Speak Asia's COO arrested,other also in the list (Updated)

The COO,Tarak Bajpai of confidential survey company Speak Asia has been arrested in Indore by Mumbai Crime Branch and as been taken to Mumbai for investigation.Sources indicates that other high designated officials of Speak Asia are also in the list and soon to be arrested.Tarak

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Speak Asia Back On Track

Good news for Speak Asians,after being hammered by the media and judiciary of India,Speak Asia is back on track again.They organised an even yesterday and seems like they have convinced their subscribers well.All were looking happy and enthusiastic.Speak Asia announced that they are going to open an office in Mumbai in the month of August.Looks like they are recovering by the attacks earlier on them and ready to explain all odds against Speak Asia.You must be aware of the fact that Speak Asia suffered many attacks by media on their administration and existence.The rows went higher when their legal adviser quit his job,But now either media has found another news full of spice (Probably war against corruption) or Speak Asia has settled down the things.But they have few things still left to be explained,like why they lied about their clients,their bank issues etc.Still they are out of the Indian Judiciary so none of the legal actions can be taken against them.So finally something to cheer for by the Speak Asians but remember,they are still out of Indian Law and Judiciary,So think twice before investing any big amount of money,till then...Just enjoy ;-)

Jeevesh Ranjan Sahai
Chief Publisher
JR's Group Of Blogs 

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Speak Asia's Legal Advisor Quits

The legal Advisor of Speak Asia, Ashok Saraogi has quit his job on 31st May 2011.No one knows the reason for this decision but it seems like he can defend Don Abu Salem but not Speak Asia.You might remember that he conducted the press conference of Speak Asia on 20th May 2011.So another pillar goes down.

Check out out other posts on Speak Asia-

Speak Asia Fraud,I mean yet another fraud? [Facts Revealed]

Speak Asia Admits The No one Has Asked Them To Take Surveys [Videos]

Speak Asia Bank Account Seized

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Speak Asia's Bank Accounts Seized In Singapore

Yet another nail in the coffin of  Speak Asia!The United Overseas Bank of Singapore has seized the accounts of Speak Asia.This may result in either permanent money loss of the investors or a delay of around 7-8 weeks in their payment as explained by the MD of Speak Asia.I would like to remind the readers that Speak Asia is currently under the hammer of media and suffering a lot of criticism on Internet as well.They have not come up with any solid answers to the questions raised.They are just making silly excuses and sending useless Emails to their subscribers explaining that its all being done by their commercial competitors in association with the media.Well I would like to ask them to explain the questions raised on them rather than making a flurry of excuses.Lets wait and watch what comes out next,an explanation or yet another 300 words excuses mail to their subscribers.Stay tuned.

Don't forget to check our previous posts on Speak Asia.

Speak Asia Fraud,I mean yet another fraud? [Facts Revealed]
Speak Asia Admits The No one Has Asked Them To Take Surveys [Videos]

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Speak Asia Admits That No one Has Asked Them To Take Survey [Video]

So the first nail in the coffin has been screwed by Speak Asia itself,today in the press conference they accepted the fact that NONE OF THE COMPANIES HAS ASKED THEM TO CONDUCT SURVEYS. Now people ,use your common sense,why anyone would give you 500/- INR for each JUST FOR FUN SURVEY??





                                                               


They get almost 35,000/- subscribers daily,even if we assume that all of them are referred members i.e company pays 1000/- on each subscription,their daily PROFIT comes out to be 15 Crore.So a company which gives you 40% return and accepted that none of the leading brands they named earlier has asked them to conduct surveys,gets a daily profit of 15 Crore INR!!!!From where??
                          The company claims that they are well settled in countries like Singapore (where they are so called registered) and Malaysia.But if we look at the Alexa Rankin of them,this is what Alexa has to say-

Speakasiaonline.com has a three-month global Alexa traffic rank of 1,268. The fraction of visits to the site referred by search engines is roughly 11%. While approximately 92% of visitors to this site come from India, where it is ranked #54, it is also popular in Bangladesh, where it is ranked #46. Visitors to Speakasiaonline.com view an average of 16.4 unique pages per day. Relative to the overall population of internet users, the site's users are disproportionately male, and they are disproportionately low-income, childless people under the age of 25 who browse from home and school.

The Top Two Visitor's Ranks are-
Bangladesh-46
India-54

So...visitors Exposed!!!Clients Exposed!! Lets wait and watch what comes out next.Stay tuned.


Jeevesh Ranjan Sahai
Chief Publisher
JR's Group Of Blogs

Note-Have you read about the facts revealed about Speak Asia Online??

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Speak Asia Fraud! I Mean Yet Another Fraud???

