Amber Dalal Biography

Quick Info→
Marital Status: Married
Age: 59 Years
Hometown: Mumbai

Amber Dalal

ProfessionChartered Accountant
Notorious ForRunning a Ponzi Scheme
Physical Stats & More
Eye ColourBlack
Hair ColourBlack (semi-bald)
Personal Life
Date of BirthYear, 1965
Age (as of 2024) 59 Years
BirthplaceMumbai, Maharashtra
HometownMumbai, Maharashtra
AddressSerenity Complex Near City International School Oshiwara, Andheri West, Mumbai- 400053, India
Relationships & More
Marital StatusMarried
ChildrenSon- Mithil Dalal
Amber Dalal's son Mithil Dalal
Style Quotient
Car CollectionMercedes

Amber DalalSome Lesser Known Facts About Amber Dalal

  • In 2010, Amber Dalal began seeking investors to invest their money in commodities and promised them a return of 1.5 to 2 per cent on their investment per month.
  • For 13 years, he took money from the investors and invested in various fields and gave them a profit.
  • According to the police report, many of Amber’s clients were based in the USA cities including California, New Jersey, and North and South Carolina.
  • During the investigation, many investors revealed that in 13 years, Dalal never asked for the money so they trusted him; however, in September 2024, he began asking for money from the investors and promised a better return on their investments by March 2024.
  • He has a client base from many countries including the UK, Australia, China and the UAE.
  • Many online complaints against him have been filed with the Federal Bureau of Investigation.
  • According to many reports, Dalal owns many properties in Dubai and has hidden his money in the Cayman Islands.
  • Amber Dalal is also the owner of Ritz Consultancy Services, a finance consultation firm in Thane, Mumbai.
  • According to the investors, Amber returned them the invested money plus the interest and profits earned by the 10th of each month.
  • On 14 March 2024, he did not return the money and when the investors reached his house, they were informed that he had fled.
  • Later, the complaint was registered against him at the Oshiwara Police Station in Mumbai.
  • Amber Dalal was registered under Indian Penal Code sections 420 (cheating and dishonesty), 406 (criminal breach of trust), and 409 (criminal breach of trust) along with sections of the Maharashtra Protection of Interest of Depositors Act.
  • After the investigation was completed, the total amount was calculated to be approximately Rs. 150 crores. Fourteen days after the complaint was filed, he was arrested in Dehradun, Uttarakhand. Many renowned celebrities including Annu Kapoor also invested with Amber Dalal.