Ram Sumarian Pal, one of the three masterminds, confessed to duping people through the Speak Asia scam. He said he used to flee to Malaysia through Kathmandu whenever he felt he was under threat
Moneylife Digital Team
Exposing the Speak Asia online survey scam further, the Delhi police have arrested Ram Sumiran Pal, one of the three masterminds behind the multi-level marketing (MLM) fraud estimated at Rs2,200 crore. The police are now searching for the other two ‘masterminds,’ his brother Ram Niwas and Manoj Kumar Sharma. Speak Asia is among the 87 companies being probed by the Serious Fraud Investigation Office (SFIO) for allegedly running Ponzi or money circulation schemes.
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