Rose Valley Scam

SEBI has ordered attachment of bank accounts as well as share and mutual fund holdings of Rose Valley Hotels and Entertainment Ltd

The Calcutta High Court today granted interim bail for seven days to Gautam Kundu, the main accused in the Rose Valley ponzi fund scam, as he sought to meet his ailing mother and minor child.

The CBI has filed a supplementary charge sheet against Rose Valley Real Estates and Construction Ltd, its chairman Gautam Kundu and others in connection with a ponzi scam allegedly perpetrated by it in Tripura, officials said on Friday.

The Enforcement Directorate (ED) today said it has taken "possession" of assets worth Rs 304 crore in connection with its money laundering case in the alleged Rose Valley ponzi scam that took place in West Bengal and Odisha.

In a key arrest by the Central Bureau of Investigation (CBI) in West Bengal's Rose Valley Ponzi scam estimated to be worth over Rs 15,000 crore, Shubhra Kundu, the wife of the firm's chairman Goutam Kundu was taken into custody in Kolkata on Friday.

Veteran Bengali actor and former Trinamool Congress MP Tapas Pal died of a cardiac arrest in a Mumbai hospital early this morning, his wife said. He was 61.

What could spell trouble for Bollywood superstar Shah Rukh Khan's wife Gauri Khan and actress Juhi Chawla's husband Jay Mehta, the Enforcement Directorate (ED) has attached Rs 70 crore bank accounts of Knight Riders Sports (KRSPL), St. Xavier's College, Kolkata, and others in connection with the Rs 17,520 crore Rose Valley chit fund scam probe.

The assets of Kolkata's St Xavier's College and two firms - one a company linked to an IPL cricket team promoted by actor Shah Rukh Khan - have been attached by the Enforcement Directorate in connection with the Rose Valley Ponzi scam, sources told NDTV.

The CBI on Thursday said it has transferred from the city four officers, three of them deputy superintendents of police and one inspector, who were involved in the investigations into the Saradha and Rose Valley ponzi scams and Narada tapes scam

CBI officers visited the West Bengal secretariat on Wednesday as part of its ongoing probe into the multi-crore Rose Valley chit fund scam.

The Enforcement Directorate on Friday questioned the CEO of Kolkata Knight Riders (KKR), owned by Red Chillies Entertainment and promoted by Bollywood superstar Shah Rukh Khan, in its probe into the money laundering case involving the Rose Valley Group, which sponsored the IPL team for two years.

Top West Bengal police officer Rajeev Kumar on Monday did not respond to CBI's summons in connection with the multi crore Rose Valley ponzi scheme case, officials in the agency said.

Trinamool Congress minister Partha Chatterjee has been summoned by the Central Bureau of Investigation in connection with its probe into the Rs 10,000 crore Saradha chit fund, sources said.

The Central Bureau of Investigation has asked Trinamool Congress lawmaker Derek O'Brien to appear before it next month in connection with the Rs 10,000-crore Saradha chit fund scam.

Popular Bengali actor Prosenjit Chatterjee is being questioned by the Enforcement Department in Kolkata for his association with the Rose Valley Group whose chairman is now in jail. This is the first time that the actor has been questioned since the chit fund scam broke out in 2013.

SEBI has ordered attachment of bank accounts as well as share and mutual fund holdings of Rose Valley Hotels and Entertainment Ltd

The Calcutta High Court today granted interim bail for seven days to Gautam Kundu, the main accused in the Rose Valley ponzi fund scam, as he sought to meet his ailing mother and minor child.

The CBI has filed a supplementary charge sheet against Rose Valley Real Estates and Construction Ltd, its chairman Gautam Kundu and others in connection with a ponzi scam allegedly perpetrated by it in Tripura, officials said on Friday.

The Enforcement Directorate (ED) today said it has taken "possession" of assets worth Rs 304 crore in connection with its money laundering case in the alleged Rose Valley ponzi scam that took place in West Bengal and Odisha.

In a key arrest by the Central Bureau of Investigation (CBI) in West Bengal's Rose Valley Ponzi scam estimated to be worth over Rs 15,000 crore, Shubhra Kundu, the wife of the firm's chairman Goutam Kundu was taken into custody in Kolkata on Friday.

Veteran Bengali actor and former Trinamool Congress MP Tapas Pal died of a cardiac arrest in a Mumbai hospital early this morning, his wife said. He was 61.

What could spell trouble for Bollywood superstar Shah Rukh Khan's wife Gauri Khan and actress Juhi Chawla's husband Jay Mehta, the Enforcement Directorate (ED) has attached Rs 70 crore bank accounts of Knight Riders Sports (KRSPL), St. Xavier's College, Kolkata, and others in connection with the Rs 17,520 crore Rose Valley chit fund scam probe.

The assets of Kolkata's St Xavier's College and two firms - one a company linked to an IPL cricket team promoted by actor Shah Rukh Khan - have been attached by the Enforcement Directorate in connection with the Rose Valley Ponzi scam, sources told NDTV.

The CBI on Thursday said it has transferred from the city four officers, three of them deputy superintendents of police and one inspector, who were involved in the investigations into the Saradha and Rose Valley ponzi scams and Narada tapes scam

CBI officers visited the West Bengal secretariat on Wednesday as part of its ongoing probe into the multi-crore Rose Valley chit fund scam.

The Enforcement Directorate on Friday questioned the CEO of Kolkata Knight Riders (KKR), owned by Red Chillies Entertainment and promoted by Bollywood superstar Shah Rukh Khan, in its probe into the money laundering case involving the Rose Valley Group, which sponsored the IPL team for two years.

Top West Bengal police officer Rajeev Kumar on Monday did not respond to CBI's summons in connection with the multi crore Rose Valley ponzi scheme case, officials in the agency said.

Trinamool Congress minister Partha Chatterjee has been summoned by the Central Bureau of Investigation in connection with its probe into the Rs 10,000 crore Saradha chit fund, sources said.

The Central Bureau of Investigation has asked Trinamool Congress lawmaker Derek O'Brien to appear before it next month in connection with the Rs 10,000-crore Saradha chit fund scam.

Popular Bengali actor Prosenjit Chatterjee is being questioned by the Enforcement Department in Kolkata for his association with the Rose Valley Group whose chairman is now in jail. This is the first time that the actor has been questioned since the chit fund scam broke out in 2013.