सोमवार, 24 अक्टूबर 2011
रविवार, 23 अक्टूबर 2011
The next hearing date is set for November 8th[23-OCT-2011]
The next hearing date is set for November 8th
Dear Friends, 17th October hearing orders has been uploaded on supreme court website www.courtnic.nic.in
बुधवार, 19 अक्टूबर 2011
Supreme Court hearing of Speak Asia on 18/10/2011
Dear paisaworld viewers
As per our conversation with the officials of Speak Asia the hearing in the honorable Supreme court happened as follows:
1. The SAOL Lawyers in supreme court said the first point that all the accounts those are siezed by Andhra Pradesh CID, be transfered under Supreme court of India which the Honorable judge agreed and ordered for the same.
2. The SAOL Lawyers asked for a committee to be made and headed by retired Supreme court judge for disbursement of funds to panelists, and Supreme court agreed for that too and formed a committee headed by retd. Judge Justice Lahoti.
3. The court came very harsh on all the concerned agencies and departments for not submitting their reports yet.
4. Next hearing is on 8th November 2011.
From today's hearing we are certainly seeing a very positive ray of hope that our Company will start its normal business operations very soon. First step towards this will be the disbursement of dues to panelists by the Company which is now 100% guaranteed as per today's direction of the honorable Supreme Court. We are very near to victory from where we can see a very bright future for our family and friends.
रविवार, 16 अक्टूबर 2011
गुरुवार, 13 अक्टूबर 2011
Speakasia Online Pte Ltd
|
बुधवार, 12 अक्टूबर 2011
Speak Asia CEO Mr. Manoj Kumar on 11th Oct 2011 at Abu Dhabi
रविवार, 9 अक्टूबर 2011
शुक्रवार, 7 अक्टूबर 2011
speak asia online news 06-10-2011
Speak Asia Online
Earn Money Online
speak asia online news 06-10-2011
Posted on | October 7, 2011 | No Comments
Yesterday there was a news about Mr. Dandona in the newspapers.
This is what company has to say regarding the statement of Mr. Dandona.. Read Below
Dear SpeakAsian’s
It has been quoted in certain sections of the online media that Mr. Sanjeev Dandona, has made a statement that is contrary to our business model.
We would like to state that this particular article is completely false and written with an aim of spreading misinformation about the company.
SpeakAsia has access to the written and signed statement of Mr. Dandona and there is absolutely no mention whatsoever of the statement that is mentioned in this article. Furthermore, the company has only been associated with Mr. Dandona only for the past 18 months and therefore it is outside our purview to comment on any issues that do not pertain our company or has been reported in the past.
We once again urge you to ignore such scandalous and misinformed information that are aimed at not allowing the company to re-start the operations at the earliest.
Thanks,
Shaishav Sood
PS: The above information is purely from the sources related to company.
This is what company has to say regarding the statement of Mr. Dandona.. Read Below
Dear SpeakAsian’s
It has been quoted in certain sections of the online media that Mr. Sanjeev Dandona, has made a statement that is contrary to our business model.
We would like to state that this particular article is completely false and written with an aim of spreading misinformation about the company.
SpeakAsia has access to the written and signed statement of Mr. Dandona and there is absolutely no mention whatsoever of the statement that is mentioned in this article. Furthermore, the company has only been associated with Mr. Dandona only for the past 18 months and therefore it is outside our purview to comment on any issues that do not pertain our company or has been reported in the past.
We once again urge you to ignore such scandalous and misinformed information that are aimed at not allowing the company to re-start the operations at the earliest.
Thanks,
Shaishav Sood
PS: The above information is purely from the sources related to company.
Category: Speak Asia Online
Amway and Speak Asia Online
Posted on | October 6, 2011 | No Comments
I guess many of you are already aware about Amway. It was the first international MLM company to hit Indian market. I am not comparing Amway with Speak Asia in any way as the business model is different in both the companies. I am just bringing the fact that Amway has already gone through the scenario which Speak Asia is facing today.Multi Level Marketing is a legal business not only in India but abroad as well. But the fact is that people are not aware of its working concepts.
