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Indian's protect yourself from this fraud Indian Survey Company!

Discussion in 'BlackHat Lounge' started by indianbill007, May 12, 2011.

  1. indianbill007

    indianbill007 Jr. VIP Jr. VIP

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    Just watched this on TV today!

    This company SpeakAsia Online claimed to have Nestle, Bata and Icici turned out to be bunch of lies.

    Here is the complete news on youtube.

    http://www.youtube.com/watch?v=93VMHoiEa90

    This is url of the said to be scam company - http://www.speakasiaonline.com/

    Dont invest any money on them and warn your friends and family, until this clears up. India rather the world has seen enuf of this nonsense scams already. Save your investments and help yourselves.

    Edit: Couldn't get the english version of the video yet, still searching if some English news channel has covered this or not. If posting regional videos is not allowed, please edit the post. I am searching for English one, will update as soon as I spot it.

    Edit 2 : This guy has done an excellent analyses which I would like all of those to read who think its not scam OR WONT scam you in future.

    http://trak.in/tags/business/2011/05/10/speak-asia-online-scam-ponzi-survey/
     
    Last edited: May 13, 2011
  2. satyawrat

    satyawrat Jr. VIP Jr. VIP

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    The guy says 15 Lakh people have joined up with SpeakAsia... so 11k INR per person...
    11k X 1500000 = 16500000000
    This is around $366,666,666 :jaw:
     
  3. rrkjaiswal63

    rrkjaiswal63 Junior Member

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    I did few social internet marketing for them like digg submission,delicious,twitter and facebook.They say very high but I do not know.They are fraud or what?
     
  4. indianbill007

    indianbill007 Jr. VIP Jr. VIP

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    Didn't you see the video, that guy claims the clients as Nestle , Icici Bank and all big names but when then the news channels confirmed with them, none of it was true.


    They DON'T even have 1 single office in India, work completely online, don't you smell fraud?
     
  5. akashasnani

    akashasnani Regular Member

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    ohh...
    thanks man..!!
    i was just thinking to invest in speakasia.....!!
    really thanks..
    you saved my 11K..!!!
     
  6. RamChaturvedi

    RamChaturvedi Supreme Member

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    Well ,I my lil brother is already there and have been paid on time everytime!!

    Why not an office in India?
    A : For a survey company in india, it not compulsory to have an office according to our Indian constitution norms.

    I also smell something fishy in all this but as far as payments is concerned, whenever it reaches to 80$ you can generate a pin and they do a simple WireTransfer!!

    @ALL : I am not defending them, but just to let you know that this is BIG company of Singapore and have already invested crores in their AD's in recent IPL advertisements and holding HUGE events in GOA this moment!! :)
     
  7. indianbill007

    indianbill007 Jr. VIP Jr. VIP

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    They are NOT even registered as a company in India, what the heck are you talking about, see the full news coverage.

    They are just a gloomy website which can shut shop anyday and run away with all your monies.

    And yes all BIG scams in this country operate in the same manner.

    They pay small amounts at first, to win the confidence and trust of people, so more and more people invest in them.

    Once they get huge amounts of investments, they shut shops overnight run will all your money.

    Do I need to count in names of recent past? I don't think so!

    And about the HUGE ads you are talking about, a company which collected $366,666,666 from the hardworking taxpayers, they can do such ads easily. Why should they care, its not their hard earned money!
     
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  8. RamChaturvedi

    RamChaturvedi Supreme Member

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    I never said that about its registration in India and if you talking on behalf of some NEWS coverages, you also know what NEWS channel do these days!! Total BS...Not in a mood to get India TV in here lol :D

    See, there is a huge difference in "Doing a SCAM" and "CAN DO a SCAM"!! May be they wont may be they can, so its a lil early to guess the results on behalf of some crazy news channels!! :) Information displayed on news channel are not always correct, its just how its shown!! They always try to be first in everything, so sometimes the evidences they collect in hurry are not appropriate enough to conclude a result!! ;)

    If they have really collected this much, I dont think they would face any problems to pay their investors money on time!!
     
  9. beazt

    beazt Power Member

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    I am also a member of SpeakAsiaOnline. Since 90% of all survey sites are scam, I was hesitant to join them initially, but then my friends confirmed that they have been paid regularly. And once inside, I can see that they are indeed legitimate. You can tell this by the Fortune 500 companies or other brand that conduct genuine surveys, and are actually looking to get opinions of people about a particular product or service.

