Friday, March 31, 2017

SHELL COMPANIES for money laundering, tax evasion, hiding kickbacks, layering PART 33 -- CAPT AJIT VADAKAYIL




THIS POST IS NOW CONTINUED FROM PART 32, BELOW--



THERE IS TOO MUCH OF INSURANCE FRAUD GOING ON.

AT SEA I WAS THE FIRST CAPTAIN TO REJECT THE “ SOMALIA PIRACY INSURANCE FRAUD “   IN WHICH ALL WERE IN CAHOOTS— THE OWNERS, THE TECH MANAGERS ,  THE MANNING AGENTS,  THE TIME CHARTERERS, THE CREW UNIONS ,  THE ITF etc .    

IF A SAILOR DIES IN SOMALIAN WATERS , HIS FAMILY GETS NOTHING  OR A RIDICULOUS PITTANCE .   

IT WAS A SHAMELESS AND ELABORATE FRAUD. 
 
NOTICING THAT I AM A HARDCORE AND EXPERIENCED CAPTAIN, THE ITF TRIED TO SMOKE THE PEACE PIPE WITH ME,  WITHOUT OTHERS KNOWING.  

THE TOP BOSSES OF THE OTHER INTERESTS WERE TRYING TO GET A ONE ON ONE WITH ME , AGAIN , ON THE QUIET—  HOPING THAT IF I BLOW THE LID OFF THE PANDORAs BOX—   I WILL HAVE SOME CONSIDERATION FOR THEM.   

IT WAS A QUESTION OF BEING DISGRACED AND SACKED FOR THEM.


 ONE DAY I WILL PUT A POST ON THIS.    I HAVE ALL MASALA READY WITH PROOFS  ..

THE PEOPLE WITHOUT HONOR AND CHARACTER , WHO CHEATED POOR SAILORS WILL HAVE NOWHERE TO HIDE.   

I WILL STRIP THEM NAKED WITH NAMES AND ADDRESSES –

YES—  THEY CAN TAKE ME TO COURT FOR DEFAMATION,

I WILL RAPE THEM IN FRONT OF THE JUDGE AND PRESS – MAKE SURE THEY GO TO JAIL FOR FRAUD    !




IN THE POST ABOVE YOU CAN SEE KHAT LEAVES

THIS WAS THE DECOCOTION GANDHI USED IN HIS ENEMAS





Networks of dishonest specialty contractors, labor brokers, facilitators, paid straw shell owners and check-cashing stores can avoid far more workers-comp premiums and taxes than the traditional premium scams. Shell schemes  spread to  states with large construction activity.

Shell schemes generally have these illicit goals:---

• Remove and hide payroll to avoid workers compensation premiums, state and federal payroll taxes, and overtime pay;
• Covertly allow cheap cash-paid labor onto work sites;
• Create a fraudulent layer of insurance coverage between the employer and injured workers; and
• Allow construction contractors and sub-contractors to under-bid honest competitors.

Construction projects are managed by owners or general contractors. Gone are the days when general contractors’ own employees built housing subdivisions, office complexes and other buildings. Specialty subcontractors now are typically hired to do work such as excavation, plumbing, electrical work, concrete work, framing and drywall.

Shell owners usually create false identities for themselves using bogus yet official-looking government identification ...Specialty subcontractors, also looking to reduce their payroll burden, hire labor brokers. They oversee a large a large, transient and uninsured work force. The brokers supply the labor for the construction work to be performed. 

The brokers are not “companies” per say. Rather, they act more like company foremen or field supervisors. They also may be someone simply with phone numbers of dozens to hundreds of workers to place on a job site while supervised by the specialty subcontractor. Labor brokers are key cogs in sophisticated shell scams.

Then there are “facilitators.” They know construction and statutory requirements for insurance coverage, and recruit someone as straw owner of the shell company where workers will be hidden. Shell owners usually create false identities for themselves using bogus yet official-looking government identification

False identities allow the shell-company owners and facilitators to simply walk away from or “burn” a shell company if an employee is injured, or if regulators or law enforcement start investigating. Investigators have nobody to contact about the activities, and subsequent worker injuries, involving the shell company. 

Even if the facilitators are identified, they can easily deflect attention to the straw shell owner as the supposed culprit, except the “owner” now is untraceable. In fact, the shell’s address usually is just a post-office box or rental apartment.

Working together, the facilitator and shell company owner create a corporation, generically named something like XYZ General Services, Inc. A vague name lets the shell work in multiple construction trades, thus increasing usability and profits. Many states also let persons easily create corporations online, without meeting or verifying identification in person. 

The shell owner has an insurance agent provide a minimal workers-compensation policy for the new shell company. The facilitator usually accompanies the “owner” to the agent meeting, and is identified as a “friend helping set up the business.” 

The shell owner usually is described as being new to construction . The facilitator thus requests and receives approval to call the agent and request insurance certificates for labor brokers.

Some insurance agents are involved in the scheme, while others are duped by the facilitator. Either way, a shell owner buys a minimal workers-comp policy, falsely describing the business as a small, two to four-person company doing work such as drywall installation, concrete, brick paving or carpentry.

The insurer sets the premium without realizing the deception. A small premium downpayment lets the facilitator embed the shell company into the scheme.

The labor brokers are complicit in the scheme. They need to prove their labor force is covered by workers-compensation in order to perform the work with the specialty contractors as if they are legitimate subcontractors.

Facilitators thus provide (rent) the name and paperwork of the new shell company for the labor broker to use. This protects them if state regulators inquire or the insurer audits the specialty contractor. Specialty contractors usually are aware of the scheme. Yet they are insulated from civil or criminal liability most of the time, unless they begin performing shell company functions such as payroll.

The small workers-compensation policy gives the labor broker the “golden ticket” for a work crew to do construction work, what appears to be a valid certificate of insurance. However, they use many more workers than were reported at the time of application. The straw shell owner likely will disappear, or maybe be hired to “own” other shells.

The shell owners collect large amounts of money  per week merely for allowing their name to be used as owner. The shell now is ready to funnel large amounts of undeclared payroll to cash-paid workers.

Shell names rented out-----The facilitators effectively rent out their shell company’s name. More important, the facilitators rent their valuable certificate of insurance to uninsured labor crews who work as if they are affiliated with the shell. In fact, they are independent and uninsured, though may believe in good faith they are covered.

General and specialty subcontractors can be directly involved. When contractors request an insurance certificate from uninsured labor brokers looking for work for their crew, they are directed to the facilitator. 

The facilitator contacts the agent, and has the insurance certificate in the name of the shell company falsely presented as the uninsured labor broker’s company. The number of employees covered under a workers-compensation policy are almost never listed on the insurance certificate, so the massive deception is not evident at this point.

State-required proof of insurance is met, minimally. The contractor contracts with the shell owner so the uninsured labor crew can go to the work site. The labor broker bills the contractor, who pays for the work from their operating account. That usually is by one check each week, payable in the name of the shell company.

The checks are taken to a local check-cashing store. A pre-arranged deal was made with the proprietor, who is complicit. All checks made payable to the shell company are cashed, no matter who presents them. 

The check-cashing store and facilitator split a 10 percent fee for each check. The balance goes to the uninsured construction crew for wages. The 10 percent cut is much cheaper than buying workers-comp coverage and paying taxes.

Because the facilitator rents the policy to numerous labor brokers who may work on many projects, the large number of insurance certificates issued by the insurance agent are lopsided compared to the small declared payroll and staff size.

Insurers and agents normally do not track insurance certificates. Thus they often discover schemes only when employees have a serious injury and a workers-compensation claim is made by an employee who was never reported to the insurer. Insurer audits occasionally uncover shell cons as well.

The facilitator instructs the shell owner to write a check from the shell company account, to be cashed at the check-cashing store. In some cases, the owners simply withdraw the cash and deliver it to the facilitator, who hands over the check casher’s cut. Electronic transfers are a relatively new payment nuance.

The shell’s bank account was created under the same false identification used to set up the shell. Currency transactions at the check-cashing store are falsified for checks of at least $10,000. The transactions also are documented to appear the shell owner made the transactions, even though the person cashing the checks represents dozens of uninsured labor brokers using the shell-company name and insurance certificate to obtain work.

The Constitution Amendment Bill to replace existing multiple indirect taxes by uniform GST across India is good for India’s economy…

Tax barriers in the form of CST, entry tax and restricted input tax credit have fragmented the Indian market.

Cascading effects of taxes on cost make indigenous manufacture less attractive. Complex multiple taxes increase cost of compliance.

The existing formations of central excise and service tax under the CBEC have been reorganised to implement and enforce the provisions of GST.

NO MORE RAGADKE KHAINI MOONH MEIN DHALL , RIGMAROLE


WE ASK MODI TO MAKE THE TAX DEPT DIGITALISED – LEAN AND MEAN— BRILLIANT DESH BHAKT PEOPLE WITH DETERMINATION— PAY THEM WELL.

GST will have favourable impact on organised logistic industry and modernised warehousing. GST will facilitate ease of doing business in India.

Integration of existing multiple taxes into single GST will significantly reduce cost of tax compliance and transaction cost.

Stable, transparent and predictable tax regime will encourage local and foreign investment in India creating significant job opportunities.

Electronic processing of tax returns, refunds and tax payments through ‘GSTNET’ without human intervention, will reduce corruption and tax evasion.

Built-in check on business transactions through seamless credit and return processing will reduce scope for black money generation leading to productive use of capital.

GST will harmonise 11 state and central levies into a national sales tax, reducing transaction costs and usher in transparency.

The tax reform will subsume central and state levies such as excise duty, additional duties of customs, service tax, value added tax, central sales tax, entry tax, octroi and luxury tax.


HULLO ARUN JAITLEY—

QUESTION—

WE KNOW LALIT MODI IS CLOSE TO A RAJASTANI WOMAN POLITICAN.

WHAT ABOUT YOU , DEAR ARUN PAAJI ?






In USA construction firms illegally hide workers in shell companies to avoid paying state-required workers-compensation coverage

Historically, dishonest contractors lowballed large amounts of their payroll, undetected. The goal was to under-report employees and salaries, and lie that employees worked safer jobs than they really did.

Fewer employees, lower payroll and safe jobs reduced workers-compensation premiums. Dishonest construction firms each can illegally shave hundreds of thousands of dollars in premiums a year. They also can save up to 35 % on contractor labor costs.

The shell-company schemes allow this deception and illicit savings on a much larger scale.  Exact fraud losses are in short supply, yet shell-related schemes likely steal billions of workers-compensation insurance dollars a year, skew honest market competition and contribute to higher workers-compensation premiums.

Shell schemes often were discovered only when employees started making claims for often-tragic work injuries such as falls from scaffolding. Hidden in shell companies, insurers had no idea of the number of employees creating potential injury exposures.

The result: Workers-compensation insurers USA collectively were liable for millions of dollars in benefits, payable to injured employees they knew nothing about until receiving claims for work injuries. 

The “chief motive in all insurance crimes is financial profit
.
 Insurance contracts provide both the insured and the insurer with opportunities for exploitation.

According to the Coalition Against Insurance Fraud, the causes vary, but are usually centered on greed, and on holes in the protections against fraud.  

The Coalition Against Insurance Fraud is a coalition of insurance organizations, consumers, government agencies and legislative bodies working to enact anti-fraud legislation, educate the public, and provide anti-fraud advice. 

They are also a resource where consumers can find scam warnings, learn where to report fraud, and how to protect themselves.

Dishonest employers fleece workers’ compensation insurers out of billions of dollars a year by hiding employees in the shadowy netherworld of America’s underground economy. Employers sequester workers in often complex networks of shell companies. 

This reduces their payroll and staff size, and hence workers’ compensation premiums. These workers are falsely called, or misclassified as off-the-books “independent contractors.” 

Up to 35 percent of employers misclassify employees.. Declared payroll should be made available to regulators. The insurance industry condones cheating when it ignores people who blatantly cheat the system. 

Defrauders  undermine honest employers who lose bids for jobs because they cannot compete with cheaters who lowball contracts by illegally lowering their workers’ compensation and tax costs. 

Honest business owners thus have a simple choice: Make sure the laws are enforced and the playing field is fair, or join the cheaters.

By hiding workers, contractors can run large construction firms but still avoid paying the full workers’ compensation premiums. This deception leaves employees at risk of being injured but without coverage. Honest businesses also lose out

   

Often, those who commit insurance fraud view it as a low-risk, lucrative enterprise. For example, drug dealers who have entered insurance fraud  think it’s safer and more profitable than working street corners. 

Compared to those for other crimes, court sentences for insurance fraud can be lenient, reducing the risk of extended punishment. Though insurers try to fight fraud, some will pay suspicious claims anyway; settling such claims is often cheaper than legal action.


Shell corporations exist in most large corporations.

The American Institute of Certified Public Accountants defines fraud as the intentional false representation of material fact or its concealment with the aim of making another party act on this information at his or her own peril. Fraud auditing is the responsibility of professionals known as auditors. 

You can seek the services of these individuals through having them as part of the staff internally at your organization or have external auditors that work on a contractual basis. At other times, the work done by internal auditors needs to be evaluated by an independent auditor in order to verify the work done internally. 

It is not every time that auditing is done to determine the existence of fraud in the records of an individual or organization. At times it is done as a common practice to ensure that your financial records are being kept in the right manner and internal controls are working.

Auditors have the professional responsibility to detect fraud in their line of work. Fraud detection helps them sharpen their skills as well as teaching them new techniques that are used in helping individuals and businesses detect financial malpractice in their ventures.

When you notice irregularities that draw your attention, you must consider the services of an auditor to determine if there is anything that requires your immediate action. Fraud auditing is able to confirm or dispel your worries through evaluation of the systems to determine irregularities.

Fraud arises in organizations generally because there are opportunities to do so or the people committing the fraud are under pressure and have a rationalization for their activities. In order to reduce the chances of fraud in your organization you need to determine the weakness in the internal controls.

Fraud auditing is a process that should be integrated into the culture of an organization so that transparency and integrity can take root. When auditing is done on a consistent basis, even those that are tempted to commit the offenses are deterred.

 Shell companies aren't just for big tax evaders anymore. They're the financial and deception vehicle of choice for some of the most corrupt, dangerous and ruthless individuals and entities in the world. Arms dealers, drug cartels, corrupt politicians, scammers, terrorists and cybercriminals are just a few of the frequent users of shells.

In April of 2014, Hewlett-Packard agreed to pay more than $100 million in criminal and regulatory penalties to the U.S. Department of Justice and Securities and Exchange Commission. 

Hewlett-Packard subsidiaries created a slush fund for bribe payments, set up an intricate web of shell companies and bank accounts to launder money, employed two sets of books to track bribe recipients, and used anonymous e-mail accounts and prepaid mobile telephones to arrange covert meetings to hand over bags of cash.


One shell company isn't enough — fraudsters need a network.   Dozens of shells, nominee directors, addresses and fake shareholders might be required to conceal a scheme or criminal plot. 

Big-time criminal conspirators will utilize shell incorporators to do the heavy lifting and help create a corporate web of disguise that can perplex and confuse the best of investigators. Shells can come in different shapes and sizes, and the jurisdiction in which they reside can help further the concealment.


