Sahara’s Mysterious Riches: Rs1,10,000 Crore Raised in 10 Years despite Intense Scrutiny of Govt

[@freeforall6562]

It’s the biggest laundromat for all political parties. Roy knows he’s safe and hence arrogant enough to loot on

[@rupamchoudhury4209]

Lakhs of investors from my home town(kendrapara, Odisha) have invested in the Sahara group & different cooperative society by Sahara India. Most of them are Financial uneducated and did not know where to complain. The so-called managers from Sahara threaten the poor investors to again reinvest the maturity money for another 2/3 yr otherwise they are not going to pay a single penny. The poor investor does not leave any option.

[@garimakumari1121]

Yes u r right We see this in our surrounding

[@ZeeshanAli-mz5wl]

Yes and I think many people lost hope of getting back money so no complains..now

[@rissipandayt]

Despite so many scams, people don’t understand.

[@aashishverma9700]

@@rissipandayt most of the people who have invested in this scheme are financially illiterate. And sahara agent targeted those innnocent people very efficiently.

[@AashishSahu.9]

What's the govt of Odisha doing then

[@sentinel9293]

Sahara has money of politicians from all political parties. That's why everyone is silent 🙏

[@awsomeslayer1]

I was about to say that he is probably bringing some of his money from 'safe havens' that he would have made during his cricket betting days. So maybe those are 80 crore fake investors. But your comment covers all the suspected players in this dirty game.

[@ajjunair83]

No investor is interested because as someone said this is a big laundromat.. Subrato Roy has gamed the system. You can be frustrated and punish him but not get him convicted.

[@chabdrachief777]

Sahara was Jst big machine to make black money in to White so many years Reliance Tata's Mahindra's couldn't afford to sponsor Indian cricket team how sahara managed

[@timepas24566]

@@chabdrachief777 bhai agar black money hai to logo ka paisa jo fasa hai wo kya hai...saale kuch pta na ho to gyan na pelo

[@govindashyamsundar]

@@chabdrachief777 reliance , mahindra and Tata have product to show to people and market , sahara dosent have product to show it people , it can only show offf like sponsering circket , cinema awards , just show off company .

[@sankum11]

""If you are having Good Relationship with politicians and ministers you can easily do financial frauds"" That's what we Indians have learnt in last decade! Our judiciary system has many loop holes and one of worst in the world. Last but not least our Regulators are the "WORST" 👎👎

[@ElectricityMarketInIndia]

You are doing a great job Ma’am , more power to you ... 90% of Indians know how to earn money but have minimal knowledge of where to invest that money....your videos are eye opening for everyone

[@tinguzz]

Madam, whenever a Chit fund collapses or collective investment scheme collapses (IMA jewel in Bangalore or Sharada in Bengal) huge amount of crowd gather to protest (usually less informed small savers loose). In SAHARA nothing of that sort happened inspite of having crores of investors. That means the sources of money is not public, something deeper to it.

[@ramyatrident]

Real Sucheta Dalal of Scam 1992 Webseries. Hats off to her, Very Deep Analysis of Share Market, Never knew such information 🙏🙏🙏

[@shekharkumar7578]

My father is general store shopkeeper from 40 years he deposited 10 lakh and more in Shahara India He still trust in Shahara but not me I have warned my father in 2016..

[@issaaczala5125]

Even today on 5.2.2021 Sahara's agents collects money in rural gujarat.

[@suhasbhide5773]

Best solution is creat another 20 lakh crore, 40 years bond! Debit debit every where! ! Swim in it

[@venkatasubramanianlakshmin1980]

Very Good Analysis. I was in Kolkata for 8 years in the early 80's. WB,Orissa and the other NE States and also Bihar and Eastern UP were all affected by scams of high magnitude. We had one Sanchaita Investments Kolkata in early 80's (1978,79) duping several crores of people and folded up. Then it was Peerless General Investments and insurance. In the name of Insurance and investment collected and failed, duped crores of people. They had a huge number of peerless insurance agents, a big office in Kolkata. Then Shardha Scam. The deposits unclaimed are mainly from politicians belonging to all parties, hawala traders and money launderers, traders with black monies. Of course some poor people, peasants in the WB,Bihar, UP, Peasants who don't know what to do. But poor people money will be less. Or it could be a fake deposit in some xyz name by blackmoney holders. You have rightly said this is Banana Republic. Roys therefore will be safe. There will be many more Roys and many more Saharas, till our country becomes barren like Sahara Desert.!!

