Click Here To Know Why Speak Asia Is Fraud In Detail

Why Speak Asia Is Fraud!

In our country - India, notifying people about fraud being done by a company by analyzing the facts and presenting it before them is a crime in itself. When we work for something we constrict our angle of thoughts to the least possible, we become too narrow to think for more! The same case happened with us when we thought about 'enlighten' people about the possible fraud done by a company named Speak Asia Online.

 Now this is supposedly a survey company which charges 11000/- rupees on registration and gives 500 per survey with 2 surveys per week up to 52 weeks, so you get a booty of 52000/- after the end of the year. The other way to earn is by referring people to join it in which people earn some commission. We came to know about this Speak Asia thing several months back and it never appeared enticing to us, even an FD with interest rates in single digits is more beneficial than this risk-laden ponzi model. Let us list the points under which the scheme's objective are better exposed:

1: Speak Asia Online have got Non-Compliance status in Singapore for its registration.

2: MLM companies are not legal in Singapore, read point 9 of:

3: Speak Asia Online had renamed their company numerous times.

4: Speak Asia Online have named few clients but all denied any associations.

5: Speak Asia Online provide receipt in the name of E-Zine Magazine which will provide it an excuse if it does not provide any future survey.

6: It is a clear MLM scheme in which money is distributed by newer joinees, the day when new joinings would decrease then Speak Asia Online company may:
(a) Run away
(b) Close down, go bankrupt
(c) Increase its registration charges, or decrease payout etc.
(d) Stop the surveys.

7: Several scams have occurred in the past like ebiz, stockguru, gold scheme offering 20% return scam etc.

8: Speak Asia Online don't have any office in India.

9: The rule of the country only provides action in case the company runs away hence people may believe in it till it's operational.

10: The people who are getting new joinees under them will prove to be the worst suffers as the joinees will demand money once it closes and their relations will also turn sour.

11: Nothing has been disclosed about how many workers(or panelists I guess?) Speak Asia Online have in Singapore, Malaysia, etc.

12: Why Speak Asia Online are performing their business through mediation, is it simply to have an easy escape route?

13: Why Speak Asia Online pay as per $ Conversion rate of 50? No Sensible company would do this!

14: Accepted People are presently benefiting from it, I never said they are not providing profits to people, but the dilemma is the people who will join last or will join with numerous ID's would be slapped hard!

15: It's true that Company's ads have appeared in IPL, NDTV, actors have performed for Speak Asians, but then remember - Channels and Actors are all there for business, money speaks for them! :)

16: No Genuine Survey company would allow registration of multiple ID's from the same person and no company would like to associate with such kind of a survey company!, this is just ridiculous!

17: Star panel is paying for it's own surveys and not charging any money for any bullshit subscription like E-Magazines, hence it is not an MLM company!

18: Why have Speak Asia Online not taken any legal action against the news channels who have supposedly defamed(exposed) them, does being scared to file up a case sum up to being guilty?

19: "Total cash request in a year cannot exceed your referral income from sale of e-zines", wow, they clearly point out in their F.A.Q. section that it is an MLM company!

 20: The website just speaks of rewards and income, but wait a minute if they are into business they should also have a page on their website for their clients, like conduct survey with us and reach people, but naah, Speak Asia Online have a treasure and they are busy giving keys of the treasure to people, can such a business which does not invite clients and has just workers ever sustain? Think logically not erratically!

21: The Legal proofs provided by the company is just a farce, what has the form formats, and poor quality scans with words such as "hand-pump cylinder"(if you observe closely) got to do with the legality of the company?

22: The title of the company's website clearly says " :: The Survey Company", so why has the company denied that it's main business is by surveys!
Update: Now the title has been changed to:

23: Why is the Chairperson of Speak Asia Online Ms. Harendar Kaur behind the scenes in this much needed time, it only intensifies the mystery.

24: Why did speakasiaonline charged Rs. 200 from people wanting to attend the press conference, if they did not wanted 'beggars' to attend the conference as they say then they could have sent personal invites to the members, charging members does not make much sense.

25: This one is talked much about these days: That Speak Asia might be changing it's name soon, well if they want to maintain the 'brand' why change it's name?

26: SpeakAsia puts on their website: "Singapore is an already well served Panel location. The SAOL operations in Singapore are limited and the panel size is very small. Thus no surveys are being done there.", On one hand they are saying well served and then they say panel size is small and no surveys? That's not quite jelling, Right?

27: Why is Speak Asia Online continually delaying the payments, if they have genuine objectives then they should work in a genuine fashion!

28: The website recently mentioned by it's newletter that it sent about 507 vouchers. 2 Million people and 507 vouchers that's like a drop in the ocean! or as they say in Hindi movies - "Bahut beinsaafi hai!"

