5000+ page long Speak Asia chargesheet filed
Two and a half years in the making and despite Speak Asia’s best attempts to thwart investigations into the company at judicial and local levels, Indian authorities on the 16th of December finally filed a chargesheet against Speak Asia.
“The accused have been booked for forgery, criminal conspiracy and cheating among other charges under the Indian Penal Code and Prize Chit and Money Circulation Banning Act. The maximum punishment for these offences is up to seven years’ jail,” said B P Shelke, investigating officer.
Named in the chargesheet are
Tarak Bajpai; director of Tulsiyat Tek Rajiv Mehrotra; SpeakAsia prime franchisee Deepankar Sarkar; panelists Ashish Dandekar, Raeesh Shaikh, Rahul Shah, Sanjiv Dandona among others; and eight firms-SpeakAsia Online, Haren Ventures Pvt Ltd, Tulsiyat Tek, Tulsient Info System, Kritanj Management and Allied Services, Seamless Outsourcing, Seven Rings Education and Seven Rings International.
I wonder if any of Kumar’s AISPA cronies made it onto the list? Or were they truly just collective sheep operating solely on the promise of one day getting paid their Ponzi returns?
The EOW’s chargesheet comes in at over 5000 pages and will no doubt take whoever has to go through it some considerable time to digest.
The charge sheet contains all the evidence that we have collected during the investigation. It was a lengthy probe. The money was collected in India, laundered in Dubai and other countries, and hence, it took time to file the charge sheet.
No doubt. Here at BehindMLM we’ve been covering the case since early 2011 and I imagine if one were to print out all 77 articles and their respective comments to date, you’d have a similarly sizeable stack of paper too.
Looking forward Rajvardhan Sinha, EOW chief, advised
We will be filing supplementary charge sheets too.
The police have also issued look-out notices against the wanted accused-Manoj Kumar Sharma, India CEO of SpeakAsia; Ramnivas Pal, promoter; and Harendar Kaur, global head of SpeakAsia online-across all airports in the country. They will be detained once they arrive/ try to leave the country.
EOW officers said that they will file chargesheet against mastermind Ram Sumiran Pal and his brother Ram Niwas later.
Sounds good to me, although I’m not sure how effective airport notices will be, considering the chosen route of escape/re-entry into India by Speak Asia management appears to be by train to Nepal.
Meanwhile over at the Kumar camp, desperate denial is still the dish of the day:
The EOW ,in pursuance to the Bombay HC order in WP 1127, has filed the Charge Sheet in FIR 60.
The Charge Sheet was filed today ie 16th, Dec, 2013, at approx 4.45 pm in the Magistrates Courtroom no 47 of Magistrate Mrs Shinde, Esplanade Court.The process of filing is on right now.
CONGRATULATIONS !!
– Ashok Bahirwani
Only in the bizarre world of Ponzi scammers does having charges of ‘forgery, criminal conspiracy and cheating’ filed against you warrant “congratulations”.
As we wait for the Indian legal process to move forward, the big question now is whether or not Manoj Kumar will come out of hiding and face the music.
Bit hard to argue your legitimacy when you’re hiding away in your fortress of solitude and pulling the strings of your puppets with stolen panelist money…
The Police has taken a lot of time to file this initial charge sheet. It may be fatal for some of the investors as they can no longer file a civil claim for the return of their money.
I think the law of limitation is three years in India. Hence making a claim in a Civil Court in India will have to be done within three years from the date of investment. So anyone who has invested in the Speak Asia survey scheme must file a claim in a Civil Court within three years of the investment.
This is a major issue.
Oz
These guys are congratulating and asking members to wait for official announcement from company and restart.
I cannot imagine how can Indian authorities and the court will ever allow a restart of a company with a chargesheet of forgery and scam on it. How can a sane person ever believe this crap posted on power page.
Yeah the mind definitely boggles over how a 5000 page criminal chargesheet filed against your company can be a good thing.
