Speak Asia scam: Mumbai police arrests COO Tarak Bajpai

Written by: Abdul Nisar
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Speak Asia
New Delhi, Jul 29: After the reports of a multi-crore scam, Economic Offenses Wing of the Mumbai police has taken the Speak Asia COO Tarak Bajpai in custody for questioning. Speak Asia scam looted Rs 2,000 crore from India, What about Investors' money?

UPDATE: Speak Asia Scam - Similar websites under Scanner.

Earlier, the CID department had frozen the bank accounts of Speak Asia, the online survey company, after authorities received complaints against it. According to some PILs filed against Speak Asia, it is involved in a Rs 2000 crore scam.

Some of the media reports alleged that Speak Asia's pyramid scheme involves paid subscribers filling up online consumer survey forms and luring more into its fold in return for commissions.

Earlier, BJP leader Kirit Somaiya alleged that Speak Asia was involved in a multi-crore scam and had asked the government to investigate into these scams.

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