Wednesday 31 August 2011

Karnataka Mining Scam

Karnataka Lokayukta, investigating illegal mining and corruption in the state on Wednesday estimated losses to the state exchequer from illegal extraction at 161 billion rupees ($3.6 billion).

Justice Santosh Hegde accused politicians in Karnataka, including chief minister BS Yeddyurappa, of causing the losses from 2006 to 2010 via the illicit mining of iron ore, much of which is thought to have been shipped to China.

"An amount of 16,085 crore rupees has been lost to the exchequer between 2006 and 2010 due to the illegalities and irregularities linked to the grant of licences and the export of iron ore," Hegde said in Bangalore.

"In the illegal mining and irregularities committed in the export of iron ore, we have found the involvement of some 100 mining companies, about 600 officials, powerful politicians including the chief minister."

Karnataka, which accounts for a quarter of the country's iron ore exports, banned shipments in July 2010 to curb illegal mining.

Yeddyurappa said before the report was released he would consult cabinet colleagues and legal experts once he saw its contents.

Hegde had earlier said that was "an element of criminality on the part of the chief minister as he heads the mining department and is responsible for all acts of omission and commission in it," according to reports.

According to reports, Hegde has submitted the report of over 10,000 pages in two steel trunks to the chief secretary.

Prior to submitting his report, he said that he is not sure whether government will take any action on his report.

"I do not think that government is going to take any action on the report to be submitted by me," he told mediapersons here.

Hegde said though he does not expect any action from the government, the matter holds great importance as it concerns the people of the state.

"I would not expect anything from the government, but since the Supreme Court has already expressed very strongly that it is likely to close down all the mining in Karnataka. Ultimately, it is in the larger interest of the state and the natural wealth ultimately belongs to the people," he said.

Justice Hegde further said that there is a threat to the Lokayukta staff, as the report on illegal mining goes against the ruling Bharatiya Janata Party (BJP) government in Karnataka.

"I have mentioned in the report that there is a possible threat and I have not said that there is already a threat. I have mentioned taking into consideration that the number of people whom they might have displeased, there is a possibility of these things happening and in the future it could be jeopardized. So in that context, yes, I have written in the report itself I have submitted," he said.

The BJP central leadership has made it clear that it will go through the voluminous report before taking any decision on the future of its government in Karnataka.

BJP President Nitin Gadkari on Monday said the party will decide on Yeddyurappa's future only after the report is submitted.

As from TOI.

Sunday 14 August 2011

Rs20 lakh fraud: Ahmedabad

Certainly, from the news that I recently read on internet, my perception is developing to be that Ahmedabad is soon going to become the capital of frauds in India. Here is another story of a fraud from Ahmedabad Gujarat, where a man uses his soft and butter-laced words to turn out to be a confidence trickster.

What looks like another money-multiplying scam, a man from Ahemdabad claimed to have lost Rs 20.35 lakh he had invested in a scheme on the promise that he would be getting returns up to 15%. However, after four months of investment, the man realized that he had been duped by the fraudster (like Dr. Rajiv Pandit). A case in this connection was lodged at Ellisbridge (also the last known resident area of Dr. Rajiv Pandit, owner, country head and master mind of the fraud company MegaCare and his wife Dr. Megha Wasnik was in Ellisbridge region) police station on Tuesday.

Imtiyaz Shaikh, a resident of Rehmati Society in Behrampur area of Ahemdabad, lodged an FIR here with the Ellisbridge police. He alleged that one Gulam Ali Saiyed, a resident of Menal Society in Juhapura, duped him of Rs 20.35 lakh through a scheme in which he was promised returns of 15%. Which was not fulfilled.

Shaikh stated in the FIR filed with the Ellisbridge Police that Saiyed persuaded him hard for a couple of months to invest his money into his company, Trayo Investment, and get attractive returns upto 15%. Saiyed reportedly produced various documents before Shaikh to impress upon him the credibility of the company. The complainant said that he had invested in Saiyed's company between January and April this year.

However, according to Shaikh, he didn't receive any money from Saiyed as interest after that. He alleged that the accused was now refusing to pay even the principal money. Which indicates that it was a fraud. The complain had been lodged and investigation is on the case.

As from original source : DNA India

Saturday 13 August 2011

MegaCare India Torno Present Office Address

Many readers have recently emailed and asked us that do we have any information on the office address of MegaCare India, the famous company that had done frauds with many distributors by offering then distributorship for Torno brand Herbal mosquito coils, Torno Mosquito Vapourizers, Torno Insect Sprays. Dear Readers, we already posted that the company is a fraud and is not legitimate to conduct business with then how can you expect them to have  legit office space. That is pretty commonsense, which if applied could have saved many from such frauds.

The company owner Prof Dr Rajiv B Pandit, had committed economic crimes and frauds with many people in Uttar Pradesh, Chandigarh, Maharashtra, Gurgaon, etc. then how can they stay at one place, and the equal partner in this had been his wife Dr. Megha Wasnik alias Megha Pandit, an Occupational Therapist and Mental Rehabilitation Professional. A noble professional with a criminal mind.

