35 AM   |  A+A-

The Economic Offences Wing of the Crime Branch on Thursday froze 20 accounts of Ashore Group of Companies which has come under its scanner for allegedly duping investors.

At least Rs  53 lakh parked in these accounts was also attached by the CB which had raided the offices of the multi-disciplined business enterprise. The raids were focused at company offices at Balasore and Bhubaneswar.The CB has slapped cases of cheating over company’s illegal money circulation business and arrested four senior executives.


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