Netflix original documentary anthology webseries Bad Boy Billionaire, which chronicled the rise and fall of many business tycoons, including Subrata Roy, now the Sahara India Pariwar Founder gets a biopic.
The biopic has been announced, but details will be officially announced on June 10, marking the 73rd birthday of the Sahara India Pariwar founder.
Trade analyst Taran Adarsh confirmed the news on his Twitter handle, “IT’S OFFICIAL… SUBRATA ROY BIOPIC ANNOUNCEMENT… Biopic on #SubrataRoy to be announced on his birthday [10 June 2021]”
The note read, “Biopic on business tycoon Subrata Roy to be made. Makers to officially announce the film on Subrato Roy’s 73rd birthday, 10th June 2021”
Roy is currently out on parole since 2016, stayed in Tihar jail for over two years. The Supreme Court in 2012 had ruled that Sahara group companies violated securities laws and illegally raised over USD 3.5 billion.
The companies said monies were raised in cash from millions of Indians who could not avail banking facilities. SEBI could not trace the investors and when Sahara firms failed to pay up, the court sent Roy to jail.