Once Again Hit by Hackers

Dear Readers,

This is to inform you that our blog is once again hit by hackers and we are in process of getting back all the posts.

We will post more about the offenders once we get back all data.

Thanks

Mild Sentence to Mining Scam Accused. This is India!!!

The bang with which the Karnataka Mining Scam came to centrestage, dethroning B S Yeddyurrapa as CM in its wake, could soon end in a whimper, if the Supreme Court's Centrally Empowered Committee's (CEC) recommendations are accepted.

The Karnataka Lokayukta had in its report noted that the miners in Karnataka earned Rs 12,228 crore between 2006 and 2010 from illegal exports of ore. Thousands of crore worth of ore was also illegally sold domestically during the same period. It had indicted several hundred officials, politicians and businessmen for their involvement in one the largest mining scams to hit the country.

However, the SC-appointed panel's recommendations could help wrong-doers lightly. It suggested that all 166 mines should be regularized, even though 162 of them were found to have operated blatantly flouting norms. A fine of around Rs 430 crore should be imposed on 72 of them. Forty nine leases (mostly small operators) should be cancelled and resold to other miners with their existing mine stocks confiscated, while 24 of mines would get away scot-free. The committee has not recommended prosecution of a single official, politician or businessman involved in the scam that turned three districts in the state - Bellary, Chitradurga and Tumkur - into a black hole of corruption.

If the SC accepts these recommendations, what was purported to be a massive organized criminal racket could now be legitimized with a relatively minor penalty.

The CBI has been asked by the apex court to investigate only a single illegal mining case in Karnataka and the state police has found it hard to take any action. Hence, the rest could get away without any criminal proceedings. The petitioners before the SC, aggrieved by the CEC report, have filed another plea demanding probe into corruption by Yeddyurrapa along with Jindal and Adani groups. But the CEC is yet to weigh on it even as the firm involved in the corruption case of the former CM has been absolved of its 'minor illegalities'.

The CEC final report notes that "massive illegal mining and transportation because possible because of the blatant connivance of officials and public functionaries." It adds, "the extend and level of rampant unauthorized unregulated, environmentally unsustainable and illegal mining its various facets and consequent massive encroachment in the forests area perhaps had no other parallel in the country."

Yet, the CEC has ignored its earlier observation that "the ill-gotten profits of the wrong doers should be disgorged at 5 times the market value" of the ore illegally extracted over years. It has instead suggested an encroached area-based formula to penalize that would add up to a total fine of a paltry Rs 430 crore. This too has been done in such a way that several big players could get away scot-free because as a percentage their encroachment seems small. Many of the small players are put into a category, and their mines should be resold to others. Consequently, some miners in the same bracket of encroachment get away with paying peanuts, while others lose their leases. There is no reference to the millions of tonnes of iron ore the companies mined over years in flagrant violation of several norms.

The CEC does put a cap on future mining in the area, and a formula to extract an extra amount from the mines that would be continued to operate through a special purpose vehicle which would be used to undertake land rehabilitation and other regulatory measures.

It's not the first time that the CEC has resorted to such a formula. There is a precedent in a mining scam in Odisha in 2010. In that case, the CEC had found that 215 out of 341 working mines - or more than 60% - in Odisha wee operating without statutory central government clearances - some of them in business for decades without even submitting a statutory mining plan to authorities. Yet, the CEC offered an amnesty scheme to all: advising that a one-time fine of about Rs 2,000 crore be collected to legitimize their operations based on a land cost formula. Again, it had not recommended anyone's prosecution, and the court had accepted the suggestions.

REF: TOI.

The Dark Horse of Scams - Rajiv and Megha Pandit

With 2011 passing and all scams done and investigated we have a duo who we can term as our dark horse of scams. They are experienced, ruthless, cunning and liars. The duo Dr. Rajiv Bhaskar Pandit and Megha Wasnik Pandit of MegaCare India, Ahmedabad have emerged as our top contenders to become the Crime Masters of India. Our Duo had comitted frauds with more than 25 people whose list we got from our supporters.

The total amount  comes out to nearly a fraud of Rs. 2.5 crores. The mastermind of the fraud Dr. Rajiv Pandit and Megha Wasnik are still on the run from the people who are made victims of fraud by them and are secretly committing frauds with more people in the Southern Part of India.

After receiving death threats from Dr. Pandit to our team via emails we put in more efforts to find out about him and his fraud wife Megha Wasnik. We got into touch with more people from all parts of India, Ranging from Madhya Pradesh, Rajasthan, Gujarat and Uttar Pradesh. With the reports that we got about Dr. Pandit and Megha Wasnik of MegaCare India we have awarded them the most prestigious award of the Dark Horse of Scams in India.

