The places searched include the offices and residences of managing director Tarun Kumar Barui and directors Ranjit Santra, Susanta Mohapatra, Ananta Barik, and Parimal Biswas. The five places raided in Odisha include Bhubaneswar, Baleswar, Remuna, Baliapal and Jaleswar.
CBI has registered 44 FIRs in Odisha against as many chit fund companies.