Chit Fund Fraud : ED Arrests Rose Valley Group Chairman Goutam Kundu
26 March, Kolkata
The Enforcement Directorate arrested the Chairman of the Rose Valley Group Goutam Kundu in connection with chit fund scam in Kolkata Wednesday evening.
According to the ED sources, Kundu was arrested after interrogation of six hours. He will be produced before the Court today, Thursday .
The Rose Valley Group collected huge amount from the market under its Ponzi Scheme without valid approval.