Beware Of on-Line offers/proposal- Don't be defrauded!

The chain of mails appering in the mail boxes has something to be known about.

1. There is nothing like Foreign Money Lying in RBI in individual’s account.
2. There is nothing like an ailing widow of a marshall etc willing to part with 300000000000000 Zillion Crores (!!!!) if you help her in clearing certain formalities !
3. There is no negotiable value for Million Dollar Note ! (It just costs around 20 USD) It is a fancy note !
4. Similarly there is no value for Million Euro Note !
5. Lottery Income from abroad !!!! Pooooooooooooooooooooooooooooooooooohhhhh !!!!!
For additional Information and knowledge on the above issues you may visit http://www.419.bittenus.com (preferably later)

Many CAs would have heard at least once in their life time about Money Laundering. A person would come to you with an information that they are agents to someone who has 10000 (or more) crores with him stacked in bathrooms, baskets, stables etc. He would offer you a percentage if you helped them in converting their black money into white !

Please Note:

1. Money Laundering is a Criminal Offence.
2. These claims are false
3. You cannot launder money without a trail
4. Even if possible, it is none of our job.
5. It is anti national

Various forms of offers (especially to an NGO)

1. If you have 80G, I can arrange you 15 crores from a foreign source !
2. If you have 35AC, I can arrange you 300 Crores from a foreign source

(Note: I presume 80G and 35AC has nothing to do with Foreign contribution, If I am wrong please correct me. (Only FC Registration is necessary)

I happened to hear a gossip, something like a fairy tale from some guy about a guy ! (Hero)

Mr. A comes to him seeking our hero’s help in money laundering. He offers some commission, which is considerable. Our hero after collecting some information accepts to give a try ! Mr. A invites hero to a 5 Star Hotel. He goes to the star hotel and is introduced to Mr. B, C, D & E. The discussion (they refer to it as ’sitting’) begins and the hero in order to please the board(!) justifies money laundering and accepts to help them in money conversion (laundering) which is video recorded in a cell phone by Mr. A.

For a Few days all the contact numbers given by A, B, C, D & E are not reachable ! All of a sudden, on the thrid or fourth day a guy Mr. X, comes to hero’s office and introduces himself as coming from CBI with a stern look and shows him his identity card.

He says to our hero “Two days ago, following a tip-off, we arrested a big gang involved in Money laundering, we seized their cell phones and found that you belong to their gang. they also confessed it during interrogation” You are in such a good profession, how did you join these criminals? Now we do not have any alternative other than arresting you and taking legal action.

At this point of time our hero starts shivering. Mr. X plays the viedo file captured by Mr. A and now our hero starts pleading. The officer Mr. X instructs our hero that he should not leave the city limits without his permission otherwise he might face dire consequences. I have to get further instructions from my higher authorities. I will call you later. Do not go any where, co-operate with us. He leaves.

That night our hero could not sleep (How can He?) Around 1.00 am he receives a call from Mr. X, “Are you in the city ? Ok, is there any body around ? I have a good news for you! Since you are a professional with some reputation in the society, my higher authority wants to be lenient with you. But it might cost around 5.00 lacs in order that many voices are silenced!

Our hero who was at the verge of suicide is extremely happy and thank all gods. With just 5.00 lacs he can escape from this serious issue. THANK GOD! Money is arranged (by whatever means!) and settled at the time, place and mode fixed by Mr. X (Mr. X also hands over the Cellphone to our hero, which was the only evidence)

NEXT SCENE !

Mr. A, B, C, D, E & X share the loot in a 5 Star Hotel. (Mr. X, burns the CID Identity Card with his cigarette lighter !)

THOUGH THE ABOVE MAY BE AN EXTENDED CASE OF IMAGINATION, IT IS BETTER TO BE CAUTIOUS THAN FALL PREY TO SUCH INTELLIGENT PEOPLE.