Wednesday, August 31, 2011

Police line up to take custody of SpeakAsia accused


MUMBAI: Soon after the five men arrested in the multi-crore SpeakAsia fraud were granted bail and released from the Arthur Road jail, a police team from Mira Road took them into custody. Now, police teams from across the country, including those from Pune, Delhi, Rajasthan, Haryana, Madhya Pradesh and Goa, have queued up to take them into custody for the fraud.
The five members of the Singapore-based company were first arrested by the Mumbai EOW. They are SpeakAsia COO (India head) Master mind of fraud  Sir Tarak Bajpai (36), Rajeev Mehrotra, technical head for the portal, Shaikh Rais Latif (32), assistant for daily portal operations and in-charge of regular pop-ups, Ravi Janakraj Khanna (44), finance accountant and Deepankar Sarkar- an active promoter from Raipur. The company is believed to have duped investors of Rs 14,000 crore. It had 150 franchises across the country and 18 in Maharashtra. "At the time of the arrest of SpeakAsia officials in the last week of July, the company had over 20 lakh investors in the country. A red corner notice is likely to be issued against its senior officials soon," said a Mumbai police officer.




The Most Affordable Way to Sightsee Canada




We request you to provide maximum information related to your travel plan in the "Requirements" field This will help us to process your information quickly and accurately.





Save 40% on a Canadian Vacation


Sign up for PayPal and start accepting credit card payments instantly.

























http://mandu-thecelebrationoflove.blogspot.com/

http://bandhavgarh-nationalpark.blogspot.com/

http://aerosoft-career.blogspot.com/
http://shweta-agrawal-indore.blogspot.com/
http://airaviator.com/freeguide/
http://visitshirdi.co.in/Book/
http://the-multi-tasking-banana.blogspot.com/

http://newzealand-aviation-news.blogspot.com/

http://canadian-aviation-news.blogspot.com/

http://USA-aviation-news.blogspot.com/

http://UK-aviation-news.blogspot.com/

CaptAnkishaAwasthi - Find me on Bloggers.com
Mr Ronak Agrawal,  AsiaGuide Tours & Travels,  B-19, Upper
Ground Floor, Stadium Complex, Jalgaon 425001 MS India, Tel: 91 257-2239636 M :-
91- 9960222656 E : asiaguidetours@gmail.com  W : www.asiaguidetours.co.in
  http://asiaguidetours.co.in
B: http://asiaguidetoursandtravels.blogspot.com  


Shripad India Tours & Travels, B-110, Dindayal Complex,Near Ved
Nagar, Nanakheda, Ujjain, India  T : 456010, 9406841345, 07344041397,               
E  shripadtravels@yahoo.co.in, www.shripadtravels.com
  


  free counters
Business Blogs
blogs
aero0f-20

2 comments:

  1. The Bombay high court on Wednesday criticized the Economic Offences Wing (EOW) for its "total inertia and inaction" while dealing with scamsters who dupe people of their life savings through quick return investment schemes.

    A division bench of Justice Ranjana Desai and Justice Rajesh Ketkar was hearing public interest litigations against SpeakAsia and a similar Ponzi scheme floated by Rahul Patil of Symbiosis Group where "Rs 25-30 crore" were collected from investors.

    The judges had barely finished hearing the SpeakAsia case and directed the EOW to file an affidavit on the preventive steps it proposed to take to curb such offences when the Symbiosis case came up for hearing.

    ReplyDelete
  2. This comment has been removed by the author.

    ReplyDelete