We saw the same thing with Zeek Rewards though ($600M US Ponzi), people were running around claiming SEC/AG investigations were operational formalities and such before they were shut down.
Denial when money is involved is an extremely powerful emotion.
The civil claim is not a normal civil claim, e.g. individual claims from a creditor against a company. The Supreme Court has already made a decision about that:
“The case is criminal in nature. It involves lacs of people. This Court can not turn a blind eye towards the fact that other claimants will have similar rights as the 115 petitioners”. (Retold from memory).
You can probably forget filing individual civil claims. The civil claims will probably need to be handled similar to bankruptcy claims, as a “group of creditors”. Or it will need to be handled as a part of the criminal case, as a “group of victims”.
You can’t ignore the principle of EQUALITY BEFORE THE LAW, i.e. that every creditor will have similar rights to restitution. It’s found among the other Fundamental Rights in the Constitution of India.
The Supreme Court have clearly made a decision about it when WRIT 383 “Solomon James” was withdrawn in September or October 2012.
Source for the quotes (link to another thread):
No class action is permitted in India for any civil claims. Hence all investors will have to file individual claims against their upline members / investors as well as the company Speak Asia.
This is the reason that small gullible investors have lost thousands of crores in various investment schemes in India.
The criminal case will stretch on for years and will be appealed in the High Court and Supreme Court if Speak Asia is found guilty. The whole process may take ten to fifteen years.
The time to make a civil claim is now before the closure of the three year limitation window.
“Denial” is not a river in Egypt. Those guys are reacting to the shock with “disbelief”. They rather listen to the version in their head rather than reality.
As the American expression goes… Enjoy the treadmarks on your back (when reality runs you over).
I’m not familiar with the laws of India or how they normally will resolve claims from victims in a case like this. But I’m familiar with the different court decisions up until that one (Writ 383 final order).
The case is criminal in nature. The panelists should normally have status as “victims” rather than as “creditors”. It will also be about “group of victims” rather than “individual victims”, i.e. you can’t ignore the “Equality before the Law” idea.
Normally, the court that is handling the criminal case should also handle claims from the victims. Once a chargesheet has been filed, it should normally detect the potential claims from victims, and make an initial decision about how to handle that part.
Try to look at a few criminal cases that involves groups of victims with relatively similar rights, and look at how it has been handled? I’m not familiar with ANY other cases than SpeakAsia.
Try to post some questions about in a forum or something, but try to find the right one first. Also make sure to describe the case correctly and ask the right questions.
Thought this was interesting, they’ve (re)arrested Ram Sumiran Pal for his part in the AdMatrix scam.
To this day Speak Asia’s top sheep still deny AdMatrix had anything to do with Speak Asia.
http://timesofindia.indiatimes.com/city/mumbai/SpeakAsia-promoter-held-in-one-more-cash-return-scam/articleshow/27938279.cms
Seems they want to make *sure* he doesn’t get away, as now they have to file TWICE the paperwork to bail out or whatever. And now judges have much better excuse to not grant them bail.
Oz, only seven comments are visible.
Why have you deleted the last two commnents?
One was your own!
Uh, 10 comments are showing on my end (including yours). This one makes 11.
Not sure what you’re seeing.
Seems Chrome has some cache refresh problems. If you’re using Chrome, hit refresh!
I think it more likely to be a server issue.
Similar things have happened to me several times over the last weeks using Firefox.
* posts appear under “your feedback” but don’t show up for hours at the end of the relevant thread.
* posts disappeared when I click “add comment” then appeared 45 minutes later when I attempted to repost and both posts appeared
Might have something to do with the cache plugin I changed over to back in December. I’ve fiddled around with the settings, let me know if the problem persists (I haven’t had any issues but I’m not served cached pages).
It is ok now. 14 comments are seen.
Thought this was amusing. Ram Sumiran Pal ripped people off and then (claims he) got ripped off himself.
Cue anjali’s claims Tiwari is just a misunderstood ice-cream salesman in 3…2…1…
http://timesofindia.indiatimes.com/city/mumbai/Delhi-businessman-conned-SpeakAsia-promoter/articleshow/29326102.cms?