Amway was first to hit Indian market some 13 years ago (I guess) and it is still in the market.
Amway has several times been accused of being a pyramid scheme. A 1979 FTC investigation in the United States, a 1997 Belgian court and a 2008 court judgement in the United Kingdom all dismissed these claims.
In September 2006, following a public complaint, Andhra Pradesh state police (CID) (Most of the complaints are in this state I guess) initiated raids and seizures against Amway distributors in the state, and submitted a petition against them, claiming the company violated the Prize Chits and Money Circulation Schemes (banning) Act. They shut down all offices of firm Amway, and Arijit Saha writes that “with it the fate of 80,000 distributors of the company has been indefinitely sealed“. – Source (Wikipedia)
The same is happening with Speak Asia at the moment. I don’t want to comment whether the company is right or wrong but the fact is that the fate of 2 million Speak Asia panelists has been sealed.
Govt. or Court should give these kind of cases to “Fast Track Courts” so that the judgement may come bit early. People are desperate with no clue whatsoever regarding the cases and proceedings. Every Speak Asia Panelist wants company to start its operations as soon as possible but the fate of the company is in the hands of Govt and Court.
If for any reason, company fails to satisfy the RBI, no doubt the business will be closed but if it satisfy the RBI, chances are that the company may start its operations in India again.
The only person crushed in between the Govt and the Company is the “Panelist” of Speak Asia.
Thanks,
Shaishav Sood
Founder, MLMinIndia
Category: Speak Asia Online
Tags: speak+asia+online
Tags: speak+asia+online
Speak Asia News (4-10-2011)
Posted on | October 5, 2011 | No Comments
I believe everyone was waiting to hear about the meeting which was to be held between speak asia online and RBI. Well, the meeting has been postponed for a couple of days. The date has not been fixed yet but may be in a day or two RBI will declare the next meeting date.
The news is that the company has prepared all the documents and has collected all the evidence to show to RBI. Hope the outcome will be positive after the meeting..
Thanks,
Shaishav Sood
Category: Speak Asia Online
Speak Asia Online News (Updates)
Posted on | October 3, 2011 | No Comments
A day ago, there was news in the newspapers regarding the arrest of Mr. Khandoor of Brand Saloon. Speak Asia Online Marketing team has updated the status on the arrest of Mr. Khandoor. Please click on the image to see the enlarged version.Thanks,
Shaishav Sood
Category: Speak Asia Online
Speak Asia Online News
Posted on | September 26, 2011 | No Comments
Just for your information.If anybody wants to see the proceedings of the court regarding PIL filed by AISPA can click HERE and check the proceedings.
We already know that RBI has given 2 weeks time to get back to them with answers they asked. There are 2 cases running at the moment and the hearing dates for both the cases are 10th Oct, 2011 and 12th Oct, 2011 respectively.
for the previous updates one can download the copy of the PIL/51/2011 HERE
Category: Speak Asia Online
Important Updates From Speak Asia Management
Posted on | September 23, 2011 | No Comments
Dear Panelist,
This is just to update and inform everybody that whatever information that you get on this website is authentic and all the recent updates comes directly from the company management, so we are requesting all the SAOL family members not to believe any fake news or update. To our surprise that somebody has forged company’s letterhead and trying to misguide our family members, so we request you all not to get influenced by all this and not to believe.
http://speakasiaonlinemarketing.blogspot.com is company’s official blogging site through which you get all the recent update from the company management directly.
Regards,
SpeakAsia Corporate Marketing Team
Thanks,
Shaishav
Category: Speak Asia Online
Speak Asia Online News (21-09-2011)
Posted on | September 21, 2011 | No Comments
Oh man.. this is something to cheer about … Now, let’s hope that SAOL can give proper and convincing answers to RBI..
