ONE OF the country’s top financial watchdogs have been asked to investigate forged investment certificates issued by bogus billionaire and conman extraordinaire Anmol Seth.
Seth is the businessman who has swindled millions of dollars out of Indian investors through a highly theatrical web of deceit and the bogus promise of sky-high returns on phony investment opportunities.
The serial fantasist – who resides in Flatbush, Auckland – operates at least 50 fictitious companies in New Zealand under the umbrella of the ‘Anmol Group’ and regularly posts on Facebook and Twitter about his glamorous jet-set lifestyle and involvement in multimillion-dollar business deals.
Through those bogus companies, it is understood Seth – who claims to be a qualified lawyer and accountant – has made large GST claims on start-up ventures that never materialize.
He claims the Anmol Group started from “humble beginnings” in 1971 with the company focusing on architectural design.
According to Seth, it then expanded “into various niches”, establishing businesses in hospitality finance, investments and the IT sector to eventually become a multi-national corporation.
None of this is true. Read more »