Supreme Court has issue notice on a petition seeking direction to constitute a special team of the Central Bureau of Investigation (CBI) to probe the alleged large-scale scam perpetrated and done by motivational speaker Vivek Bindra and his Bada Business Pvt Ltd.
A bench of justices MM Sundresh and SVN Bhatti sought the Centre and others responses to the petition file by Shubham Chaudhary and many others.
The petitioners, through advocates Sureshan P Vikas Nagwan and Yogesh Aggarwal, claim that they had deposit their hard-earn money to the money chain-like scheme of the Bada Business Pvt Ltd.
According to the petitioners, the issue has national ramifications as the complainants hail from different states and have already submit written complaints to the local police,
They pray for directions to the Centre government to constitute a special investigation team of the CBI to probe the alleged scam perpetrated and done by Vivek Bindra and Bada Business Pvt Ltd whereby he has dupe and cheated the petitioners and other general public.
According to the petition, despite submitting written complaints by the petitioners and other similarly place individuals, no action has taken by the police.
As per petition :
“Keeping in view of the widespread nature of the scam running in various states, it is imperative to direct a centralized agency to probe the matter so as to avoid multiplicity of proceedings, a fair investigation, and a one-stop point of contact for the youth duped by the said Bindra. It is most respectfully submitted that the multiple complaints submitted by the petitioners and similarly placed others disclose a prima facie case punishable under Section 420, 406 read with Section 34 of IPC and Sections 3 and 4 of the Prize Chits and Money Circulation Schemes (Banning) Act, 1978 and hence a writ of mandamus as prayed in the petition is required to be issued to the respondents,”.
“In such circumstances referred to above, the writ petitioners are here before this Court with the present writ petition seeking appropriate relief. The complaints submitted by the petitioner to the local police authorities will disclose that the accused tricked people into giving him their money through a Ponzi scheme that promised big returns. The alleged Ponzi scheme is similar to one scam run by a 26-year-old BTech graduate named Anubhav Mittal of Noida,”.
About Case against Vivek Bindra
It is submit that Vivek Bindra is a self-proclaim motivational speaker and who, with his marketing team, deceive the petitioners and other thousands of youngsters, who hail from over a dozen different states from all over India.
As per petition :
“The modus operandi adopted by said person and company is that he uses names of well-known personalities on his websites, in banner advertisements and extensively market out the same by falsely representing that the said known personalities are “Professors” in the paid courses run under the banner of Bada Business and Vivek Bindra,”.
The petitioners said the extensive advertisements are being run on various social media platforms with the sole purpose of enrolling the youngsters in a course that misleadingly promise to train the enroll candidates in the modes and methods of building a successful business through which one could earn anywhere between Rs. 15,000 and Rs. 1,00,000 per month, failing which Vivek Bindra promise to refund the entire fee.
