IS Speakasia online fraud ? Major scams on internet..
Internet-The power of connecting people together, views, thoughts,relations and of course BUSINESS, but as we know all that glitter is not the gold, similarly there are huge number of internet business,under different names like emoney, easymoney , financial freedom are mushrooming since a long time ago, huge capital is being invested in such companies, which claims to give a huge sum in return of lieu investment,and we know the hard part, what happens in the end, the company with all the capital with it vanish away, most of these companies principal is as we say “TAKE FROM PETER, GIVE IT TO PAUL” they pay to some starting investors to make a good and promising image in the market,as soon enough people have joined their business ,the company will vanish in the air, the list is too long for such companies , but the saddest part of the story is the people who are joining with such companies are educated ones who are lured by such money making tangles ,in which 1 out of thousand become rich by taking a capital from remaining ones.what webmaster says ? about recent scam, by speak asia..mushrooming in india and bangladesh
labnol.org < internet top tech blog >
“Speak Asia Online has been around in India for about an year now and it looks like the company has been regularly paying members the promised commissions and thus more people are getting lured into the system. Some existing members are even re-investing their own profits back into the system to increase the size of their paycheck. Remember the rice and chessboard story? Speak Asia Online is working on adding new users at a similar rate – one new member will invite two more who in turn will bring another four new members to the system and thus the subscriber base will grow as quickly as the number of rice grains on that chess board. Once enough people join their unsustainable and unbelievable business, the company will simply vanish into thin air. There’s no ‘easy money’ on the Internet and the ease and scale at which this company is operating in India has simply baffled me. Please stay clear!”
M.SOBHOI (money guru ) talked of company business plan in India –
“Company ceo in india , M.gautham told the media by email that company is going to launch a tv channel in may this year, what the future of the company depends on how much capital is it left with, the major aim of speak asia ias to launch a tv channel in india, so it needs a large masses + capital to make zero risk investment in the field”
As we know speak asia online Is Currently the hotscam going on under the pretext of mlm marketing
These are private channels so you can broadcast as long as you pay, it is like these serials, it got a huge viewership because everybody told their downline to watch and to tell all their friends to watch, this excercise is being done because the ultimate aim of speakasia is to have their own TV channel in India, and that channel will only be successful if people know about it, and we are helping them achieve their aim through networking, because if channel is known then you will have companies advertising on it like NDTV CNNIBN and that is big money, lot of channels which are not known face financial problems because nobody watches them and companies don’t advertise their, this is hardcore business. if Speakasia had to do this excercise on its own they would have to invest very heavily, now we are investing our money to become members and making their job economical and faster, they don’t have to open offices in all the cities, and employ a huge staff at the moment they have a small staff, so when they tell you that they are helping you make extra income is all bullshit, but we Indians have such a low self Esteem that we believe what ever shit these companies give us, Even Obama can’t claim of giving us employement so how can an unknown random, small company like speakasia give us extra income we get work because we are good, intelligent hardworking people, so never allow any idiot to give you that shit, hold your head high, next time they use that line in any seminar raise objection thats what I do, we are paying for the salaries of their employees, we are not their employees, we are their business partners.”
Now here is the complete list of proofs, that can be tell us that company is sound illegal :
1. The company abnormal strategy – as we know company is promoting its business of surveys by investing sum of capital, u can get as many panels as u want, so what really is the importance of surveys that people are filling, major survey companies in the world -like Synovate and AC Nielson are the icons in this field , they are working across the globe , whereas speakasia is targeting asia > india only ( looted some people from bangladesh also>
so number one doubt is is it investment company or survey company,
because no investment company give that much amount !
2. Company legalities –
BIG QUESTION- let us see what company is claiming
M.GAUTHAM ceo speakasia (he is not having his business card even >
” The company has a unique business model internationally. The business in a given country is supported by the factoral organisation, in India:
a) Own dedicated sales team. In India they have over 110 sales people. This team is managed by a fortune 500 company in India – Ma Foi.
b) A dedicated 53-man training and knowledge organisation in New Delhi managed by La- Marca.
c) Marketing communication managed by Raceme and Lintas.
d) Customer support both through a call center and a BPO managed by outsourced partner.
e) Technology support is managed by Xorient, an American MNC through its office in Mumbai.
f) The company pays all the taxes, like service tax, in India.
g) Foreign remittances are handled by RBI approved forex agents like ICICI Bank.
i) The company is registered in Singapore and is not required to have a permanent establishment (PE) in India as per prevailing laws.
This level of intense on-the-ground infrastructure is rare in the online industry. ”
now couple of question arises :
1. where’s the office of such big turnover company ?
According to information available, SpeakAsia has set up its India offices at Navi Mumbai and Gurgaon. Here again, no information is available about these offices and addresses on the company website.
2. Why would anyone pay Rs1,000 per week or Rs52,000 a year for a subscription of Rs11,000 per annum for a e-zine? Think for yourself as the owner of a company and answer this-would you pay four times the amount to anyone for his investment (!) in just one year,
3. If the business is so lucrative, why not offer this opportunity to people from other countries as well? How about doing this business in developed regions like the US and European countries? Where people do not get much more than about 3% a year on their investments. With returns as high as over four times their original investment, people from these regions would jump on to the online survey bandwagon. However, this will never happen, because there are very strict laws and punishments for fraud and for duping people in these regions, compared with that in India and Bangladesh. So the ‘business’ is thriving here and not in the US or even in Singapore, where SpeakAsia claims to be a registered entity.
4. Penalists are showing income proof in their e-wallet , no income transcation from speakasia in theri personal account !
3. AND THE BIG FAT QUESTION IS : Why the company , of which speakasia is saying that they are their clients come and support spakasia ?
“If it looks too good to be true, it usually is.” In short, stay away from any company, any scheme that promises you huge or substantial return.
Well learn one thing by heart rome was not made in one day, there are no shortcuts, the hardwork give ultimate pleasure of what we call “SUCCESS”
Here is list of current internet scam—followed by major scams on internet in history
Latest-
Company name- SPEAK ASIA INFOLINE
OFFICE – Speak Asia Online Pte. Ltd.
Address: 10 Ubi Crescent, #07-68, Ubi Techpark,
Singapore 408564
RCB Number: 200618809D
Phone: 0065-63430887 / 0065-67493743
Remember -”ALL THAT GLITTER IS NOT THE GOLD”