In June 2012, Global Witness, an international anti-corruption organization, published a report, "Grave Secrecy," which documented the shell companies and international criminal networks in and around Russia and Kyrgyzstan that were involved in money laundering, corruption and fraud. 

In one case, the identity of a dead man from Russia was used as the front for a UK company. While this person had died three years before the company was set up, he was listed as the company's owner and he even ‘attended' a company meeting in London," stated the report.

Global Witnesses' investigation identified more than 20 companies that at first glance didn't appear connected to one another. But a detailed review of the directors, connections, and business addresses yielded a very large interconnected network that spanned several countries.

By visiting the site, it can be determined what physical structure is located at the known address and whether the address is consistent with the entity structure. Private detectives often will perform the procedure for a nominal charge, so the use of one may be useful for verifying entities that are not located in your geographic area. 

The shell’s bank account was created under the same false identification used to set up the shell.

Six suspects in USA were arrested for creating multiple shell companies to hide workers and payroll. Ringleaders provided fake business cards to work crews. They were told to present the cards to state investigators who showed up onsite to inspect for proper workers-compensation coverage.

Millions of dollars in wages can be quickly funneled through a shell company. No year-end workers-compensation premium audit will be conducted because the shell company owner will be un-traceable. Nor does the shell pay any payroll taxes. The facilitator also routinely burns the shell and forms a new one once or twice a year to throw off investigators. The shell may be burned sooner if an employee has a catastrophic injury.

Workers-compensation insurers collectively lose billions of dollars in premiums annually. Insurer searches of the Insurance Services Office claims database now are locating duplicate injury claims for the same date of loss. 

The related impact: Injured workers involved in shell schemes are suing insurers under commercial general liability policies that aren’t intended for what should be workers-compensation claims — hence, duplicate claims . The losses incurred by these schemes are tangentially imposing a cost burden on general liability insurers.

Because such large amounts of cash are involved, premium scams attract organized crime syndicates that use the same shells to launder other criminal proceeds.

Corrupt contractors with lower labor costs also can illicitly take over entire markets by lowballing competitors for contracts. Honest contractors may go out of business, lay off employees, or start cheating just to survive.7

That indignity is magnified when workers-compensation insurers pass fraud losses onto business clients in higher premiums. The upshot is a steady erosion of law-abiding contractors who pay true premiums.

Sue for workers-comp benefits--

Significant tax revenue also is denied to municipalities, states, the federal government, Social Security, Medicare and unemployment insurers.

Injured workers also get inadequate medical care. They must sue for workers-compensation benefits, and are trapped in litigation to get bills paid by workers-comp or general-liability policies. The unpaid bills and shattered lives are passed along to everyone in higher medical costs, and increased burdens on safety nets such as Social Security disability.

 State laws must keep pace with shell conspirators so crooked facilitators and contractors are held accountable; and  Insurers and agents must look tighten their application, underwriting and auditing to spot the signals of shell cons.

Corrupt construction companies know the limitations and practices of law enforcement and the insurance industrySwindlers exploit those weaknesses for large profits and hundreds of millions in premium-fraud losses to insurers.”.

Insurance fraud is any act committed with the intent to obtain a fraudulent outcome from an insurance process. This may occur when a claimant attempts to obtain some benefit or advantage to which they are not otherwise entitled, or when an insurer knowingly denies some benefit that is due. 

According to the United States Federal Bureau of Investigation the most common schemes include: Premium Diversion, Fee Churning, Asset Diversion, and Workers Compensation Fraud. The perpetrators in these schemes can be both insurance company employees and claimants. False insurance claims are insurance claims filed with the intent to defraud an insurance provider.


Another reason for fraud is over-insurance, when the amount insured is greater than the actual value of the property insured. This condition can be very difficult to avoid, especially since an insurance provider might sometimes encourage it in order to obtain greater profits.

 This allows fraudsters to make profits by destroying their property because the payment they receive from their insurers is of greater value than the property they destroy. The most common form of insurance fraud is inflating the value of the loss.

Insurance companies are also susceptible to fraud because it's possible for fraudsters to file claims for damages that never occurred. 


5% of the health care industry’s expenditures in the United States are due to fraudulent activities, amounting to a cost of about 65 billion USD

More than 15% of the total healthcare spending in the United States to fraud—about $ 140 billion annually.

All types of fraud committed in the United States insurance institutions (property-and-casualty, business liability, healthcare, social security, etc. )put the true cost at more than 42%  of the total cash flow through the system.

Insurance fraud can be classified as either hard fraud or soft fraud

Hard fraud occurs when someone deliberately plans or invents a loss, such as a collision, auto theft, or fire that is covered by their insurance policy in order to receive payment for damages. Criminal rings are sometimes involved in hard fraud schemes that can steal millions of dollars

Soft fraud, which is far more common than hard fraud, is sometimes also referred to as opportunistic fraud.   This type of fraud consists of policyholders exaggerating otherwise-legitimate claims. For example, when involved in an automotive collision an insured person might claim more damage than actually occurred. 

Soft fraud can also occur when, while obtaining a new health insurance policy, an individual misreports previous or existing conditions in order to obtain a lower premium on his or her insurance policy.

Life insurance fraud may involve faking death to claim life insurance. Fraudsters may sometimes turn up a few years after disappearing, claiming a loss of memory.

An example is former British Government minister John Stonehouse who went missing in 1974 from a beach in Miami. He was discovered living under an assumed name in Australia, extradited to Britain and jailed for seven years for fraud, theft and forgery.

Health insurance fraud is described as an intentional act of deceiving, concealing, or misrepresenting information that results in health care benefits being paid to an individual or group.

Fraud can be committed either by an insured person or by a provider. Member fraud consists of claims on behalf of ineligible members and/or dependents, alterations on enrollment forms, concealing pre-existing conditions, failure to report other coverage, prescription drug fraud, and failure to disclose claims that were a result of a work-related injury.

Provider fraud consists of claims submitted by bogus physicians, billing for services not rendered, billing for higher level of services, diagnosis or treatments that are outside the scope of practice, alterations on claims submissions, and providing services while medical licenses are either suspended or revoked. Independent medical examinations debunk false insurance claims and allow the insurance company or claimant to seek a non-partial medical view for injury-related cases.

Health insurance fraud depletes taxpayer-funded programs like Medicare, and may victimize patients in the hands of certain doctors.  Some scams involve double-billing by doctors who charge insurers for treatments that never occurred, and surgeons who perform unnecessary surgery.

One of the main reasons that medical fraud is such a prevalent practice is that nearly all of the parties involved find it favorable in some way. Many physicians see it as necessary to provide quality care for their patients. Many patients, although disapproving of the idea of fraud, are sometimes more willing to accept it when it affects their own medical care. Program administrators are often lenient on the issue of insurance fraud, as they want to maximize the services of their providers.

The most common perpetrators of healthcare insurance fraud are health care providers.There are fraudulent practices such as billing insurers for treatments that are not covered by the patient’s insurance policy. To do this, physicians often bill for a different service, which is covered by the policy, rather than that which they rendered.

 Public healthcare programs such as Medicare and Medicaid are especially conducive to fraudulent activities, as they are often run on a fee-for-service structure  . Physicians use several fraudulent techniques to achieve this end. 

These can include “up-coding” or “upgrading,” which involve billing for more expensive treatments than those actually provided; providing, and subsequently billing for, treatments that are not medically necessary; scheduling extra visits for patients; referring patients to other physicians when no further treatment is actually necessary; "phantom billing," or billing for services not rendered; and “ganging,” or billing for services to family members or other individuals who are accompanying the patient but who did not personally receive any services.

Perhaps the greatest total dollar amount of fraud is committed by the health insurance companies themselves. 

There are numerous studies and articles detailing examples of insurance companies intentionally not paying claims and deleting them from their systems, denying and cancelling coverage, and the blatant underpayment to hospitals and physicians beneath what are normal fees for care they provide. 

Although difficult to obtain the information, this fraud by insurance companies can be estimated by comparing revenues from premium payments and expenditures on health claims.

In response to the increased amount of health care fraud in the United States, Congress, through the Health Insurance Portability and Accountability Act  (HIPAA), has specifically established health care fraud as a federal criminal offense with punishment of up to ten years of prison in addition to significant financial penalties.

Fraud rings or groups may fake traffic deaths or stage collisions to make false insurance or exaggerated claims and collect insurance money. The ring may involve insurance claims adjusters and other people who create phony police reports to process claims.

One tactic fraudsters use is to drive to a busy junction or roundabout and brake sharply causing a motorist to drive into the back of them. They claim the other motorist was at fault because they were driving too fast or too close behind them, and make a false and inflated claim to the motorist's insurer for whiplash and damage which can give the fraudsters huge money

In staged collision fraud, fraudsters use a motor vehicle to stage an accident with the innocent party. Typically, the fraudsters' vehicle carries four or five passengers. Its driver makes an unexpected manoeuvre, forcing an innocent party to collide with the fraudster's vehicle. 

Each of the fraudsters then files claims for injuries sustained in the vehicle. A “recruited” doctor diagnoses whiplash or other soft-tissue injuries which are hard to dispute later.

 Two-way insurance coverage is very expensive and almost completely unavailable for OLD vehicles --the drivers can only obtain basic liability.

A real accident may occur, but the dishonest owner may take the opportunity to incorporate a whole range of previous minor damage to the vehicle into the garage bill associated with the real accident. Personal injuries may also be exaggerated, particularly whiplash spine injuries

 Insurance fraud cases of exaggerated claims can also include claiming damage to the car that never occurred as a result of an accident that damaged a different part of the vehicle.

Examples of soft auto-insurance fraud can include filing more than one claim for a single injury, filing claims for injuries not related to an automobile accident, misreporting wage losses due to injuries, or reporting higher costs for car repairs than those that were actually paid. 

Hard auto-insurance fraud can include activities such as staging automobile collisions, filing claims when the claimant was not actually involved in the accident, submitting claims for medical treatments that were not received, or inventing injuries. Hard fraud can also occur when claimants falsely report their vehicle as stolen. Soft fraud accounts for the majority of fraudulent auto-insurance claims.

Another example is that a person may illegally register their car to a location that would net them cheaper insurance rates than where they actually live, sometimes called "rate evasion". Another form of automobile insurance fraud, known as "fronting," involves registering someone other than the real primary driver of a car as the primary driver of the car. For example, parents might list themselves as the primary driver of their children's vehicles to avoid young driver premiums.

"Crash for cash" scams may involve random unaware strangers, set to appear as the perpetrators of the orchestrated crashes.   Such techniques are the classic rear-end shunt (the driver in front suddenly slams on the brakes, possibly with brake lights disabled), the decoy rear-end shunt (when following one car, another one pulls in front of it, causing it to brake sharply, then the first car drives off) or the helpful wave shunt (the driver is waved into a line of queuing traffic by the scammer who promptly crashes, then denies waving).

, there is an increasing incidence of false whiplash claims to car insurance companies from motorists involved in minor car accidents  . Because the mechanism of injury is not fully understood, A&E doctors have to rely on a patient's external symptoms (which are easy to fake). Resultingly, "no win no fee" personal injury solicitors exploit this "loophole" for easy compensation money Property insurance

Possible motivations for this can include obtaining payment that is worth more than the value of the property destroyed, or to destroy and subsequently receive payment for goods that could not otherwise be sold., the majority of property insurance crimes involve arson. One reason for this is that any evidence that a fire was started by arson is often destroyed by the fire itself. Council compensation claims

The fraud involving claims from the councils' insurers suppose staging damages blamable on the local authorities (mostly falls and trips on council owned land) or inflating the value of existing damages.

Detecting insurance fraud--
The detection of insurance fraud generally occurs in two steps. The first step is to identify suspicious claims that have a higher possibility of being fraudulent. This can be done by computerized statistical analysis or by referrals from claims adjusters or insurance agents. 

Additionally, the public can provide tips to insurance companies, law enforcement and other organizations regarding suspected, observed, or admitted insurance fraud perpetrated by other individuals. Regardless of the source, the next step is to refer these claims to investigators for further analysis.

Due to the sheer number of claims submitted each day, it would be far too expensive for insurance companies to have employees check each claim for symptoms of fraud.   Instead, many companies use computers and statistical analysis to identify suspicious claims for further investigation.   

There are two main types of statistical analysis tools used: supervised and unsupervised.   In both cases, suspicious claims are identified by comparing data about the claim to expected values. The main difference between the two methods is how the expected values are derived.

In a supervised method, expected values are obtained by analyzing records of both fraudulent and non-fraudulent claims

Unsupervised methods of statistical detection, involve detecting claims that are abnormal.  Both claims adjusters and computers can also be trained to identify “red flags,” or symptoms that in the past have often been associated with fraudulent claims. Statistical detection does not prove that claims are fraudulent; it merely identifies suspicious claims that need to be investigated further.

Investigators say it worked like this: Zuniga paid a North Lauderdale man to create and insure a fake or "shell" company, Behar Services Incorporated, that "rented" out insurance certificates — required by the state for construction workers — to uninsured subcontractors.

The subcontractors were then hired for construction jobs across South Florida. When the jobs were finished, payments to the uninsured subcontractors were made through checks to the fake company, which were then cashed at check cashing stores.

Mortgage Fraud is defined as a material misstatement, misrepresentation, or omission of information relied upon by an underwriter or lender to fund, purchase, or insure a loan.



Mortgage fraud can be classified into two general categories: fraud for housing and fraud for profit.

Market participants are perpetrating mortgage fraud by modifying old schemes, such as property flip, builder-bailout, and short sale fraud, as well as employing newer schemes, such as buy and bail, reverse mortgage fraud, loan modification and refinance fraud, and mortgage servicing fraud.

A fraudulent property flip is a scheme in which individuals, businesses, and/or straw borrowers, buy and sell properties among themselves to artificially inflate the value of the property.

Reverse Mortgage Fraud involves a scheme using a reverse mortgage loan to defraud a financial
institution by stripping legitimate or fictitious equity from the collateral property..

Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of securities laws. Offers of risky investment opportunities to unsophisticated investors who are unable to evaluate risk adequately and cannot afford loss of capital is a central problem.

Securities fraud can also include outright theft from investors (embezzlement by stockbrokers), stock manipulation, misstatements on a public company's financial reports, and lying to corporate auditors. The term encompasses a wide range of other actions, including insider trading, front running and other illegal acts on the trading floor of a stock or commodity exchange.




Dummy corporations may be created by fraudsters to create the illusion of being an existing corporation with a similar name. Fraudsters then sell securities in the dummy corporation by misleading the investor into thinking that they are buying shares in the real corporation.

According to enforcement officials of the Securities and Exchange Commission, criminals engage in pump-and-dump schemes, in which false and/or fraudulent information is disseminated in chat rooms, forums, internet boards and via email (spamming), with the purpose of causing a dramatic price increase in thinly traded stocks or stocks of shell companies (the "pump").

When the price reaches a certain level, criminals immediately sell off their holdings of those stocks (the "dump"), realizing substantial profits before the stock price falls back to its usual low level. Any buyers of the stock who are unaware of the fraud become victims once the price falls.

Phishing is the attempt to obtain sensitive information such as usernames, passwords, and credit card details (and, indirectly, money), often for malicious reasons, by disguising as a trustworthy entity in an electronic communication.


