Monday, July 8, 2013

SARADHA SCAM !!!

An Agent of Saradha Chit Fund Company:- Look at me, Sir! At present, I am earning around 40,000 INR per month and that too in a rural village of Bengal. Even the experienced LIC agents don’t earn that much money in a month.
A reputed Headmaster of a village school of Bengal:- How are you becoming so rich?

An Agent of Saradha Chit Fund Company:- If anyone invests around 2 lakhs INR in Saradha Company for 6 months, then he will get 4 lakhs in return after 6 months. As that person has invested 2 lakhs through an agent like me, so, as an agent, I will get 30% commission on the invested value of my client. That is; I will get 60,000 INR for any investment of 2 lakhs INR. Become an agent of our Saradha Company and also invest some money in our company. Within a year or so, you will become a rich man. 

A reputed Headmaster of a village school of Bengal:- Ok! I will join Saradha Company as an agent and I will also invest some money in this Chit Fund Company.

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A Farmer:- The Headmaster of our village has invested around 4 lakhs INR in Saradha Company. Now, a headmaster is not a fool to invest such huge money in that Chit Fund Company. After all, he is a learned person. We will also withdraw major portion of our savings from several PSU Banks to invest in Saradha Company.

A Labourer:- Yeah! I will also do the same. Even, I will tell my wife to withdraw some money from their SHG Account in a PSU Bank and invest the money in Saradha Chit Fund Company.

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A retired teacher of a primary school:- I want to withdraw all my fixed deposits from this PSU Bank. Even, I will withdraw 90% of the money from my savings account. This PSU Bank is giving 9% interest on Fixed Deposits for 1 year. Look at Saradha Company, they are doubling the invested money within 6 months.

A staff of an PSU Bank:- As a primary teacher, you have no idea about Economics as well as about Indian Economy. Not a single company can give you such a high interest on Term Deposits in this scenario of global recession. Anyway, you can withdraw all your money from our Bank. 

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An MLA of a Panchayat of Rural Bengal:- Invest in Saradha Group of Companies. Saradha Company has made Bengal proud. Bengal Government will give all types of support to Saradha Company. Saradha Company has created so many employments in Bengal. If you invest in Saradha, you are not only doubling your money, but, you are also generating new employment.

Villagers of Bengal (while applauding):- Baah! Baah! This new Bengal Government is really doing wonders for us. We will invest in Saradha. 

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A top leader of a political Party in Bengal:- We need some more funds for the upcoming Panchayat Election of Bengal. Don’t forget that due to our support, your company has been able to get complete clearance from SEBI. 

A top shareholder of Saradha Group of Companies:- The cost of operation of Saradha Company has increased by so much that we are unable to siphon out money for your political party anymore. 

A top leader of a political Party in Bengal:- Accha! Ok! Now, we will see how Saradha Company exists.

A top shareholder of Saradha Group of Companies:- If your party does anything silly, then our boss will disclose everything about your party workers. It will hamper the image of your political party before the upcoming panchayat election. 

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A staff of an PSU Bank:- The retired school teacher of a primary school tried to commit suicide. Even some agents of Saradha Company has committed suicide. One agent got murdered too. Really, rural people are so greedy by nature and that greed factor has ruined their life now.

A Common Person of Bengal:- Not only Saradha; there are other Chit Fund companies too which are doing illegal business. MPS Greenery, Rose Valley, Kolkata Electricals, Tower Group, Alchemist, Sahara and Prayag are under the suspicious radar of SEBI. These Chit Fund Companies failed to get any response from urban areas or towns, but, they tapped the rural market very well, as most of the villagers are illiterate in Bengal. Chit Fund Companies are basically the Cheat Fund Companies.

An Income Tax Officer:- But, many agents of these Chit Fund Companies have earned too much money. Most of them have not kept those money in any bank account but kept it hidden somewhere. We are planning to do surprise raids at the houses of those agents of Chit Fund Companies. But, one has to accept the fact that Bengal economy got ruined again and all the other states are laughing at Bengal after seeing such an unhealthy and feeble skeleton of Bengal Economy after the famous “SARADHA SCAM”.