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The petitioner relies on a report filed by the Directorate of Economic Offences, West Bengal before the Division Bench of this court looking into the civil aspects pertaining to ponzi schemes in WP 24110 (W) of 2016.
Such report of February 7, 2019 indicates that the total dues of the depositors in respect of different schemes of the Pincon group of companies is about Rs.59.04 crore. The report also reveals that goods of total value of about Rs.15 crore have been seized but that such amount may not be sufficient to discharge the dues of all the depositors.