In illegal insider trading, an insider or a related party trades based on material non-public information obtained during the performance of the insider's duties at the corporation, or otherwise misappropriated  . 

Abusive short selling, including certain types of naked short selling, are also considered securities fraud because they can drive down stock prices. In abusive naked short selling, stock is sold without being borrowed and without any intent to borrow.  The practice of spreading false information about stocks, to drive down their prices, is called "short and distort."
The trading volume in the securities and commodities markets, having grown dramatically and has led to an increase in fraud and misconduct by investors, executives, shareholders, and other market participants.

White collar criminals are expanding the scope of their fraud and are looking for new markets, new investors, and banking secrecy havens to hide unjust enrichment.

Same financial markets provide the opportunity for wealth to be obtained and the opportunity for white collar criminals to take advantage of unwary investors.

Recovery of assets from the proceeds of securities fraud is a resource intensive and expensive undertaking because of the cleverness of fraudsters in concealment of assets and money laundering, as well as the tendency of many criminals to be profligate spenders. A victim of securities fraud is usually fortunate to recover any money from the defrauder.

Sometimes the losses caused by securities fraud are difficult to quantify. For example, insider trading is believed to raise the cost of capital for securities issuers, thus decreasing overall economic growth.

Potential perpetrators of securities fraud within a publicly traded firm include any dishonest official within the company who has access to the payroll or financial reports that can be manipulated to:---

overstate assets
overstate revenues
understate costs
understate liabilities
understate pennystock

Enron Corporation  exemplifies all four tendencies, and its failure demonstrates the extreme dangers of a culture of corruption within a publicly traded corporation.

Even if the effect of securities fraud is not enough to cause bankruptcy, a lesser level can wipe out holders of common stock because of the leverage of value of shares upon the difference between assets and liabilities.





MODI LISTEN UP

IN THE NEW IT FORM --

HAVE A SECTION FOR SHELL COMPANIES

ASK EVERY BODY TO DECLARE !


MISDECLARATION MUST ENTAIL 5 YEARS JAIL TIME.
PUT THIS IN THE WEBSITE OF PM MODI

ASK FOR AN ACK

capt ajit vadakayil
..


DELHI CM ARVIND KEJRIWALs GOVT MUST BE DISMISSED 



HE HAS BROKEN HIS OATH AS CM
THIS DANGEROUS MAN KEJRIWAL HAS USED A "FEEDBACK UNIT "-- A CLANDESTINE UNIT .

IS THIS FOR BLACKMAIL ?

PUT THIS COMMENT IN PM MODIs , LAW MINISTERS AND RAJNATH SINGHs WEBSITES 

ASK FOR AN ACK

capt ajit vadaayil
..


all-

I AM ABANDONING THIS SHELL SERIES AT PART 33 , MIDWAY --

CANT SUFFER THIS ORDEAL ANYMORE.

I COULD HAVE TAKEN THIS SHELL SERIES TO PART 108.    I AM JUST A RETIRED SHIP CAPTAIN

ABANDON SHIP

ABANDON SHIP

ABANDON SHIP


http://ajitvadakayil.blogspot.in/2011/09/abandon-ship-on-chemical-tankers-capt.html

THREE OF MY POSTS ARE INCOMPLETE

BLIND JUSTICE --PART 12

http://ajitvadakayil.blogspot.com/2017/02/justice-cannot-be-blind-natural-justice.html


NLP PART 4 --

http://ajitvadakayil.blogspot.in/2017/01/ethical-nlp-neuro-linguistic_7.html

SANATANA DHARMA PART 71--

http://ajitvadakayil.blogspot.in/2016/11/sanatana-dharma-hinduism-exhumed-and_29.html

capt ajit vadakayil
..

I AM WATCHING NEWS X TV

LT GEN RAKESH SHARMA IS TALKING TO A MEDIA MAN --WHY ?

THE BENAMI MEDIA HAS WRANGLED A CONCESSION THAT ARMY WILL ABOLISH THE SAHAYAK ( BUDDY SYSTEM ) AND THEY WILL BE REPLACED BY CIVILIANS –ABOUT 30,000 OF THEM-- WHY ?

WHY THE FUCK IS THIS BEING DISCUSSED BY A MEDIA WHORE AND A IMMATURE LT GENERAL IN UNIFORM? 


DON’T WE HAVE A FUCKIN’ DEFENCE MINISTER ?

NO— WE THE PEOPLE DO NOT AGREE WITH CIVILIANS TAGGING ON TO SENIOR ARMY OFFICERS – IN DUE COURSE ALMOST ALL OF THEM WILL BE FOREIGN PAYROLL SPIES

NARENDRA DAMODARDAS MODI— YOU PATHETIC GUJARATI FELLOW ---- YOU HAVE TAKEN A MERE LAWYER ----AS DEFENSE MINISTER AND FINANCE MINISTER TWO IN ONE 

WE WATCH !

PUT THIS COMMENT IN PM MODIs WEBSITE.. ASK FOR AN ACK

Capt ajit vadakayil
..

WARNING

IMPORTANT

##########

WE THE PEOPLE OF INDIA DEMAND FROM PM MODI THIS

CONTROL THE INDIAN MAIN STREAM MEDIA


ALMOST ALL OUR MEDIA IS BENAMI-- THE REAL OWNER IS A WHITE JEW --THE INDIAN OWNERS ARE MERE FRONTS
INDIA CANNOT BECOME A SUPERPOWER IN 16 YEARS IF THE MAIN STREAM MEDIA RUNS AMOK

ENTIRE DAY THE TV STATIONS RUN FOOTERS WITH QUESTION MARKS --HAVE YOU SEEN ANY OTHER WORLD MEDIA DOING THIS ?

WHY IS MEDIA SPECULATING ?

80 PRETEEN GIRLS VAGINAS INSPECTED BY HOSTEL WARDEN ????????????? --

IS THIS NEWS ?

HOUR AFTER HOUR THE MEDIA IS COMPETING WITH EACH OTHER TO DRIVE WEDGES AND FISSURES IN THE SOCIETY --MEDIA NOW DIVIDES AND RULES ..

MEDIA BARONS RUN THEIR OWN NGOs TO "CREATE " FAKE NEWS..

THIS IS BY NO MEANS FREEDOM OF THE PRESS... READ THIS LINE A ZILLION TIMES.


THIS IS BLEEDING BHARATMATA ENDLESSLY ... ROTHSCHILD MEDIA IN USA HAS LESSER VENOM



WHEN WE ONLY HAD DOORDARSHAN TV -- THIS WATAN HAD PEACE 
WE THE PEOPLE DEMAND THIS

MODI MUST CALL I&B MINISTER VENKAIH NAIDU TODAY--AND GIVE HIM A PEP TALK..

ASK THIS KAMMA FELLOW IN WHITE DHOTI TO DO HIS JOB --IF HE CANT SACK HIM..

SPELL OUT THE I&B MINISTERs JOB

HE MUST CALL MEDIA BARONS AND WARN THEM OF SEVERE FINES AND INCARCERATION IF THEY CONTINUE TELLING ENDLESS LIES TO DRIVE FISSURES IN THE FABRIC OF INDIAN SOCIETY..

IF AN 80 YEAR OLD WOMAN IS RUN OVER BY A TRUCK IN THE MIDDLE OF THE BUSY ROAD--THE ENTIRE MEDIA REPORTS IT AS " OLD WOMAN RAPED AND THEN KILLED IN BROAD DAYLIGHT "

WHEN THEY ARE PROVED WRONG--THEY DO NOT APOLOGIZE ..

YESTERDAY THE MEDIA WAS GOING ON AND ON ABOUT 80 PRETEEN GIRLS ( LATER IT BECAME 70 ) WERE MADE NUDE BY THE FEMALE WARDEN AND THEIR VAGINAS INSPECTED FOR MENSTRUAL BLOOD

WILL ANYBODY BELIEVE THIS ? -- WELL THIS IS WHAT THE WHITE MAN WANTS TO HEAR.. THEY SAY HEATHEN INDIA IS NOT FIT TO BE IN UNSC ....

THAT INDIA IS A PLACE FULL OF UNCIVILIZED SAVAGES

MODI--YOU MUST MAKE AMENDS TODAY.

WE THE PEOPLE WILL NOW START TIGHTENING THE LEASH ON YOUR NOSTRILS --AND GET YOU ONE ONE SINGLE TOE --

PM MODI--WE NOW FEEL YOU ARE PART OF THIS -- WE DONT WANT YOUR VIKAAS--FIRST GIVE US PEACE ...

APCO MODI -- WHAT IS YOUR AGENDA ?-- WE WILL FIND OUT! AND THIS WONT HELP YOU.

PUT THIS COMMENT IN PMO, PM WEBSITE, RAJNATH SINGHs, LAW MINISTERs WEBSITES --ASK FOR AN ACK

capt ajit vadakayil
..

http://www.bbc.com/news/world-asia-india-39452245

MODI MUST TAKE ACTION

INDIAN MEDIA IS THE WORST ON THE PLANET


THE SCUM OF SOCIETY BECOME JOURNALISTS 


http://trollindianpolitics.com/2017/01/indian-media-2nd-untrusted-institution-reports-world-economic-forum/

capt ajit vadakayil
..


DO WE HAVE A SYSTEM IN INDIA?

WHO HAS ALLOWED PRIVATE AIRLINES TO CREATE NO FLY LIST ?

MOST OF THESE PRIVATE AIRLINES ARE OWNED BY WHITE JEWS--THE INDIAN OWNER IS BENAMI

NOW EVEN FOREIGN BANKS DICTATE TERMS TO INDIA

ARE WE A SOVEREIGN NATION?
PM MODI -WHAT TYPE OF PM ARE YOU? 






HEY NIRA RADIA---

BABY,  WHY DID YOU CHANGE YOU NAME TO  N II R A -- WITH AN EXTRA " I"

BATAOO NAH ?

IT WONT HELP YOU --AS MODERN FINANCIAL FRAUD COMPUTERS CAN WEED THIS CHICANERY OUT 




WE KNOW SEVERAL NAME CHANGERS --SHOBHA TO SHOBHAA  TYPES








WE THE PEOPLE KNOW ABOUT IPL CRICKET TEAMS , THE BENAMI OWNERS , THE SHELL COMPANIES AND OFFSHORE BANKS 

IS FINANCE MINISTER AND EX-BCCI MAN ARUN JAITLEY FEIGNING IGNORANCE ?
ASK LALIT MODI TO BE A WHISTLE BLOWER -- THE REWARD MUST BE FREEDOM FROM PROSECUTION

WATCH HOW LALIT MODI TURNS INTO A CANARY

HE WILL SCREW ARUN JAITLEY

PM MODI--YOU WILL BE LEFT WITHOUT YOUR 2 IN 1 MINISTER ,  AT A TIME WHEN YOU ARE QUIETLY BUYING ISRAELI ARMS

HIMMAT HAI?


PUT THIS COMMENT IN PM MODIs, HOME MINISTERs , LAW MINISTERs AND ATTORNEY GENERALs WEBSITES 

ASK FOR AN ACK







Hari Om Ajit'ji

One more wicket down

http://www.thehindu.com/news/cities/Delhi/unitech-mds-arrested-for-cheating-breach-of-trust/article17759727.ece

Hari Om



  1. PM MODI-- CATCH BIG FISH --IF YOU HAVE THE BALLS 

    WE ALL KNOW WHO THEY ARE .

    WANNA DEFINE ONE BIG FISH ?

    EVER HEARD OF BCCI / ICC PRESIDENT-- WHO HEADS A POLITICAL PARTY ---WHO RUNS A BENAMI SHIPPING COMPANY IN HIS WIFEs NAME--- WHO WAS AGRICULTURE MINISTER FOR MORE THAN A DECADE--WHO WAS THE FIRST ACCUSED BY KARIM TELGI IN HIS NARCO SERUM TEST ?--WHO WAS SLAPPED BY A SARDARJEE ?

    CATCHING VERY SMALL FISH-- AND GOING THROUGH THE MOTIONS TO PULL WOOL OVER OUR EYES ?

    WE WATCH !

    HUM KO CHOOTIYA MATH BANAO !
http://www.asianage.com/india/all-india/020417/nationwide-raids-on-shell-firms.html

CHAGGAN BHUJBAL WAS NAMED BY KARIM TELGI DURING THE NARCO TEST--SECOND NAME

MONEY WAS NOT MADE BY SELLING STAMP PAPER--THAT IS SECONDARY


PRIMARILY THE FAKE STAMP PAPER WAS USED TO REGISTER BENAMI PROPERTY --THIS IS THE GRAND DADDY OF ALL SCAMS 
THORIUM SCAM IS THE MOTHER OF ALL SCAMS-- TAMIL NADU FISHERMEN CONVERTED TO CHRISTIANITY AND USING THEM TO STEAL THORIUM.

http://ajitvadakayil.blogspot.in/2014/12/telgi-stamp-paper-scam-must-be-exhumed.html


READ ALL 8 PARTS OF COMMIE LAND GRAB

http://ajitvadakayil.blogspot.in/2016/08/communist-maoist-naxalite-movements-in.html


THE INDIAN TV WHO GOES TO TOWN FOR EVERY SMALL SHIT

WHY ARE THEY NOT SHOWING PRASHANT BHUSHAN DENIGRATING KRISHNA

OUR MEDIA IS ANTI-HINDU AND ANTI-WATAN
ALL THE MAJOR BENAMI MEDIA BARONS OPERATE SHELL COMPANIES.

MODI GOVT MUST SEND THEM TO JAIL

PUT THIS COMMENT IN PM MODIs , LAW MINISTERs AND RAJNATH SIGHs WEBSITE--ASK FOR AN ACK

capt ajit vadakayil
..



http://indiatoday.intoday.in/story/enforcement-directorate-chattisgarh-chief-secetary-shell-companies/1/919959.html

WHY ONLY SMALL FISH?

WHAT ABOUT BIG FISH ?



http://www.ndtv.com/india-news/two-persons-arrested-from-bengaluru-chennai-in-shell-companies-crackdown-1677225

WHAT ABOUT BIG FISH WHO HAVE THOUSANDS OF CRORES IN KICKBACKS ?

http://economictimes.indiatimes.com/industry/banking/finance/banking/icici-bank-sbi-stanchart-top-bank-frauds-list-rbi/articleshow/57604612.cms

WHY ARE BANK OFFICERS NOT IN JAIL ?


http://www.internationaltaxreview.com/Article/3707644/India-uncovers-thousands-of-shell-companies-and-2-billion-in-fake-transactions.html

THOUSANDS ?

BASSSSSS ?

HEY MODI/ JAITLEY

EITHER YOU DO A PROPER JOB--OR STOP HIS BULLSHIT ...

YOU DELIBERATELY KEEP AWAY FROM BIG FISH AND PART GOVT POLITICIANS OF THE ITALIAN WAITRESS

BEFORE THESE CONGRESS POLITICIANS CAME TO POWER --THEY WERE PAUPERS , RIDING SCOOTERS --

--WITH A BROWN PATCH IN THE BALLS AREA OF THEIR WHITE PYJAMAS ( SCRATCHING )


http://timesofindia.indiatimes.com/india/shell-firms-case-cbi-books-12-people-searches-16-places-in-ahmedabad/articleshow/58067669.cms

PATHETIC -

ALL SMALL FISH

HEY MODI / JAITLEY

DO YOU WANT ME TO GIVE YOU A LIST OF 100 BIG FISH ?

