The Economic Offences Wings (EOW) of Mumbai Police, in continuation with its investigation into the multi-million Rupee Speak Asia scam, has sent the company’s computers, hard disks, laptops, and other material seized to a forensic laboratory to build a strong case against the multi-level marketing (MLM) company.

Speak Asia duped around 2,300,000 investors to the tune of Rs2,000 crore. It promises a weekly income merely for completing online survey forms. Initially the company paid the money to its panellists but stopped all payments in May 2010.

While it is being investigated in India, Speak Asia appears to have resurfaced in Brazil under the new name “Mister Colibri."

Source: Moneylife