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Discussion in 'Hangout' started by nk4FIAT, Feb 7, 2011.

  1. naveen2cool

    naveen2cool Superiore


    A little bit of google is making me smell something fishy regarding this 3 years EMI sceme like the EMU scam.

    It seems that Chevy spark was offered under similar scheme and it turned out to be a SCAM. Just google for Chevy Spark HP Scheme

    huge returns a fraud ? a cheating ? a scam ?

    This is to report of an Economic Offence incident occurred in the Malad / Kandivli / Borvili (Western suburbs) Mumbai, India.

    Founders / Directors / Owners / Promoters:
    1) Mr Sagar Sunder Basavaraj � absconded / missing, (Name changed from Raj to Sagar in 2005 similarly his 2 younger brothers too changed their name in 2005)
    2) Mrs Priya Sagar Basavaraj (Wife of Mrs Sagar S B was arrested and is now out on bail)
    Both use to reside at Gorai in Borivli West, Mumbai India

    The Incident!
    M/s Team Associate (Prop.: Mr Sagar S B) was incorporated in 2005 to provide manpower services to Companies in the BPO, Insurance and service sectors. He was involved into many other ventures, M/s Radicals � a design firm, providing accommodation to people employed by him, supplied Laptops & LCD TV's on rentals to companies by getting investments or supplies from individuals, by offering them huge returns on rent under an agreement. People invested their hard-earned money into the same, and have now learnt that those Laptops & LCD TV's were never rented, rather they were sold in the market. The investors did get their rents on time for a period, but after a certain period it stopped. He had made a forged agreement showcasing he had contracts of rentals with large company to gain & build the trust of those investors.

    Further, TEAM ASSOCIATE INDIA PVT LTD was incorporated to launch a lucrative offer under the brand name CARVERTIZE. A car showroom was inaugurated at Kandivli to sell Chevy Spark Car @ Rs 123000.00, published in leading newspapers in Mumbai, buy the Car through TAIPL on MRP and get into an advertisement space agreement, wherein the TAIPL will pay Rs 6000.00 each month towards the space utilized on the Car guaranteed for 30 months.

    A Rs 4 lac product sold within returns (benefits) worth Rs 3.60 lac over a period of 5 years, who would not get attracted to it? loads of people started buying under the offer, almost 1350 cars were sold in a span of 15 months, the space rent was paid to the car owners, some on time some delayed. Finally, when 3 months space rent was not paid to individual car owners, it started piling up, on January 4, 2011 Mr Sagar S B & his brother Mr Suraj S Basavaraj were reported missing / absconding.

    Before absconding the duo has collected a lot of money from individuals / companies & their associates, again with huge returns commitment.

    Statements have been submitted by victims at Kandivli Police
    Station. But since that day everyone associated is been questioned, but has no trace of the duo till date.

    Surprising facts;
    1. TAIPL & TEAM ASSOCIATE both are companies registered at Malad Office address, though the showroom was at Kandivli, the reports have been accepted at Kandivli Police Station.
    2. Apart from newspapers mentioning about the scam, nobody has published the pictures of the absconding duo.
    3. It has been more than 45 days but the Case towards the complaints is yet to be registered.

    While investigating on this incident, it has been understood that Mr Sagar S B had defaulted earlier and had run away twice (some cyber caf� scam) once to Bangalore and once to Australia.

    I hope that the system in place, acts early to prevent another such incidents.

    Beaware of such incidents, await your comments.

    Best regards

    Posted: 877 day(s) ago
  2. ramjn

    ramjn Staff Member Janitor

    Linea 1.3
    1 person likes this.
  3. naveen2cool

    naveen2cool Superiore

    SO, Whenever we get excited listening to an awesome deal, keep one word on your mind 'SCAM'
  4. imranshks

    imranshks Superiore

    That like was not for the comment but for the picture :-D
    1 person likes this.
  5. pradeepg245

    pradeepg245 Amatore

    Tried the above tip while coming from office and it worked great. Thank you all.
  6. Ganges

    Ganges Esperto

    Driver Seat _/
    Grande Punto 1.3
    [h=5]Google(Gmail) You have done the right thing with the appearance :up[/h]
  7. Akshay4384

    Akshay4384 Superiore

    Drove a Polo Tsi,finally we have a almost perfect hot hatch in India,though there is scope of improvement in suspension,but after market bilstein's should take care of it.And adaptability to after market Paddle shifters is a big plus :)
    @paddleshifter/Yashik,you listening?
    Last edited: Jul 20, 2013
  8. ENKI

    ENKI Esperto

    Maserati Mid-size compact Sport Saloon finally launched and is a welcome addition to the most fiercely contended segment of the world. Some of it's Competitors are Audi S6/S7, Jaguar XF, BMW 550 i, MB CLS 550...

    Refer below excerpt of AUTOBLOG.COM:

    The overall result was effortlessly blistering cornering speeds, superb balance and a fun-to-drive quotient unmatched by the Audi S6/S7, BMW 550i and Mercedes-Benz E550/CLS550.


    This is no surprise as at least i was confident of Junior Ferrari turning Germans upside down when it comes to driving aspects. The most ridiculous thing is... How come it's just 3 ltr V6 Twin Turbo with 404 bhp manages to sprint it to 100 km/hr in 4.6 secs. That's an astonishing performance for All wheel drive Ghibli which weighs 4125 pounds. The competitors use 5 Ltr plus engines with superchargers and at least 150 hp surplus power to get such 0-100 performance:-D.

    Whatever, the most likeable thing about Italians is the way they humiliate, so called Innovators of Automobile sector. If a Bugatti can extract 987 hp from 8 Ltr engine with 4 turbo chargers+superchargers+16 cylinders+64 valves+16 radiators, La Ferrari can develop 963 hp without stressing a pony engine of 6.2 Ltr that is naturally aspirated. German Fan-boys are not going to like GHIBLI, have a bet:lol!

    Some drooling time...

    2014-Maserati-Ghibli-S-Q4-luxury-sedan.jpg url.jpg 1373438938_maserati-ghibli_2014_1280x960_wallpaper_33.jpg 2014-maserati-ghibli-q4-interior-photo-521808-s-1280x782_zps447252bb.jpg 2014_Maserati_GhibliS-5-1024.jpg 2014-Maserati-Ghibli-S-Video-627x313.jpg url.jpg
    3 people like this.
  9. zenwalker

    zenwalker Esperto

    I love ghibli. Over all maserati looks superb. Shame that Transporter kinda movies dont use Maserati instead of same old BMW/Audi. Even quatroportte is also amazing.
  10. ENKI

    ENKI Esperto

    It doesn't matter how many cars feature in how many super-hit Hollywood movies, at the end of the day every Hollywood director+superstar+xyz queues up for a Ferrari. Those who can't get, go for a Maserati:evilsmile.
    Last edited: Jul 21, 2013

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