All addresses that were provided by the company are fraud addresses and had been abandoned by the couple Dr. Rajiv B Pandit and his wife Megha Wasnik. When our investigation team conducted research and tried to find out more about the duo from their known people. None of the acquaintances had any clues about where the duo is. Its been found that the Office Address were all rented places and were occupied by false documents and id's.

The fraud couple and owner of Mega Care India Ahmedabad and Torno  Dr. Rajiv Pandit and Megha Wasnik are on the run. We request any reader of this blog who is being contacted by Dr. Rajiv Pandit or Megha Wasnik to immediately email us about their contact numbers and location.

Thursday 11 August 2011

MegaCare Fraud Megha Wasnik Pandit

The Female lead in our MegaCare India Torno The power of Green Fraud and Scam. We bring information on the female lead Dr. Megha Pandit alias Megha Wasnik.

She is the wife of Prof. (Dr.) Rajiv Pandit and both duo had been running away after conducting economic crimes in Indian States of Delhi, Gurgaon, Lucknow, Banaras, Aligarh, Dehradun, Meerut, Chandigarh, etc. Our second runaway accused of MegaCare India torno scam and fraud Megha Wasnik Pandit had got the Intellectual Property Rights for the brand TORNO registered on her name with the Trade Marks Journal No: 1454, 18/10/2010.

As per reports, Megha Wasnik had been associated with an international organization as rehabilitation task force member and occupational therapist with hospital for mental health,. A person with such a noble profession, Dr. Megha Wasnik had committed frauds with many individuals along with her husband Dr. Rajiv Powar Pandit, Alias Prof. (Dr.) Rajiv Pandit, Alias Rajiv Bhaskar Pandit and are currently in process of duping more people and committing more frauds. The fraud Couple of Prof. dr. Rajiv Pandit and Dr. Megha Wasnik are on the run.


Dr. Megha Wasnik had earned her education degree in Bachelors of Occupational Therapist and she also claims to be associated with the prestigious Tata Institute of Social Science

Megha Wasnik is still on the run after committing frauds on behalf for Mega Care India Torno Megha Pandit alias Megha Wasnik is not a genuine person and people should be aware of the crimes she had conducted along with her husband Dr. Rajiv Pandit. As per the investigations done by out team and related agencies, none of her acquaintances had clue, as to where the duo had runaway after conducting crimes and fraud with many people by duping them with a fraud company MegaCare India, Ahmedabad and Brand Studio Mumbai.

Rajiv Pandit MegaCare Torno Scammer

This week we bring in some more information on the Mega Care India Fraud and Scam. Torno Dr. Rajiv Pandit prime fraudster in the MegaCare Torno Scam. He Owns another company with the name of Brand Studio, based in Gujarat, Ahmedabad and Mumbai, Maharashtra.during more information search it was found that the accused scammer and fraud Dr. Rajiv Pandit, has been associated with TISS, Tata Institute of Social Sciences, as associated professor and visiting faculty.

The scamster claimed to be an Aluminus of the prestigious JBIMS, Jamnalal Bajaj Institute of Management Sciences, Mumbai, Maharashtra and the prestigious Columbia University, USA.

When contacted with the institute, the records never showed any information regarding the presence of any student with the name of Dr. Rajiv Pandit, Rajiv Bhaskar Pandit or Rajiv Pandit in their records of past 30 years. Similar investigations with TISS revealed no information as such.

Our investigations done in stages reveal that the person is absconding since July and had committed various Economic Crimes in Gurgaon, Meerut, Delhi, Aligarh, Akola, Aurangabad, Ahmedabad, etc.

When we contacted with these victims, the only background we came to know about were the unverified self narrated stories by Dr. Rajiv Pandit, Country Manager, Torno Mosquito Coils, Vaporizer and Sprays, MegaCare India. As per these narrations made to the victims by the fraud Mr. Rajiv Pandit, claimed to be associated with the launch of Manik Chand gutkha, Society Tea, Percept Motion Pictures and various other well known brands and organizations, most likely to avoid any suspicion.

The modus operandy by this person was to use the names of such leading and well known companies publish advertisements in leading and reputed newspapers and then call for interviews in top hotels with various businessmen ready to take his franchise and dealerships. A huge amount of money was taken as security and the same was said to be refundable and liable to earn interest to the regional distributors and stockists.

Till now the company and the owner Dr. Rajeev Pandit and Megha Pandit alias Dr. Megha Wasnik have failed to supply stocks to many of these Distributors and Stockiest.

Only successfully conducted business had been with his ally and business partners in Jaipur, Rajasthan, India. Where he appointed his Mother Depot and had been long associated with them in past while his stints at various companies in FMCG sector.The activities of this business partner and ally has been specious as being the only one who was not in any kind of losses incurred after the company stopped to respond to the inquiries of the other distributors and stockists.

We are sure that this personality is not a genuine person to conduct business with.

