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The Supreme Court today directed Sahara India promoter Subrata Roy and two directors to be under custody till the next hearing which is likely to fall on 11 Mar 2014. One fails to understand that how these people can have such a flamboyant style when they are playing the ponzi scheme. One fails to understand that whether he is Subrata or Subroto Roy. Have a look at the difference in name spelling.
Earlier he had failed to appear before Supreme Court and thus Supreme Court had issued an arrest warrant against the Sahara chief after he failed to appear before a Bench hearing a case related to refund of about Rs 20,000 crore to investors by two Sahara group companies.
We had clearly stated way back in 2008 that one should avoid investing in Sahara group companies and we even got some threats from the group for legal action for writing against them . We again wrote warning investors to avoid Sahara group and now the below picture clearly shows that Subrata Roy finally meets his nemesis as black ink has been thrown on his face by agitated individual.
I think it is high time Wikipedia amended the description about the man being given as an Indian businessman born in 1948 and who is the founder and chairman of the Sahara India Pariwar, an Indian conglomerate with diversified ownership interests that includes Pune Warriors India, London's Grosvenor House, New York's Plaza Hotel, Aamby Valley City and Force India. Roy founded the company in 1978.
He was named among the 10 Most Powerful People of India in 2012 by India Today. In 2004, the group was termed by the Time magazine as ‘the second largest employer in India' after the Indian Railways.
Now Wikipedia can change the description to the biggest scamster of the century who has been nailed and one fails to understand that how a person of stature like Kapil Dev is supporting him. He is a big swindler who is not in a mood to pay even a penny to its investors. Now to get out of this mess he has launched Sahara Q Shop and has used Indian Cricket team as the brand ambassador and thus it is advised to one and all to avoid getting into this venture as funds raised against this venture of Sahara Q shop will be used to refund money to old investors if all goes well.
Earlier he had failed to appear before Supreme Court and thus Supreme Court had issued an arrest warrant against the Sahara chief after he failed to appear before a Bench hearing a case related to refund of about Rs 20,000 crore to investors by two Sahara group companies.
We had clearly stated way back in 2008 that one should avoid investing in Sahara group companies and we even got some threats from the group for legal action for writing against them . We again wrote warning investors to avoid Sahara group and now the below picture clearly shows that Subrata Roy finally meets his nemesis as black ink has been thrown on his face by agitated individual.
I think it is high time Wikipedia amended the description about the man being given as an Indian businessman born in 1948 and who is the founder and chairman of the Sahara India Pariwar, an Indian conglomerate with diversified ownership interests that includes Pune Warriors India, London's Grosvenor House, New York's Plaza Hotel, Aamby Valley City and Force India. Roy founded the company in 1978.
He was named among the 10 Most Powerful People of India in 2012 by India Today. In 2004, the group was termed by the Time magazine as ‘the second largest employer in India' after the Indian Railways.
Now Wikipedia can change the description to the biggest scamster of the century who has been nailed and one fails to understand that how a person of stature like Kapil Dev is supporting him. He is a big swindler who is not in a mood to pay even a penny to its investors. Now to get out of this mess he has launched Sahara Q Shop and has used Indian Cricket team as the brand ambassador and thus it is advised to one and all to avoid getting into this venture as funds raised against this venture of Sahara Q shop will be used to refund money to old investors if all goes well.
