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Chit fund scam: Renowned film producer Shrikant Mohta arrested by CBI for allegedly duping Rose Valley of Rs 25 crore

Mohta was served a notice by the investigating agency regarding "acceptance of money from Rose Valley" and CBI sleuths questioned him in his office at a shopping mall in south Kolkata.

India TV News Desk Edited by: India TV News Desk
New Delhi Updated on: January 24, 2019 19:05 IST
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Shrikant Mohta

The Central Bureau of Investigation (CBI) on Thursday arrested renowned Bengali film producer Shrikant Mohta in connection with the Rose Valley chit fund scam, sources told PTI.
 
According to the PTI report, Mohta had allegedly duped the Rose Valley of Rs 25 crore.
 
CBI had served a notice to Mohta regarding "acceptance of money from Rose Valley" and sleuths questioned him in his office at a shopping mall in south Kolkata.
 
Later they took him to the CBI office at CGO Complex in Salt Lake for further interrogation and he was arrested there.
 
The agency is probing both the Saradha and Rose Valley multi-crore scams. Enforcement Directorate is also probing the Rose Valley scam.
 
Rose Valley chairman Gautam Kundu is currently in jail in money laundering case.
 
Mohta's company Shree Venkatesh Films has produced many award-winning films like Chokher Bali, Memories In March, Autograph, Raincoat and Iti Mrinalini. The firm also distributes most Bollywood and Hollywood movies in eastern India.
 
Some of Indian film industry's top actors and directors have worked with him. 
 
(With PTI inputs)
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