Published on: 12/16/2015

Meet the man, a fraudster who have 150 Cars, 3,078 Bank accounts, 700 acres of land area and significantly more

User Image Web Editor Last updated on: 12/18/2015, Permalink

In what could be termed as the greatest disclosure on an Indian Business man who has been named as a fraudster. According to a Monetary Times report, Rose Valley Bunch's CMD Gautam Kundu has a sum of 700 acres of land area spread crosswise over 12 states, 23 hotel properties, 150-odd autos, including twelve imported luxury vehicles, 900 branch workplaces and 3,078 bank accounts. 

The organizations are spread the country over; and incorporate states like West Bengal, Odisha, Bihar, Assam, Punjab, Delhi, Rajasthan, MP, Tripura, Rajasthan, Jharkhand and Andhra Pradesh. 

The directorate, then again, has begun posting the properties and resources however specialists have asserted plausibility of more belonging. They guarantee that the quantum of area Kundu possesses could be more than 1,000 sections of land. 

The gathering, in the previous couple of years, has picked up an abundance of Rs 15,400 crore-six times higher than what the repetitive Saradha gathering gathered from individuals in Bengal, Bihar and Odisha. 

The researching organization, ED which is presently investigating the grievances against the gathering, has gotten to the product and bank information of the organization. The bank subtle elements of the firm uncovered that the gathering returned just Rs 900 crore to its speculators on development. Yogesh Gupta, unique chief, ED, east affirmed to ET that it has documented a charge sheet in the matter. 

The rundown of Kundu's property, arranged by the exploring organization asserts that Kundu claims 15 sections of land in Assam, 10 sections of land in Madhya Pradesh, 110 sections of land in Tripura and around 100 sections of land in West Bengal. Additionally, it says that he put resources into East Midnapore, West Midnapore, Burdwan, Darjeeling, Jalpaiguri , Howrah, Bankura, North and South 24 Paraganas locale. 

In East Midnapore alone, he has 12 plots. The gathering had likewise guaranteed to have purchased property in Kolkata, Port Blair, North Lakhimpur, Ranchi, Durgapur, Siliguri, Mondarmani, Lataguri, Falakata, Midnapore, Tarapith, Old Digha, Silchar, Haridwar, Goa, Gaya, Jaipur and New Delhi. 

This as well as some 23-odd inns the nation over, which incorporates extravagance properties in Jaipur, Jalpaiguri, East Midnapore, Siliguri and Kolkata, were additionally recorded. It has seven premium residencies at the northern edges of Kolkata; a 6,000 square feet estate in Ranchi and a gold and precious stone adornments shopping center. The gathering has 900 branches spread over West Bengal, Odisha, Bihar, Assam, Punjab, Delhi and Andhra Pradesh.

12/18/2015 | 10926 | Permalink