This fraudster owns 150 Cars, 3,078 Bank Accounts, 700 Acres land and more
BI India BureauMar 18, 2016, 11.53 AM
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This is the biggest revelation on an Indian businessman who has been named as a fraudster.
Rose Valley Group's CMD Gautam Kundu’s businesses are spread across the nation, and include states like West Bengal, Odisha, Bihar, Assam, Punjab, Delhi, Rajasthan, MP, Tripura, Rajasthan, Jharkhand and Andhra Pradesh. It has 900 branch offices spread over West Bengal, Odisha, Bihar, Assam, Punjab, Delhi and Andhra Pradesh, and 3,078 bank accounts.
The investigating agency, ED has looked into the bank details of the firm. It revealed the group returned only Rs 900 crore to its investors on maturity.
Here’s more on Kundu and his ill businesses:
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