Misty Abacus review: Fraud Company 5

The economic offences wing (EOW) of the mumbai police is investigating a con job spanning five states over nearly three years and involving at least six Men and a woman who cheated 25 news publication of advertising revenue amounting to more then Rs.6 core and bankrupted several accredited advertising agencies. The size of scam be came apparent as investigators probed deeper after the first arrest by the eow on January 24 kriashan Mohan and alok dalmia are presently judicial custody charged with cheating forgery and creating false document five others are named in the case Prafulla verma mukesh chopra vibhay agrawal Anjani Ray, Jayswal and Ankita mohan all five are on the run there are similar complaints against the accused register at oshiwara police station said additional commissioner of police (EOW) SV date the economic offences wing got involved after A Dadar based agency filed a complaint with us investigations are in progress “
The EOW has found that accused had started their operation in mumbai a year before ad operating out of makeshift office in oshiwara and Andheri

According to EOW and Indian news paper society (INS) official the seven accused took advantage of the 60 day credit facility that news papers and magazines offer to advertising agencies which are accredited with INS the accredited agencies also received a standard 15 per cent commissions from the newspapers on the total bill

The EOW probe has found that accused forged relationship with mid-size accredited advertising agencies across mumbai, suburbs claiming they have established network which will ensure they got bulk business from non accredited agencies as they enjoy 60 day credit facility

The accused also promised a higher commission –25 per cent. In all cases the bait was advertisement assignment for up coming resort apparently being developed by a company GSM private limited the accused claim to have floated as the accredited agencies prepared advertisement for the resort they were given bulk advertisement for the others services and companies these advertisement got published in the newspapers. The accused would collect the money from the clients (companies) or non-accredited agencies but not pass it on to the accredited agencies. In turn the accredited agencies are unable to PAY the newspapers many agencies went bankrupt and lost their accreditations say ins official adding that by the accused bounce they have left the scene according to pawan chopra Secretary general INS new Delhi at least nine reputed accredited agencies across country were served with noticed of disaccreditation after they failed to clear the outstanding credit. He said the loss of ad revenue to publication is over 6 crore
The scam according to INS credit monitoring records seems to date back 2004 when chandigarh based agency Mohit advertising floated by director Prafulla verma and shikha verma ___ defaulted in the payment of tune Rs.1.4 crore. And with that starting defaults in the payment to leading newspapers by accredited agencies across north India who alleged that they had been cheated by Prafulla verma and Krishna Mohan in one instance Mohan introduced himself to Delhi based kolson advertising whose clients include Akai, Videocon and kinetic
The accused allegedly offered to buy the agency and the meantime got it to release advertising worth lakh through them. They also convinced the firm to open a branch in mumbai as they promised business from new territories

The advertisement were placed the client’s payment were collected by Mohan but the money never reached to kolson finally at the time of payment to the tune of Rs.3.7 crore to the newspapers. Mohan had fled

Another agencies in Patna suffered huge losses after Gold Diggers an agency floated by Mohan field with lakhs. According to ins official they keep switching identities so every time they float a new company there is planned pattern that follow to dupe agencies”

Dear All,

I understand that there is a lot of baseless allegations floating around . Its very sad that people mindlessly write things without bothering to verify the facts . I would not want to give any sort of explanation without knowing you . So kindly provide me with more details as to how you are associated with us . Also kindly note that we reserve our right to take ness legal actions for baseless allegations and maligning our reputaion . If you have any geniune griveance please feel free to write to me or meet me at office or my residence.

In fact about my story about jail was 100% wrong.I am under the scaner just due to having friendly or business relation with Krishana Mohan (Who is the director of Kalcomp System Pvt Ltd, Virtual Acedemy Ltd & Arun kumar, Hardik mehta, Sanjeev Kriplani is the staff of said company) but now my all the matter was resolved by the court.

We do not have any financial problem.If any one want to meet feel free to come and meet me at office.

Best Wishes

Prafulla Verma
336/2nd floor,
Sant Nagar, E.O.K.,
New Delhi-110065.

