A leader in an India-based scam that scared American taxpayers into sending millions of dollars because they thought the U.S. government was after them was sentenced Wednesday to more than 14 years in prison by a judge who said he wanted to send a message to others considering similar crimes. Sahil Patel, 36, sobbed as […]
Speak Asia’s Master-mind, Ram Niwas pal’s bail request was refused by the court. The court also criticized, Delhi police for keeping him without judicial custody, since 16 December last year.
Chain-money schemes like Saradha are flourishing in our country. Countless crores have been lost in this manner. But these schemes aren’t the only danger. There are internet-based scams, phishing scams, identity theft, job scams, and much else you could be fooled by. Sucheta Dalal briefed participants on all this and more during an informative two-hour […]
Finally after two years the crime branch of Mumbai Police registered a case in the Rs 2,276 crore Speak Asia scam, police yesterday filed a charge-sheet. “We have filed a charge-sheet running into more than 5,000 pages against 13 office-bearers and franchisees and eight companies,” said a police officer. Speak Asia promoters started an online […]
Mumbai: Have a glance of these three fraud cases registered with economic offence wing (EOW): MMM India: Rs. 2,000 crores SpeakAsia fraud: Rs. 2,276 crores NSEL: Rs. 5,600 crores Total pending cases with EOW involves Rs. 12,395 crores, and due to shortage of manpower these cases are struck in court proceedings. For its 11 units […]
“Uncovered All Aspects Of SpeakAsia Case” Speaking about the SpeakAsia scam, Rajvardhan Sinha, Additional Commissioner – EOW, Mumbai Police, says, “We are confident of recovering overseas funds in the case.” Watch as he also talks about EOW’s QNET investigation. “QNET masterminds change names after each investigation,” he tells Bloomberg TV India.
The Delhi Crime Branch Economic Offence Wing has apprehended one more primary accused in the Speak Asia rip-off. Ram Niwas was picked up from Bangalore. The Crime Branch has already jailed Ram Niwas Pal, the co-mastermind of Speak Asia scam from the Bangalore flight terminal. His brother Ram Sumiran Pal was detained from Delhi five-days-ago. Ram Niwas, an ex […]
Two primary accused in the SpeakAsia fraud, Ram Sumiran Pal and his relative Satish Pal, were on Friday presented to the metropolitan magistrate’s court and remanded in police custody till December 3, 2013. The two were arrested by the special team of Delhi police and later on handed to the Economic Offences Wing (EOW) of the […]
One more high-profile arrest happened in relation to Speak Asia case. Ram Sumiran Pal got arrested by Mumbai police, he was a part of the SpeakAsia administration team. Till now 8 FIRs have actually been registered throughout India including Maharashtra, Andhra Pradesh, Madhya Pradesh, Uttar Pradesh by the Enforcement Directorate. Soon more arrest are likely […]
The central government is probing grievances of financial scams against 154 companies, which also includes those connected with Saradha Group and Rose Valley Group, Parliament was informed today by Sachin Pilot. In a written reply to Rajya Sabha, Sachin Pilot said ” We received complaints against 154 companies/organizations during the last 3 years,” Pilot stated his […]