The award is for the most unnoticed scammers from India who made a mark for themselves and have now earned a repute of being the most lethal frauds of 2011.

Right to Not vote - Clause 49 (O)

There are queries coming up,on how to use the provision and what difference will it make to the election results.The Election Commission,too,will focus on the training of the presiding officers on the use of the particular clause,along with other things,during elections.

The right to reject is well within the reach of voters,provided they exercise it.Clause 49(O) of the Conduct of Election Rules,1961,gives voters the right to exercise their franchise and yet not vote,in case they do not find any of the candidates on the ballot list,suitable.The voter can take this decision at the last moment, said a senior official of the election commission.

It is well within the contours of the law to say no to vote.People can visit the polling booth,complete all the formalities and come out without casting the vote.In that case also a person will get the mark of ink on his finger, said the official,thus signifying that the person has very much used his right to vote'.
However,when asked if the EC has any figures available on the number of people,who decided against voting in the past election,the official said,there is no compilation of any such data. The information on such voters is also confidential.

The EC has roped in NGOs to increase voter awareness in the state.However,the use of provision is not without the stumbling blocks.In several previous elections,we have observed that it is the lesser knowledge of presiding officers about the clause,which makes using it a cumbersome process, said IC Dwivedi,state coordinator,Association for Democratic Reforms (ADR),UP.

Many a times,we get queries on the provision from the educated voters also,and when they are told about the process,they get discouraged,he said.However,when asked about this,the election commission officers said that all the presiding officers,before going to the polling booths,will be given a proper training.
Besides,it's the fear of one's identity being revealed that might be holding the voters back from exercising the right not to vote'.

A person dreads to be singled-out,particularly,in his locality,and might not use it.But,more awareness on it can do away with the inhibitions,feel social activists.
The no-votes do not impact the overall outcome of the election.People wishing to exercise clause 49(O) have to also declare their intention to the presiding officer of the polling station.The reason given by the voters are also monitored.

If there are more than 50% no-votes,the constituency would go for repoll.When told about this,people get slightly discouraged, said Sharma.

WAY TO A NO-VOTE

The law enables a voter to decline casting his vote at the last stage If he decides not to vote after signing the register,he must inform the presiding officer immediately Presiding officer takes back voters slip and records in register that voter has declined to exercise right Voter will have to sign on register to verify his decision.

Source : Times of India 
http://timesofindia.indiatimes.com/india/Anna-effect-UP-voters-explore-the-right-to-reject/articleshow/11370200.cms

Season's Greetings and Happy New Year

The team of India Fraud Exposed extends its readers Season's Greetings and warm wishes for a Happy New Year.

We wish that god bless our country and give strength to people to quit the route of scams, frauds and cheating to earn wealth. Lets not put effort to acquire materialistic wealth. Our energy should be focused to build the real wealth, the inner soul or the character.

We thank our readers and freelance supporters who have provided us with information and proofs to bring out the real face of the most corrupt, fraud and unreliable cheats in India.

We hope the you will keep putting our motive alive with your contributions and support.

Warm Wishes for a prosperous and Fraud free year 2012.
Team - India Fraud Exposed

List of Scams in India 1957 - 2011

In the month of October we brought to our readers a series of Scams, frauds and scandals that had been committed in India after freedom in 1947. These scams were ranged from small to large scams that were unearthed in India and the culprits were charged sheeted and brought to the court of justice for committing frauds, economic offenses, Scandals and Scams within the Geographical territory of the Republic of India. The complete month of October was dedicated towards bringing awareness with our readers.

However, those who missed to read all these blogs due to a glitch in our servers, we had to repost all the blogs we had published before the servers were hit by hackers and it was brought down temporarily. this hacking led us to move to blogger from our existing servers and also resulted in loss of some posts that were prime evidences of exposing frauds.

We hereby bring a compilation to refresh you again with a Year wise Comprehensive list of a few Scams that were detected and unearthed in India.


  2011

•     ISRO Spectrum Allocation Scam - Although the congress led government was fighting rows over the 2G spectrum scam that another spectrum scam unearthed to give the government more headache. ISRO - A department directly under the Prime Minister had allegedly allocated the spectrum illegally to benefit another firm.
•     Hasan Ali Khan scandal - Hasan Ali not only had allegations of various frauds he is probably the richest fraud and scamsters of India.
  
•     Indian Black Money in Swiss Banks -
•     BL Kashyap EPFO Scam - One of the fastest growing Construction and reality company was then cought in a scandal where it invaded the EPF scheme policies. It fraud is estimated to be nearly Rs.169 Crores.

