After freeze of Bank account of Singapore based company Speak Asia, Mumbai Police arrested Tarak Bajpai Chief Operating Officer (COO) of SpeakAsia.com around 2 Am.
Tarak Bajpai was arrested from Indore and then taken to Mumbai. He was taken in custody for questioning regarding online survey Scam. Speak Asia charges Rs 11,000 or nearly $ 244 for annual membership and promise to get back it in less than 4-5 months by doing online surveys. It is obvious that Speak Asia online surveys is a Fraud or Scam but then also millions of people have invested in this fraud from all over world.
Earlier Cid had frozen their bank account after filling FIRs and PILs regarding multi-level online surveys fraud. Bajpai said that he was arrested for a small investigation and thus members of Speak Asia has not to worry as management of the Company will support all members.
There is hold on all payment to all members till investigation gets completed. All bank account and money flow are being closely looked into.