Speak Asia top officials and Tarak Bajpai, the chief operating officer arrested Suspected fraud of Rs.1, 320 Crore

Speak Asia top officials and Tarak Bajpai,
the chief operating officer arrested Suspected fraud of Rs.1, 320 Crore

Amarinder Singh City Superintendent of Police said that Tarak Bajpai chief operating officer (COO) of Speak Asia was arrested late last night in connection with a forgery case from the Vijay Nagar police station area.
Tarak Bajpai will be flown from Indore to Mumbai.
With Tarak Bajpai 3 other persons were also arrested.


Joint Commissioner of Police Himanshu Roy told to media that Finance manager Ravi Khanna along with Rajiv Malhotra and the third official, identified only as Rais, were nabbed by the economic offences wing of Mumbai police and brought to Mumbai from different parts of the country.
Roy said that police suspect fraud of Rs.1, 320 crore.

Web portal SpeakAsiaonline.com was operated by tarak and 1 more person with his links in Mumbai.
He mainly handled training, communication with members and hosted the retreat for Speak Asia investors in Goa this year.

2 days back CID froze the online survey company's bank accounts.
Speak Asia is being investigated for a multi-level fraud. FIRs and PILs have been filed against it.

Speak Asia is not incorporated in India and it will be investigated inspected under section 591 of the Companies Act, which is applicable on companies incorporated outside India and has established a place of business within the country.

The company's chief executive officer (CEO) is a Singapore-national Harendar Kaur.
The India CEO Manoj Kumar is currently untraced and on run.
Speak Asia only operates in India in Asia and the company had 137 franchises in Maharashtra, four of which are in Mumbai.

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Keyword Tags – Speak Asia Manoj Kumar Arrested COO Harendar Kaur Tarak Bajpai