Just 2 more weeks and picture will be cleared I guess …
Thanks,
Shaishav Sood
Category: Speak Asia Online
Speak Asia Online News (19-09-2011)
Posted on | September 20, 2011 | No Comments
Here are the videos of Press Conference held at Mumbai, which was arranged by AISPA on 19th Sept, 20111St Video
2nd Video
3rd Video
Thanks,
Shaishav Sood
Category: Speak Asia Online
Speak Asia Online News (19-09-2011)
Posted on | September 20, 2011 | No Comments
Hello Everyone,Shaishav again…
Just to share with you a letter from Ms. Haren Kaur, Chairperson, Speak Asia Online Pte Ltd. where she is urging everyone to stand unite. It seems that we are very close to victory as nobody has been able to prove anything wrong till date. Please read the letter below … (click the image to enlarge)
The other thing is that AISPA had organized a press conference on 19th Sept, 2011. You can go through the videos below to see the updates. Thanks to Aman for providing the video.
There is also a news on Zee TV where they have shown that AISPA is demanding early investigations and relief to the panelists. Thanks to Vikas for providing the video.
Keep coming for more updates ….
Thanks,
Shaishav
Category: Speak Asia Online
Speak Asia Online News (13-09-2011)
Posted on | September 13, 2011 | No Comments
The image below confirms the authenticity of the website Speak Asia recently launched for the members who wants to leave the family. Here is the letter from Ms. Haren Kaur, Chairperson, Speak Asia Online Pte. Ltd.Click the image to enlarge
Thanks,
Shaishav Sood
Category: Speak Asia Online
SpeakAsia Fake Survey Reality
Dear paisaworld Viewers,
After the news of "Fake Surveys" being conducted by SpeakAsia in different media sections, the company has come out with the above letter addressed to all the speakasians. Please read the letter carefully. Below are the important things to be noted in the letter-
1. Mr. Nayan Khandoor of Brand Saloon inc. was not making surveys for Speakasia but was in contract with speakasia for putting the language of surveys (received from clients) as per Indian market and for SEO (this helps the website with better ranking in search engine results) purpose.
2. Authorities are yet to file a single charge sheet in the court.
3. The company now re-assures that they are "on our final lap". This means according to the management, they are very close to start the business.
So, we must now not listen to anyone but the final verdict which will make sure that we re-start the business very very soon.
शनिवार, 1 अक्टूबर 2011
Who is really running Speak Asia?
Who is really running Speak Asia?
Oct.01, 2011 in
Despite vehemently denying the fact that Speak Asia wasn’t just making up its surveys and relying on new membership fees to generate profit, it has come to light that Speak Asia’s surveys were indeed ‘sourced mostly from Wikipedia and other sites on the Internet‘.
A far cry from the corporate clients the company claimed to have and subsequently vowed to protect the names of in the interest of competition.
Although Speak Asia supporters claim investigations by the EOW are going nowhere and have assured themselves of a landslide victory in court over the next few weeks, evidence to the contrary continues to inconveniently surface.
The latest is the arrest of web designing firm Brand Saloon Inc owner, Nayan Khandor. Following his arrest, Khandor that
he was aware that the surveys he was doing for Speak Asia were not being used for any genuine purpose.
Speak Asia used to pay him anything between Rs 30,000 to Rs 1.5 lakh per survey.
In a nutshell, in order to keep their scam going and get new members on board, Speak Asia would provide Khandor witha list of topics that were to be considered for future surveys.
The topics included use of scooters, deodorants, talcum powder, washing machines, power saving etc
Khandor and his team would search information related to the above topics on Wikipedia and other sites on the Internet and prepare a survey.
Corporate clients? Sure guys.Interestingly, once Khandor finished his fake surveys he didn’t send them back to Speak Asia. Instead, he sent them off to Seven Rings India or Tulsiantek.
Seven Rings Education Private Limited and Tulsient Information Systems are both companies with involvement by Speak Asia’s Indian CEO, Manoj Sharma Kumar.
Seven Rings International appear to be playing an ever increasing important role in the operation of Speak Asia – just days ago they were by the CID.
In acting as a shell company to launder money through, Seven Rings is not alone – fellow scam company back in August.
Speak Asia, AdMatrix and Seven Rings International… there definitely seems to be a financial connection between these three companies – but to what end?
Today I attempt to put an answer on that very question.
