A
A SUNDARARAMAN
Guest
[h=2]A Word of caution to the general public - BEWARE OF SEASONED FRAUDSTERS[/h]
I would like to bring to the notice of general public, especially the most gullible senior citizens who have toiled all their life and have some savings to take care of them till they receive the call from above.
It is because about 90% of investors in this particular fiasco happens to be Brahmins, senior citizens and unfortunately well-educated but NOT well-informed. The very purpose of this letter is to fulfil the requirement of 'being well-informed'.
One Mr R Subramanian, an IIT and IIM genius chose to target maximum number of senior citizens, especially the defenseless Brahmins, promising them slightly or marginally higher returns than the Banks and collected the deposits. He knows very well that these hapless brahmin elders can only make hue and cry among themselves but wont go beyond that. He started Subhiksha in Chennai and other major cities only to dupe the employees and the general public after few years. He was a most effective fraudster - imagine he has duped umpteen number of big banks, and major corporates like Wipro by his sharp skills. Nothing happened though everyone was shocked beyond belief but no one could touch him.
He has started or registered some 60 plus Companies in Chennai with the connivance of concerned authorities, especially the Registrar of Companies - it just defies any logic how this one unscrupulous person was given so much freedom to open Companies and defraud the public with impunity. He started all these companies only to route the money received from public into a labyrinthine cross-network so that no one can trace where the money went.
Vishwapriya Financials and Securities is his recent release - thousands of crores have been swallowed by one man and absolutely no one is able to touch him even remotely. He is able to roam around freely in his Audi cars while the hapless senior citizens are literally in the street. He has devised a fool-proof strategy to fool the investors - he himself has filed a case in the court and as everyone knows the Courts are the last ones to help a hapless common man it sided with this great fraudster and keeps dragging the case - few of the investors have already died and few others are lamenting why at all they had invested in this Company. Only thing the court has done is hear, adjourn, adjourn, adjourn............ That is precisely what Mr R Subramanian wanted and that is his well planned strategy to delay returning money to depositors (in turn that is worst form of denial) and eventually close down his Company and case without even returning one paise to the depositors.
EOW and Courts are just spectators in this cruel episode. Government or any politician worth his salt is not willing to intervene for obvious reasons - they have received their shares for keeping quiet.
How these things can happen in such a well-educated law-abiding society? It is because some vested interests, paid by the fraudsters, keep the information under wraps and DO NOT ADVICE THE PUBLIC EVEN THOUGH THEY VERY WELL KNOW that the public are being duped so openly with impunity.
The sole purpose of this letter is to INFORM THE PUBLIC, ESPECIALLY THE ELDERLY BRAHMINS, TO LEARN from THEIR MISTAKES, KEEP AWAY FROM THESE FRADUSTER COMPANIES AND MOST MOST IMPORTANTLY - ADVISE OTHER PEOPLE TOO TO REFRAIN FROM FALLING INTO THE TRAP OF THESE INDIGENOUS HIGHLY EDUCATED AND SEASONED SHARP-SKILLED FRAUDSTERS.
A.SUNDARARAMAN
On behalf of Viswapriya Investors Welfare Forum.
It is because about 90% of investors in this particular fiasco happens to be Brahmins, senior citizens and unfortunately well-educated but NOT well-informed. The very purpose of this letter is to fulfil the requirement of 'being well-informed'.
One Mr R Subramanian, an IIT and IIM genius chose to target maximum number of senior citizens, especially the defenseless Brahmins, promising them slightly or marginally higher returns than the Banks and collected the deposits. He knows very well that these hapless brahmin elders can only make hue and cry among themselves but wont go beyond that. He started Subhiksha in Chennai and other major cities only to dupe the employees and the general public after few years. He was a most effective fraudster - imagine he has duped umpteen number of big banks, and major corporates like Wipro by his sharp skills. Nothing happened though everyone was shocked beyond belief but no one could touch him.
He has started or registered some 60 plus Companies in Chennai with the connivance of concerned authorities, especially the Registrar of Companies - it just defies any logic how this one unscrupulous person was given so much freedom to open Companies and defraud the public with impunity. He started all these companies only to route the money received from public into a labyrinthine cross-network so that no one can trace where the money went.
Vishwapriya Financials and Securities is his recent release - thousands of crores have been swallowed by one man and absolutely no one is able to touch him even remotely. He is able to roam around freely in his Audi cars while the hapless senior citizens are literally in the street. He has devised a fool-proof strategy to fool the investors - he himself has filed a case in the court and as everyone knows the Courts are the last ones to help a hapless common man it sided with this great fraudster and keeps dragging the case - few of the investors have already died and few others are lamenting why at all they had invested in this Company. Only thing the court has done is hear, adjourn, adjourn, adjourn............ That is precisely what Mr R Subramanian wanted and that is his well planned strategy to delay returning money to depositors (in turn that is worst form of denial) and eventually close down his Company and case without even returning one paise to the depositors.
EOW and Courts are just spectators in this cruel episode. Government or any politician worth his salt is not willing to intervene for obvious reasons - they have received their shares for keeping quiet.
How these things can happen in such a well-educated law-abiding society? It is because some vested interests, paid by the fraudsters, keep the information under wraps and DO NOT ADVICE THE PUBLIC EVEN THOUGH THEY VERY WELL KNOW that the public are being duped so openly with impunity.
The sole purpose of this letter is to INFORM THE PUBLIC, ESPECIALLY THE ELDERLY BRAHMINS, TO LEARN from THEIR MISTAKES, KEEP AWAY FROM THESE FRADUSTER COMPANIES AND MOST MOST IMPORTANTLY - ADVISE OTHER PEOPLE TOO TO REFRAIN FROM FALLING INTO THE TRAP OF THESE INDIGENOUS HIGHLY EDUCATED AND SEASONED SHARP-SKILLED FRAUDSTERS.
A.SUNDARARAMAN
On behalf of Viswapriya Investors Welfare Forum.