29: The YUG merchandize purchase is said to be 10% by reward points and rest 90% by CASH, even regular shopkeepers may give that much discount, what's so special about the YUG brand then?

30: Why contradictory statements have been given about Bangladesh as mentioned here:

31: Speak Asia earlier said that it has its business in many countries but now its new website has only India as a country option to register, why so? What happened to the foreigners?

32: Why No e-mail is given to panelists for contact purpose, Such a large company needs to provide a contact email at the least, is it that they want to avoid giving direct answers to panelists and just want to showcase their blabber through popups?

33: If still anyone believes in Speak Asia then make a registered deal with us worth 1 Lakh Rs. that the company won't run or close down or stop providing surveys or will not raise registration amount in next 1 year and we will be a very happy team.

 We wonder if people search before joining what MLM, Ponzi, etc is all about and if they search about company before joining it, several of our friends and relatives have joined the scheme and are asking us to join the same, even people who are high up in this model are accepting it will close down some day but still are ready to take the risk.

 Now one crucial fact remains that the present Speak Asians who are benefiting from the same are not able to take anti-SA information with grace, the reason is that they might be benefiting from SA at present but are at the helm of a great danger. They will never think about people who have joined late with numerous ID's and will lose their hard earned income! Some CEO or COO of the company or whatever told the audience that this is happening and they intimated to people in a conference earlier that this was bound to happen so they are right - Well Mr. CEO or COO or whatever: If you have a model like this which is deceptively presented to people this thing would happen anyway, so there's not much credit to give!

 Also the Legal Advisor said that surveys is an added benefit for SA and primary business operation is the subscription of its E-Magazine and it may stop surveys anytime, which again fortifies our point no #5, #6(d). But to our shock the Speak Asians are rejoicing after this declaration, We don't know if they are loving to be pushed from the top of a cliff! We guess they are under the effects of any drug that's why illusion is up to their liking, now they are liking any positive news be it from any source, We saw some news on personal blogs that RBI, SEBI etc have acquitted SA and people seem to believe in it like it is coming from some official source!! - Unbelievable

 Anyhow, We am not against any Speak Asian, But We are surely against corruption under deception... that's why We thought to pen down our views... It's up to people to take our views with grace or to neglect them. :) , But anyways this is getting more exciting than the worldcup but there is just one difference - We know it's outcome :)


See One of the dubious images we found on the internet that claims so many clients!:

The FAQ section has also been lately updated to dupe its workers!, see the images below:
FAQ before:
FAQ Afterwards (note the highlighted change):

(If you are really against corruption then we know you will definitely share this page with your friends and relatives or social communities and will click the like button; at least its better than passing chain mails!!) ( facebook  like button and facebook share can be found at the top left corner of the page and other share buttons below this post )



    Anonymous said...
    Nice Information, I think this message must be spread!
    May 21, 2011 4:08 AM

    Shyam said...
    It would have been banned a year ago if it would be an MLM company...right brother?
    May 21, 2011 5:02 AM

    Mitali said...
    cnot log in site help me?
    May 21, 2011 8:33 AM

    narayana said...
    May 21, 2011 9:58 AM

    Rishabh c.k. said...
    i think company wil run in 1 month what u think?
    May 21, 2011 12:27 PM

    Anonymous said...
    u need to get some info bro , it's non complaince wud b removed on 31st may , it'll b having a infrastructure in India soon. Watch d interview f CEO f SA all ur doubts are answered der. Goodluck.
    May 21, 2011 2:10 PM

    Anonymous said...
    ANSWER THESE MR.know it all....

    Q.1 Do you really think that SpeakAsia is a scam company? Yes or No.

    Q.2 Is there any company who highlighted in media as scam, have ever called a press conference?

    Q.3 If SAOL is a scam then why they have called Press Conference today?

    Q.4 They said they cant disclose the list of their clients due to the Non Discloser Agreement with their client, then why u can't sign NDA with SAOL to get satisfied with the list of client.

    Q5. SAOL is very popular in India due to its ADDs in TOI and in IPL in last two months, Only due to their popularity all the media are behind them, there are many others companies also who are into same business, why the media is not covering those compaines?

    Q6. SAOL is paying to its user from last 11 months if they are really a scam why they are paying?

    Q7. Why they have organise the GenX bazaar in GOA and invited biggest brands of India into it, if they are believe to be a scam?

    Q8. why any Govt official not giving any statement on SAOL?

    Q9. You may have seen the following comments on your post about SAOL, Can u tell me anyone who is against it.

    Q10. Please tell me any person or proof with whom SAOL have done a scam.

