Actor Govinda to Be Questioned by Odisha EOW in ₹1000 Crore Online Ponzi Scam Case: Report
By MYBRANDBOOK
● The Economic Offences Wing (EOW) will soon question Bollywood actor Govinda in connection with a Rs 1000 crore online ponzi scam case, according to reports.
● EOW stated that at present, Govinda is neither a suspect nor an accused. He will only be questioned.
● Solar Techno Alliance's (STA-Token) online presence in several countries was illegally operating a pyramid-structured online Ponzi scheme under the garb of crypto investment.
● Govinda reportedly endorsed the company, attended its grand function in Goa in July, and promoted the company in some videos.
● the Bureau of Immigration, issued Look out Circulars (LOC) against three top-up-line members who are also among the main accused persons
● LOC was issued against a Hungarian national, who is the global head of the scam.
● The EOW estimated that more than 10,000 people from Odisha have already been members of this scheme
Bollywood actor Govinda will soon be questioned by the Odisha Economic Offences Wing (EOW) in connection to their probe into the Rs 1000 crore online ponzi scam. The actor reportedly endorsed the company which has been found guilty of running the pan-India scam.
As per reports, a company named Solar Techno Alliance, which had a presence in several countries across the globe operated an online ponzi scheme under the pretense of cryptocurrency investment. The company reportedly collected deposits without Reserve Bank of India authorization from over 2 lakh people across the country and raised a whopping Rs 1000 crore.
The EOW estimated that more than 10,000 people from Odisha have already been members of this scheme. This scheme/scam has more than two lakh members (Pan India) mainly in states like Punjab, Rajasthan, Bihar, Jharkhand, Haryana, Delhi, Madhya Pradesh, Maharashtra, Odisha, and Assam.
According to a report in a national newspaper, authorities at the EOW stated that at present, Govinda is neither a suspect nor an accused. He will only be questioned because he had endorsed STA in a few videos, and the officials will try to find more clues about the scam from his statement.
Govinda had attended a mega event hosted by STA in Goa in July this year and thus, a team of Odisha EOW will reach Mumbai soon to question the actor regarding his association with the company. The officials added that if Govinda's role in the case is only limited to being an endorser of the company as per a valid agreement, then he will be made a witness in the case.
Govinda is yet to issue an official statement about his involvement in the case.
On the work front, Govinda was last seen in the 2019 film Rangeela Raja, in which he played a double role. While he has been keeping away from films for quite some time now, he is often spotted appearing on reality shows and events as a special guest.
Earlier this year, he was also seen enthralling the audience with his trademark dance steps at the Filmfare Awards, and he was seen shaking a leg with his 'Partner' Salman Khan.
BREAKING NEWS
TECHNO TRENDS
OpenAI to bring out its GPT Store in early 2024
Microsoft-backed AI startup OpenAI during its first ever Devday developer...
IBM debuts next-generation quantum processor
At the annual IBM Quantum Summit in New York, IBM debuted ‘IBM Quantum...
Accenture unveils specialized services to help companies scale
Accenture has unveiled a comprehensive set of new services designed to hel...
Amazon signs SpaceX as launch partner for internet satellite
Amazon.com enters into an agreement with its competitor SpaceX for three...
E-Magazine
TECHNOTAINMENT
Vicky Kaushal's Special Delivery on Zomato
Zomato, India’s food ordering and delivery platform, has joined forces
Clensta aims to expand to 20K offline touch-points by fiscal e
Personal care startup Clensta, has said it aims to expand its offline reta
MOVERS & SHAKERS
Casa Systems Appoints Former Cisco India MD Sanjay Kaul as Chi
Casa Systems, a leading provider of cloud-native network solutions for Tier
Zscaler appoints two tech industry leaders
Zscaler is reinforcing its investments in Artificial Intelligence (AI) wit
OPEN YOUR EYES
INTERVIEWS
Forcepoint positions itself as a trusted protector of sensitiv
To help SMEs and SMBs use the SASE/SSE framework and scale both in terms of
MEASURE AND IMPROVE YOUR SECURITY POSTURE WITH KEYSIGHT
Is your security team prepared for the next cyber-attack? Are your security
HOT PICK
Oppo, Hasselblad to co-develop next-gen HyperTone cameras
Chinese smartphone maker Oppo and camera manufacturer Hasselblad have ann
ASUS rolls out ExpertBook B9 OLED, B56 OLED and B54
ASUS announced the all New ExpertBook B9, B56 OLED and B54 with 13th Gen I
MAKE IN INDIA BRANDS
LENOVO GROUP LTD.
MICROTEK INTERNATIONAL PVT. LTD.
AMARA RAJA POWER SYSTEMS LTD.
SAMRIDDHI AUTOMATIONS PVT. LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Technology Icons Of India 2023: Bharat Goenka
Bharat Goenka is the Managing Director of Tally Solutions. He is well ...
Technology Icons Of India 2023: Ritesh Agarwal
Ritesh Agarwal Founder & CEO of OYO Hotels & Homes-World’s fastest g...
Technology Icons Of India 2023: Sridhar Vembu
Sridhar Vembu is an Indian billionaire business magnate and the Founde...
PARTNER SPEAKERS
PSU
CERT-IN protecting the cyber security space of India
CERT-In serves in the area of cyber security threats like hacking and ...
HPCL is transforming the energy landscape, across the nation and beyond
HPCL is world-class energy company known for caring and delighting the...
BBNL empowering rural India digitally
BBNL provide high speed digital connectivity to Rural India at afforda...
VIDEOS
Top 25 Brands
Value-Added Distribution
TECHNOBIND SOLUTIONS PVT. LTD.
TechnoBind’s business model is focused on identifying and partnering...
NETPOLEON SOLUTIONS
Netpoleon Group is a Value-Added Distributor (VAD) of Network Security...
BEETEL TELETECH LTD.
: Beetel is one of the oldest and most reputed brands in the Industry,...
SIITF 2023
SNA 2023
CMO of the Year
WOMEN LEADERSHIP
EMINENT CIO's OF INDIA
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