CHOOTIYA MATH BANAO INDIAN PUBLIC KOH !

WE WATCH ..

http://www.dnaindia.com/money/report-shell-companies-case-cbi-books-axis-bank-officials-for-rs-10057-crore-deposits-post-demonetization-2386714

WE WANT LONG TERM JAIL FOR BANKERS


http://www.newindianexpress.com/business/2017/apr/08/1000-shell-companies-evaded-rs-137-lakh-crore-tax-says-government-1591216.html

1000

BASSSSS ?


MODI IS CATCHING ONLY SMALL FISH

WE KNOW WHY !

HUMKO CHOOTIYA MATH BANAO

WE WATCH !



http://www.khabare.com/politics/ncp-leader-chhagan-bhujbal-under-the-lens-was-using-shell-companies-to-launder-money

SMALL FISH !


http://totalnewsexpress.in/news/national/cbi-registers-preliminary-enquiry-against-satyendar-jain-money-laundering-case

SMALL FISH !


http://www.nyoooz.com/news/kolkata/783134/12000-shell-companies-in-state-put-on-notice

JUST GOING THROUGH THE MOTIONS

TICKLING SMALL FISH

BIG FISH DARES MODI TO DO HIS WORST

PATHETIC

WE WATCH




THE MAN NAMED FIRST BY ABDUL KARIM TELGI DURING VIDEO RECORDED NARCO TEST HAS BEEN GIVEN IMMUNITY BY APCO MODI--BY GIVING HIM INDIAs SECOND HIGHEST AWARD

MODI THINKS WE INDIANS ARE FOOLS

http://ajitvadakayil.blogspot.in/2017/03/shell-companies-for-money-laundering_31.html

WE WATCH !

http://ajitvadakayil.blogspot.in/2014/12/telgi-stamp-paper-scam-must-be-exhumed.html


capt ajit vadakayil
..

http://timesofindia.indiatimes.com/india/mayawatis-brother-anand-is-now-bsp-vice-president/articleshow/58178820.cms

MAYAWATIs BROTHER OPERATES HUNDREDS OF SHELL COMPANIES...

http://www.financialexpress.com/india-news/tax-heat-on-mayawati-brother-anand-kumars-rs-1300-crore-wealth-under-it-scanner/502018/

http://english.sakshi.com/national-politics/2017/01/09/mayawatis-brothers-assets-grew-by-18000-times-in-just-7-years


I HAVE SEEN YOUNG MAYAWATIs PICTURES SHOWN TO ME BY A UP OFFICER IN TORN HAWAI CHAPPALS AND A CHEAP SAREE 
MODI IS GOING AFTER ONLY SMALL FISH
WHO KNOWS --MAYAWATI WILL SOON GET PADMA VIBHUSHAN LIKE SHARAD PAWAR

capt ajit vadakayil
..




TILL NOW MODI GOVT HAS BEEN UNABLE TO FIND OUT THE SHELL COMPANIES OPERATED BY MANNARGUDI MAFIA AND MARATHA MANOOS POLITICAL PARTIES.





WE KNOW WHY !!


http://timesofindia.indiatimes.com/india/ed-notice-to-chidambarams-son-over-rs-23cr-deal/articleshow/58231480.cms

FINALLY BIG FISH

THIS IS JUST THE TIP OF THE ICEBERG !



http://zeenews.india.com/blog/cheat-fund-the-inside-story-of-sudipto-sen-and-saradha-group_6281.html

SUDIPTO SEN'S REAL NAME WAS SANKARADITYA SEN -- A NAXALITE .

HE GENERATED FUNDS FOR NAXALITES AND WAS A LAND GRABBER

HE OPERATED HUNDREDS OF SHELL COMPANIES TO RUN HIS CRIMINAL PONZI EMPIRE

None of Saradha group entities were registered as 'chit funds'... Saradha was found to be paying returns to older investors from money collected from newer subscribers to its 'bonds and policies'.

Like all Ponzi schemes, Saradha Group promised astronomical returns in fanciful but credible investments.

Its funds were sold on commission by agents recruited from local rural communities. Between 35 and 40% of the deposit was returned to these agents as commissions and lucrative gifts to quickly build up a wide agent pyramid.

he group used a nexus of companies to launder money and evade regulators- some of whom were in cahoots.

When under the radar-- Saradha Group reacted by changing its methods of raising capital. In West Bengal, Jharkhand, Assam and Chhattisgarh, it began operating variations of collective investment schemes (CIS) involving tourism packages, forward travel and hotel booking timeshare credit transfer, real estate, infrastructure finance etc

Paperwork was created to show the funds collected as having been put together for sale / transfer of land / flats / apartments or tour packages, whereas the intention was always to refund the collected amount with interest on maturity only to some of the depositors and never to refund to the vast majority in the absence of any credible mode of generating a surplus - the characteristics of a pyramid scheme.

With enormous funds at its disposal, Saradha invested in high visibility sectors, such as the Bengali film industry, where it recruited actress and Trinamool Congress (TMC) Member of Parliament (MP) Satabdi Roy as its brand ambassador. Bollywood actor and TMC MP Mithun Chakraborty was brought in as the brand ambassador of Saradha Group's media platform.

Saradha Group also enlisted Kunal Ghosh, another TMC MP, as the CEO of the media group. Under Kunal Ghosh, the group acquired and established local television channels and newspapers, investing around US$150 million in the media group.

By 2013, it employed over 1,500 journalists and owned eight newspapers printed in five languages: Seven Sisters Post and Bengal Post (English dailies), Sakalbela and Kalom (Bengali dailies), Prabhat Varta (Hindi daily), Ajir Dainik Baturi (Assamese daily), Azad Hind[61] (Urdu daily) and Parama (Bengali weekly magazine).

It also owned Bengali news channels Tara Newz and Channel 10, Bengali general entertainment channels Tara Muzic and Tara Bangla, Punjabi general entertainment channel Tara Punjabi, an international channel aimed at the Indian diaspora, TV South East Asia and one FM radio station.

Author Aparna Sen was made the editor of Parama.

In 2011, Saradha Group bought Global Automobiles, a heavily indebted motorcycle company as a front for the latest version of its Ponzi scheme. Global Automobiles immediately stopped most production but kept 150 workers on its payroll who "pretended to work whenever truckloads and busloads of prospective depositors of Saradha Realty visited the plant for a first-hand check before investing

As part of its corporate social responsibility program, Saradha Group donated motorcycles to the Kolkata Police.

CONTINUE TO 2




  1. CONTINUED FROM 1-

    In 2011, it persuaded Mamata Banerjee, the Chief Minister of West Bengal, to use its ambulances and motorcycles . To further etch itself in the socio-cultural milieu of Bengal, Saradha Group invested in football rivals and the best-known football clubs in Bengal: Mohun Bagan A.C. and East Bengal F.C. 

    The group also sponsored various Durga Puja celebrations organised by local political leaders.

    CPM accused TMC of associating with the 'chit fund', TMC alleged that Union Minister of Finance's wife Nalini Chidambaram had taken lawyers' fees from Saradha Group to incorporate its companies and should be investigated
    Mamata Bannerjee's SHIT PAINTINGS were allegedly bought for CRORES by the Saradha Group.

    WE WATCH !

    capt ajit vadakayil
    ..
IPL IS JUST A VENUE FOR BIG FISH TO LAUNDER THEIR ILL EARNED MONEY .

WHY HAS THE IPL BIG FISH BETTING MAFIA NEVER BEEN UNCOVERED ?

BECAUSE PEOPLE WHO ARE EMPLOYED TO INVESTIGATE, ARE ALSO IN LEAGUE

http://www.hindustantimes.com/india-news/ipl-betting-scam-cbi-arrests-former-ed-joint-director-jp-singh-for-bribery/story-tEqbqt04rkxgA3ePVhbhXM.html

THEY HAVE TRIED TO SAVE BIG FISH BY ARRESTING AND BLACK BAGGING ( LIKE TERRORISTS ) PLAYERS LIKE S SREESHANT

http://ajitvadakayil.blogspot.in/2013/06/travesty-of-justice-sreesanth-and.html

WE ASK SREESHANT TO SUE BCCI AND IPL.

ASK LALIT MODI TO BLOW THE WHISTLE --ALL BIG FISH CAN BE JAILED.

http://timesofindia.indiatimes.com/india/4-lakh-companies-face-deregistration-for-not-filing-i-t-returns/articleshow/58232239.cms

BETTER LATE THAN NEVER

WHY IS BIG FISH FEELING SAFE ?

WE KNOW WHY !

http://economictimes.indiatimes.com/news/politics-and-nation/i-t-detects-over-rs-540-crore-black-money-in-last-fortnight/articleshow/58246031.cms

ALL SMALL FISH

http://www.newindianexpress.com/nation/2017/apr/22/fresh-sushil-salvo-lalu-family-has-rs-115-crore-benami-property-1596590--1.html

CONGRATULATIONS

BIG FISH IN NET !


THIS IS JUST THE TIP OF THE ICEBERG



http://www.financialexpress.com/india-news/i-t-dept-unearths-rs-110-cr-black-money-2-cas-under-scanner/645229/

SMALL FISH



http://timesofindia.indiatimes.com/business/india-business/8-9-lakh-registered-cos-not-filing-returns-revenue-secretary-hasmukh-adhia-says/articleshow/58429056.cms

THERE ARE MORE THAN 200 BIG FISH IN INDIA.

NOT A SINGLE ONE HAS BEEN NABBED.


WHY IS THE INDIAN GOVT SILENT ABOUT THE CULPRITS IN PANAMA PAPERS ?

WE KNOW WHY !


http://indianexpress.com/article/india/india-news-india/panama-papers-list-amitabh-bachchan-kp-singh-aishwarya-rai-iqbal-mirchi-adani-brother/

http://indianexpress.com/article/india/india-news-india/panama-papers-black-money-tax-evasion-indians-in-the-list-4375963/































  • http://www.pressreader.com/india/hindustan-times-jalandhar/20170430/281513636051192

    BIG FISH ARE NOT AFRAID --THEY WILL REMAIN UNAFFECTED 

    GOING THROUGH THE MOTIONS -- IS WHAT IS GOING ON

    TO SHOW RESULTS THEY ATTACK SOME WEE FISH

  • http://www.timesnow.tv/india/video/zakir-naiks-close-aide-reveals-details-says-was-given-rs-149-crore-for-safekeeping/60231

    SMALL FISH !



  • http://economictimes.indiatimes.com/news/politics-and-nation/black-money-converted-into-gold-stored-in-shell-companies-during-note-ban-i-t-sleuths/articleshow/58493975.cms

    THIS HAS HAPPENED MAXIMUM IN KERALA

    OUR FINANCIAL TASK FORCES ARE BABES IN THE WOODS , RIGHT ?

    http://timesofindia.indiatimes.com/business/international-business/us-firms-untaxed-cash-more-than-indias-gdp/articleshow/58555859.cms

    PANAMA PAPERS HAD NO AMERICA JEWS-- IT WAS FILTERED BEFORE BEING PUBLISHED

    YOU HAVE TO BE A TOTAL RETARD TO BELIEVE THAT US JEWS ARE HONEST TAX PAYERS

    US JEWS OPERATE MAX SHELL COMPANIES

    DONALD TRUMP WILL NOT IMPRISON ANYBODY --HE DOES NOT HAVE THE BALLS TO TAKE ON BILDERBERG CLUB

    http://ajitvadakayil.blogspot.in/2011/09/shrewd-club-within-naive-bilderberg.html

    capt ajit vadakayil
    ..

    http://timesofindia.indiatimes.com/business/india-business/cbi-unearths-393-shell-companies-used-to-divert-rs-2900-crore/articleshow/58562726.cms

    GOING THROUGH THE MOTIONS

    BIG FISH ARE COCKY AND CONFIDENT

    capt ajit vadakayil
    ..

    https://satyavijayi.com/arnab-goswami-exposes-sonia-gandhi-used-party-fund-build-real-estate-empire/

    IF GOVT READS MY 33 PART SHELL COMPANY SERIES THEY CAN EASILY CATCH BIG FISH

    http://ajitvadakayil.blogspot.in/2017/03/shell-companies-for-money-laundering_31.html


    https://www.yovizag.com/shell-companies-family-vizag/

    SMALL FISH !
    1. http://www.indiatvnews.com/politics/national-aap-received-donations-from-shell-companies-black-money-to-white-kapil-mishra-aap-arvind-kejriwal-381434

      MODI DOES NOT HAVE THE BALLS TO TAKE ON BIG FISH WHO HAVE THE SUPPORT OF WHITE JEWS.

    http://timesofindia.indiatimes.com/india/i-t-dept-raids-lalu-prasad-yadavs-associates-in-rs-1000cr-benami-deals/articleshow/58693437.cms

    LALU IS BIG FISH

    HE WAS AN IMPOVERISHED CLERK IN A VETERINARY COLLEGE IN BIHAR WHERE HIS BROTHER WAS A PEON

    WHY HAS IT TAKEN SO LONG TO GO AFTER BIG FISH

    IT TOOK ME A 33 PAGE POST ON SHELL COMPANIES TO RAISE AWARENESS

    YOU CANT CATCH BIG FISH WITHOUT THE HELP OF WHISTLE BLOWERS

    MAKE LALIT MODI A WHISTLE BLOWER --IMMEDIATELY THREE BIG FISH WILL GET ENTANGLED IN THE NET

    INSTEAD OF GOING AFTER BIG FISH -- PM MODI HAD BEEN GIVING THEM PADMA VIBHUSHAN AWARDS

    http://ajitvadakayil.blogspot.in/2017/03/shell-companies-for-money-laundering_31.html

    http://indianexpress.com/article/india/ca-linked-to-lalu-prasad-yadav-daughters-firm-held-in-money-laundering-case-4670772/?src=ilaw

    GOING THROUGH THE MOTIONS !






























  • Rebecca Mark the high profile sexy high flying Globe-trotting in stiletto heels and a miniskirt Enron top executive who zoomed up the corporate ladder in a jiffy and who met Bal Thackeray at his home when Enron India was being set up.....

    IS NOW MANAGING HER CATTLE RANCH IN TAOS New Mexico of course with millions of dollars in the bank...

  • http://archive.indianexpress.com/Picture-Gallery/1878/21/1

    OH YES

    I KNOW WHICH ALL INDIANS REBECCA BABY MET --I HAVE KEPT TRACK

    SOME IN PUBLIC-- SOME IN SECRET WITH EXTRA SHORT MINI SKIRT

    http://www.daijiworld.com/news/newsDisplay.aspx?newsID=239389

    SHE WON THE DHABOL DEAL BY ALLOWING INDIAN LEADERS TO SEE HER MICRO THONGS --SHARON STONE STYLE

    https://www.xvideos.com/video158458/sharon_stone_pussy_shots

    Rebecca Mark's name is NEVER uttered in the list of Enron's main miscreants. Her disappearing act is even more remarkable given the size and scope of the failed ENRON

    She was too young and inexperienced to hold such a high post. She was a farmer's daughter who worked her ass off in the fields

    When she worked at Houston Natural Gas --she was known to do a Monika Lewinsky to her boss JEW John Wing--who treated her like dirt

    One prominent (female) stock analyst said " Rebecca got to the top on her back."