To begin, let’s take a look at Speak Asia’s public CEO’s, Harendar Kaur and Manoj Sharma Kumar.
Harendar Kaur operates out of Speak Asia (although she is now rumoured to be hiding in Dubai), and seems to have been brought on board solely as part of Speak Asia.
Kaur owns Haren Ventures, which had a string of failed previous business ventures until she came on board Speak Asia.
As far as I can tell, there’s no connection between Harendar Kaur and Seven Rings or AdMatrix.
Given the lack of apparent personal involvement and seeming disconnect over the management of Speak Asia by Kaur, other than acting as a vessel through which to funnel money through, I’d take an educated guess she’s nothing more than a figurehead.
In the months following Speak Asia’s regulatory troubles, the only word from Harendar Kaur has been a handful of signed letters published online (which may or may not be accurate).
As far as I know, Harendar Kaur hasn’t been seen or heard from outside of these letters since May 2011.
Manoj Kumar’s association on the other hand, started sometime back in 2007 as part of the management group of Seven Rings International.
Listed as ‘ManojKumar Renu Sharma’, along with a ‘Dharamveer ManojKumar’ and ‘Manmohan Mehrotra Rajiv’, the trio appear to be responsible for bringing Seven Rings International to India under the name of ‘Seven Rings Education Private’ operating out of the now defunct ‘sevenrings.biz’.
(I’m not entirely sure of the source of that list, but it appears to be a government directory of registered business names and corresponding registration numbers).
As far as Speak Asia goes, Kumar was overnight announced as the CEO on May 15th of this year. Prior to that he was pretty much unknown publicly, however he was operating in a management capacity as early as February 2010 as Khandor that he ’met SpeakAsia CEO Manoj Sharma in February 2010 (and) was given the task of creating e-surveys and e-magazines for the firm‘.
Kumar’s appointment as Indian CEO is important as firstly it raised the question of ‘why would a company solely operating in India need a global CEO and Indian CEO?’
This pretty much confirmed that Harendar Kaur’s title was nothing more than a figurehead position with no real authority within the company.
Secondly, as seen on Bloomberg UTV’s ‘Exposed’ show, it confirmed what this gentleman had to say regarding the operation of Speak Asia. From around 2:30 into the following video, the unnamed ponzi scheme operator details how he starts the schemes ‘only as a consultant‘ because ‘if there is a problem, then no one will be able to find me‘.
At around 9:30, he goes into the operations behind Indian ponzi schemes some more, emphasisng that ‘as a promoter, it’s important not to reveal your true role in the company‘ under any circumstances.
12:30 into the program, they start to talk specifically about Speak Asia. The interviewee (who is being interviewed in Mumbai of all places), claims
the leader of Speak Asia is staying in Mumbai only. Today he has collected 1000 cr.
The franchisees have been caught and the mastermind is still in Mumbai.
He goes on to accuse Harendar Kaur of just being a ‘dummy‘ (or figurehead as I proposed).At 17:20, AdMatrix is then introduced as a company started by the brother of the Speak Asia mastermind. The interviewee claims the person behind AdMatrix is hiding in a hotel ‘because he cannot stay at home‘.
Brothers, AdMatrix, Seven Rings International, Speak Asia and being at the near top of the company downline, without giving away your position in the company……there’s two brothers that link all of this together perfectly.
Ladies and gentlemen, I’d like to introduce you to Ram Sumiran Pal (left) and his brother, Satish Pal (right).
Starting with Seven Rings International, Satish Pal was promoting that in March 2007, just a month and a half after the Seven Rings India website (sevenrings.biz) was registered (Jan 30th).
Allowing for some time to set the business up, this places Pal quite high up the distributor list of Seven Rings.
Seven Rings International was purportedly based in Italy, but only operated in India. This fits the ‘pretend a company is offshore but run it locally’ methodology described in the Bloomberg video perfectly.
Unfortunately, Seven Rings International used a recruitment driven compensation plan (matrix and paired binary) similar to Speak Asia and no doubt died a slow death.
The company Seven Rings International is still registered in India today.
