Rose Valley financial scandal

Short description: Political scandal in West Bengal

The Rose Valley financial scandal or simply Rose Valley Chit Fund Scam was a major financial scam and alleged political scandal in India caused by the collapse of a Ponzi scheme run by Rose Valley Group.[1][2] On January 25, 2019, CBI arrested Bengali film producer Srikant Mohta for duping Rose Valley Group by Rs 25 crore. Mohta's company Shree Venkatesh Films has produced many award-winning films like Chokher Bali, Memories In March, Autograph, Raincoat and Iti Mrinalini.[3]

## References

1. ↑ "Sudip Bandyopadhyay arrested: All you need to know about Rose Valley chit fund scam - Firstpost". firstpost.com. 4 January 2017. http://www.firstpost.com/politics/sudip-bandyopadhyay-arrested-all-you-need-to-know-about-rose-valley-chit-fund-scam-3187490.html. Retrieved 2017-01-05.
2. ↑ "Rose Valley chit fund scam: TMC leaders' nexus with the investment firm : India, News - India Today". indiatoday.intoday.in. http://indiatoday.intoday.in/story/rose-valley-chit-fund-scam-trinamool-congress-investment-firm-tmc-leaders-cbi/1/849019.html. Retrieved 2017-01-05.
3. ↑ "Rose Valley scam: All you need to know about the chit fund case". 4 February 2019. https://www.businesstoday.in/current/economy-politics/rose-valley-scam-all-you-need-to-know-about-the-chit-fund-case/story/316895.html.

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