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aryarup..mumbai review: COMITMENT FAILED 1

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ARYARUP COMPANY KA BUSSINESS .GAYA..COMMITMENT FAILED..

SO FRIENDS..DONOT WASTE UR VALUD TIME AND MONEY..WORK

WITH..UNIPAY2U.COM..AUTO WITHDROWAL SYSTEM..COMPANY WONER OF TRADE MARK LINCENSE AND V A T CERTIFICATE..
WHICH PROVIDE GOVT. OF INDIA..

GOOD DAY..
CONT=[protected]@GMAIL.COM

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ARYARUP  news SEPT-2011
ARYARUP news SEPT-2011
IN
Sep 09, 2011 2:31 pm EDT

BIG FROUD OF
ARYARUP TOURISM CLUB & RESORTS PVT LTD.

1)MUMBAI: A team of the economic offences wing (EOW) filed an application before Pune's Pimpri court seeking the custody of Vasuda Deshmukh, former director of fraud firm Aryarup Travel and Club Resort. Vasuda will be questioned about her absconding husband Ravindra's whereabouts and the estimated fraud amount, said a Mumbai police official.
The Deshmukhs are accused of duping citizens across the country by promising high returns on their investments. A source close to Vasuda said, "She has not committed any crime. When She resigned from her post in October 2009 and an FIR was registered against the firm in October 2010. This is a deliberate conspiracy to malign her image in the society."There is one flat in Pune in Vasuda's name. Her son and daughter are studying in school and junior college in Pune.
The EOW had recently issued lookout notices against Vasuda and Ravindra. Sources said the firm's turnover was in excess of Rs 1, 000 crore per annum. Aryarup claimed on various websites that it distributed over Rs 900 crore to its investors in one year. The firm also said that 400 of its investors had earned over Rs one crore. "Vasuda had not duped anyone. She was going through trauma whenver she would see her name in newspapers. She then decided to surrender and face the court. She could not attend school and college functions of her children. "The police would go everywhere and she was living in a state of trauma. Finally, she has surrendered and will face the trial, " the source said.Police teams from Haryana, Gujarat, Buldhana, Nashik, Nanded, Solapur, Parbhani, Jaipur, Thane, Navi Mumbai, Jalgaon, Bhusawal, Pune and Latur are reaching to Pune to take Vasuda's custody. The Deshmukh have allegedly committed fruad in all the above places.
2)MUMBAI: Former director of fraud firm Aryarup Travel and Club Resort surrendered before the Pune police last week. Vasuda Deshmukh, who is wanted in the multi-crore investment scam, will be brought to the city this week.
Sr. P.I. Nandkumar Bhosle Patil from Nigadi police station in Pune said, "We have arrested Vasuda for a year-old fraud case. She is being questioned."
The city economic offences wing pune (EOW) had registered an FIR (72/2011) against Dattatrya Kisan Gadge, Rajendra Sitaram Gaikwad & CMD Vasuda and her husband Ravindra in march 2010. The Deshmukhs floated several schemes in Gujarat, Haryana, Jaipur, Bangalore and Maharashtra. Investors were promised annual returns of 86% to 96% if they put in Rs 5, 000 and more in the schemes. Investors who brought in others were entitled to additional returns. The company had opened accounts of its investors on its website. "The suspects allotted login names and passwords to the investors and told them that their profit would be automatically transferred to their accounts. The Mumbai police are investigating the case under various sections of the Indian Penal Code and the Prize Chits and Money Circulation Schemes (Banning) Act, 1978, " said a police officer.
The EOW had recently issued lookout notices against Vasuda and Ravindra. Sources said the firm's turnover was in excess of Rs 1, 000 crore per annum. Aryarup claimed on various websites that it distributed over Rs 900 crore to its investors in one year. The firm also said that 400 of its investors had earned over Rs one crore. Two plots, totaling 75 acres, owned by the company directors were attached by the EOW in February this year. The total value of these plots is around Rs 12.30 crore, said sources. Besides, 17 bank accounts in which investors had deposited Rs 12.5 crore have also been frozen.
The firm had branches in Haryana, Gujarat and other states. In Maharashtra, the firm set up its offices in Buldhana Nashik, Nanded, Solapur, Parbhani, Jaipur, Thane, Navi Mumbai, Mumbai, Jalgaon, Bhusawal, Pune and Latur, among others. Sources said Aryarup could have more than one lakh investors Daniel Pranjal, chief of direct selling consultancy firm Strategy India, said, "Several individuals start such companies promising high returns with the knowledge that they would have to keep getting money from new investors to pay off the old ones." Pranjal said there are over 300 such companies operating in India and the schemes would have mobilized over Rs 7, 000 crore till date.
Directors of Aryarup Travel & Club Resort-Ravindra Deshmukh and his wife Vasuda-are accused of duping over 1, 000 people by offering to double their investments.

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