Subrata Roy

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Subrata Roy (10 June 1948 – 14 November 2023) was an Indian businessman who founded the business conglomerate Sahara India Pariwar in 1978. Roy was named the tenth-most influential Indian businessman in 2012 by India Today. In 2004, the Sahara group was termed by Time magazine as "the second largest employer in India after Indian Railways". Sahara India Pariwar has operated a vast number of businesses, such as Aamby Valley City, Sahara Movie Studios, Air Sahara, Uttar Pradesh Wizards, and Filmy, among others. Long accused of shady business practices including money laundering and running ponzi schemes, Roy was arrested in 2014 after failing to appear in court in connection with the ₹24,000 crore deposits his company had not refunded to investors. He was granted bail in 2016. He died in 2023.

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