The Economic Offenses Wing (EOW) of Mumbai Police has detained Singapore-based Speak Asia online Pte Ltd's chief operating officer (COO) Tarak Bajpai regarding the multilevel marketing company's affairs. He is likely to arrested and produced before Court in few hours,
According to media reports, two days ago, the Criminal Investigation Department (CID) had frozen bank accounts of the online survey company. However, following the enquiry by the Income Tax and Service Tax departments, many banks had already frozen several bank accounts of Speak Asia's distributors. The company do not have any bank account in India under its name.
Last month, acting on a complaint by a non-governmental organisation (NGO), Andhra Pradesh Police had also arrested two agents of Speak Asia.