Vivek Bindra Scam: In a recent development, the Supreme Court of India has taken cognizance of a petition. They are requesting the formation of a special investigation team by the Central Bureau of Investigation (CBI). They Requested to probe the alleged nationwide scam involving motivational speaker Vivek Bindra and his company, Bada Business Pvt Ltd.
The petition, led by Shubham Chaudhary and others, sheds light on the gravity of the situation. They are emphasizing the need for a centralized and authoritative investigation into the purported large-scale fraudulent activities.
What is Vivek Bindra Scam?
Vivek Bindra’s company BADA Business Pvt Ltd offers training and consulting programs for executives. For different categories of people, Bada Business offers a limited enrollment course costing between Rs 10,000 and Rs 50,000.
A very famous program for large companies is the 10-day MBA course which costs Rs 50,000. Some people bought a business course from Vivek Bindra for Rs 50,000. But this course did not include a business course. The same people also attended Sandeep Maheshwari’s course.
There he told Sandeep Maheshwari in front of the camera about the course worth 50,000 rupees. There was nothing like that in this course, which was very expensive at 50,000 rupees. This can be termed as a kind of fraud or scam. He plundered money from the public in the name of selling business courses.
What is Vivek Bindra Case?
The petitioners highlighted that widespread advertisements across different social media platforms aimed to attract young individuals to a course priced at almost Rs. 50,000. These ads allegedly made misleading promises, falsely assuring enrolled candidates of acquiring skills to establish a successful business, with potential monthly earnings ranging from Rs. 15,000 to Rs. 1,00,000.
This matter lies in the accusations leveled against Vivek Bindra and Bada Business Pvt Ltd for a widespread scam. The petitioners assert that the alleged fraud revolves around a money chain scheme. They are deceiving numerous individuals across different states with promises of high returns on investments.
Despite victims filing complaints with local authorities, there has been a noticeable absence of actions, including arrests or investigations. The petition brings attention to the urgency of the situation, underlining the necessity for a specialized investigative team.
Court issued a Notice:CBI to Investigate Vivek Bindra Scam
The petitioners argue that the alleged scam goes beyond individual instances, with complainants hailing from various states. Written complaints submitted to local police have yielded no results, prompting the petitioners to seek the intervention of the Government.
They request the formation of a Special Investigation Team of CBI to delve into the activities of Vivek Bindra. They are accusing them of defrauding not only the petitioners but also the general public.
The plea extends its scope to include a directive for the Directorate of Enforcement to investigate potential money laundering activities. The overarching goal is to prevent the multiplicity of proceedings, ensuring a fair investigation with a centralized focus.
What did Petitions say about Vivek Bindra Scam?
The petitioners express frustration over the lack of action despite submitting written complaints. They highlight the necessity of a centralized agency to investigate the matter comprehensively, pointing out the widespread nature of the scam across different states.
The petition concludes by asserting that the complaints disclose a prima facie case punishable under relevant sections of the Indian Penal Code and the Prize Chits Act, warranting a mandamus to be issued to the respondents.
As the Supreme Court issues notices, the nation watches closely. They are anticipating a fair and unbiased investigation into the alleged scam \by Vivek Bindra and Bada Business Pvt Ltd. The outcome of this legal battle holds the potential to shape the narrative surrounding large-scale financial frauds and the accountability of those involved.
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