    They are making huge investments lately, this includes buying air time during IPL. This should itself tell you that they are not scam - Advertisement during IPL is expensive like hell and you would have to complete with leading MNC's to get the slots.

    A few months ago, I would have said exactly what OP is saying about them being Scam. But now that I received my payments on time and also I have seen how they work, I know for a fact that they are not Scam, at least not yet, lol.

    They are not operating only in India btw, their operations is spread in several asian countries. As far as that so called news channel is concerned, well I think most Indian know the lowly standard which most of them have hit. They don't give a shit about news, all they really care about is TRP ratings and this channel in particular is famous for one of the worst shows to be aired on any news channel, and even to this day every comedian can be seen making fun of that program's host.
     
  10. Knoxgates

    Knoxgates Supreme Member

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    Right now they are paying to establish some credability in the market. Once it is done they will flee within no time.
     
  11. Fxz.adi

    Fxz.adi Registered Member

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    News Channels Always Shows Rubbish..
    specially the hindi ones like star news , india tv etc...

    speakasia is not spam...

    my friend is using it and he earns about 5k pm.
     
  12. indianbill007

    indianbill007 Jr. VIP Jr. VIP

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    Lol, Dude I am not speaking on behalf of any news channel here. I know they are all BS and show shit a lot of the times, most of their breaking news is nothing but TRP tricks :D

    But, you should know for a fact that Iam not a kind of a person who jumps at some freaking news channel's breaking news and starts discussing about it.

    If you read my threads and follow my posts, you should know I don't utter crap and my posts have some weight and value.

    I have some very solid points to make and if you are really in the mood of debate so here they go.

    If you are a genuine company and don't have scam in mind, why do you claim to have big brands like Nestle, Bata, Icici as your customers where as in reality none of them are your real clients? Isn't lying about your clientele and fooling consumers UN-Ethical business practices?

    Just as an FYI for you, I was spammed by tons of my friends on FB to join this earlier, but I didn't.

    However, today I took a login from one of my friends and checked the internal panel of this so called scam system.

    And to be honest it was really a scam.

    All the so called high clientele surveys were real BS.

    Nothing which can make this company any money.

    They are just doing a kind of money laundering, which is a crime and they will be a booked soon. The probe has already started.

    There is NO real business model behind what they are doing, since they don't have any real customers who will buy these crap shit surveys from them.

    All they are doing is collecting money from new members and paying it to old members, a money rotation scheme we have seen in India for ages.

    Unless you have a business model which yields profits you are not here to stay.

    The math is simple, the picture is clear. Time will tell who has a better acumen.

    You have been warned!
     
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  13. liliput

    liliput Newbie

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    I also put some money in speakasia just few days back and now i am worried with so much of news in Ajtak, Tej and star news, if Speakasia could sustain. Although, till date there is no complain against them regarding non-payment
     
  14. indianbill007

    indianbill007 Jr. VIP Jr. VIP

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  15. _Chip_

    _Chip_ Senior Member

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    look at their alexa! :D .. they can put some ads though, in order to sustain for few extra days!
     
  16. adwaitk007

    adwaitk007 Junior Member

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    And you know guys! they will not get arrested! Even if they get arrested they will easily get out of custody within few weeks and can live a wealthy life!!

    That's what happens in India. A common man like us are not safe! You must be a politician or a scammer like this or a terrorist to live a nice,healthy and wealthy life in India!
     
  17. destination-target

    destination-target Regular Member

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    Thanks a lot.... They are just collecting trust.... then they will show there trustworthy. :D
     
  18. imserious

    imserious Senior Member

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    This is definitely a scam on the lines of home trade.
    Stay away from it.
     
  19. DeadEyesOpened

    DeadEyesOpened Junior Member

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    Looks like a classic Ponzi scheme.
     
  20. abhi007

    abhi007 Jr. VIP Jr. VIP

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    regarding your doubts about the nestle,ICICI thing to clear it they are holding a press conference and from the recent stats it has been confirmed that they are indeed partners of Speakasia and as far as the scamming thing goes they are truely a legit company.Make sure you see the live conference 2morrow hope that will clear your doubts hommie.You should know the fact that not a single person has come out and proved that they aren't partner with speakasia,the news channels they just wrote the negative stuff,no one from the company actually came farward and declared straight away that this company is selling illegal survey's.