Showing posts with label GoldQuest. Show all posts
Showing posts with label GoldQuest. Show all posts

Friday, 10 July 2009

Three CBCID police officers suspended in Chennai on graft charges in GoldQuest case

Three police personnel attached to the Crime Branch CID, including an Inspector of Police, have been suspended on charges of misconduct and corruption.
Based on the recommendations of a top officer in the CBCID, Director General of Police K.P. Jain ordered the suspension of Inspector Sundareswara Pandian, Sub-Inspector Siva Subramanian, and Head Constable Ramanujam, who were part of a team that investigated the ‘Gold Quest’ case, police sources said.
On receiving information that a huge sum was paid to the police personnel by an accused in the case, who had tried to evade arrest, the CBCID made discreet enquiries.
“We have established prima facie evidence that money was paid by one of the accused to avoid arrest. It has also been recommended that the charges may be referred to the Directorate of Vigilance and Anti-Corruption for further investigation,” a top officer in the CBCID said.
It is an eye-opener for police officers who take bribes from swindlers. Soon Amway India is going to face the same fate of GoldQuest International since there is hardly any difference between the schemes of the two fraudsters.

Saturday, 19 July 2008

From cushioned life to hard reality

It has been a long journey for the now infamous Pushpam Appala Naidu, the beleaugured managing director of GoldQuest International Ltd from the air-conditioned cushioned life to the hard reality of spending time in various jails in the country.
The high-profile entrepreneur had been leading the luxurious life inducing several lakhs of people all over India if not all over the sub-continent and for the matter South-East Asia with her smooth sales talk selling great luxury life to all and sundry till the long arm of the law caught her. Now she is in Warangal Central Jail and before that she was in Chennai Central Prison. Spending nights in the dark prison cells without air-condition is not easy for people like her.
The much-travelled middle-aged lady 'inspires' and 'hypnotises' the audiences with her glib talk of getting rich quick and retire early in life. Of ocurse, almost all the executives deliver such talks while addressing a large number of audiences in huge auditoria offering sumptuous lunch. Usually she is followed with much fanfare creating hype among the audiences she is going to address. These fraudsters never leave a doubt in the minds of people about what they are doing is a banned activity in various countries under relevant laws.
Yes. It is a banned activity. The money circulation schemes are banned across the globe. That is why they came up with product-based money circulation schemes like Gold coins, memorabilia by GoldQuest International or self-styled herbal products by Herbalife or so-called luxurious cosmetics by Amway. They all do the same trick of cheating the gullible people with false promises of getting rick quick and early retirement in life and happy holidays in the tropical islands.
But these fraudsters must remember that the long arm of law would not leave anyone and nobody is above law. These fraudulent companies should close shop sooner the better for the good of the people and the country.
People should not fall prey to the false promises of these fraudsters and allow them to plunder our country.