Source: Bhaskar News | Last Updated 00:57(27/06/11)
SOURCE:- http://daily.bhaskar.com/article/MP-RAI-shocker-for-speak-asia-investors-company-backtracks-from-luring-scheme-2221286.html
Raipur: The Speak Asia, Asia’s largest community of sovereign consumers, has washed its hand from the scheme that promised return of Rs 4000 a month and share of profit on an investment of Rs 11000.
Giving a shock to the number of investors, CEO of Speak Asia Tarak Vajpayee on Sunday told that the company had never launched any such scheme.
Talking the investors, Vajpayee said that the company is just involved in online business. “Those who give business will get return,” said Vajpayee.
"We do not say or believe that anyone can pay us Rs 11,000 and earn X amount of rupees. That is not our promise."
After media investigation into the false claims made by the firm, Vajpayee had earlier apologised for misleading subscribers.
For over a year now, the company has been collecting large sums of money, rapidly luring and enrolling lakhs of people all the time, assuring them of phenomenal returns, while all that they had to do was simply fill out some online surveys.
But suddenly Speak Asia is backtracking on all its get rich quick claims.
The latest development is bad news for over 19 lakhs people who have signed up and paid money to Speak Asia in the hope that it would multiply.
The police have already begun tightening the noose on the agents of Speak Asia, which has till now accumulated more than Rs 100 crore from people in Raipur and other cities in the state.
whomsoever may have made this post just want to give u some actual and factual information about this company....
ReplyDelete1st one is Mr. Tarak Bajpai is not the CEO he is COO ie.Chief Operating Officer.
2nd Please atleast name properly his surname is not VAJPAI it is BAJPAI..
3rd yes we are completely agree wih what company says .that they havnt promised us to pay back the sum of X Rs infront of 11000...as it is not an investment company..company is saying that if we participate in there activities we will be rewarded...and with that all panelists are fine...whats the big deal....???
guys no government authority in india has approached Speakasia for any investigations...were the hell did police came from....?
ReplyDeleteThe source is given below the article.
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