Monday, June 20, 2011

Speak Asia News 20 th June 2011

According to our unofficial Sources Monday 20th June on Speak Asia Online Website their will be POP UP Comes .. Waiting Time 2:05 AM - 2Oclock in the Morning
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Till The Time Check about

Sunday, June 19, 2011

Speak Asia News on 19 June 2011

Till In The Morning at 12:00 Means 20th June 2011 . We are Waiting our Sources for News Till Dates their was only a Unofficial  Statement  watch Speak Asia POP UP of 20th June as 23rd June 2011 Will Be Big Day For Speak Asians.
Till The Time Check about

Yahoo news (full story) Speak Asia: Your money down the drain?

When there's an easy way to earn money, it almost always is or eventually will turn out to be a preposterous scam. It's surprising how people still don't realize it. A (well educated) friend of mine very enthusiastically called me saying he'd signed up for Speak Asia. "You have to pay an upfront fee of Rs 11,000 and you get Rs 4000 every month. All you have to do is answer two surveys a month." Now, that's Rs 48,000 you'll earn in a year for an investment of Rs 11,000; a whooping 336 per cent return for just a few clicks!! For a financial journalist who loves Sherlock Holmes; this scheme had scam written all over it, or shall I say Ponzi written all over it (elementary dear Watson). So I did some bit of sifting through various agency reports on the scheme and rewarding, it was.
speakasia.jpg

For all those who haven't yet read about the investigation by the Headlines Today. Its report reveals that the leading integrated market research agency (Speak Asia) has been peddling a pack of lies. The company claims that it conducted surveys for top MNCs in India. There were reports that during a trade fair in Goa, the company's marketing team had claimed that ICICI, ING Vysya, Bata, Airtel and Nestle were its clients. However when Headlines Today contacted these companies, they refused any business links with Speak Asia. The future of the company remains in a cloud after the various allegations that have been launched against Speak Asia.

Not surprisingly, most investors in Speak Asia are mainly Indians (we are such a gullible lot, aren't we?) The company claims to be established in Singapore (and some say Malaysia and others still say Indonesia), there seems to be hardly any investors there.

Indian officials, of course, have realized that a quick-buck scheme is RED ALERT, but nothing can be done incase the scheme falls through, most authorities claim.

An MCA official told livemint.com, that the ministry could do nothing because Speak Asia was not registered in India as a company under the law. The RBI and Sebi have also said they cannot investigate the company.

An RBI spokesperson said that Speak Asia does not come under its purview because it is a marketing-cum-chit fund company and "gives users some kind of service in exchange for money".

A Sebi official said Speak Asia does not come under its regulatory purview because it has issued no securities till date. "This is a marketing company which has just sold a software through its website for a price."

Now, they also have a foolhardy plan so that no one can be pinned by authorities.
Firstly, the company operates on franchisee model so on the face of it you make no direct payments to the company "Speak Asia", instead it's routed through its franchise (bank account) that investment amount further is passed to other investors who are entitled to some per cent of the investments . Sounds complicated? Well, that's the idea!

Now, if you suddenly stop getting your "assured" returns and Indian authorities do probe in to the entire sham; you will find that the company can easily bail themselves out. Why? Well, simply because you haven't made direct payments to Speak Asia as an entity but instead to a franchise that has only been paid a certain percentage to forward it to the main distributor and who then further passes it on to someone else (yes, that whole complicated routing) . Ergo, the only person you can pin it on to is the investor himself (Surprise, that's you!!). Sadly, you also happen to be the victim of this whole scheme. Long story short, you were just made a BAKRA!!

Saturday, June 18, 2011

Bhimrao Ambedkar Auditorium - Lucknow 18 June 2011

B.R. Bhimrao Ambedkar Auditorium ( Part of )
Dr. Ram Manohar Lohiya National Law University - Lucknow
Part of Speak Asia Big Presentations - Tarak Bajpai

Dr Ram Manohar Lohiya National Law University
Today on Saturday 18th June 2011 At : 4:00 PM : Dr B.R. ( Bhimrao ) Ambedkar Auditorium this a modern Auditorium with the capacity 3500 peoples. This One of India's largest auditorium which is part of
Dr. Ram Manohar Lohiya National Law University
Sec- D1, LDA Colony, Kanpur Road Scheme
Lucknow – 226012
Uttar Pradesh, India.

Today : All things Get Repeated
By Tarak Bajpai Speak Asia



Small Changes News are 
Payout will be remain Same their is Exit options which is coming on the  website . 
 The Pannelist who wants their Money can Exit or Leave Speak Asia .

Now Mobile will not come by  courier like LCD you will get directly from Outlet 1st Consignment will dispatch in End of June .

Payout will Still take time as this delay due to government .

1st Regional Office will be in Mumbai in August.

Talk about Speak Asia Brand Name YUG by which company will introduce GERMAN technology made products.
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Some Unofficial News on Internet ( Not Covered By Mr Tarak )
New website launches 23 June 2011, All this information will be Uploaded in popup windows next 2-3 days.

Speak asia rocks with YUG Products.SPEAKASIA has launched and introduced GERMAN technology made products by the brand name YUG

Income Tax Department Investigate Speak Asia Online - 17 June 2011

Today on 17th June 2011 at 3:30 PM

Kanpur Kailash Bhawan Nawabganj is going by Tarak Bajpai Speak Asia This is Part of Speak Asia Big Presentations - Tarak Bajpai

Speak Asia - Income Tax Department
A Shocking News for Speak Asian's waiting for their money get to known that Indian Income Tax Department will investigate of Speak Asian Indian bank Accounts .

Now Income tax Department of India will investigate on Speak Asia related entities such as Tulisyat Tek Pvt Ltd ( is an account-holder with ICICI Bank) now while investigation this come to in notice that 2 More core account of speak asia is there Kritanj Management Services and Star Enterprises .s received large fund transfers from a host of banks including Allahabad Bank, Citibank, Yes Bank, HDFC Bank, State Bank of India, Axis Bank and others.

By Using these accounts Haren Ventures in Singapore getting money from India.
Previous ally this Investigation has to be done by Ministry of Corporate Affairs but they said they don't have so much power to investigate on this matter.

Basically on 23 May 2011 RBI (Reserve Bank of India) issued a bland circular to all banks about the operandi and warning them to be careful while opening account for such schemes since they fell under the purview of the Prize Chits and Money Circulation (Banning) Act of 1978 or face stringent action.