Fast forward to 2010 and we see the launch of Speak Asia. Only this time it’s Satish’s brother, Ram who is in the ‘frontline’ so to speak.
AISPA’s ‘anju argarwal’ even goes so far as to the Pals are the first members in the Speak Asia downline,
I can also say ,with all the talk i keep hearing,that the pal’s are only franchisees, albeit rich successful franchisees.
when speakasia was launched they were probably offered the first franchisee ship and they happily accepted.
Curiously she also states thatthey had the EAR of the company management but nonetheless they are only franchisees.
They have worked with manoj kumar in his sevenrings venture and probably got along like a house on fire.
No doubt, but really… the had the ear of company management? Could it be because they were the ones actually running things?Moving on to AdMatrix, Ram’s heavy involvement is no secret. Ram’s wife, Preeti Pal announced herself and Ram were ‘doing AdMatrix’ back in March this year.
Various other sources clearly show that Preeti and Ram were more than just members of AdMatrix.
On they are listed as ‘top leaders‘, again fitting the model of not presenting yourself as management despite running the scam.
On the same page, a Vipin Sharma claims
weekly ads are stopped from last week,the mobile sms service is stopped, Mumbai office is closed there is no one answer the querries the man (Mr Ram pal Mob no 09004444400) who is responsible for all lead role now absconding from Mumbai.
Responsible for all lead role? Sounds pretty high up and absconding from Mumbai…? Could it be Ram is hiding in a hotel as the Bloomberg report interviewee claimed?Ajay Govind over at confirms that Ram and his wife have indeed fled;
Also, all offices in India closed down. Mr. Ram & his wife Priti are not to be seen.
Finally, there’s (in Hindi) which BehindMLM reader ‘Observer’ thatit is commented in Hindi that Ram’s wife Preeti Ram Pal was running Admatrix administration from her office and also collecting cash payments there.
With AdMatrix crashing down, we’ve got a solid reason for Ram Sumiran and his wife Preeti to be hiding in a Mumbai hotel and ‘unable to return home’ as the interviewee stated on Exposed.Satish Pal hasn’t publicly been linked to Speak Asia but he did join his brother Ram’s ‘‘ group on the Palkut social network, indicating he’s got a vested interest in the company.
You could argue that he only joined the group to support his brother, but on Satish’s own personal profile, he also has published links to various pro Speak Asia media.
This makes total sense as the Exposed interviewee claimed the owner of Speak Asia’s brother was running AdMatrix. Satish himself isn’t publicly known within Speak Asia as he’s kept a low profile.
No doubt however high Ram sits on Speak Asia’s distributor list, you can bet that Satish is however somewhere above him, if not at the top itself.
As it stands, we’ve got one gentlemen on ‘Exposed’ who made a whole bunch of claims, all of which appear to be verifiable on their own through a variety of sources.
These sources don’t paint a complete enough picture on their own, but when combined with eachother present a pretty convincing case.
What’s more probable, that Ram Sumiran and his brother Satish just happen to be involved at a top distributor level in Speak Asia, AdMatrix and Seven Rings International (all of which the EOW has traced money through which makes no sense seeing as public management of Speak Asia and Seven Rings is unrelated to AdMatrix), or that they are indeed, as the interviewee on Exposed (who clearly seems to know what he’s talking about given the depth of knowledge he displays in Indian ponzi schemes), are running things?
I’m a big fan of the simplest explanation and it’s quite obvious that the Pals have had a finger in each of the three previously financially unrelated companies following the discovery of a money trail between the three.
Furthermore why on Earth would Khandor have to send surveys off to Seven Rings instead of directly to Speak Asia?
Could it be that in doing so, Speak Asia’s management could claim with a straight face that they did indeed have corporate clients (Seven Rings themselves, even though they are being run by the same person(s))?
Harendar Kaur is a puppet and we haven’t heard anything from Manoj Kumar since he went into hiding overseas and last promised to come to Mumbai back in late July.
Meanwhile somebody has to be running things and all signs are pointing to Satish Pal, Ram Sumiran Pal and his wife Preeti Pal, operating things from a hotel somewhere in Mumbai.