Lay down with dogs and you’re going to catch fleas.
It seems Manoj Kumar Sharma is terminally ill. Hes suffering from Cancer…… so all Speakasians should just forget their money…..
Even if he is dead he must be extradited to India. No mercy for such rascals even on medical grounds. Also where in hiding is Smt Haram Khor?
It’s one of the methods from “Ponzi 101”. “I was unable to run the business due to a serious attack of Dengue fever that lasted for 6 months, and it all were in ruins when I came back from the hospital”.
It’s listed under “E”, “Excuses you can use when your Ponzi scheme is about to collapse or have collapsed”.
She is suffering from Alzheimer’s and, hence, does not remember her past.
True. I think the whole company suffering from Alzheimer. They even forget to renew the speakasiaonline.com domain (NOTICE: This domain name expired on 21-01-2014 and is pending renewal or deletion.)
Where are those people shouting
“Long live Speakasia, We are going to win, Coming back soon” 🙂
Hi how to get full information from RTI about speak Asia whether its possible…?
You could ask whoever made the FTI request, or find out where they are filed and try to file one yourself?
Hi speak Asia web site shows “Moving to new brand site and it will be open at 8 pm”. Please update the latest news
Hi mob club website shows Manoj was recently died on 04-02-2014 on Singapore. Any one please share more information about speak Asia.
It was first published in ComputerWorld, January 17.
http://news.idg.no/cw/art.cfm?id=5224F51D-B363-09BA-8F8E24AC3B9DF5B0
Manoj Kumar Sharma was probably alive on February 23.
http://timesofindia.indiatimes.com/city/mumbai/SpeakAsia-mastermind-suffers-from-cancer-Legal-firm/articleshow/30914087.cms
It’s possible. There’s an unconfirmed report a month or two ago that Manoj Kumar Sharma was dying of cancer in a Singaporean hospital, and had summoned an Indian author to write a book about SpeakAsia and he wants his story told… from his side.
The author wrote an article for newspaper instead. If you search for it you can find it.
According to that website, he only expired. In 2006. 🙂
Yes according to panelist he was expired during 2006. Now what about panelist money. Speak Asia site says they waited for charge sheet . But two months before itself charge sheet filed in court till now there is no update from speak Asia. I want the copy of change sheet 5000 pages where I will get it…
If they’ll give it to you, from the Mumbai EOW.
speakasiaonlinemobi has put out the news that Manoj Kumar has expired on 04.03.14.
What happens to the money of the investors which was transferred abroad?
And the case?
And Mrs. Harinder Kaur?
The biggest question is whether all this is true at all. Or it is only a news item followed by a plastic surgery job and a new passport followed by a visit to the EOW to learn of the progress in the investigation.
So is it gooodbyee followed by a how are you?
In bollywood style!
Time will tell! Time will tell!
As I first reported in 2011, it’s gone.
India doesn’t seem to have laws to cope this scale of fraud. At least not yet.
I imagine if he’s really dead the investor money will find its way to his wife. Probably waiting in an offshore bank account somewhere which is why she keeps trying to leave the country.
She’ll just continue to play the waiting game I imagine, hoping the police lose interest in the case and she can slip through the cracks.
Not that I believe Kumar is actually dead…
The death of Manoj Kumar must be verified by international agencies!
Manoj kumar has played a smart game. Chargesheet being filed and seeing no escape from law, he is left with only one option to change his identity and spend his life in exile on a beautifull beach bunglow enjoying on panelist’s money.
After the arrest of Pal brothers, EOW has only recovered a miniscule amount of money from them in the form of real estate investment which may or may not be more than 10 crore. I knew many leaders/ franchisees of speak asia who made more than 20 crores in commissions by working for speak asia.
All claims of EOW of Pal brothers being the mastermind of scam has fallen flat on their face and they turned out to be nothing more than a commission agent who joined at initial stage. All the investigation is being over and EOW had reached the top of the chain with still a recovery of mere 150-160 crores by way of freezing franchisee and panelist’s accounts/properties who were only commission agents.
