Monday, 17 September 2012

Prakasam police identify properties of NMart racketeer after Gopal Singh Shekhawat and his wife gone underground


Prakasam district police under the dynamic guidance of superintendent of police Dr Raghuram Reddy identified the properties of the NMart money circulation scheme racketeer Gopal Singh Shekhawat in Surat and other areas.The SP said that some of the properties of the accused who has been absconding after the Borivali magistrate, Mumbai, issued non-bailable warrant for his arrest were identified and efforts are on to confiscate the properties. He said that the police have identified a helicopter bought by the accused Gopal Singh Shekhawat with the ill-gotten money which was parked in Mumbai and seized it. It may be recalled that in the name of retail business, the accused Gopal Singh Shekhawat indulged in money circulation scheme and amassed about Rs. 1400 crore in a short span. The police had already seized several cars and two-wheelers owned by him. According to police, the cases were filed against the accused Gopal Singh Shekhawat and his wife and others under Section 420 of IPC, Sections 3,4,5 of Prize Chits & Money Circulation Schemes (Banning) Act, 1978 and the AP Protection of Depositors Act. The modus operandi of the racket is simple. By paying Rs. 5500 one has to become a member and he would be given 48 coupons each worth Rs. 220 to be exchanged with products in the next 48 months in the retail shop owned by the accused. More, the members would be paid Rs. 200 per each enrollment of new member into the scheme. In addition to the incentive of Rs. 200, the members were promised attractive prizes like motorcycles, cars, computers, foreign trips if they enrolled more than 50 to 1000 members into the scheme. Corporate Frauds Watch, a Vijayawada-based voluntary organisation lodged a complaint with the police station at Kandukuru, Prakasam district. The Kandukuru circle inspector Akkeswara Rao had taken up the investigation and apprehended the accused and his wife. After obtaining the bail from the Mumbai court, the accused was absconding since then. CI Akkeswara Rao, said that a helicopter belonging to accused was seized at Mumbai. The accused and his wife were at large and efforts are on to identify his whereabouts, he said. Meanwhile, the reports from various States said that the irate members attacked the NMart retail stores and took away whatever they could from them. The NMart has nearly 150 retail outlets through out the country. Almost all the shops are now closed. Some people, who refused to be identified, lamented that they had paid huge amounts as membership in the hope that it would fetch huge returns in future. The members have to pay Rs. 5500 per membership, but these people out of greed for huge returns have taken multiple memberships.

15 comments:

Thambi Swami said...

Shyam Kuchh Naya Lao, Hutke.. These are Old stories we see, seems you don't have new Updates.

Lagta hai Tum logo ko Ghooma rahe ho ya Prakasham Police tumhe Ghooma rahi hai.

Bring something New. Kuchh Naya Ho, Jo sabko Lage yaar kya update hai.

Tumhare pas nahi hai?? Nautanki

MALLAPPA RAJU said...

Shyam don't know the concept. That's why he is writing wrong concept in his blog. Dear Shyam, 1st see the concept in detail what is concept. NMart is not giving foreign tour. I think you are going foreign tour permanently. Means leaving India because of attacking by all Network Industry Customers due to your blackmailing.
Give me your address. I will send brochure of NMart concept. It will be helpful to you for your right justification.

Shyam Sundar said...

Thambi, it seems you have more information regarding the disappearance of Gopal Shekhawat. Why don't you share it with others so they could catch hold of him and get back some of the stolen money. That fellow has gone underground.

ganesh reddy said...

I THINK U AND GOPAL SHEKWAT ARE MATCH FIXED TO THIS RACKET

ganesh reddy said...

i think u and gopal sekhwat both were playing with comman men money

Suresh Gabhrani said...

shyam ji let me know what happened of today's hearing of nmart case

T.CHAITANYA Kumar said...

HELLO SHYAM GARU,
YOU R SAYING THAT "ALL 150 MALLS ARE CLOSED", IT IS WRONG ALL MALLS ARE OPEN IN NORTH INDIA GO AND VERIFY, ONLY IN SOUTH INDIA MALLS ARE CLOSED. ONLY BECAUSE OF YOU. PLEASE DONT POST WRONG MATTER PLEASE.

GRANDMASTER said...

PLS GIVE UR OPINION ON NMART:
http://www.opinionpower.com/Surveys/743061505.html

Sumitha Pooja said...