Tuesday 9 August 2011

Brand Studio Fraud Company Rajiv Pandit Megha Wasnik

As we continued with our research on the fraud company MegaCare India, Run by a fraudster Dr. Rajeev B Pandit alias Dr. Rajiv Pandit and so on. Till the confirmed reports and interviews with all the distributors, manufacturers and suppliers with whom the fraud company had signed contracts to conduct business for Torno brand Herbal mosquito coils, vaporizer and sprays has been absconding after making a heart touching story of a major heart attack.

The reports that have come till the time the blog was published it was confirmed that the company owner Dr. Rajiv Pandit had been into hiding and is traveling to unknown locations after forging false stories of his heart attack.

Certainly, its confirmed that a person who was flying high with promises of a good business opportunities suddenly got an heart attack when the distributors asked for the stocks that they had paid for or return their invested money. Proven the the owner Dr. Rajiv B Pandit and his wife Dr. Megha Wasnik alias Dr. Megha Pandit are fraud and untrustworthy individuals to conduct business with.

The fraud couple also owns a advertising and media company with the name of Brand Studio. The company registered to be present with a corporate office at :

Brand Studio Corporate Office,
DBS 213, Raheja Chambers,
Nariman Point, Mumbai - 400021
Phone No: 022-40909200

As expected the company appears to not own any physical presence at the above address, the company only owns a leased phone line that is used to only communicate brief messages to the callers. However, when the operator was asked about the owners, she had no clues as to where the duo is. It was known that both Megha wasnik and Rajiv Pandit had not visited the office from past few months.

As per the website of Brand Studio the company is headed by Dr. Rajiv Pandit. The company has no presence in any of the state authorities of Mumbai for conducting business and commercial activities in Maharashtra State.

Monday 8 August 2011

Megacare India Torno Scam

In our last post on warning our readers about the fraud by MegaCare India Torno Mosquito Coils. We told users about the initial investigation about the Company. In this post we share the information we got about the company's vital details. The Company does not have any presence at the locations mentioned by the owners of this company.

The owner Dr. Rajiv Bhaskar Pandit, or Rajiv Pandit, or Dr. Rajiv Pandit, the mastermind behind the scams had been absconding and all the telephone lines of the company officials and office have been closed.

Our investigations found out the registration details of the company in the Gujarat State Tax Department as follows.


Our sources at the state tax department reveal that the company had not filed any tax returns since its inception and registered by the State Tax Department.

However, in our preliminary investigations we found out that the company had a Mother Depot in Jaipur Rajasthan. the company had been involved with supply and distribution for all North India. It is also known that Dr. Rajiv Pandit of Megacare, shares a close relation with the owner of this Mother Depot of Jaipur Rajasthan India.

We will soon share information about this company and its details as well. Our suspected ally in this scam and fraud is known to be a big distributor of FMCG, GI Pipes, Food grains and Pulses in Rajasthan.

Thursday 4 August 2011

MegaCare Torno Mosquito Coils Fraud

This true story is about MegaCare India. The so called manufacturer of Herbal Mosquito Coils and Liquid Vaporizer was formed and establised in Ahmedabad, Gujarat. The company is registered for VAT and CST in Ahmedabad under the Gujarat State Tax Department and is licensed to trade in India for Herbal Mosquito Coils. 

The owner name for the VAT and CST numbers is RAJIV BHASKAR PANDIT, also known as Dr. Rajiv Pandit, Dr. Pandit. (our main accused for the scam for Torno and MEGACARE INDIA.)

The previous known establishment address is:

C 1 1111,PHASE 4,GIDC,NARODA,NARODA,
AHMEDABAD-382330

The company owns the registered trademark for "TORNO" The Power Of Green. Registered under the name of Megha Pandit alias Dr. Megha Wasnik. (wife of Dr. Rajiv Pandit, another suspect and the partner in crime for Dr. Rajiv Pandit, Rajiv Bhaskar Pandit or MegaCare India, Ahmadabad

As per our first investigation from the Gujarat Ahmadabad region, our sources informed that the company address in Naroda, Ahmedabad, Gujarat is not existent.

We warn our readers to be aware of this company of any kind of economic ans state tax frauds that could be committed by Dr. Rajiv Bhaskar Pandit and his wife Dr. Megha Pandit. We will put up more information on this company as and when we get closer to investigate more.

Monday 1 August 2011

Speak Asia: Who is Tarak Bajpai?

In our last post we discussed about the Arrest of Speak Asia COO. In this post we give our readers a little introduction to the life of Tarak Bajpayee, COO Speak Asia India, the company that duped people.

Till recently Tarak Bajpai was the face of Speak Asia's India operations. He mainly handled training, communication with members and hosted the retreat for Speak Asia investors in Goa this year.

The Singapore-based company Speak Asia, which is yet to be incorporated as a company in India, would be inspected under section 591 of the Companies Act, which is applicable on companies incorporated outside India and has established a place of business within the country, sources said.

The company charges a membership fee is Rs 11,000 for a year. The members are expected to conduct online surveys for clients of the firm. Members are paid for conducting the surveys. The company said that it pays Rs 500 for every survey to its member.