[@prafullbhandari7242]

Wonderful job mam, our worldy will be obliged to you for this service of the society.

[@rahulgavankar7393]

Sucheta mam please make video on Vedanta as Mr Agarwal when interviewed always says we are investing in india in big way and India story is great but recently announced delisting with such poor pricing. Please keep watch on that company as your voice can reach government and many innocent investors can be saved in future. You have been saviour for many in stock markets. God bless you.

[@shivay8026]

I have lost 1.65 lakh in sahara in Q SHOP BOND.HOW TO APPLY CLAIM?

[@juvin9957]

GONE!

[@samyuktababu9700]

@@juvin9957 Caveat Emptor.

[@avnilthakar3345]

We need reporters like you

[@JITENDRAJAINBEE]

Glad youtube recommended me this. I was also confused seeing a desposit receipt from one of sahara companies with my mother starting 2014 while he was in jail.

[@dc74]

Your's is always a eye opener. And I always believed that that Roy's not only a financial fraudster but deeply involved criminal too, that's my gut feeling and it has it's roots, bcoz he's rooted in........

[@timepas24566]

What do u mean by UP...idiots like u still exist for sure..

[@siddharth.keshri]

@@timepas24566 you are hole at a wrong place, who doesn't under UP,get admitted in Nur they will teach you ....hole

[@dc74]

@@abhisekdas435 certainly not.

[@dc74]

@@siddharth.keshri if anybody shouted in support of those criminals that showed their belongings! Fact is fact. Calling foul language again proves that!

[@timepas24566]

@@dc74 why not...u only wrote the UP reference..saale illiterate person pehle ethics sikhle tu..isko discrimination kehte hai jo tune UP ka reference dia hai chutiye

[@shirishshanbhag1199]

When all activists are silent on multi crore scam of Sahara Investment of Subrato Roy, you have exposed, as you did it to Harshad Mehta & Ketan Shah. We have to be persuasive in this matter. Sahara has sahara from all the parties to protect him. Otherwise, when he is in jail how his company is doing all types of scams?

[@siddharth.keshri]

Even big ethical branded NBFC like Mahindra fin & Hdfc and other MF, FD and others couldn't made this kind of revenue. They have some really smart people (con).

[@sanjumohanty4904]

Thanks sucheta for ur effory

[@sanjaysrivastava1100]

What a comprehensive report , to the point analysis. Great job !!👌👍

[@MyLijo]

Dear Sucheta ji, thank you for the disclosure. Utmost respect to you and your brilliant journalism. We need to hear more from outstanding individuals like you to stem the rot in this banana republic.

[@rameshb9109]

Loot lo India loot lo. Corruption in blood.

[@mahendiranmahendiran9153]

Big salute Ma'am... you are a Role model to future journalism

[@bm8292]

Madam, when the supreme court allows persons with cases against them to stand for elections and enter parliament and the state legislatures and Make Laws, this is no surprise to me, such things are expected. Even a child will say that this situation is the outcome. The supreme court showed surprise on the happenings in hathas rape and murder case, what an irony.

[@murarikaushik33]

c.6.42 - "I mean... are we a Banana Republic, or what"... Was there any doubt in your mind? It stretches back millennia. And don't blame the British. They brought a semblance of integrity and order to the chaos that has always been India.

[@anandarajachariyar5576]

Good investigation on financial matters. Black money, political corruption are co existing with Modi. IT raided in TN at many locations and seized thousands of crores. In Sekar Reddy case, CBI court dropped the case as there is no evidence when media exposed Rs.200 crore currency in which Rs.40 crore of new 2000 notes at the peak of demonetization and people were dying in front of banks.; IT seized 200 kg gold bars.

[@sriganeshr888]

BJP has to clear the air on this issue. It's highly fishy. Tks.

[@sriganeshr888]

I meant Sekar Reddys money issue.

[@RahulSharma-tl6vy]

Madam please tell how we will get back our money.. what we need to do?

