Speak Asia Online – The End
Every One is just waiting for Speak
Why dont you start right now ?
Make a Police complaint against the person whom you paid the money NOT the company.
Send a copy to all Speak
Speak Asia will not return your Hard earned money but the person who made you member can pay you because he is the one who made money from your money.
Also local franchisee whom you paid your money.
Soon we will publish all FIR formates on the same
Please collect Home address and more Info about all Indian promoters who are coming on TV on behalf of SpeakAsia to give them legal notice and inform to their near by Police Station.
Also save their Videos for proof
Yes, such schemes are a dime a dozen on the Internet but what was shocking about Speak Asia was its massive reach. This Google chart reflects the scheme’s popularity in
Millions of Indians had invested (and continue to invest) money into Speak Asia and, since the company also had a referral scheme, the ‘Speak Asians’ were working hard to convince their aunts and cousins and neighbors to invest in the scheme – the more members you can bring, the more you’ll earn.
The response to my story was unexpected. Some people were appreciative (for bringing a
Then, as some of you probably know, a few days later, I pulled down my Speak Asia story. Why? There were allegations made that could be divided into three categories:
1. I got my facts about Speak Asia wrong, was embarrassed and therefore removed the story.
2. The company issued me a legal notice, something like a Cease and Desist, thus forcing me to pull down the story.
3. I entered into some sort of a financial agreement with them.
Well, none of the above is true.
Hundreds and thousands of people in India were ‘earning’ from Speak Asia now, especially the franchisees, and my story could possibly impact their earnings. I did not know who these people were but they were certainly from all sections of the society and the heat was getting impossible to handle.
You may call it a cowardly move but, after a few phone calls with some people, I decided that it was time to pull down the story. Journalists in mainstream media probably face such issues every single day but it was too getting tough for me and my family. I am sorry.
The rise and decline of Speak Asia
It was April and the company’s business was booming in India. The company had hired Lowe Lintas for their TV campaigns during the IPL season, they published public notices to prevent people from spreading ‘rumors’, newspapers were flooded with costly half-page ads and more importantly, Speak Asia even increased their rates.
All this hype and publicity finally caught mainstream media’s attention and the tables have finally turned.
Speak Asia is finding itself in hot waters now as most of their previous claims have been proved false. They are not based in Singapore, companies like Nestle or Bata have not commissioned Speak Asia for any market research, and the company’s business is under intense scrutiny by the government of India.
I have been a silent spectator all this while but big props to Sucheta Dalal of Money Life, Rahul Kanwal of Headlines Today and the Star News team for investigating and highlighting the Speak Asia Online scam to the public of India. I know the CNBC team has also been investigating Speak Asia operations in India since April but not sure if they went any further.
Here’s the current status of Speak Asia:
1. The government of India has launched an investigation into Speak Asia [Economic Times]
2. The Bombay High Court has issued summons to the top management of Speak Asia (they are merely fronts though) [India Today]
3. Some of the banks in India have frozen Speak Asia’s accounts for possible foreign exchange violations [Money Life]
4. The company is not based in Singapore as they claim but in British Virgin Islands and the real owners are Podium Ring International Ltd. [Business Today]
5. The Excise department has raided some offices of Speak Asia franchisees for possible evasion of service tax [Star News]
We request you to provide maximum information related to your travel plan in the "Requirements" field This will help us to process your information quickly and accurately.
FIR for Speak Asia Scam
Date: _______________________
Proforma
For Registration of
FIRST INFORMATION REPORT
(Under Section 154 Criminal PenalCode.)
Proforma
For Registration of
FIRST INFORMATION REPORT
(Under Section 154 Criminal PenalCode.)
The Station Officer
Police Station: _______________________
District: ________________________
State: ____________
Complainant/Informant:
Name: ____________________________________________________
Father/Husband’s Name: _____________________________________
Address: __________________________________________________
__________________________________________________________
Phone: ____________________________________________________
Email ID: ___________________________________________________
Place of Occurrence (City/District/State):
__________________/______________________/_________________
Date/Time of Occurrence: _________________/____________________
Nature of Offence: ____________________________________________
Details of accused person:
Name: ___________________________
I was initially approached by a member of Speak Asia, claiming that they’re a legit Singapore based company, registered in India and that they would help me make easy money. They claimed that at first, I would require to pay them Rs. 11,000.00 only in order to start the business and then, they would repay me by giving me a monthly payment of Rs. 4,000.00 along with reward points that could double my income on it. They assured me that not only would I recover my Rs.11,000 but also, make Rs.52,000.00 in a year. At first, the proposition didn’t quite appeal to me. So, I considered giving it a try and joined Speak Asia on ____________.
Soon after, I saw news channels like the Star Network and Aaj Tak telling everyone about the Speak Asia scams and how it misleads people into becoming its member and takes their money and, realized that it was nothing but a fraud and that I had been scammed too. I was extremely disheartened to find out that my hard earned money was lost. I no longer wish to be a part of this company and now, I request you to kindly help me out in recovering my money back.
My details that I provided them with are as follows:
Name: ___________________________
Address: ___________________________
___________________________________
User ID: __________________________
Phone: __________________________
I believe that the people who were working earlier for Speak Asia have earned more than what they had deposited. I would request you to look into it further and help recover that money back and get to the root of it in order to help all the victims like me.
Thank you,
___________________.
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