City Limouzine Investment finance fraud

3 more complaints. One in Cochin, One in Kolkata and one in Panipat. Masood will be taken to these cities next.
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is that the ultimate goal?  To keep Masood locked up as soon
as possible? I know I have no right to guide you folks given the fact
that I've not been much help so far, but I'd like to ask, where are we
going with this? Is it better to just forget everything and move on?
Perhaps the wounds might heal if we do that.

If we stick with what we're doing, we've gotta set a goal. Now, what
would that be?

This question is for everyone. Let's plan
collectively and come to a united decision. First we need to get
realistic and accept the fact that we're not going to get back 100% of
the investment. We've got to set a goal which we can achieve in
reasonable time.


==========
As i am a customer of CITY LIMOUNZINES GROUPS ,and i am not aware of
any processess to be done,to get back my investment.Please send me
various forms like FORM-66 and other  required documents(In the MS
Word format.)

                               Please guide me by various procedures
should be undertaken to file a legal case in order to get my
investment.

'wonder drug' ADS under LENS

The Food and Drug Administration (FDA) plans to pull the plug on television channels that offer air time to promote medicines which guarantee to cure joint pain, impotence and weight reduction.
"We see advertisements published in newspapers, pasted on trains and aired on television promoting various medicines. They are misleading and such advertisements are prohibited under the Drugs and Magic Remedies (objectionable advertisements) Act, 1954," explained Mahesh Zagade, FDA commissioner.
The Act states that no person or company can advertise about a drug that is used for treating impotence, among other medical disorders, unless prescribed by registered medical practitioners.
FDA officials recently filed complaint against a Vashi firm for advertising a capsule to curb obesity and seized goods worth Rs20 lakh.

"We had started sending notices to firms involved in objectionable advertisements related to medicines last month," said KB Shende, joint commissioner, FDA (drugs).
After sending show cause notices to the firms, the FDA now plans to send letters to the television channels and actors, including Jackie Shroff, who are involved in the promotion of such medicines
"With actors promoting such medicines, people get easily convinced. Such advertisements play with people's emotion and expose them to possible complications. We have, therefore, decided to become strict and punish the offenders to set an example," said Shende.
Referring to an advertisement promoting a medicine to cure joint pain relief, which is aired on almost all television channels, Shende said: "The advertisement, which has actors Jackie Shroff and Alok Nath, promoting the product, starts late at night and is played continuously until early morning."
Earlier this year, the police had arrested self-proclaimed scientist and miracle doctor Munir Khan for cheating more than 120 people by claiming that his wonder drug, Body Revival, could cure all diseases, including cancer.
The wonder drug was priced at Rs16,000 for a 100 ml bottle. According to doctors, people are likely to be taken in by such tall claims, especially if they promoted by actors, and realise their folly only when it is too late.
Dr Dilip Nadkarni, consulting orthopaedic surgeon at Lilavati Hospital, said: "I had operated on a patient who was on self-medication of a formulation, which had high lead content. Its regular intake had weakened the one of the patient's muscle power. I am happy that the FDA is taking the right step to curb this menace."
"Unless it is a nutritional supplement, people should avoid self-medications via advertisements. A medicine that promises to relieve you from ailments, such as joint pain, should not be believed unless it is prescribed by a certified medical practitioner," Dr Nadkarni advised.
Dr Sudhir Pillai, interventional cardiologist, Kokilaben Dhirubhai Ambani Hospital agrees.
"We keep getting two types of cases. In the first, there are patients with controlled blood pressure and diabetes because they were taking some questionable medicines for an ailment. In the second type, a patient diagnosed with blockage in heart, opt for hearsay treatment. Initially they do well because of placebo effect, but come back to us with more blockages or even a heart attack," Dr Pillai said.
He added that most of these questionable medicines have high metal content, which leads to complication.

Fraudsters duping people on the pretext of information confirmation, or presenting lucrative offers, are on the prowl

If you are being offered a privilege card over the phone by someone claiming to be a bank executive, beware. Chances are high that instead of a bank employee, a cyber criminal is calling you. These scammers are such trained professionals, they will speak in fluent English and offer attractive deals and also transfer your call on IVR to make it sound genuine.


Representative pic

Don't bank on it
According to a complainant, one Sandesh Bhalerao, a Delhi-based company --PLAT5 -- called him on behalf of a leading bank and offered attractive shopping deals. They also disclosed his address and other details to him, to sound authentic. "I got a call from Plat5 Consultancy from Delhi (+911409560031). They had my address details with them. They contacted me stating that since I am a privileged credit card customer for the bank, they would issue me another shopping card which will give me 25 per cent discount on all purchases as well as free gifts, like holiday packages. They even said that the call was being recorded for quality control," Sandesh said .

"They said that nothing will be charged and the card will be issued in 10-15 days. For this reason, I agreed. As they had my basic details, so without smelling any foul play, I answered some more of their questions and verified my credit card expiry date. Further, they told me for online verification purpose, I need to get the OTP (one time password) from the bank, which I did. Then they transferred my call to IVR and I entered the 16-digit card number, its expiry date, CVV number and the OTP. The person was online during this process," Sandesh informed.

Booked and verified
"The verification was successful and they provided me with a booking number (59061). Even though I had not entered an amount anywhere, immediately I received an SMS on my mobile which read, "Thank you for using your card ending with XXXX for Rs 4964.00 in New Delhi at IVRPlat5 Consultancy P on 2011-11-08: 12:27:10." I then realised that all this was fraud," Sandesh said in his complaint to the bank.