[@sisirghosh09]

My father had invested in Sahara Bonds. SEBI had closed the door for repayment after June 2018. SEBI claims that advertisement was made to the investors in 2018. However I did not see any such advertisement. I called to SEBI customer care, but they refused to take action for refund of the bond as the dates for submission has been over and asked to wait for the next announcement. Now, when I am approaching Sahara office for payment of the bonds, they are asking to re-issue the bonds with an extension of 3 years and stating that the matured amount cannot be claimed currently (I am talking this conversation in March 2020 after which lockdown was imposed). By going to their office, I can see that they are raising money from the investors. I believe that the claim made by Sahara, that they have given money to the investors means that they are extending the tenure of the bond. I request to suggest me on how to get the money back from the Sahara bonds.

[@timepas24566]

Well that is why sahara didn't want to pay money to sebi coz they r not that efficient to do so...and if 22000 crore is with them and they r not refunding then how company only is in fault and how company can give refunds if same amount has to be given to sebi too...

[@yesmypage]

Sucheta Dalal mam is great, still going strong with fraudsters... She is a big social reformer and government should take her seriously again..

[@bikramjitkritjit]

Pagal aurat hai

[@rameshvora3761]

IT is an eye opener. Why cooperative societies are still out of the purview of RTI?. Why all prudential norms are not made applicable to cooperative societies? Why periodic advertisement of these societies are not made compulsory ? Why these societies are not yet prohibited to raise funds from public? Who actually is the real regulators ? Why so far AADAHR IS not made compulsory for the depositors ? Why these socieites are not required to make declaration for the raising of funds from the depositors under the income tax act or any other statutory acts?

[@unguided201]

mem it's dire need to be moneylife in hindi to open up eyes of common people .i always try my best to elaborate your videos for my mom and dad and refrain them from such lucrative scams

[@paulsonaugustin1512]

Say about Max Life Insurance, they are not giving investors money. Since more than 10 years I have invested Rs. 92,000. Now the Max Life Insurance is giving only Rs. 28,000 /-.

[@nikhilshirwalkar6292]

Really appreciate mam the work & research you and HV done

[@AKS-yi2qj]

Very informative.

[@viajyvashisht3857]

Mam can we get money soon in this difficult time .we have certificate and Govt involvement in this case to get our money.

[@1mehra]

Sucheta you are the best financial correspondent

[@nanditaghosh9338]

Your video is an eye opener. One thing I agree with you....investors are strangely silent. Reason behind is most of the investors r not properly aware of the facts. The way you had shared info has changed even my views. Second reason for keeping silent is we dont know on what platform we should raise our voice or what sud be the strategy to jointly raise our voice for refund of our money invested in sahara. Plz guide us.

[@deepakbatra]

Hey sucheta, my father's money is stuck in sahara, almost 1.2 lakh ruppes Please tell me how do i recover it back , where should i complain? Please

[@bipinvivek5334]

It's gone my dear friend as little amount is lost and you are saved, I know one teacher who deposited 60 lakhs in sahara and they were killed by sahara agents and crooks while suicide case was created by bribing the police.😭😭😭😭 As they were old people no one was interested and their child is mentally disturbed so no one was willing to bother. 🙄🙄🙄🙄

[@deepakbatra]

@@bipinvivek5334 i see Sahara agent gave us half of our money back about 3 years ago that time we thought we will get out full money back soon but they are not giving anything back anymore

[@timepas24566]

@@bipinvivek5334 totally rubbish..there has been delay payment one can say but there is no non-payment issue u cannot say so...and what about sebi with 22000 crore with them..u should blame govt too

[@bipinvivek5334]

@@timepas24566 it's not about money it's about life and death. If top companies are crooks based companies and their target people are retired people having some savings of lifetime and these companies steal it , these retired people will eventually leave this material world of money for heaven.

[@timepas24566]

@@bipinvivek5334 that is what i m saying ask gov why they r not returning money worth 22000 crore...any financial institution would face problem if they have to deposit such amount in cash which has resulted in delay...think of that too...blame is to govt too..

[@vk250958]

Thanks.

