SEBI, India’s securites watchdog has finally come down hard on scandal tainted Saradha Realty, the West Bengal realty firm linked to senior Trinamool Congress leaders.
The firm has been enbroiled in a ponzi scheme affecting thousands of investors. Attaching 134 properties belonging to the firm, and it’s boss Sudipta Sen, SEBI hopes to recover Rs.7.74 Billion in investor money.