Sandesh, however, is not alone to suffer at the hands of such criminals. Similar was the experience of other customers who were duped in a similar fashion. One Gaurav Singhal said, "In the month of October, I got a call from a Plat5 Privilege Holidays sales person told me about some interesting offers, like 25 per cent discount on every purchase et al. They told me that the card was totally free for the first year, after which, if I am interested, I have to pay Rs 4,964 for the second year. Then for direct customer verification, they asked me for the IVR. But in my card statement I found they had already deducted Rs 4,964. They have forcefully sold me the card which I never bought".

The bank claims they are not in contract with any such company and they do not authorise any private firm to ask for credit card details from their customers. Customers should not disclose there details on phone or email. They are also enquiring into the matter. MiD Day tried to find the fraudulent Plat5 Company but could not get in touch. The number provided by the complainant is unavailable.

The traders at Deonar goat and sheep market had a tough time conducting business during Eid-ul-Zuha this year. The reason was a gang stealing their hard-earned money by throwing itching powder on them.
The goat and sheep market at Deonar is one of the biggest markets in the city which sells goats and sheep during Eid-ul-Zuha. According to an estimate, over 20,000 traders, big and small, from all over the country bring their animals here to sell them. "It happened right in front of the police personnel," said Mohammed Aslam Quereshi, president, All India Sheep and Goat Breeders and Dealers Association.
Ahsaan Ali, a trader from Rajasthan, was robbed of Rs2.16 lakh. Ali, in his statement, said that a man in his thirties asked him about the rate of a goat. Ali told him that it had been sold.
The sources said that the accused threw a powder on Ali without anyone noticing it. Ali started itching all over. He ran towards the association's office and kept his bag containing Rs2.16 lakh there and then went to a bathroom. "The accused followed him. He picked up the bag and jumped over the 10-feet boundary wall to escape," said Aamir Sheikh, an eyewitness. The witnesses said that when Ali realised what happened, he raised an alarm, but the accused had disappeared.
Another trader, Mohammed Yunus, was also targeted. However, Yunus handed his cash to one of his friend for safe-keeping. Sohail Ansari, a trader said: "Several similar instances have taken place in the 10-12 days preceding Eid, but they have not been reported".

Some of the investors have invested their hard earned money in City Hospitalities Ltd., a sister concern of City group.  As the investors were requested to file complaints with the ROC, Mumbai about cheating by the City Group, one of the investors has raeceived a letter from Dy.Registrar of Companies Mumbai to-day informing that Complaint against City Hospitalities Ltd., is to be submitted before O/O ROC, Gwalior as the company is registered at ROC Gwalior.  This is for the information of City Hospitalities investors for needful.

Do not get caught in the vortex of revolving credit when it comes to your credit card. For, you may end up paying Rs156 for every Rs100 that is overdue on your card.
Keeping pace with rising rates, the interest rate on credit card dues has moved up every quarter in the past year to 56% at present.
Are you now wondering how this slipped past your eye?
Banks issuing credit cards often quote a particular rate for the mandatory disclosure of the Annualised Percentage Rate (APR) but apply it differently while calculating the outstanding.
The calculation on credit card dues is done on the basis of the APR, which currently ranges from 37-42%, depending on individual banks and credit scores of customers. The annual rate is divided across the year. The current monthly compound interest rate ranges from 3.1% to 3.5%. An additional service tax of 10.3% is levied to arrive at the outstanding.
Normally, banks issue a monthly interest rate; but how they compound it for every cardholder depends on the banks. The rates vary across cards and banks. As they publish monthly and not yearly figures, if the credit taken is not repaid in time, the compounding effect can be costly.
"The current APR, 42%, is shocking compared to the interest rates on home, personal, educational and car loans," Deepak Bhalla, a resident of Vashi, said. "By the time the bill reaches me with the monthly compound interest and service tax, the rate goes up to 56%."

Justifying the high interest rate on credit cards, a spokesperson of a leading multinational bank said, "A key parameter while deciding the rate is incidents of default, if any, by a cardholder." He said banks structure the rates in such a way that the net yield from cards minimises losses on account of defaults. But incentives such as reward programmes and gifts are often woven into credit card packages for deserving customers."
Experts say the prohibitive rates should act as a deterrent.
"At best, one should use the credit card for cash or overshoot the repayment by a week. For a longer period, one should rely on some other source and credit card should be the last resort," Harsh Roongta, CEO of apnapaisa.com, said.
Suresh Sadagopan, who runs Ladder 7 financial advisory services, said the revolving credit was never a good option.
"All banks disclose their interest rates and still clients fall for it," he said. "Banks like ICICI and HDFC disclose what they charge. Banks are charging 42% interest on average, which is extremely high. It is shocking how the RBI lets this happen."

The crime branch arrested two people for
running a fake friendship club that claimed to
provide people with a chance to earn money
and meet high profile women. The police
were acting on a complaint by one Ahmed,
who was lured to deposit Rs10,000 into the
account of a woman identified as Neha
Kapoor with the promise that he would get to
have sexual relations with her. However,
when Kapoor did not turn up, Ahmed realised
he had been cheated and lodged a complaint
at Oshiwara police station. The arrested have
been sent to police custody till November 11.