Well well well,one of my favorite songs by Britney Spears says "Oops I did it again".It pretty much matches with what the "Money Machine" companies do in India! Isn't it? You forgot "Golden Forest,MNM" ?? Or another 101 companies who snatched a big amount of money from the Indian Economy?If this thing is erased from your mind then guess what,we have a reminder,"SPEAK ASIA".The active Indian media has came up with some mind boggling facts which clearly indicates that the ship of Speak Asia is sailing on your money and will sink with the same.Well lets get back to the topic,first let me explain in short what Speak Asia is and what kind of returns it promises.

Speak Asia claims that they are a Survey Company which undertakes surveys for business firms including the leading brands of the market.However they don't disclose their names as per their "Terms & Conditions"!You have to register on speak Asia by paying a total of 11,000/- INR which you have to pay every year if you want to continue.After registration,you are eligible to take two surveys a week and you are rewarded 500 INR for each survey which comes out to be a total of 1,000/- INR a week and 52,000/- INR in one year.Which means after deducting what you have invested that is 11,000/- INR you are in a profit of 41,000/- INR per year! Nice deal isn't it?Nothing to loose.You will get an additional 1,000 /-INR for each member you refer to join Speak Asia.So some extra income!Well this is all about what Speak Asia is.Lets move ahead to the second phase.

In this phase,I will reveal the facts about "Speak Asia"

• No Registration At All

Yes,the company is registered nowhere in the world.company claims that they are registered at Singapore but Singapore Govt. has cancelled their registration last year after which they came to India.And if we assume that they are still registered in Singapore,it means that it is beyond the jurisdiction of Indian Laws.If you get into any dispute with the company then you have to fly way to Singapore! Here is the cancelled registration of Heren's companies,who owns Speak Asia Online,Singapore Govt. told that they keep changing their names after they get banned in the country.Compliance rating for this company is Non Compliant currently which means Govt. do not advice their citizens to invest in the company.

• Not A Single Office In India

Strange isn't it?You have tons of subscribers from India and not even a single office here?So from where you control the company?From Singapore?Where you got a cancelled registration as a new year gift?And if any Indian has a query or a dispute which can't be settled down by a phone call,you will call the person to Singapore??On whose expanses?

• Transaction Theories

SpeakAsiaOnline is paying 10 points (1 point equals 1 USD) which is too much for a country like India, Nepal or Bangladesh. I don't think that even companies that conduct surveys in USA/UK pay this much for a similar survey.Anyways,this is not the issue,why should we interfere with what the company pays!The suspicious part of the transaction process is as follows-

1. Company claims that  ING VYSYA is the bank which is responsible for the conversion of USD into INR and all sort of payment issues,when a well known media group "Star News" was told by the same bank that they have nothing to do with "Speak Asia Online".
2. According to the laws of India,they do not meet the requirements of RBI in order to process,receive or distribute foreign exchange!The City Magistrate of Gorakhpur has sent a Notice to the company regarding this and another nine points.See the newspaper cutting .They have sent 3 notices to the company but the company is still asking for extension of time! Wish Virus of 3 Idiots would have been the Magistrate,he would have said "I can give you sympathy,not extension".

• The Top Clients They Named,said GTFO!

As I told earlier,they said that they can't reveal their clients name as per their "Terms And Conditions" but they said that they can reveal the name of top most brands.The company they named were, Nestley,Bharti Airtel,Bata,ICICI Bank and a few more,and guess what? Each and every company named above has clearly said that they have not asked Speak Asia Online to conduct any survey for them.So if not the top guns of Indian market,who is going to pay you 500/- INR for a single survey knowing that you can fill irrelevant information??Any "Dantmanjan" company?? So basically it seems illogical that a company pays more than US/UK companies for a survey conducted for don't know what company.

• And so on

1. They don't ask for an Identity,so any terrorist can get funding for his organisation by just filling two surveys a week.
2. They don't give a training,the top survey companies of the world will first give you some dummy surveys and you get paid surveys only after they are satisfied by your work.
3. A company gives you 40% return,sorry never heard that!Except by the companies who disappear from the market in a year or so.
4. No role in paying tax!So by definition it is "Black Money".
5. Officials of Speak Asia arrested in Bangladesh for cheating. ( News published at Daily Star, Bangladesh).

So thats it,I know they are paying off the money but the frauds done early were on the same path!They also paid for over an year before shutting their company down to nowhere.Investors lost their savings of life!Wake up guys,there is nothing like easy money or quick money in life..I am not saying it is a scam until it is proved,but if not scam,it is definitely suspicious. 

Note-For proofs please refer to Star News Videos at Youtube or click here.

You are always welcomed to share your views on this.

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