    At a party to celebrate the bagging of ENRON project at Dhabol she brought a elephant into a resort outside Houston --at the same party, she was dressed in leather-and then she rode in on the back of a Harley-Davidson

    I HAD MET AN ENRON EMPLOYEE IN USA WHO TOLD ME HOW SHE "CHARMED" SOME INDIANS TO GET THE DHABOL PROJECT --I KNOW THOSE BASTARDS WHO WANTED TO SEE HER IN A SARI.

    WORLD BANK KNOWING THAT PUSSY POWER WAS HAPPENING AT DHABOL--REFUSED TO FINANCE THE ENRON PROJECT

    By early December 1993, Mark had all the signatures she needed. The Indian government signed a contract requiring it to pay Enron about $1.3 billion per year, or about $26 billion over the life of the 20-year contract. It was, THE of the largest civilian or military contracts ever signed, anywhere on the globe --in a jiffy

    Over the life of the contract, India would pay Enron and its partners nearly nine times what Dabhol had cost.

    Furthermore, India was required to pay for any cost increases caused by price hikes associated with the plant's fuel, electricity transmission lines or plant maintenance.

    The final insult of the contract was a stipulation that required India to pay Enron in American dollars, even though the Indian rupee was undergoing regular depreciation.

    SOME DESH BHAKT INDIANS OBJECTED .

    On August 26, 1993, Rebecca baby faxed a signed letter to CM of Maharashtra Sharad Pawar, complaining about an Indian named MISTER BEG and demanding that contract be signed
    She was twice named as one of the 50 most powerful businesswomen in America by Fortune magazine –using PUSSY power

    She used her femininity and no-nonsense manner first to disarm the men she dealt with, then bulldoze through any resistance that remained. She was a devastating success.


    Rebecca baby using PUSSY power had negotiated a WIN -LOSE contract.

    Between 1996 and 1998, in just two years her total compensation was more than 28 million USD -more than any other Enron employee during that time-- a huge amount of money those days

    By 1998, she was named vice chairman of the Enron board and held voting power on more stock than anyone else on the board except for Robert Belfer, Lay and Skilling.

    I HAVE SEEN SUCH WOMEN- I KNOW HOW THEY OPERATE USING SHARON STONE TACTICS

    capt ajit vadakayil
    ..

  • I was asleep in port with cargo discharge in progress in a US port. I got a call from my Chief Officer from the CCR, and he said that a woman at the gangway wants to meet me—and he stressed that I would surely like to meet her.

    So I peeped out of my porthole and saw a woman standing on the quay. She was allowed up and pretty soon she was in my cabin.


    To be frank, she looked absolutely drop dead gorgeous, young, in perfect shape , blue eyes, blonde, in skin tight blue leotards ( with her camel toe , the cynosure of every male eye ). Look into Wikipedia if you want to see what a camel toe is.


    She turned out to be an AVON sales woman. Though I offered her a seat, she wanted to kneel by my side and display the goodies in her bag. Pretty soon I caught on , she was giving me a free show . Her pink nipples were standing out like bullets . So I rang up my Chief Engineer and told him to come to my cabin el pronto.

    My Chief Engineer came , had a look at her and sort of melted away. Then he called me up, on the telephone and said “ Captain saab come to my cabin “ I could feel the excitement in his voice. So I gave a Coke to the Avon lady and went to the Chief Engineer’s cabin.

    He was rewinding a video cassette. Pretty soon he started the movie and I saw the same Avon woman . As per the title of the video she was “the queen of anal porn” – and there she was getting serviced by 3 men.

    So I came back to my cabin and told her, that she has permission to go to the crew’s lounge. She sold her entire bag of goodies full of perfumes and cosmetics within half an hour, and she left. Get an idea of salesmanship nay sales-womanship?

    At least this woman was doing something to earn a living. For she could have milked 100 times more money in the porn business.

    http://ajitvadakayil.blogspot.in/2013/03/amway-merchants-of-pipe-dreams-capt.html


  • http://www.newindianexpress.com/opinions/columns/s-gurumurthy/2017/jun/06/against-fraud-or-against-freedom-mr-roy-1613261--1.html

    PRANNOY JAMES ROY IS BIG FISH

    WE DONT WANT THIS FELLOW WITH AN IRISH MOTHER TO SAVE INDIA

    HIS WIFEs SISTER IS BRINDA KARAT --INDIAs NOTORIOUS COMMIE


    http://www.dnaindia.com/business/report-income-tax-department-accuses-ndtv-of-concealing-income-of-rs-1600-crore-2467923

    DONT JUST TALK

    TAKE ACTION

    http://www.firstpost.com/india/10-52-lakh-bogus-pan-cards-in-india-cant-be-termed-miniscule-figure-supreme-court-tells-centre-3540671.html

    LINK PAN CARD WITH AADHAR CARD 


    1. http://indianexpress.com/article/business/companies/vijay-mallya-hid-his-networth-using-shell-companies-ed-4704520/

      INDIANS USE LAKHS OF SHELL COMPANIES

      ED HAS WOKEN UP NOW

    2. http://www.newindianexpress.com/nation/2017/jun/13/cbi-arrests-promoters-of-abhijeet-group-in-rs-290-crore-fraud-case-1616267.html

      SMALL FISH



    http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/shell-companies-to-be-shut-down-shortly/article19079104.ece

    ONLY 4200 SHELL COMPANIES ?

    OH YEAH ?


    http://timesofindia.indiatimes.com/india/vijay-mallya-created-20-shell-companies-made-personal-staff-directors-ed-chargesheet/articleshow/59165130.cms

    ONLY 20 ?

    WHAT ABOUT SHELL COMPANIES OF IPL CRICKET TEAM OWNERS -- AND SEVERAL BIG WIGS OF BCCI / IPL ?

    WHY GO THROUGH THE MOTIONS ?

    WE WATCH


    http://indiatoday.intoday.in/story/aap-enforcement-directorate-shell-companies-donated-rs-2-crore/1/983954.html

    NOTHING WILL HAPPEN

    GOING THROUGH THE MOTIONS TO MAKE A CHOOT OUT OF INDIANS

    http://www.ndtv.com/hyderabad-news/3-hyderabad-businessmen-arrested-for-fraud-worth-rs-31-6-crore-1716502

    SMALL FISH

    GOING THROUGH THE MOTIONS

    BIGGEST FISH GETS PADMA VIBHUSHAN AWARD FROM MODI

    BRRRRAAAAYYYYYYYYYYY !



    http://www.hindustantimes.com/india-news/senior-andhra-pradesh-official-arrested-by-acb-for-amassing-disproportionate-assets/story-zhAlZlGyQxudw8HVPW6vlO.html

    SMALL FISH

    THE BIGGEST FISH WAS GIVEN PADMA VIBHUSHAN BY MODI --WE KNOW WHY !


    http://www.newindianexpress.com/opinions/columns/s-gurumurthy/2017/jun/06/against-fraud-or-against-freedom-mr-roy-1613261--1.html

    WHY DO MEDIA COMPANIES START SUBSIDIARIES-- TV CHANNELS WHICH NOBODY WATCHES?

    WHY IS NOBODY SEEING THE ANGLE OF TAX EVASION AND SIPHONING OFF FUNDS ?

    WHY DO HONEST COMPANIES REQUIRES LAYERS ( SHELL COMPANIES ) --LIKE THE MAFIA DON

    Companies are frequently owned by other companies.

    Intertwined ownership structures can make it difficult to understand how a company operates, what parts of it are regulated by which government entities

    Parent companies are those that own enough stock in another company (called a subsidiary) to control it.

    A holding company is a corporation that owns stock in other companies. A pure holding company is established only to hold shares in other companies. A large holding company can control many individual companies.

    For example, Sears Holdings Corp. has among its subsidiaries Kmart Corp., Lands’ End, Inc. and Sears, Roebuck and Co.

    A shell company is a business entity that is not actively engaged in business and has no ( or chaatne ke vaaste ) assets. They are used for money laundering and tax avoidance schemes.

    Publicly traded shell companies are used in reverse mergers, when a private company buys the shell, allowing it to be traded on the market without going through the required initial public offering.

    A holding company is a company that owns other companies' outstanding stock. The term usually refers to a company that does not produce goods or services itself; rather, its purpose is to own shares of other companies to form a corporate group.

    Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies.A holding company has a sole purpose to exercise control over other companies, called the subsidiaries. The holding company does not produce any goods nor services of its own, and it accumulates the profits of its subsidiaries.

    In the United States, 80% or of stock, in voting and value, must be owned before tax consolidation benefits such as tax-free dividends can be claimed.

    That is, if Company A owns 80% or more of the stock of Company B, Company A will not pay taxes on dividends paid by Company B to its stockholders, as the payment of dividends from B to A is essentially Company

    A transferring cash from one company to the other. Any other shareholders of Company B will pay the usual taxes on dividends, as they are legitimate and ordinary dividends to these shareholders.

    A parent company is a company that owns enough voting stock in another firm (subsidiary) to control management and operations by influencing or electing its board of directors. A parent company could simply be a company that wholly owns another company, which is then known as a "wholly owned subsidiary").

    When an existing company establishes a new company and keeps majority shares with itself, and invites other companies to buy minority shares, it is called a parent company.

    A dummy corporation or dummy company is an entity created to serve as a front or cover for one or more companies. It can have the appearance of being real (logo, website, and sometimes employing actual staff), but lacks the capacity to function independently. The dummy corporation's sole purpose is to protect "an individual or another corporation from liability in either contract or import"

    Typically, the dummy companies are established in an international location, usually by the "attorney or bagman" of the creator in order to conceal the true owner of the often-illegitimate and empty company

    The international security corporation Blackwater Worldwide were reported to have obtained over thirty dummy corporations in order to secure million dollar contracts from the United States government. After the backlash from Blackwater's "reckless misconduct" in Iraq, the security corporation successfully obtained lucrative American contracts under several subsidiaries


    CONTINUED TO 2-




    1. CONTINUED FROM 1--

      Dummy corporations may be created to avoid tax through disguising the true profits of a corporation through the use of tax havens. The use of tax havens are particularly popular in the British Virgin Islands and many dummy corporations are created on the islands as a way to evade taxes.

      Dummy corporations may be created by fraudsters to create the illusion of being an existing corporation with a similar name. Similar to the "pump and dump" scheme, Fraudsters mislead investors in order to sell securities in the dummy corporation, in this case, making investors incorrectly believe "that they are buying shares in the real corporation". The sale of securities through a fraudulent corporation is inherently illegal

      Another use is to prevent speculators from intruding on imminent plans of the parent organisation. Dummy corporations may also be used in crime to hide the identity of a criminal, similar to the use of a criminal alias.

      A dummy corporation is one way to cook the books in a dishonest attempt to hide the true financial status of a company.

      Tax avoidance techniques for multinational companies are all about location. They consist of where a company chooses to open offices and create subsidiaries, and where it chooses to allocate its profits and expenses.

      Companies who want to minimise their tax bills shift their profits to subsidiaries
      where there is a low or zero tax regime, e.g. a tax haven, and therefore pay less tax on them while they try to record their expenses in high tax jurisdictions that often offer good rates of tax relief.

      They use a number of techniques to artificially move their money around, including using tax havens, manipulating prices and creating artificial structures that have little to no real economic value.

      http://fortune.com/2016/03/11/apple-google-taxes-eu/

      capt ajit vadakayil
      ..


    http://timesofindia.indiatimes.com/india/gst-a-new-beginning-new-path-for-our-economy-pm-narendra-modi-at-chartered-accountants-event/articleshow/59402009.cms

    WHY ARE YOU GOING THROUGH THE MOTIONS PM MODI ?......


    TILL A BLOGGER WROTE A 33 PART POST ON SHELL COMPANIES, NOBODY DID ANYTHING .......

    EVERY RICH MAN IN INDIA OPERATED SHELL COMPANIES TO EVADE TAX, LAUNDER MONEY AND SIPHON OFF FUNDS ABROAD................

    go0gle for the blogpost below-------
    ............................................ SHELL COMPANIES for money laundering, tax evasion, hiding kickbacks, layering PART 33 VADAKAYIL .................................

    capt ajit vadakayil
    ..



    http://economictimes.indiatimes.com/news/economy/policy/registration-of-1-lakh-cos-cancelled-37000-shell-firms-identified-pm-modi/articleshow/59402192.cms

    HOW COME MODI IS GIVING AWARDS TO BIG FISH -- WHO HAVE LOOTED THE WATAN ABD INFLICTED A THOUSAND CUTS ON BHARATMATA ?

    IT IS TIME TO PUT CHARTERED ACCOUNTANTS IN JAIL ! UNLESS THEY BECOME WHISTLE BLOWERS !! IN INDIA ONLY JAIL WORKS !!!

    http://timesofindia.indiatimes.com/business/india-business/govt-restricts-multiple-layers-of-cos-norms-to-apply-prospectively-exempt-foreign-firms/articleshow/59393742.cms

    THERE ARE LAKHS OF SHELL COMPANIES --ONLY 4700 HAS BEEN IDENTIFIED-- BASSSSS ?

    http://www.hindustantimes.com/india-news/live-gst-comes-into-effect-modi-addresses-cas-in-delhi/story-yeSw2WrNtvA7s4jPbMU7mJ.html


    http://timesofindia.indiatimes.com/business/india-business/1-lakh-deregistered-companies-to-face-more-heat/articleshow/59416402.cms

    TILL THIS BLOGSITE WROTE A 33 PART SERIES ON SHELL COMPANIES -- ALL WAS HUNKY DORY

    THESE SHELL COMPANIES INFLICTED A MILLION CUTS ON BHARATMATA --ALL KNEW IT-- NOBODY CARED

    WHEN PEOPLE FILE IT RETURNS--THERE MUST BE A DECLARATION SECTION , WHERE SHELL COMPANIES OPERATED MUST BE DECLARED

    PUNISHMENT FOR NON-DECLARATION MUST BE --TEN YEARS IN JAIL

    http://ajitvadakayil.blogspot.in/2017/03/shell-companies-for-money-laundering_31.html

    TRAITORS WHO BLED BHARATMATA ALONG WITH ENRON WERE REWARDED BY MODI .

    ONLY THIS BLOGSITE WRITE ABOUT ENRON DECEIT -- OUR ROTHSCHILD CONTROLLED MEDIA IS FIT ONLY FOR BOLLYWOOD , CRICKET AND HINDI HEARTLAND POLITICS

    WE WATCH

    PUT THIS COMMENT IN MODIs WEBSITE--ASK FOR AN ACK



    1. http://timesofindia.indiatimes.com/india/beijing-using-doklam-to-arm-twist-delhi-on-obor/articleshow/59416451.cms

      CHINA HAD FAILED TO RECOGNISE THAT INDIA IS HER NEIGHBOUR......... CHINA SPAT ON MODIs EXTENDED HAND OF FRIENDSHIP....... THERE WILL BE SEVERE RETRIBUTION ON INDIAs TERMS AND TIMETABLE....

      THE ENTIRE WESTERN PART OF CHINA AND TIBET ONCE BELONGED TO INDIA...ALONG WITH MOUNTH KAILASH... INDIA WILL TAKE IT BACK...

