Kolkata: The Enforcement Directorate (ED) files first charge sheet on Tuesday against the Rose Valley group in connection with its probe in the ponzi scam allegedly perpetrated by consortium of companies belonging to the group.
ED files charge sheet in CBI’s special court today. The Rose Valley Group chairperson Gautam Kundu and Rose valley hotel entertainment are mentioned in the charge sheet.
Already ED attached Rose valley’s property in this ponzi scam. According to sources, while Kundu had mopped up Rs 17,520 from the market he had been returning investors’ money periodically. The group has so far returned more than Rs 10,500 crore to investors including interest payments.