  2010

•     2G spectrum scam and Radia Tapes Controversy - The Radia tapes controversy relates to the telephonic conversations between Nira Radia, a political lobbyist and an acquaintance of the (then) Indian telecom minister A. Raja, and with senior journalists, politicians, and corporate houses, taped by the Indian Income Tax Department in 2008-09. The tapes led to accusations of misconduct by many of these people. Nira Radia used to run a public relations firm named Vaishnavi Communications, whose clients include the Tata Teleservices and Mukesh Ambani’s Reliance Industries.
  
•     Adarsh Housing Society scam - A scam that brewed in he heart of Mumbai started as a investigation for alleged illegal construction later revealed that Adarsh Housing Society, a cooperative society in the city of Mumbai in India, was reserved for the war widows and veterans of the Kargil War was found the the flats were allotted to bureaucrats, ministers and not a single flat was issued to the war veterans, the original beneficiaries of the scheme.
  
•     Commonwealth Games Scam - What was once thought to be the shining jewel in the crown of Indian sports was then let down to be the biggest scams in India.
•     2010 housing loan scam in India - The 2010 fake housing loan in India was uncovered by the Central Bureau of Investigation (CBI) in India. CBI arrested eight top-ranking officials of public sector banks and financial institutions, including the LIC Housing Finance CEO Ramchandran Nair, in connection with the scam.
  
•     Belekeri port scam - Another illegal mining and transporting of iron ore scam that was indirectly involved and alleged for accidents on road by heavy overloaded dumpers carrying iron ore to the ports of Belikeri.
  
•     Lavasa Scandal - The township that is flouted to be the first ever planned hill city in India landed into trouble over environmental clearance row.
  
•     Uttar Pradesh Food Grain Scam - The first FIRs in the case were filed in January 2005, when the state government acknowledged the scam to be worth Rs. 45,000 crore under the Central government sponsored Antyodaya Anna Yojana (AAY). Apart 65 officials named in the FIR, further over 300 persons were suggested to involved in the preliminary reports. Apart from that a district magistrate, six ADMs and a few district food and supplies officials were suspended
•     Andhra Pradesh Industrial Infrastructure Corporation Controversy - Andhra Pradesh Industrial Infrastructure Corporation Ltd also known as APIIC is part of the Andhra Pradesh Government initiatives with the objective of providing industrial infrastructure through development of industrial areas. The scam involved he anomalies in the land and development projects with EMAAR MGF.
  
•     Indian Premier League Cricket Scandals - Multi million dollar scams alleged to be associated with the most successful cricketing tournament in the world. The IPL changed all the rules of cricket by giving the world the most liked format of cricket the 20-20.
  

  2009

•     Madhu Koda mining scam - Koda is presently in jail after multiple bail pleas have been rejected. However, only a tiny fraction of the Rs 4000 crores (USD 800 million) graft money allegedly amassed by him has been recovered.
  

  2008

•     Cash For Votes Scandal - The cash-for-votes scandal is a scandal in which the United Progressive Alliance, the majority-holding parliamentary-party alliance of India led by Sonia Gandhi, allegedly bribed Indian MPs in order to survive a confidence vote on 22 July 2008.
  
•     The Satyam Scam - The Satyam Computer Services scandal was publicly announced on 7 January 2009, when Chairman Ramalinga Raju confessed that Satyam's accounts had been falsified.
  

  2006

•     Kerala Ice Cream Parlour Sex Scandal - The Kerala ice cream parlor sex scandal is one of the long running sex scandals in Kerala state, South India where many top political icons are allegedly considered to be involved in this scandal.
•     Scorpene Deal Scam - The successor of the Naval War Room Leak Scam  in which 500 crores (about USD 100mn) were paid as bribes to parties in India for the purchase of Scorpene Submarines for the Indian Navy.
•     Navy War Room spy scandal (related to Scorpene Deal Scam) - The scandal reportedly involved documents to be leaked on a USB pen drive from the Directorate of Naval operations in New Delhi and supposedly sent to arms dealers in Europe.

  2005

•     IPO scam - The stock markets have been jolted with many stock market scams in the past. This post is a collection of all scams and help you to understand the nature and magnitude of such stock market frauds and IPO scams.
•     Oil-for-food programme scam (Natwar Singh) - The alleged international scam that involved Natwar Singh in the Iraqi Oil for Food Scam.

  2004

•     Gegong Apang PDS Scam - The scam allegedly involved fraudulent hill transport subsidy bills that were passed while Apang was the Chief Minister of Arunachal Pradesh and the scam took place during his tenure. Gegong Apang was arrested in August 2010 for alleged corruption relating to a Rs. 1000 crore public distribution system scam.

