by Stephen Cook
A CONMAN posing as a billionaire businessman 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 phoney investment opportunities.
Over the past decade, smooth-talking Anmol Seth has built a formidable reputation on the broken hopes and dreams of vulnerable Indian investors who have sunk millions of dollars into his bogus companies.
Seth – 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.
“Secured entire file for another large client with $40Million+ Turnover; have been working with on them for just over 14 months…the hard-work has finally paid off,” he boasted on Twitter back in 2013.
Through those bogus companies, it is understood Seth – who poses as a qualified lawyer and accountant – has made large GST claims on start-up ventures that never materialize.
On one of his many websites, the practiced con and consummate liar claims ‘we offer a world of opportunity which encourages people to help each other succeed, and achieve excellence through continuous improvement and innovation’.
Those unfortunate to have done business with Seth have an altogether different view of the serial fraudster.
One North Island businessman – who asked not to be named – described Seth as a ‘charlatan without conscience’. Read more »