Prafulla verma is a fraud person he has created many more company and cheated public in crore

Ins officials say accused cheated news publications of over Rs.6 crore in ad revenue

Accredited ad agencies conned police arrest 2 look for 5 others

Smita nair
Mumbai mach 28

The economic offences wing (EOW) of the mumbai police is investigating a con job spanning five states over nearly three years and involving at least six Men and a woman who cheated 25 news publication of advertising revenue amounting to more then Rs.6 core and bankrupted several accredited advertising agencies. The size of scam be came apparent as investigators probed deeper after the first arrest by the eow on January 24 kriashan Mohan and alok dalmia are presently judicial custody charged with cheating forgery and creating false document five others are named in the case Prafulla verma mukesh chopra vibhay agrawal Anjani Ray, Jayswal and Ankita mohan all five are on the run there are similar complaints against the accused register at oshiwara police station said additional commissioner of police (EOW) SV date the economic offences wing got involved after A Dadar based agency filed a complaint with us investigations are in progress “
The EOW has found that accused had started their operation in mumbai a year before ad operating out of makeshift office in oshiwara and Andheri

According to EOW and Indian news paper society (INS) official the seven accused took advantage of the 60 day credit facility that news papers and magazines offer to advertising agencies which are accredited with INS the accredited agencies also received a standard 15 per cent commissions from the newspapers on the total bill

The EOW probe has found that accused forged relationship with mid-size accredited advertising agencies across mumbai, suburbs claiming they have established network which will ensure they got bulk business from non accredited agencies as they enjoy 60 day credit facility

The accused also promised a higher commission –25 per cent. In all cases the bait was advertisement assignment for up coming resort apparently being developed by a company GSM private limited the accused claim to have floated as the accredited agencies prepared advertisement for the resort they were given bulk advertisement for the others services and companies these advertisement got published in the newspapers. The accused would collect the money from the clients (companies) or non-accredited agencies but not pass it on to the accredited agencies. In turn the accredited agencies are unable to PAY the newspapers many agencies went bankrupt and lost their accreditations say ins official adding that by the accused bounce they have left the scene according to pawan chopra Secretary general INS new Delhi at least nine reputed accredited agencies across country were served with noticed of disaccreditation after they failed to clear the outstanding credit. He said the loss of ad revenue to publication is over 6 crore
The scam according to INS credit monitoring records seems to date back 2004 when chandigarh based agency Mohit advertising floated by director Prafulla verma and shikha verma ___ defaulted in the payment of tune Rs.1.4 crore. And with that starting defaults in the payment to leading newspapers by accredited agencies across north India who alleged that they had been cheated by Prafulla verma and Krishna Mohan in one instance Mohan introduced himself to Delhi based kolson advertising whose clients include Akai, Videocon and kinetic
The accused allegedly offered to buy the agency and the meantime got it to release advertising worth lakh through them. They also convinced the firm to open a branch in mumbai as they promised business from new territories

The advertisement were placed the client’s payment were collected by Mohan but the money never reached to kolson finally at the time of payment to the tune of Rs.3.7 crore to the newspapers. Mohan had fled

Another agencies in Patna suffered huge losses after Gold Diggers an agency floated by Mohan field with lakhs. According to ins official they keep switching identities so every time they float a new company there is planned pattern that follow to dupe agencies”

The bail application of the Mohan and Dalmia will come up for hearing tomorrow in the city court

Mumbai 2
CR 04/07of EOW Unit 3 U/S [protected] 120B
Charge sheet no CC/900871/PW of 2007
From 2nd August 2007 to 2nd may 200

Dear all,

We are planning to bring SK mohan to pune, if any one from pune not registered their complaint against kalcomp please do so.

and Mr 420 verma, u used sit in Bhavani peth office with another ### Hardik Mehta, ur time will come.

Above message and all faltu stuff is written by none other ### Hardik Mehta.
So u 2 next before posting beware ur IP address is been tracked with the help of this site and Police.and u people soon be tracked.
If anybody from mumbai know where about of Sanjeev Kishan Kriplani please do mail us as we have arrest warrant against him also.
any body from pune (execpt we six members ) please register their complaint or mail us

Dear Sir/Madam

Myself Raju kumar, At:-Kalyanpur More Nohta, Fatuha. I have already discussed I sending the mail that you required please take the action against this.

I have complaint against your agent named Neeraj Kumar, Father name is Krishna Prasasd, Village: Bakipur Gorakh PO: - Fatuha. Code:-021015 · This person is doing fraud against me since 1 Year.· I have taken a policy from Neeraj kumar before one year. That time I have Paid 15000 to neeraj kumar by cheque & remaing amount is already paid in cash. They tell me that I paid all amount in a our single cheque, because lic did not allow partially cheque and cash for a single payment.· After one month they tell that I have continue your policy I means you are insured by lic.· They give me Recipt of payment and a details of our policy, my Policy No:-[protected].· They tell me you have paid every year your premium amount.· This time I am going to paid the premium and found that his cheque is disowned and I am not insured this period. · Document aginst this: Bank Statement Receipt of LIC Status Report of LIC Calls recording Between Raju kumar and Neeraj kumar All Document are presented by me when you required.
Waiting for your reply.

Thanks & Regards
Raju Kumar
Mob:[protected]
Policy No:[protected]