      TARGET EIGHT EASTERN CITIES OF CHINA, AND CHINA IS FINISHED ...

      CHINESE ECONOMY IS A BUBBLE WITHIN A BUBBLE..

      BIG MISTAKE CHINA !

      capt ajit vadakayil
      ..
    2. http://timesofindia.indiatimes.com/india/beijing-using-doklam-to-arm-twist-delhi-on-obor/articleshow/59416451.cms

      CHINESE ECONOMY IS SINKING.. A BUBBLE WITHIN A BUBBLE….

      CHINA KO L0DA LAGNE WAALAH HAI…

      CHINAs SURVIVAL DEPENDS ON OBOR…..CHINAs DEBT TO GDP RATIO IS A SHOCKING 400 % (total Chinese debt at all levels (household, corporate, bank and government)) .....

      Construction and debt is driving China's growth.. Chinese Government rely on infrastructure development to sustain artificial growth.. China has a 7.9 trillion USD shadow banking sector…

      On May 24th 2017 , the rating agency Moody’s downgraded China’s credit rating for the first time since 1989 on concerns over rising debt and slowing economic growth…

      The IMF forecast China’s gross domestic product to grow 6.7 per cent this year --the real rate is just 3.9%..

      Most of the debt is coming from the Chinese corporate sector. Unlike USA these are mostly state-owned enterprises, controlled by the Chinese government.....

      It does not include the WMPs, which are technically investments kept off the balance sheets of the book. A wealth management product is an uninsured financial product sold in China by banks and other financial institutions. Typically they offer a high rate of interest, and, sometimes, guaranteed return. ..

      It also does not include provincial obligations that take the form of guarantees. Those will have to be bailed out by Beijing…

      Chinese banks rely on sales of new WMPs to redeem the old ones at maturity. Today, when a customer wants his money back, the bank sells a new WMP, and uses that money to cash out the redeeming customer. ..

      The banks use sales of WMPs to invest in the riskiest development projects and state-owned enterprises (SOEs) on the edge of bankruptcy…

      The new investor steps into the shoes of the old with the same bad underlying investment…

      These institutions behind these projects, financed by the original WMPs, cannot repay them. So most of the WMPs will never be repaid…

      That means they may have to be bailed-out by the government when the bubble bursts-- when the system finally crumbles…

      Chinese WMPs’ are the greatest Ponzi scheme in history—a scheme devised by MAD MEN ..

      WMPs are something like the collateralized debt obligations (CDOs)-- the pooled assets – such as mortgages, bonds and loans – are essentially debt obligations that serve as collateral for the CDO…

      Much of Chinese debt is denominated in U.S. dollars so the situation is made even worse by the strong dollar and the global dollar shortage. Both of those factors make dollar-denominated debt much harder to repay…

      The debt system is propped up — for now — by more debt and dishonest Chinese state accounting. If the banks were forced to write-down bad loans, the system would have collapsed a long time ago…

      LIKE BIHARI EXAM TOPPER CHEATS--…HOW LONG WILL CHINA CHEAT BY TABULLASSSANN ?....

      But one dysfunction that cannot be finessed is cash-flow. As every entrepreneur and small businessperson knows, cash never lies. You either have it or you don’t…

      Because of excessive debt and inability to pay, cash flow problems are now reaching epidemic proportions in China….

      Clearly there are no easy answers to China’s debt problem…

      The only painless escape would be on a wave of economic growth-- and China thinks their OBOR road will solve it ( DUMPING GOODS ) -- B A LL S IT WILL TAKE OFF !...

      China is faced with a mountain of unpayable debt, weaker growth, and a stronger dollar that will make the debt even harder to repay. The Chinese credit bubble has only one feasible solution, China must use its hard currency reserves to bail-out the entire banking and SOE sector and try to start over with a relatively clean balance sheet….

      USA HAS 20 TRILLION USD DEBT--WHICH JEW OBAMA NEVER SPOKE ABOUT DURING HIS TWO TERMS OF PRESIDENCY. ..

      The G7 nations are a bunch of beggars -- Canada, France, Germany, Italy, Japan and the UK….

      ONLY INDIA HAS A HEALTHY ECONOMY….


      CONTINUED TO 2




      1. CONTINUED FROM 1-

        OUR GROWTH TODAY IS 10.1 % .. OUR TRAITOR MAIN STEAM MEDIA AND THEIR FOREIGN PAYROLL DESH DROHIS LOVES TO RUN DOWN INDIAs ECONOMY…

        Currently, Chinese shadow banks fund approximately 24 % of Chinese debt…

        With the global slowdown, many of China’s factories closed resulting in approximately 20 million workers unemployed. China’s leaders responded by instituting a $600 billion stimulus plan to build and boost the nation’s infrastructure and provide jobs to its people and dump these goods on the OBOR road…

        For the next few years China is unlikely to manage growth rates above 3.8% on an average—hence this headlong rush into ONE BELT ONE ROAD….
        Stimulus is becoming less effective, requiring four units of credit for each unit of growth. If this trend continues, China and its local government entities will pay much more in order to borrow and ultimately get a lower return on every unit borrowed..

        If interest rates in the United States continue to rise, funds will flee China, causing immense capital outflows. If President Trump imposes tariffs on Chinese goods into the United States, this will reduce demand causing China’s economy to slow down--OBOR road or no OBOR road…

        China’s growth has been largely driven by investment, but this has started to slow because of declines in infrastructure and property investment…

        Recent Chinese growth has primarily been driven by the real estate bubble, and that too in second tier cities. First tier cities are saturated and they don’t want negative publicity from western tourists …

        The Chinese have a middle-class of several hundred million people with a high propensity to save. Most Chinese don’t get to invest overseas, so they are limited to real estate, gold and local investment products, mostly sold through banks…

        When customers go into a bank, they are offered a standard bank deposit paying about 2%, or a “wealth management product,” (WMP) that pays about 8%....

        Many customers naturally take the 8% return and invest in bank-managed WMPs. Customers believe the WMPs are guaranteed by the bank or the government. They’re not — WMPs are just unsecured investments….
        Along with wealth management products from banks, online lenders are jumping into the game, adding to the risks. There are PONZI online Chinese finance companies fleecing merrily…

        China has depended on debt to grow its economy. China uses debt as the key mechanism to build its infrastructure and expand businesses… However, the problem is that private and public debt are not only linked, but that both are growing at unsustainable rates . To expand their operations and be competitive, businesses borrow through bank loans and issuing bonds. ….

        This expansive lending has occurred for over a decade resulting in $23,600 in bank loans, bonds, and other debt obligations for each person in China. The problem is that businesses in China are state-owned enterprises (SOEs) run and owned by the government in order to keep people working. ..

        Loans come mainly from state-owned banks resulting in money being shifted from one pocket to another in the Chinese government accounting methodology…

        Compounding matters is that Chinese businesses often guarantee each other’s loans and debt obligations. This way of doing business makes it easier for a company to obtain a loan that would otherwise be very difficult. The state-owned banks complicate this situation by lending primarily to SOEs since they have implied governmental guarantees….

        There is also the role of shadow banking. Shadow banking is bank-mediated business-to-business loans, allowing lending to occur when a potential borrower has been refused by a Chinese bank or not able to float a bond offering..

        Mortgage lending has increased sharply, and made up the largest share of bank loans..

        Shadow banking is booming in China..

        Chinese growth ( unlike India ) is still driven mainly by debt-fuelled spending and ­exports..


        CONTINUED TO 3--

      2. CONTINUED FROM 2-

        China has an insatiable demand for credit. With stringent controls on banking activities, shadow banking had spiraled high with a debt-to-GDP ratio climbing to a towering 300%. China will NOT admit this…

        China is now this planets No 1 in shadow-banking asset and No 1 in the shadow-banking sector…

        The most popular forms of shadow banking, are so-called entrusted loan agreements and trust loans. Under the former, a company lends money to another firm with the bank as the middleman, while for the latter, banks use money raised from wealth-management products to invest in a trust plan, with the proceeds eventually going to a corporate borrower…

        Shadow banking, a term for financial agents that perform bank-like activity but are not regulated as banks, has boomed in China,as a way of circumventing government's tight controls on lending. This has been a key driver of the breakneck growth in debt in the economy..

        China is doing endless propaganda about its Eurasian connectivity scheme,-- the One Belt One Road (OBOR), or the Belt Road Initiative (BRI)…

        There is this land-based "Silk Road Economic Belt" (SREB) and the oceangoing "Maritime Silk Road" (MSR)…

        India does NOT benefit from the land based connectivity—and we don’t need China’s permission to use the sea..

        The strategy underlines China's push to take a larger role in global affairs, and the desire to coordinate manufacturing capacity with other countries—in reality DUMPING their goods which they keep producing to show some GDP growth …

        2017 will see over 2,000 trains travel from a dozen Chinese cities to over 20 European destinations on newly built lines and tunnels in Central Asia. Its primary goal is to integrate the rich European economy with that of China….

        The shorter term goal is for China to emerge as the dominant regional power in its neighborhood—never mind its humongous debt . China's total debt is equivalent to more than 300 % of its nominal GDP…

        Paying off that debt requires growth, but the growth itself is fueled by more debt. China is now at the point where enormous new debt is required to achieve only modest new growth. This is clearly non-sustainable….

        You’re a middle-class Chinese saver and you walk into a bank. They offer you two investment options. The first is a bank deposit that pays about 2%. The other is a WMP ( wealth management products ) that pays about 7%. …

        In the past ten years, bank customers have chosen almost $12 trillion of WMPs. That might be fine if WMPs were like high-quality corporate or municipal bonds. They’re not. They’re more like the biggest Ponzi scheme in history….

        What happens when a WMP matures? Usually the bank customer is encouraged to rollover the investment into a new WMP. What happens if the customer wants her money back? The bank sells a new WMP to another customer, then uses those sales proceeds to redeem the first customer. The new customer now steps into the shoes of the first customer with the same pile of bad debt. That’s where the Ponzi dynamic comes in….

        Simply put, most of the debts backing up the WMPs cannot be repaid, which means it’s just a matter of time before the WMP market goes into a full meltdown and triggers a banking panic….

        Finally, there is an infrastructure bubble. China has kept its growth engine humming mostly with investment instead of aggregate demand from consumers….

        China projected false growth rates by currency manipulation and shadow banking. Chinese economy is run by MAD men. Ghost cities of China are an example of that which no society should imitate….

        About half of China’s investment in the past ten years has been wasted on “ghost cities,” white elephant transportation facilities, and prestige projects that look good superficially, but that don’t produce enough revenue or efficiencies to pay for themselves. Much of this investment was financed with debt. If the project itself is not revenue producing then the associated debt cannot be repaid, and will go into default….


        CONTINUED TO 4

      3. CONTINUED FROM 3-

        The toxic combination of government debt, corporate debt, WMPs, and unrealistic growth expectations have set up China for the greatest market crash in history…

        The tail wags the Chinese dog . To achieve the goal of “power projection”, China started to build the huge piles of forex reserves (Treasury bonds). They did not even bother if the main portion of their money is getting locked in USA’s Treasury bonds. …

        China is the biggest holder of USA Treasury bonds. Why would a country hold so much of bonds of other countries? The answer is, “to manipulate”. Interestingly when China holds USA Treasury bonds, the return on those bonds are mere 1%. . The best way to arm twist USA is to pump-or-pull these money holdings at will….

        With aging, infra and the majority of funds locked in 1% type of investments, Chinese premier gets a CHINKERILAL KE RANGEEN SAPNE . And the dream is “OBOR”…

        India’s geographical location is a huge advantage, especially for the maritime leg of the OBOR scheme in the IOR…

        We will build our own ports in the south west tip of India to snuff out Singapore and Colombo..

        Under OBOR Initiative, hefty amount of loans will be pumped into the developing countries. This will benefit China and NOT these nations who will receive these Chinese loans….

        This is intended to generate demand for the sale of products of Chinese steel mills, cement plants and construction companies, which could help this country to maintain employment at home intact. China to bring the neighbouring countries within its economic orbit and thereby maintain regional hegemony…

        Once a country falls in China’s debt trap, it becomes far difficult to get out of it….

        China uses its clout on the aid receiving countries to pressurize them to work in its own interest. It was on this ground that Cambodia, Laos, Myanmar and Thailand were pressurized by China to desist from forming common stand against its territorial claims in South China Sea….

        Sri Lanka’s government decided to sell 80 per cent stakes in Hambantota port to China for US $ 1.1 billion. In order to ensure that the aid-recipient countries do not escape its debt trap, China reschedules repayment in exchange for major new contracts by giving kickbacks to corrupt politicians …

        Often, dumping of goods by China in the loan-recipient countries negatively impact the growth of local industries, which takes away the jobs of the local workers. Bribery by the Chinese companies in the loan-recipient countries is well known….

        OBOR initiative is more as a means of commercial penetration and attaining strategic leverage with neo-colonial designs—and Jew Rothschild / Bilderberg Club is part of this scheme….

        Jew Rothschild wants to project China as the only force to contain the USA, globally. Chinese communism was CREATED by Jew Rothschild….

        1% return on its locked-money is China’s Achilles heel and OBOR is its remedy….

        There has been NO risk assessment by bribed leaders -- Anti-dumping rules must be clear….

        The greatest threat to Chinese output in the manufacturing sector in India…

        CHINESE ECONOMY IS RUN BY MAN MEN WHO HAVE NO IDEA OF THE BASIC PRINCIPLES OF ECONOMICS..

        China’s GDP growth was 6.7 % ( INFLATED ) last year, the lowest for 26 years…. Chinese economy is credit-driven—and hence the headline GDP figures cannot be trusted nor can the growth be trusted . This is commonsense . Half wits ( 99% celebrated Rothschild’s economists are ) cannot understand this..

        The Chinese National Bureau of Statistics (NBS), is in cahoots with mad men who cook up fake statistics…

        Hot money trapped inside China is blowing up financial bubbles rather than going into productive investments. There is nothing sustainable about the current ‘stabilisation’ of the economy; it has been achieved by inflating new debt-financed bubbles (housing and commodities) to fill the gap left by the collapse of the previous bubble (stock market)…



        CONTINUED TO 5--
      4. CONTINUED FROM 4-

        GST IS NOW DONE …..WHEN INCOME TAX IS REPLACED BY BANKING TRANSACTION TAX INDIAs GROWTH WILL HIT A MINDBOGGLING 12.1 %. …….YET ON TV WE CAN SEE DESH DROHI BENAMI MEDIA BARONS TRYING TO INSINUATE THAT INDIANs GROWTH IS VERY LESS …


        China has borrowed a lot from the future, and the payback will be in the form of a significant slowdown in growth rates—dimwits like Friedman and Amartya Sen will never understand this..


        More than 18 % of China's GDP is housing-related…

        The mad men in the Chinese Government has a tendency to rely on infrastructure development to sustain growth in the long term…

        China’s economy is not just about providing jobs, goods and services. It is about regime survival for a Chinese Communist Party that faces existential risk if they stumble…

        Local banks are struggling with non-performing debt rapidly increasing. Non-bank financial institutions referred to as the “shadow banking system” are spreading, with little regulation or recognition of the risks….

