EOW had completed their investigation and in november they will filed chargesheet

In a news article in times of india .They have published that eow had finished there investigation and soon they will filed a charegesheet soon in november .


Is it good for panelist , yes its a great sign in their 90 days of investigation they eow just able to find the banking transaction made by speakasia ,and there is no charges against speakasia which proves that speaksia clients were false . And the all transaction made by speakasia was in a legal way speakasia have followed every rule under which they have transferred the money .In eow investigation eow was also able to find the money which was distributed to the panelist .which is approx 1100 crore .The main charges agaisnt speakasia was that speakasia had operated in ponzi scheme for this to be proved they do not have any proof .



And other charges is chit fund act  if speakasia have no clients then this charges can be put but speakasia have shown their client list and the transaction made by clients to the speakasia has also bee given to eow .Means this charge can  not proved infact they do not have any evidence to put this on speakasia .

And other charges is money circullation  scheme in case of speakasia its not possible they pay there panelist for filling survey they never said any panelist that they will only get paid if they join new members so this charge can not be put .

And the other charges is voilation FEMA and we all know that due to the strict rule of rbi it can't be possible no money can be transferred to forign withought the permission we all know that speakasia was doing this for last one year means rbi and banks were aware of this .And the master franchisee have taken all the clearence from rbi to transfer money outside .So this act can not be put also from unconfirmed sources .They calim that a news was shown in aajtak that rbi had find nothing illegal in their investigation so this act can't be put at all.

And other main and most important charge is 420 this charge can only be put if eow able to proves that speakasia have cheated The panelsit but it is not possible this charge was put by a panelist in their fir he had mentioned that speakasia had stopped the payment .But we all know why speakasia had stopped the payement  due to the RBI circullar banks were not able to grant the permission for transaction .And rbi is ready to give clearence to repay the dues so once  if the accused get payment then there will not be any 420 charges .


And mca also accused speaksia for voilation of company act but its not possible in case of speakasia because speakasia is an online business and for online there is no law till which says that a company which runs an online business needs any registration .Company act is very old and it is yet to be revised means again there is no voilation at all  . .

Everyone of us very curious about the taxes about the speakasia was it paid in legal matter  let me clear this .

as we all know speakasia had paid there taxes in every transaction which was made in proper banking channels means there is no voilation can be made at there.And the other and most important is did panelist paid there taxes when generated pins let me clear this as we all in the model of speakasia we get rewarded by reward point  means that we earn reward point not money means compnay can paid this to us .If we sell that reward pont it can be sell as free . means no one in legal matter can prove this wrong .Let me clear this by an example it is all up to me or a panelist that reward point earn by panelist can be used to generate pins and it is a logical product just like a game it is very complicated to clear but I am trying.   Means i can create an account there is no where mentioned that that pin can only be sold through money .It can be given to our  friends and family member . If they pay us for creating account its between the individuals taxes are only paid on earning there is no any law which voilated It can be said as this company is not paying or company is giving any money the value of reward point get increased and hence it can be sold by any how You can use that .


 In short there nothing illegal in the matter of speakasia its all the legal proceeding all i want to say that if eow and rbi has charges speakasia had stronger arguments against there charges means no on can stop speakasia to win the battle .In my this article I had tried my best to clarify why should be trust on speakasia .

jai speakasia

proud to be speakasian