Archive for May, 2008


May 18, 2008

In continuation of our earlier writings on the above subject, yet another culprit has been arrested by the Chennai City Crime Branch. In Chennai, Korukkupettai, the culprit had made an agreement to buy a big piece of land for Rs.30 lakhs 3 years ago. On getting the copies of the documents, fake documents have been prepared by the culprit.

Subsequently, with the fake documents, purported as original, the big piece of land was bifurcated and sold for Rs.26 lakhs to an individual and Rs.44 lakhs to a religious trust earmarked for construction of a church. On scrutiny with the Sub-Registrar by the Purchasers the scandal had come to light and consequently the culprit was brought to books and is now behind bars. Whatever said and done, the purchasers have lost not only hard earned money but also mental peace and faith in land deals.

As reiterated in our column that adequate precautions need to be taken before purchasing property and enough time to analyse the documents by atleast 2 legal advisors and also with the required authorities ,we request our brothren NRIs to be careful about the touts and invest prudently seeking professional help from organization like us.

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An NRI helped CLINTONS @ time of need !

May 16, 2008

It is indeed true and proud that the Former President of USA, Mr.Bill Clinton and now the Presidential Nominee Mrs.Hillary Clinton was helped by an Non-Resident Indian, Mr.Vinod Gupta at a very crucial stage in their lives.

This had come to light on the insistence of the other nominee, Mr.Barack Obama to openly declare the Assets. Clintons have declared the asset details amounting to INR 436 crore. On further investigation on the asset accounting, an interesting feature came to light to the disbelief and lifting-eyebrow of many.

One Mr.Vinod Gupta of Uttarpradesh, India who owns ‘Info USA’ an IT company has offered Rs.14 crore to Clintons at time of need in 2000. Since then Clintons were able to generate the assets through seminars, writing autobiographies and investments.

So, again, an NRI has made us proud !
(Courtesy:’Dinamalar’-April 10th,2008)