IMD issues four-day alert for heavy rain in JharkhandJharkhand: Latehar police’s tactical demolition of Naxal networks emerges as a pathbreaking counter-insurgency modelJharkhand HC orders JUIDCO to clear Harmu River Project dues with 10% interestJharkhand HC pulls up DCs for delaying bank recovery cases, issues statewide directionsLand ownership can’t be decided through mutation, says Jharkhand HC1. Police for Mafias, VIPs and retired officers while common citizens fend for themselves? Jharkhand minister seeks security policy overhaul 2. Jharkhand HC upholds life sentence of two convicted in Dhanbad judge Uttam Anand murder case and more storiesJharkhand HC upholds life sentence of two convicted in Dhanbad judge Uttam Anand murder caseJharkhand bids farewell to ex-minister Mannan Mallick; CM pays floral tribute

Jharkhand DGP forms SIT to probe Sovaran Comtrade investment scam

THE JHARKHAND STORY NETWORK   Ranchi, April 24: Director General of Police (DGP) of Jharkhand Anurag Gupta has ordered the formation of…

Jharkhand DGP forms SIT to probe Sovaran Comtrade investment scam

THE JHARKHAND STORY NETWORK

 

Ranchi, April 24: Director General of Police (DGP) of Jharkhand Anurag Gupta has ordered the formation of a Special Investigation Team (SIT) to delve into the alleged investment fraud perpetrated by Sovaran Comtrade Private Limited. The company is accused of deceiving numerous investors across the state by promising high returns on investments.​

In a high-level meeting held at the Police Headquarters Auditorium, the DGP reviewed the ongoing investigations into the case. Senior police officials, including regional inspectors general and superintendents of police from Palamu, Bokaro, Latehar, and Hazaribagh, participated in the meeting, either in person or via video conferencing.​

Stay informed. Get Jharkhand's top stories in your inbox.

Free. No spam. Unsubscribe anytime.

Also Read: School timings revised across Jharkhand amid rising heatwave concerns

The DGP emphasised the need for a thorough investigation, urging the use of modern technology and data analysis tools to scrutinise the evidence provided by the victims. He directed the investigators to expedite the process and ensure that the perpetrators are brought to justice promptly.​

Advertisement
Advertisement

The SIT will focus on uncovering the extent of the fraud, identifying all individuals involved, and recovering the defrauded funds. Authorities have appealed to the public to come forward with any information related to the case.​

This move comes in the wake of increasing reports of financial scams in Jharkhand, highlighting the need for stringent measures to protect investors and uphold financial integrity in the state.​

 

Advertisement
Advertisement

 

More from Breaking
IMD issues four-day alert for heavy rain in Jharkhand

IMD issues four-day alert for heavy rain in Jharkhand

July 15, 2026
Jharkhand: Latehar police’s tactical demolition of Naxal networks emerges as a pathbreaking counter-insurgency model

Jharkhand: Latehar police’s tactical demolition of Naxal networks emerges as a pathbreaking counter-insurgency model

July 15, 2026
Jharkhand HC orders JUIDCO to clear Harmu River Project dues with 10% interest

Jharkhand HC orders JUIDCO to clear Harmu River Project dues with 10% interest

July 15, 2026

Stay informed. Get Jharkhand's top stories in your inbox.

Free. No spam. Unsubscribe anytime.

About the Author

Suman Shrivastava