Home CINEMA Indian Restaurants in U.S. Facing Huge Fines

Indian Restaurants in U.S. Facing Huge Fines

Indian Restaurants $380K Fraud

Indian cuisine has become incredibly popular in the United States, with more than 6000 Indian restaurants spread across the country.

The growth of Indian food in the US can be largely attributed to the increasing Indian population in the country. Indian restaurants are now found everywhere, transcending political boundaries.

It’s quite a journey from 1921 when the first Indian restaurant, the Taj Mahal Restaurant, opened its doors on 42nd Street in New York, serving ‘Hindu’ and Persian cuisine.

However, amidst this success story, there are instances of trouble.

Two Indian restaurants in Colorado, Bombay Clay Oven and Saucy Bombay, are facing legal issues for allegedly deceiving investors out of $380,000.

According to the Colorado Division of Securities, the owners of these restaurants, operating under The Bombay Group (TBG), misled investors with false promises of nationwide expansion.

Instead of using the funds for growth, the lawsuit claims that the money was spent on rent, operating costs, and dubious payments.

TBG had ambitious plans to franchise Saucy Bombay to tap into the fast-casual dining trend, but their actions have led to legal repercussions.

It’s a cautionary tale amidst the thriving Indian restaurant scene in the US.

Source link