All eyes are on manoj kumar and haren kaur now. It is very easy for a person with more than 2000 crore in hand to do plastic surgery and change his face, getting fake documents in fake name is a kids job then. When people are dying, they try and do some good work in their last time rather than hiding overseas and enjoying on that money.
If EOW is really interested in laying their hands on investor money, they should lay their hands on haren kaur and renu sharma. Haren kaur being the signing authority of cheques issued from speak aisa’s UBS , singapore account, would know for sure where she had transferred money at the behest of Manoj Sharma and who are the beneficiary of those accounts.
My post has been deleted!
Any problem?
Not on my end… only thing I can think of is I *might* have accidentally deleted it when I was publishing a whole bunch of test comments a few days ago.
Vishal Goswami has the perfect solution.
Aispa spoke about manoj kumar after much delay. It is the same so called pro panelist entity who distanced themselves from the arrest of Ramnivas Pal and Ramsumiran Pal after news paper claimed them to be the mastermind of spaek asia scam.
It is surprising why they are associating themselves with Manoj Kumar Sharma now who media claimed to be the main cospirator. Something isn’t right and AISPA is not what it claims to be and is being run from someone very close to Manoj Kumar Sharma from behind.
And we here at BehindMLM have said that for YEARS.
Is it Ashok Bahirwani?
After all he has been chanting “Jai Speak Asia” for ages! Till the Bombay High Court took note of it!
Manoj kumar and AISPA are actually using the media publicity that Pal brothers got in begining, in their favor.
Media has long said that Pal brothers are the mastermind of speak asia and did everything with the help of Manoj Kumar. They being absconding from long time and not co-operating with investigating agencies worked drastically against them.
Now Manoj kumar being declared as dead, the investigation will be termed as complete as there will be no room left for investogators to proceed further and they will shut this case saying the money went out of India is untraceable.
Pal brothers and other arrested till this date will get framed as the main cospirators and will face the wrath of Indian judiciary. There is AISPA to keep panelists at bay and prevent them from taking any action. This is a win win situation for Manoj Kumar and family as they can enjoy the fruits of ill earned money at peace now.
Poor Franchisees, panelists and Indian management who are arrested till now will get implicated and sent to jail just for working hard and showing trust on Speak Asia and their promoters Manoj kumar and Haren kaur… India is Great!
Any updates about speak asia
Nope. Everyone who signed up for and supported AISPA can give themselves a pat on the back.
The only people who got their money back were the ones who complained. Y’know, the ones y’all made fun of for “ruining” your scheme.
Harendar Kaur has everyone elses money and she’s probably figured a way to transfer Kumar’s share to his wife by now.
Not sure what the EOW will do with the case next.
Hi from past 10 days speak Asia web site not opening and Now aispa sit also not opening…..
@balaji
Kumar probably stopped paying the bills…
Ashok Bahirwani had submitted an edited clip against me alleging that I was trying to extort money.
Police Station Colaba refused to register the complaint of Ashok Bahirwani against me based on the full alleged video recording of the meeting with me. The Police gave a letter to Ashok Bahirwani stating this.
Thereafter Bahirwani went to the Bombay High Court and filed CrWP no. 4268/2013 and on 14.03.2014 the High Court asked him to take recourse to sec 156(iii) CrPC. This means that he will have to prove to the Magistrate that the Police have wrongly investigated the matter and a complaint should be registered.
Nothing has happened as yet thereafter.
False allegations come unstuck despite high profile advocates.
Bahirwani’s golden goose “died”. I don’t think anyone will be hearing anything further from him.
He’ll probably go back to selling diamonds or whatever it was he was doing before Kumar started paying him.
The charge sheet filed by the EOW of Mumbai Police clearly spells out the charge of the Police that the online survey scheme of Speakasia was fraudulent and has submitted various proofs of the same including the statements of witnesses.