        With reduced global trade, China began to lose competitiveness in the market place. Inflation of the money supply in the Chinese economy required higher wages to offset rising prices..

        INDIA IS THIS PLANETs HEALTHIEST ECONOMY…

        China kick started its economy by taking advantage of low wages to sell products they could produce themselves to advanced economies…

        THERE WILL SOON BE A REVOLUTION IN THE WEST OF CHINA.. THE CHINESE MUSLIMS WILL TRIGGER THIS…

        There is unemployment, and the people are poor in the west of china and internal china.. east coast of China is NOT China

        CHINA IS ON THE BRINKS OF MASSIVE SOCIAL AND POLITICAL UNREST IN THE WEST OF CHINA…

        China’s success with boosting low-cost goods in advanced economies resulted in an investment boom by Westerners in China. ..

        25 years ago my wife asked me-- HOW COME WE GET ONLY CHINESE SHIT STUFF IN US MALLS?...

        China has a massive industrial system linked to the appetites of the United States and Europe. It is losing competitive advantage at the same time that political systems in some of these countries are generating new barriers to Chinese exports--whether JEW ROTHSCHILD likes it or not…

        If India boycotts Chinese goods—China is in deep shit…

        It will be a long time before the Chinese economy generates enough demand to consume what its industrial system can produce…

        Economically, China needs a powerful recession to get rid of businesses being kept alive by loans. Politically, China can’t afford the cost of unemployment. ..

        Trump had threatened to label China a currency manipulator and impose hefty tariffs on imports of Chinese goods…

        President Donald Trump is threatening the one thing that China cannot withstand: limits on China’s economic links to the United States. ..

        Faced with this same problem in the past, Japan turned into a low-growth, but stable, country. But Japan did not have 1 billion impoverished people to deal with, nor did it have a history of social unrest and revolution….

        In reality is reality. China no longer is the top owner of U.S. government debt; Japan is…

        POOR CHINA….

        THROW A CHAPPATI PIECE IN THEIR GENERAL DIRECTION……

        Capt ajit vadakayil
        ..
    http://www.thehindu.com/todays-paper/deregistered-firms-to-face-money-laundering-probe/article19207055.ece

    GOING THROUGH THE MOTIONS

    THE BIGGEST FISH HAS BEEN AWARDED PADMA VIBHUSHAN BY MODI

    http://www.businessinsider.in/Vijay-Mallya-used-13-shell-companies-to-launder-over-Rs-1300-crore-says-ED/articleshow/59590932.cms

    WHAT ABOUT BIGGER FISH ?


    http://www.dnaindia.com/business/report-registrations-of-over-162-lakh-companies-cancelled-gangwar-2506058

    GOING THROUGH THE MOTIONS

    IT TOOK A BLOGGER TO WRITE A 33 PART SHELL SERIES --BEFORE THE GOVT OPENED ITS EYES

    THE WHOLE WORLD KNEW ABOUT SHELL COMPANIES

    INDIA DID NOT KNOW !

    http://ajitvadakayil.blogspot.in/2017/03/shell-companies-for-money-laundering_31.html

    http://timesofindia.indiatimes.com/city/mumbai/ipl-fema-violation-case-ed-summons-shah-rukh-khan/articleshow/59686070.cms

    ALL THE GOVT NEEDS TO DO IS TO CHECK THE IPL PAST CONTRACTS

    CLEAR INFORMATION IS AVAILABLE ABOUT THE SHELL COMPANIES RUN BY OWNERS AND BENAMI OWNERS

    IT IS SO EASY TO NAB THEM

    BUT HEY-- OUR GOVT IS GOING THROUGH THE MOTIONS -- SEE THEY ARE BABES IN THE WOODS

    WE WATCH

    capt ajit vadakayil
    ..


    1. http://www.newindianexpress.com/nation/2017/jul/22/ndtv-withheld-information-on-shell-companies-from-it-department-itat-1632261--1.html

      GOING THROUGH THE MOTIONS-- EVERY IPL CRICKET OWNER DECLARED IN THE CONTRACT --THEIR SHELL COMPANIES

      NOT A SINGLE BIG FISH HAS BEEN NABBED TILL NOW

      ALL FAALTHU TALK

    2. http://www.sify.com/finance/india-was-funded-by-invisible-money-for-70-years-jaitley-news-news-rhwlLyfbgdfhi.html

      ECONOMIC CRIMINALS MUST BE JAILED

      JAIL PRANNOY JAMES ROY-- NOW !


    http://timesofindia.indiatimes.com/business/india-business/26-chartered-accountants-under-lens-amid-shell-cos-crackdown/articleshow/59740558.cms

    ONLY 26 --BASSSSS ?

    IT SHOULD HAVE BEEN 10,000


    http://www.thehindubusinessline.com/opinion/cas-have-not-covered-themselves-in-glory/article9797334.ece

    IT TOOK A 33 PART SHELL COMPANY BLOG POST SERIES FOR THE "PRETENDING TO SLEEP " GOVT TO WAKE UP...

    http://ajitvadakayil.blogspot.in/2017/03/shell-companies-for-money-laundering_31.html



    http://www.business-standard.com/article/companies/rs-40-000-cr-tax-liability-for-shell-companies-from-kolkata-117081000790_1.html

    http://www.moneycontrol.com/news/business/markets-business/investigation-agencies-identified-13000-shell-companies-before-sebi-ban-say-sources-2358015.html

    MODI JUST STIRS THE POT FOR VOTES

    NOT A SINGLE BIG FISH HAS BEEN JAILED --HIS TENURE IS GETTING OVER

    KASHMIRI PANDITS WERE BETTER OF DURING THE TIME OF THE ITALIAN WAITRESS


    http://timesofindia.indiatimes.com/city/mumbai/maharashtra-spent-rs-1800cr-on-ghost-students-in-5-years/articleshow/60078937.cms

    WHEN JYOTI BASU WAS CM OF WEST BENGAL

    ONE OF MY SENIORS WHO WAS IN A TOP RANKK IN CALCUTTA PORT --SHOWED ME PROOF

    HUNDREDS OF "GHOST WORKERS " WERE DRAWING SALARIES AND PENSIONS

    HE SHOWED ME FINANCIAL RECORDS-- THERE ARE 50 SKILLED WORKES TO MAKE FENDERS FOR QUAYS .

    THE REALITY WAS NOT EVEN ONE EXISTED .

    COMPUTERIZE EVERY GOVT JOB SALARY / PENSION IS WEST BENGAL

    THESE GHOST SALARIES/ PENSIONS WERE SIPHONED OFF VIA SHELL COMPANIES TO THE POCKETS OF COMMIE LEADERS - WHO PRETEND TO BE GREAT CHAMPIONS OF THE POOR


    THESE ARE ATHEIST BASTARDS WITH NO SOUL

    capt ajit vadakayil
    ..



    http://www.indiainfoline.com/article/general-editors-choice/shell-companies-govt-unearths-over-3-lakh-shell-companies-will-markets-see-more-shocks-117081600183_1.html

    WHY DID THE GOVT WAIT TILL A BLOGGER WROTE A 33 PART SERIES ON SHELL COMPANIES

    WE WANT BIG FISH WHO TOOK KICKBACKS FROM ENRON TO BE JAILED

    http://ajitvadakayil.blogspot.in/2017/03/shell-companies-for-money-laundering_31.html

    CALCUTTA SHELL COMPANIES 60 YEARS AGO, EBLONGED TO JEW ROTHSCHILDs OPIUM AGENTS

    http://timesofindia.indiatimes.com/business/india-business/cracking-down-on-black-money-scrutiny-of-shell-firms-stepped-up/articleshow/60086235.cms


    WE ASK PM MODI

    THERE ARE MANY GODMEN IN INDIA SPONSORED BY JEW ROTHSCHILDs AGENTS -- WHO HAVE FOREIGN CENTRES

    ALMOST ALL OF THEM RUN SHELL COMPANIES TO LAUNDER BLACK MONEY --AND THEY FEEL THAT THEY ARE IMMUNE TO ANY CHECK BY THE GOVT

    MOTHER THERESA RAN HER FINANCIAL EMPIRE USING SHELL COMPANIES

    http://ajitvadakayil.blogspot.in/2011/02/diabolical-ministering-angel-mother.html

    PUT THIS COMMENT IN PMO, PM MODIs, FINANCE MINISTERs, LAW MINISTERs WEBSITES

    http://www.firstpost.com/business/shell-companies-builders-brokers-bollywood-under-scanner-for-black-money-bonhomie-3927773.html

    CHECK OUT IPL OWNERS AND THEIR SHELL COMPANIES

    IT IS THERE ON THEIR CONTRACTS



    http://www.moneycontrol.com/news/business/economy/govt-dossier-lists-17000-companies-as-main-conduits-for-funneling-dirty-money-after-demonetisation-2370127.html

    GOING THROUGH THE MOTIONS

    STIRRING THE POT FOR VOTES

    NOT ONE SINGLE BIG FISH IS IN JAIL

    MY 33 PART SHELL COMPANY BLOG SERIES HAS GONE IN VAIN- IT IS USED TO MILK VOTES

    http://ajitvadakayil.blogspot.in/2017/03/shell-companies-for-money-laundering_31.html

    ALL NATIONS HAVE SCREWED THE PANAMA PAPERS CULPRITS EXCEPT INDIA-- WE KNOW WHY APCO MODI !


    http://timesofindia.indiatimes.com/india/directors-of-deregistered-shell-firms-face-up-to-10-year-jail-term-for-siphoning-off-funds/articleshow/60395520.cms

    ONLY LONG TERM JAIL TERMS CAN SAVE INDIA FROM THE SCOURGE OF SHELL COMPANIES..

    THESE BASTARDS DONT CARE FOR FINES..

    IT TOOK CAPT AJIT VADAKAYIL A 33 PART SHELL COMPANIES POST TO WAKE UP "PRETENDING TO SLEEP" JUDICIARY/ EXECUTIVE/ LEGISLATURE/ MEDIA.

    THE REASON ?

    ALL 4 PILLARS OF INDIA DEMOCRACY RAN SHELL COMPANIES.

    ALMOST ALL RICH INDUSTRIALIST / DOCTORS / ENGINEERS/ LAWYERS ETC RAN SHELL COMPANIES.

    ENRON WAS ALLOWED TO FLEECE BHARATMATA --AND NOBODY CARED.

    http://ajitvadakayil.blogspot.in/2017/03/shell-companies-for-money-laundering_31.html

    EVEN BANKS RAN SHELL COMPANIES WITH THE CONNIVANCE OF POLITICIANS

    capt ajit vadakayil
    ..

    Dear Ajit,

    Here is a link on the government action on shell companies - http://www.thehindu.com/news/national/shell-shock-govt-names-and-shames-directors/article19710912.ece

    After your series on shell companies, the government is finally taking action.

    Further; I have send your comments to the Water Ministry and Nitin Gadkari.

    Regards

    Aneesh Somanath











    1. A FEW YEARS AGO I SAW SUHEL SETH BOASTING ON TV THAT HE IS DIRECTOR OF MANY COMPANIES AND THAT HE COSTS A BOMB..

      WE WATCH

      IT TOOK A 33 PART BLOG SERIES ON SHELL COMPANIES TO MAKE THE GOVT MOVE THEIR ASSES ..

      http://ajitvadakayil.blogspot.in/2017/03/shell-companies-for-money-laundering_31.html

      POLITICAL DONATIONS COME VIA SHELL COMPANIES

      For ages, tax cheats have been feeding politicians part of their ill-gotten wealth in return of the promise that rest of their loot will be untouched by the state machinery. 

      In USA EVIL PHARMA uses shell companies to let them evade longstanding campaign finance disclosure laws.

      US political donors use limited liability companies as “ghost corporations” to fund super PACs and even campaign committees

      In India MCA ( Ministry of Corporate affairs ) cancelled the registration of around 2,09,032 defaulting companies and the Ministry of Finance directed banks to restrict operations of bank accounts of such companies by the directors of such companies or their authorized representatives. Following this, MCA has identified 1,06,578 directors for disqualification under Section 164(2)(a) of the Companies Act, 2013, as on 12 September 2017.

      Almost all shell companies hold assets only on paper and not in reality. These companies conduct almost no economic activity. 

      There are about 1.5 million registered companies in India, --- only 590,000 companies file their annual return.


      NAME AND SHAME BY ALL MEANS



      ONLY LONG JAIL TERMS WORKS IN INDIA !
      capt ajit vadakayil
      ..



    1. http://www.livemint.com/Companies/OiGrM24CxcGUdT94Tk6nAJ/Govt-blacklists-300000-directors-of-shell-companies.html

      SUHEL SETH WAS THE DIRECTOR OF SEVERAL ARTY FARTY COMPANIES

      MAYBE HE CAN HELP MODI ?

    2. http://www.asianage.com/business/economy/260917/after-shell-companies-centre-to-scrutinise-10-lakh-active-firms.html

      NOT A SINGLE BIG FISH IS IN JAIL

      MODI KEEPS THE POT BOILING FOR MILKING VOTES




    https://timesofindia.indiatimes.com/business/india-business/taxmen-unearth-mega-fund-routing-after-demonetisation/articleshow/60978203.cms

    THE PROBLEM WITH INDIA IS WE HAVE IDIOTS WITH SHIT FOR BRAINS MANNING OUR THINK TANKS'

    read all 33 parts of the post below--

    http://ajitvadakayil.blogspot.in/2017/02/shell-companies-for-money-laundering.html

    SLAVERY AND JEW ROTHSCHILD GO TOGETHER

    http://ajitvadakayil.blogspot.in/2010/04/indentured-coolie-slavery-reinvented.html

    http://ajitvadakayil.blogspot.in/2012/05/black-african-slave-trade-and-jews-capt.html

    AFTER THE SANDINISTAS FREEDOM FIGHTER KICKED OUT THE JEW PRESIDENT AND THE BLOODSUCKING JEWS ( WHO CORNERED ALL THE WEALTH ) THREE AMERICAN PRESIDENTS ( REAGAN/ BUSH SR/ CLINTON ) FUNDED CONTRAS TO TO BIOLOGICAL AND CHEMICAL WARFARE ON THE HAPLESS NICARAGUAN PEOPLE..

    DONT EVER THINK THIS CAN BE BURIED BY JEW ROTHSCHILD MONOPOLISED MEDIA / HOLLYWOOD

    POM ( USA ) was enlisted in a project with the Stormont labs of Woodland, California, and the Wackenhut Corporation to develop chemical and biological weapons that could be deployed in guerrilla warfare. POM was assigned the task of producing the munitions themselves.

    POM ( Park On Meter ) was founded by Seth Ward Sr., the father of Walter Hubbell’s wife, Suzie. While an attorney at Rose Law firm, Hubbell had shepherded POM’s application to become the first company to receive an industrial development loan from the Arkansas Development Finance Authority

    WEBSTER HUBBEL IS CHELSEA CLINTONs BIOLOGICAL FATHER

    Webster Hubbell ( SEXUAL AFFAIR WITH HILLARY CLINTON ) - he served on POM's board during the early '80s.. While a partner at Rose, Hubbell served as POM's lawyer

    POM, it has been alleged by Michael Riconosciuto, a GENIUS computer expert serving a prison sentence on drug charges in Washington state, was under secret contract to make components of prototype chemical and biological weapons for use by the Contras

    Park-On-Meter was the first company to receive a loan from the Arkansas Development Finance Authority (ADFA) set up by Arkansas Governor Bill Clinton in 1985. The ADFA took over much of the state's bond-issuing power and gave the governor Bill Clinton the ability "essentially to create money".

