The probe revealed that Ramendu Chattopadhyay, CMD, Tower Infotech, and other directors entered into a criminal conspiracy by fraudulently issuing certificates/bonds/receipts of investments in preference shares, debentures and advances against solar products and tour packages of Tower Infotech to investors assuring higher returns.
ED files prosecution complaint against Tower Infotech Limited, its MD, under PMLA aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
ED has questioned Renowned magician PC Sorcar (Junior) in relation to alleged chit fund fraud in which investors were duped of more than Rs 790 crore. In 2021 the CBI had searched the magician s Ballygunge residence in connection with the same case.