Who Is Amber Dalal, Consultant Who Duped Hundreds, Including Celebrities
NDTV
Over 600 investors have been duped of Rs 380 crore by Dalal, who had been running his consultancy business from Lokhandwala in Mumbai's suburb of Andheri for 15 years.
A Mumbai-based investment consultant who was on the run for 12 days after duping more than 600 investors of over Rs 380 crore has been arrested in Uttarakhand. Many celebrities were among his clients, including actors Annu Kapoor and Deepak Sharma.
The owner of Ritz Consultancy Services, Dalal worked out of the affluent Lokhandwala area in suburban Andheri and promised investors a return of between 1.6% and 2% per month by investing their money in commodities. Different investors had entrusted sums of between Rs 5 lakh on the lower end and several crores on the higher end to him.
Sources in the Mumbai Police said he had been running the business for 15 years and had delivered returns. NDTV spoke to some of his clients, including Mr Kapoor and Mr Sharma, who said Dalal had been giving them the returns consistently, including during the Covid period.
