New Delhi, Now things have started working in Speak Asia’s favour, Mr. Tarak Bajpai COO (India) at Talkotara Stadium has given a clear message to their panelist that they are not going to run away and soon under the flagship of parent company Speak Asia, three new sister concern companies will be launched in India. All […]
A bag mixed with some good and bad news for Speak Asians.
Recent development on Speak Asia has given a mixed response to its panelist. The Ministry of Corporate Affairs today said it could not investigate alleged irregularities in multi-level marketing company Speak Asia as the company is not registered with it. Same was communicated to journalist by Reserve Bank of India. “Speak Asia is not registered […]
Speak Asia received Funds from Singapore bank
Source:Press Trust Of India New Delhi: A good news for Speak Asians. Speak Asia Online on Tuesday said it has received funds from Singapore-based United Overseas Bank, which closed the entity’s account last month. “We wish to also inform that more than $16 million is available for use and disbursal as soon as a new […]
Speak Asia Bank Accounts frozen in India and Singapore
Definitely not a good news for Speak Asians. All bank accounts of Speak Asia have been frozen by UOB Bank of Singapore in India and Singapore. The company is facing serious allegations of fraud and running ponzi operations. The reason for freezing of bank accounts was done due to the financial irregularities and foreign exchange violation.
Indian Direct Selling Association (IDSA) welcomes probe on Speak Asia
Lately many direct selling companies in India have asked government to look for a framework to regulate direct selling companies. The Direct selling industry projected at Rs 7,120 cr by 2012-13, till date there have not been a clear guidelines for the MLM companies. companies who are part of IDSA are saying that just because […]
Speak Asia can withdraw surveys anytime, says its legal advisor
Senior lawyer Ashok Saraogi has said that since Speak Asia is offering reward points for filling up surveys as an additional benefit, it can withdraw these if its contracts with its clients ends. Notably, not a single official from Speak Asia was present during the press conference called by its legal advisor in Mumbai. What […]
Police Investigate Speak Asia Online at Mumbai
Mumbai, May 18, 2011 Speak Asia Online, is being investigated by Mumbai police while the Union government is mulling a serious fraud probe into its affairs.Authorities woke up after critics and investors of Speak Asia’s consumer survey-based business model smelt in it a “Ponzi scheme. The government may ask the Serious Frauds Investigation Office (SFIO) […]
The Battle among Speak Asia, Media and the Panelist!
Speak Asia’s press conference, raised many questions. Even company’s loyal panelist were not aware of many things like Speak Asia online is not a company but a panel service provider, the money they have paid to the company is for the subscription of e-magazine published by Speak Asia not investment. Many panelist are saying that they […]
Bank accounts of Speak India have been frozen
Moneylife investigation revealed how Speak Asia was transferring money from India to Singapore, now banks have frozen speak Asia’s bank account due to the foreign exchange violation.
Speak Asia Online Press Conference News update
In the press conference, Speak Asia did not give any clear answers to the journalist present there. Instead they were putting allegation on Star Panel, which everyone knows that it is free to join, where speaking Asia is charging money to become a panelist. During the Goa Gen X Bazar conference company had said that Airtel, Nestle, Bata, […]
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