New Delhi, April 27 -- The Enforcement Directorate (ED), Kolkata Zonal Office, in coordination with the Asset Disposal Committee (ADC), has continued to play a pivotal role in the restitution process for victims of the Rose Valley Group scam, completing 16 phases of fund disbursement and releasing Rs. 127.69 crore to 1,73,350 victims as of April 2026.
The Rose Valley Group had fraudulently mobilised approximately Rs. 17,520 crore from investors across West Bengal, Assam, Odisha and other states by promising high returns, out of which Rs. 6,666 crore remains unpaid to investors.
Since the commencement of the investigation in 2014, the ED has taken steps to trace, attach, seize and safeguard the assets of the Rose Valley Group. So far, the ...