SAHARA is a big Fraud. But i think it has got many of the politicians money involved in it, that's why everyone is silent. BJP, Congress, SP, BSP all are getting Big Donetions and use Air Sahara Air planes.
Voice of India about SAHARA INDIA Scam
SAHARA INDIA has got many of the Politicians and Big Personalities Money involved in it, that's why everyone is silent. SAHARA is like swiss bank of India.
There is a reason why a Media outlet must stay clear of Politicians and too much Political influence. Channels like NDTV and CNN-IBN who frequently crown Politicians with all kinds of awards can hardly be expected to report honestly. Their dishonesty and corruption in news reporting and analysis has been evident to almost every observer. This may be one of the reasons why media has not reported this aspect SAHARA INDIA scam.
Here is a detailed specifications which will satisfy you on above statement about bold SAHARA INDIA SCAMS. Reviews of common people:
Enough proof to Show how the certain sections of people is not able to digest the success of Sahara's Financial inclusion Model.
"Sahara India has been providing its Fraud and Cheating Services to our country since the past 33 years, their only aim has been to Develop our Politicians Not Country.. they are a very So called honest and Non trustworthy company.. and i would not think twice before Investing with them again."
Their Business agenda is very simple..takes black money from different party, party leader and convert that to white through the so called small investor money..In the filling to SEBI sahara said their 90% of investor out of 30 million, don't have bank account for NEFT settlement of their balances. When sahara comeup with their IPO, we did lot of study on their model and conducted lot of interviews with lot of Inside people at sahara..They takes black money - convert to white and invest to different area. Only thing Sahara never was able to generate profit through any of their business ever..you take airlines, news paper, channel, Real estate, any sector they moved in. So ultimately they are running in losses but due to continuous flow of money we can not see that..Its like One the flood stop then only we can see sahara was nacked."
"Its really funny how badly SEBI is behaving. It seems desperate to nail Sahara as after failing to prove Subrata Roy's guilt in India, it is now begging foreign agencies to help them. What a pity. Nailing Sahara by hook or by crook is the only thing that seems to matter."
Jayvs (One of the customer of SAHARA INDIA) commented their emotions on a well known social site on February 21, 2014 12:28 AM :-
"I think bhushan is very right.
I have also made investments into Sahara but after the SEBI case i have stopped that.
and then i got to know the real face of SAHARA. These idiots are not returning my money saying that it will only be returned after the maturity date.although their pollicy is now banned by SEBI.
These frauds have opened a new scheme now and transferred all our investments into that. And they are showing to the court that they have returned the money to their investors which is a lie.
SAHARA is a big Fraud. But i think it has got many of the politicians money involved in it, that's why everyone is silent.
SAHARA is like Swiss Bank of India."
"what is the company registered as? is it a ltd or pvt ltd or trust or Section 25 company? Sahara India Pariwar gives no clue to its constitution, which is mandated by companies act. nobody yet has given any clue on this aspect yet everybody calls it a company. "
The central bank also cautioned that it would not guarantee the repayment of deposits accepted by “Sahara India Financial Corporation Limited or any other company in that group.”
The public notice comes after RBI received complaints from individuals that the Sahara group is mobilizing money from the public under the generic name of Sahara Pariwar and Sahara India Pariwar.
“There appears to be a misconception in the minds of public that the Reserve Bank is the regulator of entire Sahara group of companies, leading to mistaken comfort in its deposit offers,” the RBI notice said.
Only three Sahara group entities are registered with RBI -- Sahara India Financial Corp. Ltd (SIFCL), Sahara India Corp Investment Ltd (SICIL) and Sahara India Infrastructural Development Ltd. (SIIDL)
Of these three entities, SIFCL, a residual non-banking company, has been directed by RBI to phase out acceptance of deposits from the public. SICIL and SIIDL are not authorized to accept deposits from the public.
Fraud by Sahara India financial corporation ltd and Sahara ...
Dear sir. my fd bond will completed in dec'12 but our sahara agent said for coverted fd in to q-shop plan for 5 years but we need money at this time.
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I had deposited Rs.20000/-(Rs.twenty thousand)in Sahara Rajat Yojna in two seperate account of Rs.10000/-each in 2003.As the branch manager told me that there is 3 yrs. locking,if I will not be interested to take the flat Sahara will refund the money with 24% interest.Now it is more than 8 yrs.and I have been transfered from Chapra(Bihar) to Ranchi(Jharkhand).
I have send a letter to Chapra branch to refund my money.I have not received any confirmation from other side.
Local Ranchi Sahara branch is not cooperating me.They are saying that this issue will be solved by Chapra branch only.
Agent is not working as well as not co-operating.
I will to request you help me out so that I may get all my money as per RBI guide line.Here I am givind all the details.
1.purusottam singh,receipt no-38241910223,dt.31-03-2003,A/C head-501192,form no-15809200323,Chapra 1580,amount-Rs.10000/-(ten thous.only)
2.Pushpa Singh,receipt no-38241829032,dt.29-04-2003,A/c head-501192,Appl.form no-15809200530,Chapr-1580,amount-Rs.10000/-(ten thous.only).
c/o K.K Rajhans,
near sidhu kanhu park,
SAHARA INDIA scams,
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