SpeakAsia - Biggest Scam

Iskandar Blogger 6:50 AM
A survey company Speak Asia Online’s COO Tarak Bajpayi has been arrested by the Crime branch of Mumbai Police from Indore. The Mumbai police crime branch has brought him to the Mumbai and now will investigate the issue.



MUMBAI/INDORE: In an operation that unfolded in Indore, the economics offences wing of the Mumbai police arrested the chief operating officer of SpeakAsia-a Singaporebased pyramid-marketing company-in the wee hours of Friday for allegedly perpetrating a nation-wide scam amounting to Rs 1,320 crore.

Three other senior members of the company were also arrested but not the CEO, who the police say, is hiding in Dubai .The firm, which claims to have 12 lakh clients in India, has also been accused of transferring more than Rs 700 crore to Singapore.  

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