[@sushantrocks]

Could it just be that people don't want the hassle of complaining for these amounts per head? Sahara credit - 47k crore from 4 crore ~ 12k per head Saharayn - 18k crore from 3.71 crore ~ 4.8k per head Humara india - 13k crore from 1.8 crore ~ 3.5k per head Total 78k crore from 9.51 crore people ~ 8.2k

[@sureshlalwani410]

Thank you ma'am

[@peeyushagarwal2546]

Very insightful!

[@sanjivbokil]

This is such an important channel.. Unless one watches the videos regularly, one will not know who is running this banana republic as you say, and how. This is India's reality which is kept under wraps by powers that be, while the common people are dog-whistled to issues like temple and borders. There is no regulator it seems.

[@nanditaghosh9338]

Reason for keeping silent is we dont know on what platform we should raise our voice or what sud be the strategy to jointly raise our voice for refund of our money invested in sahara. Plz guide us.

[@Pah1155]

Thank you maam for making this video and educate people.

[@gn3860]

How do you find this information?

[@subhrajitdey5513]

The best financial magazine.

[@nikhilchowdhary8919]

Very inisghtful. Would be great if you could update on PMC issue too, i have seen your earlier one, but since then lot of events have taken place Thanks and All the best, God Bless

[@arupchakraborty7981]

Madam I want to know one think defaulter brokers client claim refund timeline usually how many times will take exchanges bse or nse for claim redress.

[@RakeshGupta-qu9yj]

Dear write to SEBI. With all details. East zone sebi

[@mohitjain7804]

mam i suggest you to please make your videos in `hindi` because most of the Investors of Sahara are from remote areas & very low income group. They dont understand English Well. This video will get a far more reach, if you make it in Hindi.

[@vishalive88]

Dalaal good Now investigate PM CARE FUND for india

[@juvin9957]

NDA--No data Available

[@timepas24566]

Shi kaha

[@dikshajaiswal9772]

One of the most sensible and factual video that I have seen on this ongoing issue so far. If this video could be translated in Hindi or more common regional languages, it will really benefit and educate more people in India. As these investors are spread across in India and do not converse in English. Nonetheless, Thank you for making this video and focussing on this issue. :)

[@anonymousanonymous6424]

Still people will not understand financial terms.

[@knightking9536]

This is insane

[@rani.55t]

Ma'am, I have reinvested 5 lakh Rs on 2018 because of agent insistent. Now I want my money back, what and where should I have to appeal for that. The where I have invested is stars multipurpose cooperative society limited. Please help🙏🙏🙏🙏

[@hemantkapoor8956]

Your articulation is one of the BEST.. Keep up the good work !

[@saradamallick3978]

Hallo sucheta nice seeing and hearing you.

[@Suraa_4032]

Dear mam, you are doing tremendous job. But please make video of this kind in vernacular language. So that it will reach right audience and they will realise and spread this kind of insights to all.

[@siddhigoel90]

the real hero is shuchita dalal... hope we have more journalist like her...

[@mehta_1998]

Why did you highlight Harshad Mehta instead of Citibank

[@timepas24566]

Coz she wanted to become great and harshad was easy scapegoat...lol her journalism

[@pavankalhane2481]

Mam can you tell me how to complain about pan card club

[@manishsawant2108]

Very nicely eexplain.When govt.will wake up

[@sravishankar7231]

Very good initiative. There are several 100 thousand such credit cooperative societies which handle several thousand creres and they are not regulated. Nedd an urgent intervention from government/ RBI. As these societies promise higher interest rates and the middle classs retired people become the victims.

[@bhupendrasheth150]

You are doing great work

[@shieplohar9391]

How to praise you Madam, brilliant.

[@MoneylifeNewsBites]

“Thank you so much for the appreciation of our work. It is true that more people should benefit from the frank discussions in these videos - but we live in a world of paid influencers who have resources for promotions - so independent voices get drowned out. May we request you to help spread the word by sharing these videoblogs and subscribing? thank you”

[@VikasC31]

Yes, I agree... People are strangely quite with this one... Most probably because the large amount of depositors are either from rural background or low to lower middle income groups. The housing and infrastructure companies and it's cases in SC and the tussle with SEBI(an institution of which 98% of these investors don't know), recived somewhat attention then the complexity of it faded away the momentum.

