Quote:
Originally Posted by fris
if that is the case, since a lot of people had payout by default to be in wallet, if he had access to all thepeoples money, and used it for his own gain, which ultimately caused it to close, im not saying it is, but if in fact it is, its pretty low.
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Well the people behind it (like Mallick) did not take everything for their own gain, they kept a certain % of the funds in the bank (a common bank practice) and they could use a part of the rest to invest in other projects like the movie (and maybe even other things like real estate).
But now I huge part of the funds is gone, I'm pretty sure most of the wallet money will never be paid.