This is on of the latest and breaking news for all Speak Asian a you will not be happy to listen to this news. According to latest news which is published in Times of India, Red corner notices against seven office-bearers have been issued. And Investigations into the Speak Asia Online have revealed that the online survey firm duped over 24 lakh investors across the country and it had its head office in Mumbai itself, and not Singapore, as reported earlier. Now this news is clearly saying that Speak Asia has its office in Mumbai but when asked by Speak Asia online, they said we don't have any office in Mumbai. The police said the firm had transferred Rs 1,000 crore from India to Singapore. They said the fraud amount has crossed Rs 2,276 crore, but going by the number of investors, it could be over Rs14,000crore. Subscribe to Syconet World by Email.
Economic offences wing (EOW) additional commissioner of police Rajvardhan said, “We have seized two Mercedes cars belonging to its Indian chief, Manoj Kumar Sharma, currently in Dubai, and a panelist. We are trying to find out the banks where transactions took place. Our teams are also working on forensic accounting to establish it.”
The EOW had arrested chief operating officer, Tarak Bajpai, 36, and his colleagues Rajeev Mehrotra, technical head for the portal, Shaikh Rais Latif, 32, an assistant for portal operations and in-charge of regular pop-ups,Ravi Janakraj Khanna, 44,finance accountant, and Deepankar Sarkar. They are in the Thane(rural) police’s custody.
According to the News police has frozen 60 Bank account in which Rs 150 crore were there and the 2 Mercedes are valued Rs.1.30 Crore and The police have found the flow of over Rs 1,000 crore to the United Bank of Singapore. “The firm has started a new web site, claiming the cops are allowing them to continue business. They are lying, to cheat investors. While people are coming forward, most don’t want to lodge complaints, hoping to get their money back,” said the officer.
Hey Speak Asian its a tough time now. Please let us know your views, what you think about this.