[@DeepakSharma-uz7xj]

Pls help in recovering my maturity amount of 15 lacs in Sahara India.. #JusticeForSaharaIndiaInvestors

[@GhumakkadKundanPreeti]

Mam it doesn't stop here. We are living in Uttarakhand where Sahar FD Agents are luring people for investing in FD and an agent told me he has collected around crores of money and now is unable to payback. And sahara investors are silent as they are luring them to reinvest the matured FD again. Most of the investors are uneducated and poor people . They are targetting people with minimum financial knowledge. So if a person invest INR 50,000 people then are tired of going to office and fighting. They are still luring people with minimum financial knowledge.

[@avnilthakar3345]

Madam you are very courageous women 🙏🙏🙏

[@kuldeepsingh39]

Mam please take charge on this case.... we are poor people and lots of money involved in Sahara credit society.... you can do this 🙏

[@bipinvivek5334]

महोदया, क्या आप वास्तव में सोचते हैं कि सरकारी कर्मचारी इस घोटाले को छान - बीन करेंगे, वे सिर्फ क्लर्कों और निरीक्षक का एक समूह हैं जो केवल Chaploosi and corruption में हैं?

[@tarunpatnaik1969]

Mam, I have written a mail to you - editor of moneylife, if possible can you reply

[@aashishverma9700]

How to claim the money back from sahara, people very close to mine have invested their lifetime savings in this scam, but till the date of maturity they haven't received a penny.

[@deveshsingh7708]

Sucheta. You are such a smart/intelligent woman, don't you know that sahara shri has invested politicians' bollywood actors' and cricketers' , Supreme court/High Court black money

[@ganapatiram213]

I salute to you madam

[@Nitin_Killawala]

One can write a thesis how land records are abused in our country - Ambi Valley epitomises all such fraudulent projects. The total holding is over 7000 acres, what we see as a glamorous hill station today is just under 450 acres...the greed is so overwhelming that going behind bars is also a prestige for these promoters!

[@user-ts1gj9wb6u]

Where is the rest 6500 acres?? Sold off or??

[@nimeshshah5792]

Mam where is CA ketan parekh now?

[@bobbyp2817]

Very good video ...

[@karthiksk8488]

May she should the financial minister of the country

[@poza55555]

Why? Is she a good policy maker?

[@shubhamsharma2877]

Ma'am can you investigate PAN CARD club of India also many investors are stucked and yet receive their hard earned money back even after 2-3yrs of maturity..

[@thouseef7614]

This is very strange and fishy the number of investors is 9 crore which is nearly 8% of indian population..yet this deep silence of nothing happening is disturbing.. Instead of thinking how they got this much money we can see how they got these many investors.. without any campaigning or any other means this won't be possible.. moreover it is important to know who are the bulk investors in these societies..

[@timepas24566]

Ab ye bol do ki black money hai..aur jo field worker kaam karke paisa laate hai wo bhi fictitious hai..aur agar aisa hai to ek baar sahara ke field worker le sath field me jao..tab realise hoga ki black hai ki kya....

[@manaskumarhaldar2725]

There are many Indian financial wizards. Some like the Guptas have fled to Dubai. One has been jailed in US for insider trading. Some can not yet be extradited from UK. Some have got citizenships in Vanuatu, Antigua etc.

[@manmohanmeena9441]

The investers belongs to rural population, mostly daily wage earners. Sahara through its agent lured these innocent by promising handsome returns. They called these deposits as fixed deposits, payable in installments. These people kept paying their installments. Now also they r hopeful that they will get back what was promised. Problem is that these poor people dont know where to go for complaining...There are over 3000 such people in Rajgarh tehsil, Alwar district.

[@nareshsaklecha]

Thanks for the info.

[@bharatgandhi5682]

obviously money belongs to big sharks, so no complaints, no inquiry.

[@rushikeshpandyais]

There are other companies as well.. Let me know of you need the details of the frauds..

[@sanjaybhati3109]

Now we are living in Banana Republic...

