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Bombay Clay Oven and Saucy Bombay, two Indian restaurants in the US state of Colorado have been accused of defrauding investors of $380,000 or Rs 3,16,56,926 by employing deceptive tactics, including "half-truths and lies". ....
Fraudulent Activities by Indian Restaurants in Colorado: Officials Report USD 380,000 Loss to Investors devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
According to a lawsuit filed by the Colorado Division of Securities, the owners of Bombay Clay Oven and Saucy Bombay allegedly used "half-truths and lies" to entice investors with ambitious plans for a nationwide expansion. They purportedly spent the investors USD 380,000 on rent, operational expenses, and Ponzi-like payments, as per a report by the local newspaper "BusinessDen." ....
US & Canada News News: The Colorado division of securities has filed a lawsuit against two Indian restaurants, Bombay Clay Oven and Saucy Bombay. The lawsuit claims that the ....