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.{{cite web|url=http://www.firstpost.com/politics/sudip-bandyopadhyay-arrested-all-you-need-to-know-about-rose-valley-chit-fund-scam-3187490.html|publisher=firstpost.com|title=Sudip Bandyopadhyay arrested: All you need to know about Rose Valley chit fund scam - Firstpost|date=4 January 2017 |accessdate=2017-01-05}}{{cite web|url=http://indiatoday.intoday.in/story/rose-valley-chit-fund-scam-trinamool-congress-investment-firm-tmc-leaders-cbi/1/849019.html|publisher=indiatoday.intoday.in|title=Rose Valley chit fund scam: TMC leaders' nexus with the investment firm : India, News - India Today|date=4 January 2017 |accessdate=2017-01-05}} 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.{{Cite web|title=Rose Valley scam: All you need to know about the chit fund case|url=https://www.businesstoday.in/current/economy-politics/rose-valley-scam-all-you-need-to-know-about-the-chit-fund-case/story/316895.html|access-date=2020-11-11|website=www.businesstoday.in|date=4 February 2019 }}
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{{Corruption in India}}
{{Scams and confidence tricks}}
{{DEFAULTSORT:Rose Valley scam}}
Category:21st-century scandals
Category:Pyramid and Ponzi schemes
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