ED restitutes ₹2.29 crore to defrauded investors of Rose Valley Group

ED restitutes ₹2.29 crore to defrauded investors of Rose Valley Group

Rose Valley Chit Fund Group Chairman Goutam Kundu | Photo Credit: PTI The Enforcement Directorate (ED) officials and Asset Disposal Committee (ADC) disbursed 2.29 crore to over 3,700 people who were victims of the Rose Valley Ponzi Scheme scam. This is the fifth round of such payments which have affected lakhs of depositors. The ADC committee for Rose … Read more

Man defrauded by racketeers

Man defrauded by racketeers

The Vattappara police have registered a case in connection with a racket that defrauded one person of ₹70,000. According to the police, the case was registered on the basis of Karamcode native V. Vinod, who was purportedly swindled by unidentified persons who claimed to be representatives of a tour company. The complainant fell prey into … Read more