Bhubaneswar, Bengal film producer Shrikant Mohta, who was arrested by CBI in the Rose Valley chit fund scam, was sent to jail on Friday.
He will be lodged at the Jharpada special jail in Bhubaneswar.
Earlier on Friday, Mohta was produced before a special court of Central Bureau of Investigation (CBI) here. Later, he was sent to judicial custody, said an official.
The CBI on Thursday arrested Mohta in Kolkata following his interrogation in the Rose Valley Chit fund scam.
Sources said Mohta allegedly siphoned off around Rs 24 crore in the name of producing films.
The fund was illegally collected from depositors by Rose Valley in West Bengal, Assam, Odisha and other states.
The CBI had attached assets including resorts, hotels, land parcels worth Rs 2,300 crore across districts of West Bengal.
The agency has been probing the diversion of funds from the Rose Valley Group’s deposit-taking companies.
Under the provisions of the Prevention of Money Laundering Act (PMLA), CBI had registered an FIR against the company and Chairman Gautam Kundu in 2014.
The investigating agency has already arrested Kundu and other Rose Valley officials.