The “Jai Speakasia Brigade” is well organized and has been very active on and off the net. Civil Writ Petition no. 383 of 2011 was filed in the Supreme Court of India and was dismissed as withdrawn on 19.09.2012.
Unexpectedly this is now being being heard again from 10.1.2014 and the seventh hearing is listed on 15.04.14. Very short adjournments and the orders do not reveal what is being heard by the Hon’ble Court.
Speakasia had assured its investors a return of 10% per week through surveys alone. Binary income and supervisory income was additional. On 10% ROI the investor was thereby assured that he would get his investment in 10 weeks – 70 days. However there was 30 day waiting period for collecting his money. Hence in 100 days the investor could collect his money and thereafter he would collect his profits.
100 days means approx 3 months and 10 days. Speakasia’s survey payout stopped from 12.05.2011. Hence anyone who has invested 100 days prior to the shutdown should have already collected his investment – approx 01.02.2011.
Now it is these investors who urgently need to unite and recover their investment in the SAOL survey scheme? Right?
Don’t think there’s anything to recover. After the CID dropped the ball in court back in 2011 Kaur transferred most of it out of India.
She and Kumar have been blowing investor money on who knows what since…
You can’t apply normal investor logic on a fraudulent Ponzi / pyramid hybrid. It was a FRAUD rather than an investment, and investors will be lucky if they’re able to recover a fraction of the money they invested.
People were not “assured” to get 10% per week, it was only an empty promise not backed up by any money. The investors will not have any valid claim about being paid any profit. Frauds only pay ILLEGAL profits.
You will need to look at what you LEGALLY can claim through a court. A court can’t be expected to help you to collect any illegal profit.
You have 2 groups of investors = net winners and net losers.
* Net winnings = total payouts minus principal investment.
* Net loss = principal investment minus payouts.
You have already recovered your money through a settlement. The net losers’ interests may potentially come in conflict with your own interests.
You have focused on a specific idea = “file multiple FIRs all over India, and sue your uplines”. I don’t believe that idea will work, so I’m not eager to support it. The legal logic backing up that idea was rather constructed.
I have been paid and this has been submitted in the Supreme Court and the Bombay High Court.
Now the question arises as to what the net losers should do to recover their investment. Most of the investors after 1st February, 2011 were innocent investors and did not realize that the surveys were fraudulent as there were no clients.
Are you suggesting that the net losers should not do anything to recover their investments – you can call the act of paying money to Speakasia by any name. The net losers are poorer by the unrecovered amount paid to Speakasia.
To my information EOW Mumbai has attached about less than 200 crores. This may be less than 10% of the payment by the net losers.
Is the conclusion of your argument that the net losers should not do anything legally to recover their investment in the fraudulent survey scheme of Speakasia? I am sure that you can think of a good way to help the net losers recover their investment.
Please do let us know as some net losers are desperate to get their money back.
My position would be from whom are you going to recover the funds from? Kumar and Kaur are MIA and they had/have the money.
I can only hope Indian regulators learnt something from the whole ordeal. Perhaps next time they’ll be better equipped to deal with modern Ponzi schemes.
EOW, Mumbai has filed a chargesheet in the Hon’ble Court of the 47th Addl. Chief Metropolitan Magistrate’s Court at Esplanade, Mumbai (Ms. Shinde) and the matter is now listed for hearing on Thursday 17th April, 2014. So the State of Maharashtra through the investigating agency – EOW of Mumbai Police – has officially and irrevocably labelled the online survey scheme of Speakasia as illegal, fraudulent, etc and the accused persons are liable to be punished after due process of law with jail terms.
In my opinion Oz, you are a wise man and are aware of all the major global MLM schemes running or run into the ground. What you do not know about MLM schemes may not be worth knowing – operators, modus operandi, etc.
Let us assume for the time being that you had innocently invested in the fraudulent online survey scheme of Speakasia and are a net loser after the shutdown. From where would you attempt to recover your invested money?
