Investor Kidnapping Incident in Odisha: Share Trader Rescued

In a shocking incident in Odisha, a share trader was kidnapped by a group of investors after he failed to return their money. The police launched a successful rescue operation, freeing the trader after 12 hours and arresting all seven kidnappers. The trader had previously attracted many investors with promises of quick profits, but a sudden market crash led to significant losses. Authorities are investigating the case further, ensuring no fraud was involved in his business dealings. Read on for more details about this unfolding story.
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Investor Kidnapping Incident in Odisha: Share Trader Rescued

Kidnapping of Share Trader in Odisha

A group of investors in Cuttack, Odisha, reportedly kidnapped a share trader due to his inability to return their funds, according to police reports.


The trader, identified as Soumya Ranjan Behera, aged 31, was rescued from Kendrapara city after a 12-hour operation on Monday. Authorities confirmed that all seven kidnappers have been apprehended.


Police Commissioner S. Dev Dutta Singh stated that Behera was actively involved in share trading between 2019 and 2022 and had established an office in Kharavela Nagar. He noted that many individuals were lured into investing in the stock market through Behera's promises of substantial profits in a short time.


However, Singh explained that a sudden and severe downturn in the market led to significant financial losses for Behera, preventing him from returning the investors' money. He added that no fraud has been detected in Behera’s business operations so far. The arrested individuals are residents of Kendrapara district, and authorities have seized a car and four motorcycles from them.


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