Five Speak Asia frauds ar­rested

DNA (Daily News & Analysis) Mumbai Edition - - FRONT PAGE - DNA Cor­re­spon­dent MUM­BAI

Five peo­ple, in­clud­ing Speak Asia COO Tarak Ba­j­pai, were ar­rested by the Eco­nomic Of­fences Wing of the city po­lice on Fri­day on charges of cheat­ing and con­spir­acy. Speak Asia, a Sin­ga­pore-based on­line sur­vey com­pany, sus­pected to have cheated peo­ple of crores of ru­pees by promis­ing them huge re­turns in ex­change for tak­ing part in its sur­veys, po­lice said.

The po­lice said once mem­bers reg­is­tered them­selves on the site by pay­ing Rs11,000, Speak Asia al­lowed them to re­spond to mar­ket re­search. Mem­bers also earn re­ward points for giv­ing opin­ions on prod­ucts. “The scam could be in ex­cess of Rs1,320 crore,” said joint com­mis­sioner of po­lice (crime) Hi­man­shu Roy. Re­lated re­ports, p2

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.