Investors duped of nearly Rs 1 crore by fraudster promising high returns
Rourkela residents have accused Ashok Badaik of defrauding them of lakhs of rupees with promises of high investment returns. Over 20 complainants met Rourkela SP Nitesh Wadhwani, alleging Badaik's scheme, which lured investors through an online platform over 21 months. After initial assurances and weekly withdrawals, Badaik ceased communication, prompting police intervention.
Rourkela residents have accused Ashok Badaik of defrauding them of lakhs of rupees with promises of high investment returns. Over 20 complainants met Rourkela SP Nitesh Wadhwani, alleging Badaik's scheme, which lured investors through an online platform over 21 months. After initial assurances and weekly withdrawals, Badaik ceased communication, prompting police intervention.
