March 6, 2014

BBMP trade license online in bangalore

Sick of the bribe being demanded by BBMP local offices for renewal of your trade license?

Go to http://tl.sasbbmp.com/Forms/FrmTradeLicenceRenewal.aspx, get your last year's renewal receipt out, enter the license no. (should be fkcci/123/07-08 or something similar. Enter fkcci/123 in the box)

Enter the details marked with * as they are mandatory. Select the categories that you trade in(be careful to enter the correct categories you trade in otherwise you will pay extra fees unnecessarily.) Click submit.

Print out the form(online payment is not active as I believe local bbmp offices want to collect bribes while they still can) and get a dd made for your license amount. Go to any IDBI Bank and submit the printout of the trade license and complete the payment.

Next, go to your local BBMP office and collect your trade license or get it updated. If they refuse, you can go to the Corporation office near Hudson circle and complain.

And why are bbmp officials are not keen on giving you a trade license? This officer makes 3 lakh a day..

http://www.dnaindia.com/bangalore/report-bbmp-ward-health-officer-could-be-making-up-to-a-crore-a-month-1689374



January 12, 2014

Remove ytdownloader

First, run malware bytes and remove all traces of the related software. Then, run glary utitlites and remove all related programs. Then run iobit( http://download.cnet.com/windows/3055-2096_4-75161625.html?&part=dl-&tag=pdl-redir) or (http://iobit.com/advanceduninstaller.html) to remove the ytdownloader program from your computer.

ytdownloader defied uninstallation until I got to this page (http://www.techradar.com/news/software/applications/10-tips-for-removing-a-program-that-won-t-uninstall-907471).

Yeah, don't download such stupid programs. Took me hours to clear the junk that this ytdownloader installed.

August 9, 2013

Loans available at 3 % p.a in India fraud

Before you read further, please AVOID talking to anybody advertising such loans.

Hope the catchy title got your attention. Really? Can you get a loan at 3 % per annum?! Hope you're not kidding me. How is that possible? Is RBI your baap? Or is Sonia Gandhi your maa?


Oh, it's because the loan providers who advertise in the papers (mostly Times of India) are able to get funds from the US at 1-2 %. You see, these people are the ones that fund the US govt. They have so much money, they don't know what to do with it. That is why they are willing to accept such low returns on their investments.
---
So was looking through the paper to find out what kind of requirements does one have for business loans.
Deccan Herald- Sunday Aug 4, Classifieds, page 4.
Came across this gem


So I called the first number and a gentleman by the name of Mr Kunal Sriwastav answered my call (or rather prayers :) )

I gave him some details and after the initial conversation, he mentions that they give loans at 3 % p.a. I'm like you mean 3 % per month, right? He says no. 3 % p.a. I'm not able to figure it out (also, the voice was not clear on the mobile.)
Still not getting it, I ask him to repeat month or annum. I then ask him, please do not mind my curiosity but pray, where do you obtain funds at such a low rate from? Reply, the US. I'm like bhai, I understand the interest rates are 1-4 % there but when did you become Warren Buffett or P & G or the Fed Reserve that generous you are offering us credit starved Indians such a good deal?

He replies, our boss is based in the US and after getting loans there, he thought Indians should have this opportunity too. (How sweet of him.)


So incredulous at this point that if something is too good to be true, then it might not be true, I call him from another number and try to clarify matters a bit more. Same reply, 3 % p.a sir. And we do business all over AP and TN, Guntur, Nellore, Vizag, Vishakapatnam, Madras, Salem blah blah.


I ask them where they are based, he replies, Andheri, Bombay(but the mobile trace of this Kunal's number is from Delhi.)


So I try looking up the company, no sign of it there. He tells me to send him an email with the requirement, so after talking to him, I send him an email. After 20min, I get 2 calls from him but I don't pick it up. At this point, I am quite keen to dig deeper and see what's behind all this.


