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Seashore Group CMD Prashant Das Surrenders Before Rourkela SDJM

24 September 2019


Rourkela: Scam-tainted Seashore Group CMD Prashant Dash surrendered before the Rourkela SDJM in connection with the case of duping investors, here on Tuesday. Dash was granted bail by the SDJM after the court proceeding. Earlier, Das was released on bail from Bhubaneswar's Jharpada jail in January 2018.

Seashore had opened a branch in Rourkela and had cheated investors worth Rs 4 crore. A total of 12 cases are pending against Das, his wife Jyotirani Sarangi and four others at different police stations in Rourkela.

The Orissa High Court had directed Dash to surrender before the lower court. Earlier, in 2013, Das was arrested by Crime Branch for his alleged involvement in the chit fund scam and sent to jail.