[@ajaybatchu9482]

All these are happened under UPA regime

[@dadadada8691]

Thanks to mdm Dalalfor the bold exposer

[@shyamagarwal6752]

Talking about Sebi ? just imagine if an ipo can collect RS1500/- for one share of face value of Rupee 1/- with this Sebi's permission then don't you think that investors interest has been seriously compromised? Out of that Rs. 1500 collected if only Rs. 100 is kept in savings bank account it can earn a minimum 4 % interest i.e. Rs. 4/- yearly and if the company pays just 25% of that (Rs. 1/- only) earned interest to shareholders as 100% dividend on shares of face value of Rs. 1/- just imagine where the shares of this 100% dividend paying company will reach in these crazy stock markets without doing any actual business? Again we not even talking about the remaining 1400/- at the company's disposal , still such issues are oversubscribed . so what does this all indicate ? Just give a serious thought before investing in such sebi permitted over priced shares.

[@flyinghigh2504]

Why is the PMO and the Finance ministry quite on this?

[@Maxpenable]

My father invested about 40 lakhs of rupees . I recently heard and amazed . Now it is very sad that now he have no money for his own daughter's marriage. After I came to know I lodge a complain to CRC . Let's see what happened?

[@faith-Augustine-Asheazi]

🔝🔝🔝🔝🔝🔝🔝🔝🔝🔝 The name pointed above will help you out to recover your money

[@faith-Augustine-Asheazi]

🔝🔝🔝🔝🔝🔝🔝🔝🔝🔝 The name pointed above will help you out to recover your money

[@faith-Augustine-Asheazi]

🔝🔝🔝🔝🔝🔝🔝🔝🔝🔝 The name pointed above will help you out to recover your money

[@faith-Augustine-Asheazi]

🔝🔝🔝🔝🔝🔝🔝🔝🔝🔝 The name pointed above will help you out to recover your money

[@mahakarora_]

Please add caption in the video

[@angelboy2901]

Thanks for the video..have shared it...the loot and plunder of india continues..

[@aryanbrother100]

Pls recover my maturity payment nearabout 25 lac pls help

[@SuchetaMoneylife]

Here is the Telegram link. t.co/AJdq97gU3x for joint action

[@suchitraroy9980]

@@SuchetaMoneylife I want join this group. I try but open . My fixed deposit matured 2and half years ago.,I contact branch manager,agent but no body respond.I need to money urgently because my husband is heart patient.and change his peacmekar .please give me suggest what I am doing at this stage.Thanking you,🙏🙏

[@anirudhrudr]

@@SuchetaMoneylife This link is not working, please share a working link.

[@samyuktababu9700]

@@anirudhrudr Won't work. Don't even try. There is nothing called as free lunch,

[@itsabhiworld]

Fantastic !

[@nikhilmashru7036]

They are still collecting...

[@narumugam6580]

Investors may be of only fictitious? To convert the money from B to W

[@sidmoitra007]

After all this, a middle class is bound to lose trust out of the judiciary and legal framework. It s awful to see a sorry state of our regulators, nexus of some very powerful and rich people, influences paving the path of certain investigation, etc. RBI, SEBI, CAG, CBI, Supreme Court, Laws, etc. are massively falling short with purpose to safe guard the interest of commons. This is the reason why a considerable chunk of youth in India wants to flee abroad.

[@asc5546]

I infer, Most of investors are uneducated or daily workers. Neither they have knowledge how to get back hard earned money nor they are eager to follow tedious process which system/ government have created. It takes lots of energy time and resource of daily earning person.

[@SuchetaMoneylife]

Not true. I am shocked to see investors who have to receive maturity amounts of 20 lakhs, 70 lakhs, 1.02 crore etc also

[@SuchetaMoneylife]

It is a mystery why they invested in Sahara when a highly publicised court case was going on in the supreme court.

[@jeevannarayan1145]

Most of the investors are small & unable to fight with the mighty .They know that they can't get money back.

[@timepas24566]

Well its surprising that some say its black money some say its of poor investors..if u people don't know the reality please dont sprrad rumours...people just bashing sahara for the same but if they really had bad intentions they could have fled off way back 8 9 years..but today too company is there listening abuse of the investors...ask those who invested in other cooperative societies..

[@asc5546]

@@timepas24566 I request you to read comment again.. it's starts with presumption.

[@shashankk.4166]

Great work

[@ananthnarayanan297]

Shocking revelations!Shows a complete failure of all regulators.What is more,why are the investors not outraged.Is it mere apathy and indifference,even when it comes to their own hard earned money.Needs a thorough probe and needs to be made public.