  2003

•     Taj Corridor Scandal - The Mayawati led government in Uttar Pradesh started construction of a corridor near the heritage building of the majestic Taj mahal, later the project was stalled after the issue of environmental clearance came into light. The allegations also put case of money allotted for the project to get siphoned off into the bank accounts of Mayawati and her relatives.
  
•     HUDCO scam - HUDCO sanctioned Rs 14,500 crore as loans to different infrastructure corporations during the NDA regime. It was found in investigation that bribes were paid to get the Loans sanctioned.

  2002

•     Kargil Coffin Scam - In one of the most shameless scams in India, Kargil Coffin Purchase scandal revolved around irregularities in purchase of coffins for Indian Army after the Kargil war with Pakistan.
  

  2001

•     Ketan Parekh securities scam - Ketan Parekh could be termed as another Harshad Mehta where he siphoned off crores of Rupees from banks to target small stock exchanges to commit frauds in Stocks and Securities.
•     Barak Missile Scandal - The Barak Missile Scandal is a case of alleged defense corruption relating to the purchase of Barak Missile Systems by India from Israel. The case is currently under investigation by the Central Bureau of Investigation, and several people including the Samata Party ex-treasurer R.K. Jain have been arrested. Others named in the First Information Report include politicians George Fernandes and Jaya Jaitley, and arms dealer and ex-naval officer Suresh Nanda, who is the son of retired chief of naval staff S.M. Nanda.

  1997

•     Cobbler scam - In what was meant to benefit the poor cobblers as a scheme mooted by the government of India. The scheme came as a boomeranged and hit the cobblers in Mumbai, when they were sent recovery notice for grants they were never given. 
•     Sukh Ram telecom scam - Former telecom minister Sukhram in PV Narasimha Rao's cabinet has been convicted for awarding a lucrative contract to a private telecom firm for supplying cables to the government at inflated rates after receiving a bribe of Rs 3 lakh 15 years back.
•     Hawala Scandal - The biggest ever scandal in the world which involved over 115 top politicians and bureaucrats of the country. Never before so many top politicians been caught in a single scandal. Hawala Scam was bigger than even Watergate, Iran-gate, Bofors, Harshad Mehta, Tehelka and Lockheed scams.
  

  1996

•     Bihar fodder scam - The Fodder Scam (Devanagari: चारा घोटाला, chārā ghoṭālā) was a corruption scandal that involved the embezzlement of about Rs. 950 crore (US$192.66 million) from the government treasury of the eastern Indian state of Bihar. Among those implicated in the theft and arrested were then Chief Minister of Bihar, Laloo Prasad Yadav, as well as former Chief Minister, Jagannath Mishra. The scandal led to the end of Laloo's reign as Chief Minister, accused for the fraud of Bihar Fodder Scam.

  1995

•     Purulia arms drop case -The Purulia arms drop case was an infamous incident in which took place on 17 December 1995. The scandal revolved around an unauthorized arms drop from an Antonov An-26 aircraft in Purulia district in the state of West Bengal in India.
•     SNC Lavalin scandal - The SNC Lavalin scandal is financial scam related to the contracting of the government with a Canadian company, SNC-Lavalin for the renovations of the hydro electric power stations by the Kerela State Electricity board which resulted in the alleged exchequer loss of Rs. 375 crores.
  
•     Telgi scam - The one of the most nefariously crafted Stamp Paper Scam popularly known as Telgi Scam penetrated 12 states and is estimated at a whopping Rs 20,000 crore plus.

  1992

•     Harshad Mehta securities scam - Was the prime accused who engineered the rise of the BSE in 1992 by exploiting several loopholes in the country's banking system. He along with is associates siphoned large amounts of money and bought shares to create a false boom in the Bombay Stock Exchange in 1992.
  
•     Palmolein Oil Import Scam, Kerala - The case revolved around the scam in import of palmolein oil from Malaysia by the government of Kerala, India.
  

  1989

•     Bofors Scandal - The scam related to the purchase of Artillery Guns Bofors purchase during the regime of Late Rajiv Gandhi. The ghost of this scam still haunts the Congress Party and had also been a cause of defeat in many elections.
  

  1982

•     Cement Scam involving A R Antulay - This case reminds me of our school days when we used to promise stuff to friends in lieu of something else. Similarly, Mr. A R Antulay took favours in lieu of promising Cement to Builders.
  

  1971

•     Nagarwala Scandal - A scandal one of its kind, where Nagrawala mimicked the voice of the then Prime Minister of India to cash out 60 Lakhs from State Bank of India.

  1957

•    Haridas Mundhra scandal - The first ever documented scam was recorded in 1957, the scam exposed the nexus of government and Finance Departments. The scam led to the resignation of Finance Minister T. T. Krishnamachari.

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