New Delhi: Subrata Roy was the founder of the Sahara India Group. He was 75 years old. After his demise, the undistributed funds worth 25000 crore lying with the Capital Market’s Regulator SEBI have come back to light. He faced many legal battles and challenges in connection with the Ponzi schemes during his lifetime. He was named as one of the most influential businessmen by India Today Magazine. Time Magazine named the Sahara Group as the second largest employer in India. The top position was held by the Indian Railways. He built a massive business empire including retail and financial service sectors.
