https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Former IPS Officer D.K. Panda Alleges Rs 381 Crore Fraud Linked to Terrorism

IPS Panda, who retired from the Indian Police Service in 2005, detailed the ordeal in a complaint filed on October 25.
Indian Masterminds Stories

Mr D.K. Panda, a 1971 batch IPS officer and former Inspector General of Police known for his transformation into ‘Doosri Radha,’ has lodged a complaint with the Dhoomanganj police station, alleging that unknown individuals have duped him of ₹381 crore.

In his complaint, Panda has requested that the investigation be handed over to the Central Bureau of Investigation (CBI) or the National Investigation Agency (NIA), citing potential links to terrorism.

Panda, who retired from the Indian Police Service in 2005, detailed the ordeal in a complaint filed on October 25. He claimed that he received a threatening WhatsApp voice call from an individual identifying himself as Arav Sharma, who allegedly operates from Nicosia, Cyprus. According to Panda, Sharma claimed to work for the Cyprus Securities and Exchange Commission (CySEC) and threatened him with criminal implications if he did not comply with demands related to his alleged investments.

The former IPS officer reported that he had engaged in online trading with the Finnix Group, where he initially made significant profits. However, he claims that despite withdrawing the funds, they were never credited to his bank account. Instead, he was confronted with demands for various fees, including taxes and transaction costs.

Panda alleged that when he refused to pay an additional ₹8 lakh requested by Sharma, he was met with threats that his personal documents would be misused for terrorist activities. In his complaint, he expressed concern about the identity of the individuals involved, emphasizing that he had requested proof of identity but received no satisfactory response.

Panda’s claims of terror links prompted him to urge authorities for a thorough investigation, asserting that the matter warranted the attention of higher investigative agencies. The police have since registered a case under relevant sections pertaining to criminal intimidation and cheating.

The investigation into the case is ongoing, and authorities are exploring the claims made by the former police official to ascertain the legitimacy of the threats and the alleged fraud.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Telangana Police Association Election: DGP C.V
Telangana Police Association Election: DGP C.V. Anand Orders Early Process, Cites Welfare Importance
Chhattisgarh CM Calls Environmental Protection a Moral Responsibility Towards Future Generations, Urges Sustainable Development
Chhattisgarh CM Calls Environmental Protection a Moral Responsibility Towards Future Generations, Urges Sustainable Development
Punjab Govt Celebrates Mai Bhago AFPI Success; Cadets Excel in NDA and AFCAT Entrance Exams
Punjab Govt Celebrates Mai Bhago AFPI Success; Cadets Excel in NDA and AFCAT Entrance Exams
uttarakhand_police_
Uttarakhand Police Major Reshuffle: 9 IPS and 9 PPS Officers Transferred; Nivedita Kukreti Becomes IG Kumaon
Rajasthan’s Governance and Energy Agenda Strengthens as Chief Secretary Meets Coal India CMD
Rajasthan’s Governance and Energy Agenda Strengthens as Chief Secretary Meets Coal India CMD
Om Birla
IPS Officer Shobhit D Saksena Appointed DCP Outer North Delhi After Serving in Jammu and Kashmir
cm-dhami-launches-development-projects-worth-rs-96-71-crore-in-nainital-2
CM Dhami Launches Development Projects Worth ₹96.71 Crore in Nainital, Announces Key Initiatives for Bhimtal
cm yogi
UP Govt Approves Three New Cities in Agra, Bareilly and Prayagraj Under ₹225 Crore Urban Expansion Plan
ADVERTISEMENT
ADVERTISEMENT
Videos
ajay suri
When The Entire Film Crew Was At The Mercy of King Cobra
Manisha Khatri
How IAS Officer Manisha Khatri IS Turning Nashik Kumbh 2027 Into A Digital Mega City
Vikas Vaibhav
How IPS Officer Vikas Vaibhav Turned a Dream Into Bihar’s Biggest Youth Movement
ADVERTISEMENT
UPSC Stories
IFS Akshat Singhal
Cracked UPSC CSE, IFS and Engineering Services: The Inspiring Journey of Akshat Singhal While Balancing a Full-Time Job
Rajasthan's Akshat Singhal Balanced a Demanding Government Job, Multiple UPSC Attempts and Personal Sacrifices...
Bhoomika Jain UPSC CSE 2025
A First for Generations: Bhoomika Jain Clears UPSC CSE 2025 After Two Failed Attempts
Bhoomika Jain from Satna secured AIR 331 in CSE 2025 after clearing the exam in her third attempt. Read...
devangi meena
Devangi Meena: The UPSC Candidate Who Stopped Studying to Start Understanding Herself
After failing to clear Prelims three times, Devangi Meena transformed her approach, conquered self-doubt,...
CSR NEWS
NCL
NCL Signs ₹25 Lakh MoU with Singrauli Administration for Jal Ganga Sanvardhan Abhiyan Water Conservation Project
CSR initiative to build three ponds in Chitrangi block aims to boost groundwater recharge, irrigation...
DVC
DVC Donates 2 Ambulances in Koderma to Boost Rural Emergency Healthcare Services Under CSR Initiative
In collaboration with NGO Pehchan, Damodar Valley Corporation strengthens healthcare access in Jharkhand...
DFCCIL
DFCCIL MD Praveen Kumar Reviews EDFC Infrastructure, Safety, CSR and Employee Welfare During Dadri–Sahnewal Inspection
Dedicated Freight Corridor Corporation of India Limited strengthens freight operations with infrastructure...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Telangana Police Association Election: DGP C.V
Telangana Police Association Election: DGP C.V. Anand Orders Early Process, Cites Welfare Importance
WhatsApp Image 2026-06-06 at 7.18
Development on Trial as Judiciary Weigh Growth Against Ecology
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
ajay suri
Manisha Khatri
Vikas Vaibhav
ADVERTISEMENT
ADVERTISEMENT