Co-operative official held in a Rs 75 lakh fraud case

Odisha Vigilance arrested the managing director of a cooperative society for allegedly embezzling Rs 75 lakh by manipulating records between 2024 and 2026.

Odisha Vigilance arrested a cooperative official for his alleged involvement in a Rs 75 lakh fraud case.

The vigilance on Thursday arrested Tarini Prasad Tripathy, managing director of K Singhpur Large Area Multi-Purpose Co-operative Society (LAMPCS) in Rayagada district. Tripathy is accused of embezzling LAMPCS funds amounting to Rs 75 lakh, said a vigilance officer.

During the investigation, the department found that the fraudulent activity took place between 2024 and 2026.

Tripathy allegedly executed the fraud by systematically manipulating official records and defrauded the money of the LAMPCS.

In this connection, a case has been registered at Koraput vigilance police station under the Prevention of Corruption Act, 2018/BNS, 2023 against the managing director of K Singhpur LAMPCS, the officer said.