Most Viewed MLM News
1072 GRAMIN DAK SEVAK (GDS) Job 2017 ODISHA POSTAL CIRCLE RECRUITMENT
1072 GRAMIN DAK SEVAK (GD...
NURSE Government Jobs 2017 GOVERNMENT OF BIHAR RECRUITMENT
NURSE Government Jobs 201...
100 TEACHER Government Jobs 2017 KMC RECRUITMENT
100 TEACHER Government Jo...
Industry Experts Suggestions On How To Improve Your Multi Level Marketing
Industry Experts Suggesti...
Top 7 Best MLM Network Marketing Companies 2018 in India
Top 7 Best MLM Network Ma...
1065 ASSISTANT ENGINEER Government Jobs Post 2017 BPSC RECRUITMENT
1065 ASSISTANT ENGINEER G...
606 STATION CONTROLLER and other Job 2017 GUJARAT METRO RAIL RECRUITMENT
606 STATION CONTROLLER an...
TRAINEE ENGINEER and other vacancy LATEST JOBS IN CVPP RECRUITMENT 2018
TRAINEE ENGINEER and othe...
Government Says India Seeks To Block Most Cryptocurrencies in New Bill
Government Says India See...
PEON Government Recruitments 2017 ECOURTS JOBS NOTIFICATION
PEON Government Recruitme...

Rose Valley scam much bigger than Saradha?

Rose Valley scam much bigger than Saradha?


While public attention was much more in Saradha as it turned out to be a high profile one, Rose Valley scam is probably six times bigger with a collection of  deposits worth about Rs15,000 crore



The mobilisation of money from the market is much more in Rose Valley than in the Saradha ponzi companies, according to Enforcement Directorate (ED), which is probing the money laundering aspects of both the firms.



"The Rose Valley scam is of much bigger magnitude than the Saradha. It is probably six times bigger as Rose Valley had collected deposits of around Rs15,000 crore from the public", a source from ED told PTI.


  • 0 like
  • 0 Dislike
  • 0
  • Share
  • 924
  • Favorite
  • 13 November, 2014
Previous Next
App
Install