Monday 14 January 2013

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.

Friday 11 January 2013

What’s the good news in this News?


स्पीक एशिया मामले में हाई कोर्ट की फटकार

कर्षिणी खन्ना ॥ मुंबई

फर्जी योजनाओं के जरिए लाखों निवेशकों के करीब २६०० करोड़ रुपए डकारने वाली ऑनलाइन सर्वे कंपनी स्पीक एशिया एसोसिएशन के खिलाफ एक साल बाद भी चार्जशीट दाखिल न कर पाने पर बांबे हाई कोर्ट ने महाराष्ट्र पुलिस को फटकार लगाई है।

अदालत ने कहा कि जांच एजेंसी ने धोखाधड़ी के सभी मामलों को एक में उलझाकर चार्जशीट का इतना बड़ा पुलिंदा तैयार करने की कोशिश की है कि सुनवाई कभी शुरू ही न हो सके। इससे आरोपियों के साथ उसकी साठगांठ का संदेह पैदा होता है। सिंगापुर की आरोपी कंपनी पर निवेशकों को ठगकर उन्हें करीब २६०० करोड़ रुपए का चूना लगाने का आरोप है। बुधवार को मामले के एक आरोपी अशोक भैरवाणी की अग्रिम जमानत याचिका पर सुनवाई के दौरान जस्टिस आरसी चह्वाण ने कहा कि जांच एजेंसी आर्थिक अनुसंधान शाखा (ईओडब्ल्यू) ने सबूत के तौर पर दस हजार से ज्यादा पेजों के दस्तावेज इकट्ठा किए हैं फिर चार्जशीट क्यों नहीं दाखिल की गई। उसने मामले को इस कदर उलझा दिया कि कभी किसी को दोषी साबित ही न किया जा सके। याचिका में भैरवाणी ने कहा है कि वह तो खुद धोखाधड़ी का शिकार हुआ है।










Speak Asia case: HC slams cops for tardy progress

 

"The agency must have till date collected over 10,000 pages in evidence. Then why no chargesheet has been filed?" the court asked and expressed its displeasure for clubbing all cheating cases in the scam

STAFF REPORTER Mumbai: The Bombay High Court on Wednesday pulled up the Economic Offence Wing ( EOW) of the city police for failing to file a chargesheet till date in the multi- crore Speak Asia online investment scam and said that the police is giving an impression that it is in connivance with the accused.

Justice R C Chavan made this observation while hearing the plea of a member of the All India Speak Asia Panelist Association Ashok Bhairwani. He has been named as one of the main conspirators. However, in his bail plea, Bhairwani said that he too was a victim of the fraud.

Questioning the agency that why the chargesheet has not been filed yet as a year has been over since the case was registered, the court said, " The agency must have till date collected over 10,000 pages in evidence.

Then why no chargesheet has been filed?" The court also expressed displeasure with the city police for clubbing all cheating cases in the scam and said, " Why have you ( EOW) clubbed all the cheating cases together? Each person's investment is different from that of another. By clubbing all the cases, the investigating agency is causing delay in filing chargesheet and trial." " By clubbing all the cheating cases and flooding the chargesheet to such an extent that the trial will never see the light of day, the investigating agency is giving an impression that it is in connivance with the fraudsters in duping the common man," the court observed.
Upset with the slow investigation of the case and advising police to have speedy trials the, court said, " What is happening to us? I am greatly disturbed because of this. Let the common man not carry the impression that you ( EOW) are with them ( accused)." Speak Asia, a Singapore based online survey company, is alleged to have cheated people of crores of rupees by promising them huge return in exchange for taking part and investing in its surveys.

The EOW has so far arrested 13 persons in case.
According to the police, over 20 lakh investors were duped in the Rs 2,600 crore scam.

