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47 assets of Ponzi scheme Citrus Check Inns attached

DNMUM416135 | 6/14/2018 | Author : Manju AB | WC :431



Mumbai: Thousands of investors who put their money into two Mumbai-based Ponzi schemes Royal Twinkle Star Club and Citrus Check Inns Ltd have reasons to cheer after the Maharashtra government attached 47 properties of the company in Maharashtra and Karnataka.
The promoter Om Prakash Goenka, who has stakes in chains of premium restaurants including Farzi Café, Falafel, Rajdhani, Smoke House Deli and Mad Over Donuts, is now behind bars after the Economic Offences Wing (EOW) arrested him last month.
The state home department said in its order that the government is convinced that the companies are not going to return the money so it is attaching the said properties.
The deputy collector of Mumbai, who will be given the author
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