Bhubaneswar, Nov 10:  The Economic Offences Wing (EOW) apprehended Sushil Kumar Tudu, the founding member and Jharkhand head of STA India in connection with a ponzi-scam.

In this ongoing case, three individuals, including India Head Gurtej Siddhu, have been previously arrested, and a lookout circular (LOC) has been issued against four accused, among them a Hungarian national named David Gej.

Tudu held a significant position as the founding member of STA, directly linked to country head Gurtej Singh. He served as the state head of STA for Jharkhand and was also connected as an immediate superior to Nirod Kumar Das, the state head of Odisha.

STA, known as Solar Techno Alliance, launched in September 2021, presents itself as a comprehensive solar technology service, leveraging blockchain technology to enable users to conveniently order products from nearby farmers.

Investigations revealed that STA, through certain influential members, actively operated in several districts, utilizing various persuasive tools to lure people into joining the scheme, promising substantial earnings in a short period. These members started integrating the STA token into their daily transactions. It's estimated that over 10,000 individuals from Odisha have joined this scheme, which boasts a membership exceeding 2 lakh across India, spanning states like Punjab, Rajasthan, Bihar, Haryana, Delhi, Madhya Pradesh, Maharashtra, Odisha, and Assam.

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