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
India defence budget hike
Defence Secretary Signals 20% Budget Boost for FY26 For Make in India Vision Amid Regional Security Concerns
1600x960_424828-cbic
IRS Officer Vivek Chaturvedi Becomes New CBIC Chairman, Replacing Sanjay Kumar Agarwal – All You Need to Know
Operation Sagar Bandhu
Operation Sagar Bandhu: Indian Navy Mobilizes Relief as Cyclone Ditwah Wreaks Havoc in Sri Lanka Under MAHASAGAR Vision
Mohit Bansal GMI Infra
Mohit Bansal and the Rise of GMI Infra: How One Vision is Reshaping the Growth Story of North India
Menstrual shaming
Menstruation Is No Shame: SC Bench Seeks Rules to Protect Women’s Dignity, Privacy and Health
Oerlikon Skyshield
From Guns to Smart Guns: Indian Army Evaluates Oerlikon Skyshield for Modern Drone & Missile Threats
Indian Bank
Indian Bank Announces Resignation of Shareholder Director Pradeep Kumar Malhotra, Citing New Compliance Guidelines
DGP-IG Conference 2025
DGP-IG Conference 2025: Ghazipur Police Station Crowned Best in India; Pehergaon and Kavitla Police Stations Achieve Second and Third Ranks
ADVERTISEMENT
ADVERTISEMENT
Videos
Sanjay Shintre
How Investment Scams Target You: IPS Sanjay Shintre Explains
IPS Sanjay Shintre
Digital Arrest Fraud: Inside the Rising Cybercrime Targeting Elderly Victims in India
IPS Syed Waquar Raza
Escaped Narrowly In Naxal Ambush, Got Injured In Communal Riots, This IPS Officer Is Living Under Constant Fire
ADVERTISEMENT
UPSC Stories
IAS Smit Panchal
Meet IAS Smit Panchal a First-Generation Graduate Who Secured AIR 30
The inspiring UPSC journey of IAS Smit Panchal: from Gujarati-medium beginnings and financial hardship...
Devesh Sahu SGPSC 24
From Interview Rejections to Rank 1: How Devesh Kumar Sahu Topped CGPSC 2024 in His 4th Attempt (Exclusive)
From repeated interview failures to Rank 1, Devesh Kumar Sahu’s CGPSC 2024 journey shows how discipline,...
IPS Mohibullah Ansari
The Boy Who Was Told He Would Fail - Now a 2021-Batch IPS Officer
IPS Mohibullah Ansari’s life proves that success in UPSC doesn’t belong to “geniuses” — it belongs to...
Social Media
elephant rescue Karnataka
Heroic Karnataka Elephant Rescue: How a 28-Hour “Impossible Mission” Became a Triumph of Wildlife Care, IFS Parveen Kaswan Shares Video
A trapped elephant was rescued after 28 hours in Karnataka through a massive, expertly coordinated Forest...
IFS leaf-whistling viral video
IFS Officer Shares Video of Tiger Reserve Guide’s Leaf-Whistling Talent, Internet Tries to Guess the Tune
Jaldapara National Park Guide Shows Extraordinary Leaf-Whistling Skills, Goes Viral
Shalabh Sinha IPS Singing
Who is IPS Shalabh Sinha? The Bastar SP Whose Kishore Kumar Rendition Took Social Media by Storm
IPS officer Mr. Shalabh Sinha’s soulful performance of “Rimjhim Gire Sawan” at Dalpat Sagar goes viral,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
India defence budget hike
Defence Secretary Signals 20% Budget Boost for FY26 For Make in India Vision Amid Regional Security Concerns
1600x960_424828-cbic
IRS Officer Vivek Chaturvedi Becomes New CBIC Chairman, Replacing Sanjay Kumar Agarwal – All You Need to Know
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Sanjay Shintre
IPS Sanjay Shintre
IPS Syed Waquar Raza
ADVERTISEMENT
ADVERTISEMENT