Aron Govil
| Aron Govil | |
|---|---|
 Arongovil1.png | |
| Born | |
| 🏳️ Nationality | American |
| 🏫 Education | BE in Chemical Engineering, MBA in finance, a P.E. engineering license and a Ph.D. in Environmental Engineering. |
| 🎓 Alma mater | The City University of New York |
| 💼 Occupation | |
| Title | Chairman & CEO of Ducon Group |
Aron Govil is an American businessman of Indian origin. He is the Chairman & CEO of Ducon Group, an international conglomerate, whose companies are involved globally in industrial engineering, construction, environmental control, material handling, infrastructure and entertainment.[1][2][3] On 2021 Govil was accused of fraud [4] and on 2026 was condemned to pay $9.7 million of ill-gotten gains and interest in a case brought by the U.S. Securities and Exchange Commission over securities fraud[5]. Govil has been accused of “Scalping”, Misappropriation and A Whole Lot More [6]. Aron's son Saagar has also been involved in scaming investors. Govil family including Aron and his son Saagar are considered one of the biggest scamers in America of Indian origin.
Career
Govil is a graduate of The City University of New York with a BE in Chemical Engineering. He also has an MBA in finance, a P.E. engineering license and a Ph.D. in Environmental Engineering.
In 2007, Govil was honored by USPAACC with the 2007 Excellence Award for his outstanding achievements in Business & Entrepreneurship.
In 2011, Govil was named among the 25 most influential Indians in North America by Global Indian Organization.
Embodying entrepreneurial excellence and turning barriers into breakthroughs, Govil has gained worldwide prominence through his Ducon Group, which is the largest corporate group in the United States owned by anyone who is of Indian origin. It has also been ranked as the leading Indian-owned company in the U.S.A. by India Times based on annual revenue. His group is involved in energy, environment, electronics, entertainment, engineering and infrastructure fields globally.
Govil is a dynamic explorer of new vistas of enterprising life and has proven that the zenith of success is achievable if the person aspiring for it continues his pursuits consistently and can always maintain his focus with a positive attitude regardless of setbacks in life.
Govil single-handedly built the Ducon Group from a one-person outfit to a global company that has secured over 30 patents in the most advanced technologies and has completed over 40,000 industrial and utility projects worldwide. His group company has been ranked among the top 50 companies by Long Island Business news.
Govil has produced, financed, and even directed numerous Bollywood and Hollywood films.
Govil has recently written a book on the state of politics in the U.S. Additionally, he's also been named among the 25 most influential Indians in North America by Global Indian Organization and Person of the Year by G.I. magazine.
According to the SEC, Govil committed a series of fraudulent activities, including scalping and the misappropriation of investor funds. To settle the action, Govil agreed to pay in excess of $1.2 million in disgorgement and penalties. According to the complaint filed by the SEC, Govil misappropriated over $7 million of Cemtrex investor funds between April 2016 and January 2018 to finance his personal business ventures and to pay his personal expenses.
The SEC further alleged that Govil, while serving as Telidyne’s chief executive officer, made material misrepresentations to investors regarding the company’s products. According to the SEC’s complaint, between at least April 2019 and May 2020, Govil falsely told investors that Telidyne, which purported to be a developer of mobile phone applications or “apps,” had developed the “Teli App,” which allowed users to transact business in cryptocurrencies from their mobile phones, and also had started work on an app to detect COVID-19. The SEC claimed that these statements were false because the Teli App did not have the stated cryptocurrency functionality and Telidyne had not started work on the COVID-19 detection app.[4]
On January 2026, A U.S. judge in Manhattan on Tuesday ordered Govil to pay $9.7 million of ill-gotten gains and interest in a case brought by the U.S. Securities and Exchange Commission over securities fraud.[5]
References
- ↑ "Aron Govil | Entrepreneurs-Director-Filmmaker And Author Of Book". Aron Govil. Retrieved 2021-10-14.
- ↑ "Aron Govil: 3 Tips for Breaking into the Entertainment Industry". www.ktvn.com. Retrieved 2021-10-14.
- ↑ Hunter, Caroline (2021-10-04). "Aron Govil, Ducon CEO, proves diversified holdings boost business". EIN Presswire. Unknown parameter
|url-status=ignored (help) - ↑ 4.0 4.1 https://www.sec.gov/newsroom/press-releases/2021-132
- ↑ 5.0 5.1 https://www.reuters.com/legal/government/us-judge-orders-former-cemtrex-exec-pay-back-ill-gotten-gains-2026-01-20/
- ↑ https://fhnylaw.com/enforcement-news-scalping-misappropriation-and-a-whole-lot-more/
External links
- Website
- Aron Govil on IMDb
- Aron Govil on LinkedIn