I’ll leave you with this quote from a ‘korectit’, in response to a YouTube video;
Dear Viewer
I know Ram Pal from his days in to mlm
Is is the person how has a vision for making big money at the expenses of other.
He 1st promoted Mango with Holand as it based. Then Seven Ring & then through his brother Sumiran Pal Speak asia.
If you go through the Management of all the 3 company it will be brother and sister of the same family.
They are fraudster and the company will close after looting india.
Despite being published four months ago now, korectit paints a pretty accurate picture of a secnario that has since been verified through investigations by the EOW and third parties publishing snippets of information on other unrelated websites.Given all this, I put forward to you that through his brother, Ram Sumiran Pal, it is none other than Satish Pal who is indeed running Speak Asia.
Speak Asia Online Exit Policy. Real or Fake?
Speak Asia Online is one of the very controversial company of this decade. On the first side, this is the first company which is still fighting to comeback in spite of getting so much trouble from the legal authorities in India. On the other side, thousands of Speak Asia people are still motivated and think very positive about the company. And this makes controversial because both the company Speak Asia Online as well as its investors knows that the concept run by the company is fake.
The latest news about Speak Asia is that the company has executed an exit policy through which a person can opt to make an exit from the company and get his refund. The surprising thing about this exit policy is that neither the company Speak Asia has made this announcement on its official website nor they have sent any email regarding this. They have booked another domain speakasiamarketing.com and given the details of exit policy there and you can opt to exit from the same website.
Now it looks very suspicious by looking at this website that whether this exit policy is from only or someone created the fake website to collect the details of Speak Asians. To know more about this I went through the who.is database and found the following details on about the domain speakasiamarketing.com-
Registrant:
Speak Asia Marketing
05-88,UBI techpark,Lobby E
Singapore, Singapore 408564
Singapore
Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: SPEAKASIAMARKETING.COM
Created on: 07-Sep-11
Expires on: 07-Sep-12
Last Updated on: 08-Sep-11
Administrative Contact:
Just check the above details. The registrant here is Speak Asia Marketing while if you check the , you will find ‘Speakasia Online Pte. Ltd’ which is the original name of the company. The registered contact email on Godaddy is on and its very rare if Speak Asia Online will make such a big mistake and register domain with a free email ID. If they will buy the domain, they could do this from the same existing account from their hosting provider.
So be sure that this is the official website of the Speak Asia before you give any of the details in this website. They can misuse your data or hack your account. Double check from the company and wait for the announcement from the company. There is a number from Singapore. Checkout the authenticity by contacting there or write the email to support line of Speak Asia.
The latest news about Speak Asia is that the company has executed an exit policy through which a person can opt to make an exit from the company and get his refund. The surprising thing about this exit policy is that neither the company Speak Asia has made this announcement on its official website nor they have sent any email regarding this. They have booked another domain speakasiamarketing.com and given the details of exit policy there and you can opt to exit from the same website.
Now it looks very suspicious by looking at this website that whether this exit policy is from only or someone created the fake website to collect the details of Speak Asians. To know more about this I went through the who.is database and found the following details on about the domain speakasiamarketing.com-
Registrant:
Speak Asia Marketing
05-88,UBI techpark,Lobby E
Singapore, Singapore 408564
Singapore
Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: SPEAKASIAMARKETING.COM
Created on: 07-Sep-11
Expires on: 07-Sep-12
Last Updated on: 08-Sep-11
Administrative Contact:
Just check the above details. The registrant here is Speak Asia Marketing while if you check the , you will find ‘Speakasia Online Pte. Ltd’ which is the original name of the company. The registered contact email on Godaddy is on and its very rare if Speak Asia Online will make such a big mistake and register domain with a free email ID. If they will buy the domain, they could do this from the same existing account from their hosting provider.
So be sure that this is the official website of the Speak Asia before you give any of the details in this website. They can misuse your data or hack your account. Double check from the company and wait for the announcement from the company. There is a number from Singapore. Checkout the authenticity by contacting there or write the email to support line of Speak Asia.