Where is our Exit Payments?

Nobody knows this answer because Speakasia is not willing to pay us back. It seems they are finished with their excuses like First batch, Second Batch and Blah blah blah……. It’s more than 3 months now, since they started collecting the Exit confirmation forms but till today not even a single person has claimed to receive any such Exit Payments. What does it mean?  It means Speakasia is using their permanent strategy of fooling panelists by giving fake updates through their marketing blog so that the Panelist would not shout for their money as they were supposed to do so.

Yesterday I saw an article published on Mobi club defending Mr. Ashok Bahirwani against his crimes and his statement “I am too a victim of fraud”. This is an another attempt by culprits to misguide the poor panelists of Speakasia. Now I would like to discuss that fancy article written by Mr. Aman Azad with various questions that he already answered in his articles and I will also try to discuss the same with my points of view.

The court asked during the proceedings if Mr. Ashok Bahirwani is Accused or Victim? The reply was that he is a victim. This gave rise to another question, that if he is a victim, then why does he say / write “Jai Speak Asia? A very bizarre situation.If he is a victim, then why does he say write “Jai Speak Asia?

It’s because he is being paid by Speakasia to say that word. Merely saying that he paid the subscription amount for panels, will not prove him innocent  as we all know that it is a part of pre-planned game plan at first he supported the Company  and misguided the panelists for the company’s benefit (protests against govt agencies, public support for culprits by address them as Hero, useless press conference organised for company’s image and etc..) so that the poor panelists will not file cases against Speakasia and he kept on misguiding the panelists by saying that Speakasia is Genuine, wait for payments, restart and have faith, Jai Speakasia.…. But when the time came for his investigation he changed his statement that he is a just a VICTIM.  As I already mentioned you this before that it is a pre-planned game,  See now, how easily he is fooling Us and the Court by saying that I am just a stupid Victim. What Bullshit. 

I am damn sure that there must be a same statement from our so called Hero Mr. Tarak Bajpai, he must had claimed himself in his statement that “I am just an employee of Speakasiaonline and I am in no way associated with its scam, I was a just a salary based employee and I didn’t pull any commission or scammed money from Speakasia”. This is an example how successfully such SCAMS are executed in our country, first loot the innocent poor peoples and later on at the of investigation take the initiative of Law’s loop holes so that they can’t be prosecuted as a main Culprits. This is why third degree is used by Indian Police; in fact it is indeed required for the interrogation of such criminal minded peoples. That is why Mr. Bahirwani scared of EOW’s interrogation and took the permission for video recording in his interrogation but EOW refused to do so.

Mr. Ashok Bahirwani, this is a direct question to you. According to your statement in your Anticipatory Bail Application that “I am too a victim of fraud”. As you are fully aware about the Speakasiaonline Scam and now when your are claiming yourself too as a Victim of fraud then what are you doing right now? Why didn’t you register any criminal case against Speakasiaonline for your money? Infact you were supposed to be the first one to come forward and register case against Speakasiaonline as you have been acting as a Secretary of AISPA(Panelists Association), So, as being a Secreteray of Panelists Association, you are supposed to fight for the Panelists rights and benefits, but you aren’t doing that WHY?

The money was to be given by SAOL but they have failed to do so. Why? Because it is already handcuffed, it can not work freely.

Ok, we will talk about RESTART later as we all know that matter is in court and will easily take years to reach up to this stage but what’s the exact cause behind the non-payment to the Exit seekers. Now when all the payment related issues are fixed then what could be the possible reason behind the Non-payments? The reason is “No intention”, it’s is crystal clear here that it’s the permanent strategy of Speakasia management from the beginning to blame the Govt. Agencies for everything but in reality Speakasia lacks one thing and that is “INTENTION”. Because they are cheaters from the beginning, every time they make excuses but never make payments But still they are Genuine, HOW? 

Just look back in past-May 2011, Speakasia issued a notice in their website saying that we are unable to make payment due to UOB Bank Singapore freezed our Accounts and we are arranging a new “Escrow Account” and it will take from 4-8 weeks for the payments But have you noticed that in these 3 months(May, June, July till Navneet Khosla Case), Speakasia kept on selling their panel accounts and issued Lakhs of new accounts to the peoples. In this Notice, I couldn’t digest the statement saying that we are unable to make payments due to Accounts freezed/shifting but if their Account was freezed then how did they accept payments and deposited money from India to Singapore in these three months. 

Dear fellow speakasians, use your brain and think about it, don’t get fooled by the fancy articles published by these Top panelists. We should thank Mr. Navneet Khosla for taking such a responsible step by coming forward and filing case against Speakasia, he was the first person who focused the light on this scam  otherwise Speakasia could have duped Few more billion rupees. That’s why he recovered his money from Speakasia because he filed case against Speakasia, We did nothing that’s why we got nothing and neither will get anything by sitting like this, We have to take legal action against Speakasia or forget about your money. If you don’t fight for your rights then nobody cares for you. Either forget your money or fight for it. The Choice is yours.

Company cannot return the money because it does not have access to all the resources

Dear Mr. Aman Azad, who the hell you are to give such a statement on behave of Speakasia management.  As you claim yourself as an AISPA member and For sure, if you will face any such future interrogation like Bahirwani then you will definately give the same statement like “I am too a Victim”. So, better stop giving updates on behave of Speakasia Management or take the full liability for your statement. You pretend yourself as an AISPA Member, So, better stick to your JOB and tell us what have you done till today for the benefits of the Panelists? Leave the Company’s statement for their lawyers and their marketing teams; you don’t need to publish them. It’s the duty of Speakasia’s fugitive Management to give us in Writing that they don’t have resources to pay us back with Proofs attached on it.

My friend, money is the same. People in every industry earns like this only by attracting money from others. Money keeps on circulating between us through various modes. Is there any one of us who can create money? We can only create incomes. Money just changes hands. When a shopkeeper supplies the things you demand and you pay them for fulfilling your demand. Than shopkeeper will pay that money which is earned by you to other to purchase something needy for him. This chain continues from the ancient time.

Are you explaining us how an Economy works? Are you trying to compare Indian Economics with Speakasiaonline?  In an Economy money circulates from one person to other on a basic principal in which one person’s expense is an income of an another person. Eg. One person spends by buying goods and services and another person earns by selling goods and services. This is how an Economy works.  What’s the similarity between the money circulation between an Economy with Ponzi scheme business of Speakasia? The money which was circulating between Speakasia is commonly knows as Ponzi scheme and all kind of Ponzi schemes are banned in India and anyone who is involved in such an activity is committing a serious Crime. Speakasia’s has no real business at all and neither they had any source of income and they were paying the rewards points through the new joinings. At the time of joining they fooled us that they conduct surveys for their clients and in return they pay for every submitted survey but in reality they didn’t even had a single client, its already proved years ago.So, if the whole business model was a scam then what are you trying to prove by comparing Speakasia with Traditional forms of legal businesses.

Here is the Definition of Ponzi Scheme for those peoples who don't know the exact meaning of this scheme and compare the below definition with Speakasiaonline's business :- A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation. The Ponzi scheme usually entices new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent. Perpetuation of the high returns requires an ever-increasing flow of money from new investors to keep the scheme going.The system is destined to collapse because the earnings, if any, are less than the payments to investors. Usually, the scheme is interrupted by legal authorities before it collapses because a Ponzi scheme is suspected or because the promoter is selling unregistered securities. As more investors become involved, the likelihood of the scheme coming to the attention of authorities increases. The scheme is named after Charles Ponzi, who became notorious for using the technique in 1920.