You like all the other net investors would have three options:
1. Speakasia Online Pte. Ltd.
2. The person you paid – distributor or existing investor/panellist who encashes his ewallet by generating PINs and sells the same to you
3. Your entire upline who have received your investment irrespective of the numbers or the geographical location
If, for any reason, you can not recover your money from any of the above then you would have to wait for payment from the money frozen by the EOW, Mumbai Police after the tax liabilities have been settled by the Government authorities.
Now I ask you Oz to advise the innocent investor to advise how to go about recovering his investment in the fraudulent online survey scheme of Speakasia Online Pte. Ltd.
That’s beyond what I do here on BehindMLM.
So now tell the innocent investor on how to recover his investment in the fraudulent online survey scheme of Speakasia Online Pte. Ltd.
The innocent investor is interested only in getting back his money and has waited patiently for almost three years!
AISPA, Bahirwani and the others of the Jai Speakasia brigade have been talking of the company restarting after the EOW of Mumbai Police co-operates but there is no chance of EOW co-operating and it is clear that the company will not restart.
Please put on your thinking cap, tap into your vast experience and knowledge of MLMs and in a day or two give some suggestions.
Today at 3.00 PM – 17.04.2014 – is the date of hearing in the chargesheet in CR no. 60 of 2011 filed by the EOW, Mumbai Police in the Hon’ble Court of the 47th Addl. Chief Metropolitan Magistrate’s Court at Esplanade (Qila Court) at VT (Chatrapati Shivaji Terminus) adjacent to the BMC Headquarters, Mumbai for the hearing before the Hon’ble Ms. Shinde.
It is a voluminous chargesheet of over 5000 pages and the supplementary chargesheet is likely to be even longer, as and when it is filed by the EOW.
EOW of Mumbai Police – has officially and irrevocably labelled the online survey scheme of Speakasia as illegal, fraudulent, etc and the accused persons are liable to be punished after due process of law with jail terms.
All the accused are to appear in Court today. It is an open Court and all the persons who have lost money should try and come to the Court and see the process of justice commence.
Hi navniit any news on 17th hearing…
Adjourned to 3rd September, 2014
@Navniit Kkhosla
Here’s one method to collect information from victims during investigation:
sec.state.ma.us/InvestorComplaint/telexfree.aspx
That form doesn’t ask for any “vital data” (e.g. bank account numbers). A real “proof of claim” form will require much more information, but that form is much more useable to get overview of some of the victims (in that particular case).
The form is now being used by the Securities Division, Massachusetts Secretary of State, to collect information about how TelexFree operated.
TelexFree used a software similar to SpeakAsia’s one, with new user accounts generated from the back office and sold for cash to new victims.
If you want to do something for the victims, you should probably look at different types of solutions for HOW a claims process can be resolved in reality.
Finally AISPA site has been suspended due to non payment. It is now clear the only motive of AISPA was to protect the upliners like Franchisee’s and Distributors, once Charge Sheet was filed, AISPA disolved itself.
Bahirwani is nowhere to be seen, guys at Power Page have started to accept Bahirwani fooled them, except those few who earned loads.
EIGHT months have elapsed and no further development by the Indian courts on the chargesheet filed?
I am worried that all those SpeakAsia cronies named and jailed in the chargesheet may demand bail as justice delayed is justice failed.
Which, as I hate to say, I’ve been telling you folks for YEARS. 🙂
But as the cliche said, “to help someone, that person must *want* to be helped first”. Apparently many people in SpeakAsia do not want to be helped, but rather preferred to be told lies. Lies are easier to accept than truth, it seems.
Any news about speak Asia…?
Main accused in speak asia scam Narayanan Rajgoplan (not narayanan gopalan) has been arrested from delhi. He is the main accused running an advisory firm la marca and started survey scam by colluding with manoj kumar with the help of haren kaur from singapore.
He is the first one arrested in speak asia scam who knows everything inside out as he was the one who gave all the brains to set up the scam and handled it till the last moment.
He made the survey and handled network to gave them training and fancy materials to con others. He must have conducted over 1000 seminars for speak asia throughout India along with tarak bajpai to promote his ponzi scheme.