    I hope you will provide the answers to my questions and provide the information to the users who are reading to post.
    May 21, 2011 2:30 PM

    Anonymous said...
    why did u delete my previous comment mr.know it ALL
    May 21, 2011 2:45 PM

    Anonymous said...

    No comment has been deleted, you have to refresh the page to see your comments :)

    1. "will be removed" is a very vast term, talk about the present time.

    2. "will be having an infrastructure in India soon" is again a very vast term, talk about present

    3. Tell the CEO to come here and answer all the questions here :)
    May 21, 2011 8:39 PM

    Anonymous said...

    The company may run for 1 month or 2 month but cannot sustain!
    May 21, 2011 8:41 PM

    Anonymous said...

    Sure I will write on those companies also, good to see you people are liking this post.


    well I have not much idea about how to help you!
    May 21, 2011 8:43 PM

    Anonymous said...
    It is a joke in Kerala that there is no petty criminal in Kerala now, as they have all become directors or leaders of MLM/Moneychain companies
    May 21, 2011 10:45 PM

    Anonymous said...
    @Above person

    Yeah, and another big joke is that people continue to support these MLM companies, they wait for a bigger tragedy!
    May 21, 2011 11:03 PM said...
    @Anonymous 1

    June 17, 2011 10:04 AM said...

    1 Year ago nobody raised voice that's why!
    June 17, 2011 10:05 AM said...

    we will wait when it has infrastructure in India
    Goodluck you too
    June 17, 2011 10:13 AM

  2. said...

    Q1 yes

    Q2 No

    Q3 Because they are trapped and can't run easily

    Q4 Why to keep it private if they are sure about t!

    Q5 Media grabs the wickest criminal

    Q6 You need to know what is a Ponzi Scheme

    Q7 You pay me 1 Cr and I'll invite international brands for a fest

    Q8 Vote Banks probably

    Q9 Every wise person is against it

    Q10 Time will tell
    June 17, 2011 10:13 AM

    Anonymous said...
    You are a great looser man.. Jealous with the success of Speakasia.

    June 24, 2011 9:29 PM said...

    I am not a loser, I want to open eyes of people who blindly trust without seeing their facts!
    June 27, 2011 9:31 AM said...
    I have noticed some people have started reporting this blog as abuse, please don't try to end this blog, instead try to enlighten the gullible people and relatives by sharing this blog with them.
    June 27, 2011 9:41 AM

    speak asia rocks - marudhar said...
    Guys dont listen to this traitor. anyone having doubt about speak asia just give me your id here and i will send you proof that will clarify all you doubts that speak asia is genuine. i will also provide payout and other details.

    speak asia rocks!
    June 28, 2011 11:53 AM

    Dheeru said...
    see the news of Speak Asia Fraud You are Right Dear.
    July 6, 2011 7:01 AM

  3. Survey said...
    Eisme Kois Shaak nahi ki Speak Asia Fraud ..but Jaise unhone jogo ko phasia hain.. ouska jawab nahi .. They Make a New Bread name Speak Asians but aab jaab logo ki ankhi khul rahi hain to 11,000 ka PIN 3000 mein bech rahe hain.. and Saying ... SALE SALE SALE..
    You Blog Information is Really Good.
    July 4, 2011 6:52 AM

    Fraud Companies said...
    Lots of Fake companies in the World .. But they get Idiots who think that they can multiply their money from companies like Speak Asia .. who can stop these fools.
    July 5, 2011 6:10 AM

    Dheeru said...
    see the news of Speak Asia Fraud You are Right Dear.
    Travel Vacations said...
    We Bookmark this website. writer Thoughts are appreciated and Thanks for Sharing on Net.
    I also want to share information about fraud companies in India . Their are 100 of
    companies who are doing survey work in many such as ram Survey has already cheated the people and run away .
    Still in india their are scams such as Speak Asia scam are still their.
    Speak Asia company has catched members more then 20 lakhs according to their information. You can get a review
    and decide your self whether the company is genuine or fraud. For Speak Asian's who still have their money in company pocket
    get in touch with Speak Asia Latest News .. visit daily to
    get exact information on day to day changes which are comming on the internet about the company.
    June 18, 2011 1:21 PM

  4. If it is genuine give detail of account opening paying dates or dont make fool

  5. @Anonymous

    Exactly friend, they are making a fool out of everyone!

    Hope all you nice people out their spread this message and save more people from being duped!

  6. done. repoted abuse against you since the owner copied and ditorted and misrepresented many of the contents from without the prior permission from the firm

  7. you are also fraud ,cause u flying rumours in the sky ,shame for you,you are against interst of common man.

  8. we are 20 lakh people we know fully whoz fraud and who is true dnt teach us

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Click Here To Know Why Speak Asia Is Fraud In Detail