The Singapore based online survey company, is alleged to have cheated people of crores of rupees by promising them huge return in exchange for taking part and investing in its surveys









See, now Mr. Ashok Bahirwani AISPA Secretary, has started unhooking himself from Speakasia Management. Look at his statement - “Justice R C Chavan made this observation while hearing the plea of a member of the All India Speak Asia Panelist Association Ashok Bhairwani. He has been named as one of the main conspirators. However, in his bail plea, Bhairwani said that he too was a victim of the fraud.”

याचिका में भैरवाणी ने कहा है कि वह तो खुद धोखाधड़ी का शिकार हुआ है।

If a person like Ashok Bahirwani has said the Company “Fraud” then whom should we believe from now on, Now it’s proved that he is indeed a conspirator First he misguided the panelists and then mislead them to do protests against EOW and other Govt. Agencies for freeing the Culprits Management Peoples(Tarak Mehta,Deepankar Sarkar etc.). Inspite of supporting panelists he always supported the Speakasia Management and Top Level panelists who are deeply involved in this Scam and Now he has shocked us by claiming himself as a mere “Victim Panelist”. Mr. Bahirwani you should be ashamed of yourself and your bail Application should be cancelled and you should be transferred to EOW’s custody for your further Investigation, Cheater! We haven’t seen a crook like you before Mr. Ashok Bahirwani.   

Misguiders are showing the above news as a good news for Speakasians but I couldn’t find What’s the good news in this News? 
Neither the company- Speakasiaonline.com has got any clearance to restart it's scam business nor Speakasia is willing to pay Exit Payments to the panelist. So, what good thing has been done till today for the welfare of the panelists. Every time EOW is blamed for the delay but who is causing the delay in the Exit payments?

Now from the statement of Ashok Bahirwani, it is cleared that we are left with no choice except seeking legal assistance. There is no benefit of waiting as we already did this for the last 2 years. So Speakasians, I urge you to take legal Assistance against Speakasiaonline.com asap.

Friday 21 December 2012

What Kind of Update is this- Corporate Marketing Team




Dear Panelist,

Further to our last update on the execution of the exit policy. we wish to inform our SpeakAsia community that we have finished analysing the results of the first test batch of payouts that were sent.  

We have identified certain roadblocks such as multiple claimants to the same panelist id or bank details not matching with the ones submitted at the time of applying for the exit policy, because of which not everyone got the remittance in their accounts.

We are at this moment addressing those issues and hope to have a resolution to them by the end of this month. Once we have the resolutions in place we will then send out a second batch of test payouts. On successful completion of this second batch we will commence the payout as per the exit policy. 

We understand that there are delays in the process. One of the main contributor to this delay is the fact that we have had to do all the transactions and checking manually as our old automated systems are still under the custody of EOW Mumbai Police. We appeal to all the SpeakAsians to remain patient and bear with us as we work feverishly towards attaining our goals.


Warm Regards,
SpeakAsia Corporate Marketing Team




I am amazed to see the marketing blog’s update, exactly after 1 month from their previous update now they are just informing us that they have finished analysing the results of the first test batch of payouts. While we all Speakasians are waiting for their Exit Payments instead of giving any particular dates or time for the payments, Now they  have started bragging about  their Second Test Batch. What bullshit is this?  How many test batches will they conduct before the actual Exit Payments? What’s the legitimacy of these test batches, even the First Test batch seems more like a fake activity as not even a single panelist has claimed to receive any such Exit payments. Speaksia’s First Test Batch payment exists only in Mobiclub articles else it’s fake. So, believing on another such batch is just impossible. Speakasia is again using their same old strategy of buying time by giving such useless vague updates. I can’t understand, while at the time of joining they didn’t even ask for an ID proof, collected Crores of Rupees and were issuing thousands of accounts per day but Now, when the time came to return Payments instead of refunding, they are just making excuses. Why? Speakasia better clear it yourself that you will not return us anything, so, we can take legal assistance in this issue rather than wasting our time on pursuing your fake updates.