This fraudster owns 150 Cars, 3,078 Bank Accounts, 700 Acres land and more
Advertisement
Advertisement
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:
Image Credit: Indiatimes
Advertisement
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- From terrace to table: 8 Edible plants you can grow in your home
- India fourth largest military spender globally in 2023: SIPRI report
- New study forecasts high chance of record-breaking heat and humidity in India in the coming months
- Gold plunges ₹1,450 to ₹72,200, silver prices dive by ₹2,300
- Strong domestic demand supporting India's growth: Morgan Stanley