    The ADFA has no regulator and no legislative oversight. The governor appoints the board and has the right to approve or disapprove every bond issue. There is virtually no limit on the value of bonds that can be issued. One financial advisor described this scenario as a "prescription for abuse".

    ARKANSAS WAS A HUB FOR MONEY LAUNDERING VIA SHELL COMPANIES --THANKS TO ROTHSCHILD AGENT BILL CLINTON

    This ADFA was at the center of financial dealings in which large amounts of money could be moved around easily , discreetly.

    Theoretically, bonds could be issued to provide a loan to a company involved in laundering drug profits. That loan represented clean money. The loan could in turn be paid back with drug profits, slowly over time and in small increments. In this way drug money could be successfully filtered into the legitimate financial system.

    CONTINUED TO 2-




    1. CONTINUED FROM 1-

      If the company in question did nothing more with the loan than redeposit it into its bank account, then the company had lost nothing but it had gained clean money. Thus, in effect, ADFA could serve as a washing machine – dirty money could be cleaned simply by passing through its system

      THE SADDEST STORY OF THE CONTRA / COCAINE/ GUNS AFFAIR IS OF GENIUS MICHAEL RICONOSCIUTO.

      He was asked by CIA to develop software to help launder the Mena drug money..

      Riconosciuto was arrested on drug charges shortly after being named as a witness in the Inslaw Corporation’s case against the US government for the latter’s alleged unauthorized use of the PROMIS software, which Riconosciuto wrote for Inslaw. Riconosciuto claims he was set up-and was in jail from 1991 to 2017

      Let me quote Wikipedia--
      QUOTE:Riconoscuito was a gifted child: When he was just 10 years old, Michael wired his parents' neighborhood with a working private telephone system that undercut Ma Bell; in the eighth grade, he won a science fair with a model for a three-dimensional sonar system. By the time he was a teenager, he had won so many science fairs with exhibits of laser technology that he was invited to be a summer research assistant at Stanford University. Dr. Arthur Schalow [sic], a Nobel laureate, remembers him—"You don't forget a 16-year-old youngster who shows up with his own argon laser."

      — Ridgeway and Vaughan, "The Last Days of Danny Casolaro"[6]UNQUOTE

      capt ajit vadakayil
      ..


    DONALD TRUMP

    FUCK YOU FOR SUPPORTING COLUMBUS DAY

    NOW LISTEN UP AND LISTEN GOOD

    IF YOU MUST DRAIN THE SWAMP , FIRST YOU HAVE TO BREAK THE SPINE OF ROTHSCHILDs MEDIA WHO SUSTAIN IT

    INSTEAD OF MEDIA CHASING YOU--YOU HAVE TO TAKE THE FIGHT TO THEIR DOORSTEPS--CHASE THE MEDIA

    ASK THE INTEL COMMITEE TO INVESTIGATE FAKE NEWS

    TRUMP--WATCH THE TV SERIES "HOUSE OF CARDS"

    IT JUST SHOWS YOU 1% OF THE DIRT IN WHITE HOUSE 
    PRESIDENT FRANK UNDERWOODs PREDECESSOR IN THIS TV SERIAL PRESIDENT WALKER -- WAS TRICKED INTO RESIGNING BY POOR RATINGS

    https://en.wikipedia.org/wiki/House_of_Cards_(U.S._TV_series)


    THE SAME TRICK WAS USED ON PRESIDENT NIXON IN REAL LIFE.

    https://www.youtube.com/watch?v=BN8OfPc_aQ8


    NIXON COULD NEVER BE IMPEACHED - HE DID NOT KNOW THAT IMPEACHING A US PRESIDENT IS NOT EASY

    http://ajitvadakayil.blogspot.in/2017/02/richard-m-nixon-greatest-american.html

    In USA the presidential job approval ratings were introduced by George Gallup in the late 1930s 1936 to gauge public support for POTUS. Jew Rothschild was the brain behind this.

    EVERY GALLUP POLL IS RIGGED.. TRUMP, YOU KNOW THAT ALL GALLUP POOLS SHOWED THAT HILLARY WOULD BE PRESIDENT , RIGHT?

    THE FAKE POLL SYSTEM WAS USED TO CONVERT JEW WINSTON CHURCHILL INTO A HERO.

    IN INDIA TOO WE HAD SUCH DOCTORED POLLS TO PROP UP GANDHI AND BR AMBEDKAR AS GREAT HEROES .. OF COURSE WE HAVE STOOGES LIKE ROTHSCHILDs APCO BRANDED MODI PRAYING TO THEM AS SOON AS HIS BEADY EYE SPOTS A CAMERA.

    http://ajitvadakayil.blogspot.in/2012/08/cnn-ibn-poll-greatest-indian-since.html

    A CNN poll showed 36 percent of Americans approve of Trump. If so how does so may people attend your rallies

    CONTINUE TO FUCK THE GALLUP POLLS USING YOUR RALLIES. DOLE OUT RED TRUMP CAPS

    TODAY CNN HAS ZERO CREDIBILITY

    I FEEL LIKE PUKING WHEN I SEE THE SLIMY FACE OF THE LYING IRANIAN JEWESS CHRISTIANE AMANPOUR

    http://ajitvadakayil.blogspot.in/2017/04/the-most-evil-journalist-capt-ajit.html

    EVERY POLL CONDUCTED BY JEW ROTHSCHILDs COMMIE UNIVERSITIES LIKE UC BERKELEY AND COLUMBIA ARE FAKE

    I WAS SO SURE ABOUT THE FAKE NEWS - I DID A 11 PART SERIES ON HILLARY CLINTON--WHICH WAS BURIED BY GOOGLE USING VESTED ALGORITHMS

    http://ajitvadakayil.blogspot.in/2016/10/donald-trump-for-president-capt-ajit.html

    TRUMP--KEEP COCKING A LOUD SNOOK AT THE FAKE MEDIA . DO IT LOUD AND HIGH PROFILE. SHOW THEM THE MIRROR . TELL THEM THE PRE-PRESIDENTIAL POLLS ARE AS FAKE AS THE PRESIDENTIAL RATINGS POLL.

    ROTHSCHILDs MEDIA AND HOLLYWOOD MUST NOT BE ALLOWED TO BE KINGMAKERS.

    THERE ARE LAWS IN USA WHICH PUNISH NEWS MEDIA DELIBERATELY SPREADING FALSE NEWS .

    TRUMP--WATCH THE MOVIE "AMERICAN MADE" .. THIS MOVIE WAS MADE JUST TO WHITE WASH THE EVIL CLINTON COUPLE.

    ALL US DRUGS FOR GUNS DEALS WERE DONE FROM THE WHITE HOUSE 


    THE WORST PART IS THAT DRUGS FROM VIETNAM AND AFGHANISTAN CAME TO USA IN BODY BAGS --THIS IS THE PITS ..
    Plastic-wrapped drugs were shipped into the USA from Afghanistan and Vietnam in the bottom of caskets, in body bags, and even in body cavities. Boxes and crates, which were sent back to the states, carried heroin and cleverly coded labels alerted CIA operatives as to where to look.

    VIETNAM AND AFGHANISTAN WARS WERE A RUSE TO MAKE ENORMOUS DRUG PROFITS --WITH WHITE HOUSE APPROVAL.

    CONTINIUED TO 2




    1. CONTINUED FROM 1-

      http://ajitvadakayil.blogspot.in/2011/07/gulf-of-tonkin-lie-capt-ajit-vadakayil.html
      THIS PLANETS NEWS IS CONTROLLED BY JEW ROTHSCHILD. RAM IS CONVERTED TO RAVAN AND VICE VERSA

      http://ajitvadakayil.blogspot.in/2015/11/pol-pot-of-khmer-rouge-great-cambodian.html


      BLACK NFL PLAYERS WHO TAKE THE KNEE DURING UN ANTHEM MUST KNOW THAT THIER COMMUNITY WERE MADE DRUG ADDICTS BY THE WHITE HOUSE --YES-- WITH POTUS APPROVAL.

      IN USA ALL KNOW OF THE SHELL COMPANIES IN DELAWARE.. BUT EVEN TODAY NOBODY KNOWS OF THE SHELL COMPANIES WHICH DID MASSIVE DRUG MONEY LAUNDERING IN MENA ARKANSAS DURING THE GOVERNORSHIP OF BILL CLINTON

      BARRY SEALS OWN SHELL COMPANIES IN MENA HAD THE PREFIX - ROYALE

      Royale Sports, Royale Television Network, Royale Liquors, Royale Casino, S.A., Royale Pharmaceuticals, Royale Arabians, Royale Seafood, Royale Security, Royale Resorts etc

      US Congress passed the Boland Amendment (to the House Appropriations Bill of 1982 and following years), which prohibited the appropriation of U.S. funds by intelligence agencies for the support of the Contras.

      The money was passed through a shell organization, the National Endowment for the Preservation of Liberty, to the Palmer National Bank of Washington, D.C., and then to the Contras

      BCCI WAS THE DIRTIEST BANK OF THEM ALL RUNNING HUNDREDS OF SHELL COMPANIES.

      TRUMP--YOU HAVE JUST WOKEN UP ABOUT HABIB BANK, RIGHT ? WHAT TOOK USA SO LONG ?

      https://www.msn.com/en-ae/money/news/pakistans-habib-bank-shuts-us-operations-after-hefty-fine/ar-AAqPG8y?li=BBqrVLO

      JEW Agha Hasan Abedi founded BCCI .. Rothschild's agent Agha Hasan Abedi migrated to Pakistan in 1947. He received his master's degree in English Literature and a Law degree from Lucknow University, India.. He began his career in 1946 with Habib Bank ( created and owned by Jew Rothschild in 1941 using JEW Jinnah in Mumbai )

      Today HBL has 1730 branches with presence in over 27 countries --the largest company in Pakistan in terms of assets,

      On 18 April 2016, HBL received license to operate a subsidiary in Xinjiang, becoming the first Pakistani bank to operate in China --at Urumqi High-tech Industrial Development Zone.

      In September 2017, HBL agreed to pay a fine of $225 million in an out of court settlement with the New York State Department of Financial Services (DFS) against 53 separate violations allegedly committed between 2007 and 2017

      TRUMP-- YOU CANNOT DRAIN THE SWAMP UNLESS YOU HAVE INSIDE KNOWLEDGE

      capt ajit vadakayil
      ..


    ###### SUBJECT --LIFE BAN ON SREESHANT ########## BIG FISH GOT AWAY ... EVERY INDIA HAS THE FUNDAMENTAL RIGHT TO EARN A LIVING... THE JUDGES OR FOREIGN CONTROLLED NGO BCCI CANNOT STOP IT....WE ASK SREESHANT... SUE BCCI FOR 100 CRORES...ALSO WRITE TO THE HOME MINISTER TO PUNISH THE POLICE OFFICER WHO PUT A BLACK BAG ON YOUR HEAD... THE POLICE OFFICER HAS FLOUTED THE RULES... BRIBES POLITICIANS HAVE KEPT BCCI ALIVE.... ONLY EIGHT AND A HALF NATIONS PLAY CRICKET.... BY PUTTING BLAME ON SMALL FISH LIKE SREESHANT , BIG FISH WHO RUN SHELL COMPANIES AND DEAL IN THOUSANDS OF CRORES OF MONEY LAUNDERING HAVE GOT AWAY.... WHAT POWER DOES A NGO LIKE BCCI HAVE OVER A INDIAN HUMAN ?.... BCCI IS JUST AN NGO.. THEY HAVE NO POWERS AS PER THE INDIAN CONSTITUTION...... BCCI IS AN NGO-- PREVIOUSLY FOREIGN FUNED….MOST OF THE TOP BCCI OFFICIALS WERE CRIMINALS-- ALL KNOW THIS….BCCI WAS RUN BY MAHARAJAS BEFORE -- MOST IN THE CONTROL OF JEW ROTHSCHILD….The Board of Control for Cricket in India (BCCI) was formed in 1928 by Jew Rothschild as a society, registered under the Tamil Nadu Societies Registration Act….. ..The BCCI logo is derived from the emblem of the Order of the Star of India, the British Raj emblem during the colonial period……NOT ONE CRICKET PLAYER OR OFFICIAL ATTENDED SHREESHANTs MARRIAGE ... THESE COWARDS WERE AFRAID OF BCCI..... SO MUCH FOR INDIAN TEAM SPIRIT.... SPINNER BHAJJI SLAPPED SPEEDSTER SREESHANT WHO HAS THREE TIMES MORE POWER THAN HIM IN A CROWDED STADIUM.... HEY BHAJJI-- WANNA REPEAT THIS IN AN ABANDONED BUILDING WHERE ONLY ONE MAN WALKS OUT ALIVE.... HIMMAT HAI?.... FIND OUT THE SHELL COMPANIES USED BY IPL OWNERS AND BCCI BOSSES ... google for the blogpost below--- ...................................... TRAVESTY OF JUSTICE, SREESANTH AND MISUSE OF MCOCA VADAKAYIL ..................... and ................................. SHELL COMPANIES for money laundering, tax evasion, hiding kickbacks, layering PART 33 VADAKAYIL..................... capt ajit vadakayil ..

    https://timesofindia.indiatimes.com/city/chennai/searches-by-i-t-ongoing-at-places-belonging-to-associates-of-sasikala/articleshow/61611957.cms

    MODI JUST STIRS THE POT FOR VOTES

    NOT ONE SINGLE BIG FISH IS IN JAIL




    1. DEMONITISATION HAS EXPOSED SHELL COMPANY HOLDERS

      IN INDIA SHELL COMPANIES ARE THE SINGLE LARGEST SOURCE OF HOARDING , HIDING AND LAUNDERING BLACK MONEY.

      64% OF BLACK MONEY IN INDIA IS PARKED IN SHELL COMPANIES
      MODI JUST MILKS VOTES-- HE HAS NO INTENTION OF JAILING ANY BIG FISH

      AMITABH BACHCHANs NAMES EXISTS IN BOTH PANAMA AND PARADISE PAPERS

      TILL THIS BLOGSITE WROTE A 33 PART BLOG ON SHELL SERIES NOBODY KNEW WHO ENRON SCREWED INDIA WITH THE HELP OF DESH DROHIS .. MODI WILL GIVE PADMA VIBHUSHAN AWARS AS LONG AS HE CAN MILK VOTES

      WHAT A IMMORAL AND SPINELESS LEADER GUJJU NO 2 HAS TURNED OUT TO BE..

      read all 33 parts --

      http://ajitvadakayil.blogspot.in/2017/02/shell-companies-for-money-laundering.html

      capt ajit vadakayil
      ..

    http://www.ibtimes.co.in/shell-companies-govt-probe-found-1-3-lakh-firms-operating-without-pan-749594

    MODI KEEPS STIRRING THE POT FOR VOTES

    MODI HAS ALLOWED COLLEGIUM JUDICIARY TO SHIT ON BHARATMATAs FACE



    CAPT AJIT VADAKAYIL
    ..