He streamlined the money flow into speak asia while manoj kumar managed disbursement. He was also present and was handling the speak asia’s not so famous press conference after the scam unearthed. He was the one who gave the presentation to all the reporter from the leading news channels/ papers present in that not so famous press conference and tried hard to explain them the speak asia’s ponzi model.
He is the one who gave speak asia look of a legitimate business model to con the innocent gullible people .He ran away with manoj kumar in 2011 to speak asia’s safe heaven in singapore so as to save his ass when indian authorities started their arrest in speak asia scam.
He returned to india via nepal route in december 2013 after filing of the charge sheet thinking that he is safe now. But in india where cases and investigations run for years, he ran out of his luck. He has spent too much time with tarak bajpai, maybe EOW will take their sitting together to spill the beans where they had stashed money.
With no progress and recovery in speak asia case after the arrest of pal brothers, this is a major break through.
Arrest of pal brothers proved to be an over hyped scenario created by manoj kumar and company only to save their ass. EOW did nothing and kept on chasing them like fools only to find out they are nothing more than a glorified salesman.
It got clear when ramnivas pal arrested from bangalore was short on his two months rent ( Its hard to believe and new to me that mastermind of a ponzi scheme has no money to pay his past two months rent).
Manoj Kumar and company succeeded by making pal brothers scapegoat up-till now but EOW have got Narayanan Rajgopalan in their hand which can lead them to the stashed money abroad and owner/s of podium ring international.
Now we understand the sudden silence of aispa and bahirwani on pal brother’s arrest, that was something rare on the part of bahirwani. Manoj kumar’s tantrums have failed and maybe we will soon get to see his new face taken after plastic surgery. Wait for the breaking news ahead.
News
http://epaperbeta.timesofindia.com/Article.aspx?eid=31804&articlexml=2-key-accused-in-SpeakAsia-scam-land-in-20092014005013
Photo Profile of Narayanan
http://sg.linkedin.com/pub/narayanan-rajagopalan/23/6b3/74
News conference of Narayanan/speak asia 2011
http://www.youtube.com/watch?v=KTheiE2cRt0
Ah they got the bald guy… I always wondered what happened to him.
Much respect to the gentlemen over at the EOW who are still pursuing this. I figured they’d given up.
If they can track the rest of the scamsters down more power to them. Maybe some of the money can be recovered after all.
I’ve also wondered about just how Bahirwani was being compensated to work for Kumar and friends. Maybe this Rajgoplan fellow can explain that to the authorities too.
Hey, it took India CID years to catch TVI Express Tarun Trikha, and only when he transited through Delhi airport. AND it seems someone leaked the news and there were “protesters” hounding him.
Speaking of whom, and sorry for the derail, any one knew what happened to TT after his arrest in 2012?
A question about Manoj Kumar Sharma. Did he recover from his terminal disease and death, or is he still dead?
The question is related to my experience in looking at “EXIT options” (“They promised a lot, but they failed to deliver. They probably never had any intentions of doing it either. Yet some people reported that they actually had worked, and posted proofs ot it online”)
Agreed this Narayanan Rajagopal is Chief of Frauds. He is out of jail now and has started 2 firms in partnership with Anshu Kapoor Who was his previous associate in Speak Asia also from LaMarca Advisory and a gentleman called Rajiv Sethi who is a publisher & Ex India Today.
The 2 companies now active are Marca Direct – marcadirect.com & Marca Tel – marcatel.in which are both ponzy fraud firms which are now defrauding gullibe customers out of their money.
They have nothing but glib talk to give, they promise the earth to both their customers and employees. Then Customers wont get products and employees wont get salaries, and cycle is continuing.
High time the authorities bring this culprits to books.
The second company MarcaTel is in understanding with a Denmark based company called Blue Town bluetown.com Now we dont know if Blue Town is a new fraud firm changing name from Speak Asia.
One has to look into that else this Narayanan fellow will again defraud Crores from people soon !!