Googling for "loans at 3 p.a india fraud" leads me to the consumer court website.

http://www.consumercourt.in/personal-loan/18721-3-loan-fraud-chowkhani-finance-new-delhi.html


http://www.consumercourt.in/personal-loan/48233-real-fraud-finance-company-delhi-swastik-finance-limited-parveen-jain.html

So this is what is the bigger picture. This is very profitable racket these guys are running there. Our version of the Nigerian 491 scams.

These guys are running a fraud scheme on a big scale(for small fish). And others are jumping into the fray so as to make quick profits(please see ads below.)

How do they not get caught?
They are all based in the NCR(national capital region) but advertise in far away cities like Pune, Bangalore, Madras and smaller towns and cities so that the victims who are dire financial need not come to pursue this case in the NCR due to lack of knowledge and time.

They use mobile numbers that they dispose after one fraud(10k-1.5Lakh) and borrowed or colluded bank accounts. They have valid bank accounts but nobody cares pursuing this.

How can one catch these bastards? 
Simple, file an FIR with the local police station.
For all the mobile numbers, get registration details. Get call records and sms'. This will be provided to you by the police station.

After filing the FIR with the police station, please approach the local branch of the bank that you deposited the money in. They will give you a copy of the bank statements for the past 12 months and registration details of the people/company.

Once you get these details, you have to pursue these people on their own(I doubt the local police is interested in small frauds like this.)

You could find more ads like the one below by going to

http://epaper.timesofindia.com/Default/Client.asp?showST=true&Skin=TOINEW&Daily=TOIBG&BaseHref=TOIBG/2013/08/09&Enter=true

and type in "loans 3" in the search box. A number of results come up with many of them offering you 1 lakh a month as commission for being an agent.

To see archive of such ads, you can go back and search through TOI's epaper archives.

http://epaper.timesofindia.com/Default/Client.asp?skin=pastissues2&enter=LowLevel&AW=1376043784265

Loans at 3 % p.a fraud listings
















June 27, 2013

Allschoolstuff.com, what's up with this company?

There's a wierd company that's been showing up in my india free stuff newsletters. Allschoolstuff.com. This website's selection is nominal, not that great but the reviews on mouthshut are abysmal.

They have been giving huge vouchers, 50 % off etc. This kind of promotion is not really sustainable. Their customer service is quite non-existent. From the reviews I've read, they have selective amnesia when shipping.
Even if I could place an order on the website using my credit card, I would be spending a lot of time and energy disputing the charge with my bank. Do you really want to buy from a website that has a bad selection,  prices higher than MRP, offers too outlandish coupons, ships late, items are near expiry, customer service is bad and refunds are in the form of coupons(why would I want buy anything after such experiences)?

The breathtaking difference in customer happiness between this site and flipkart, snapdeal or amazon.in makes me wonder if these guys are hemorrhaging money? Why would anybody want to buy from this company in the first place? Just curious how they've got 600k+ likes on facebook for their page..

June 4, 2012

Inner Strength Foundation- trust or not?

Been looking around for some information but couldn't find much. My father had attended 4 or 5 of these "shivirs" in the past 2 years (BTW, I am completely against this hocus focus). He received receipts that stated that the foundation is registered as a trust with the govt and donations are exempt under the 80g act.

While filing this year's tax returns, my auditor asked me to provide the PAN no. of this foundation. Ah, missed that. We have donated to Cry, Helpage etc and their receipts prominently state the PAN no. Everybody who donates to these organisations cannot be expected to call up the offices to ask for the PAN no. But Inner Strength Foundation's receipts have no PAN no. stated.

Why not state it on the receipt if they have one? If not, why mention their trust/foundation status on their receipts?

So my auditor calls up the Delhi "office" of Inner Strength Foundation and amazingly, there is only one landline no. and 4 mobile no.s. For such a prominent organization, only 5 contact no.s?

011-32909026, +(91)-9811016531, 9999985961, 9999985962, 9999985963

The landline no. doesn't work. The first mobile is always busy or not available. One of the other numbers do work but you'll be lucky to get a call back if they don't pick up.

They have ashrams in various places but no contact information is provided about them. 


My main concern is that is this foundation a responsible one?