VERYSOON SHYAM SUNDAR WILL PUNISHED BY GOD, 18 STATES NMART PEOPLE PRAYING GOD SHYAM SUNDAR FAMILY COME TO THE STREET. ALL NETWORKERS PRAY TO GOD....

Shyam Sundar said...

Mallappa aka vasanth it would be an eternal waiting. Best of luck.

ram sunder said...

Dear shyam ji, please give detailed info regarding arrest of Gopalji and his beloved pratibha,whether police of AP has succeeded in seizing the illegal properties of gopalji and pratibha,how many malls so far has been closed down by police in Andhra as well as other states,is there any info regarding whereabouts of shekhawats?.Please give clear information ,I am waiting for your answer.

kareem said...

shyaundar garu, meeku telugu telusanukuntaa. because i don't know english..ok naa. Nmart company gurinchi mikutelisena aa nijam ento makevvariki ardham kavatamledu kasta vivarinchagalaraa..? chivaraki miru cheyagaligindemi ledani matram maakutelusu sarenaa. prastutam eevishayam pakkana petti meeku sapport gaa nilabadi unnavarevaroo adenandi sir (back side of yourscreen) kasta cheputaraa..

Bhupendra Gaur said...

My dear shyam,
if you are saying mlm business illegal? enrollment of members for a fee is prohibited under law....
then why lot of mlm companys running their business in india?
why you are against only for top mlm companys?

that mean you want to be famous in india,?,,,, you are very cleaver man shyam,,,,
good planning to earn money……
if are you a true social worker mean find all the mlm companys in india,,,,do something before they enrollment of their members,,,,
why you are waiting for them to grow?
ohh the small companys dont want to offer anything to you?
incase offer is not enough to you?
so you waiting for them to grow after some millions of people joined in there company you are going to put 420 case against them,,,,this is very crazy and you are so selfish,,,,because lot of people going to suffer from this companys...
pls do onething,,,,
pls find all the mlm companys in india make a list and mention their legality and make awarness of the companys and publish in your blog and report to govt,,,,its very useful to everyone before they suffer from any mlm company,,,,,
i believe you can do this and save our public.....
if you publish this mlm list pls mention the action taken by you....
mr.shyam this is easy way for you to get money from mlm companys no need to work forever,,,,
dont put 420 case one by one,,,,one shot put 420 case all the mlm companys,,,
if you are thinking hero for mlm business,,,sure you are the zero....
you think all the networkers are selfish and cheating their friends?not like that they are working for survive them,,,only possible is mlm company can cheat the public...pls change your mindset about networkers they are self employed thatsall..
so pls list the all the mlm companys and mention their legal....
its really can save our public...
how ever who is doing good for society i am really salute you..
but you must prove your standard,,,once you show all the illegal mlm companys in your blog..
sure i print your list of illegal mlm companys I can distribute to public,,,,,,,,,,
but don’t try to cheat people for your selfish,,,,,,,
pls answer me when you are going to update the illegal mlm companys? For public welfare…
thanks

Shyam Sundar said...

OK wise guy. That is really verbal diarrhoea. Do you really need an answer. You know the answer. I have clarified several times. We don't have resources or manpower to list out all the MLMs all over the country or world.
There are many crooks all over the place. And many a 'bakaraa' to fall prey to their activities. They keep on living in a make-believe world that they are going to become rich soon. It is a mirage.
You don't believe that there are honest whistle blowers. Moreover you think everyone in the world like you. Open your eyes and look around there are many good people along with people like you.

Zeddy B. said...

Hi,every body.I just couldnt resist myself to ask you some question....as I found many of you are quite aware & knowledgeable about the mlm process & the rules it abide by...
1ST Q.What is the profit NMART is earning from the selling of products?

2ND Q.Is this sufficient enough to disburse all the commissions & expenditures?

3RD Q.Is NMART disburse the commissions of the senior line ups from the money are being deposited as registration fee?

4TH Q.If NMART doing as 3RD Q then somehow the process 1:2 leads towards number indefinite.Then how can this business model be viable?What will happen with the last level joiners? Because law of average or 80:20 rules or any such rules which based on success rate can not or should not be legal in terms of monitory transactions where it is mathematically proved to be broken(as it much higher than birth rate)after some time. Don't you agree?If not please let me know as I may not be aware of any other equations(Please dont add emotional equations in it).