A King Con 'Hassan Ali' who recently, got everyone's focus for owing 50KCr balance to India's IT dept. The source of this fabulous wealth remains mystery for ED still date. This man 'Ali' seems to be hold numerous accounts in various banks across the globe. But as of now, its very crystal clear that he deposited more than $8Bn in UBS, Zurich.
Who is this Ali?
A Stud Farm owner, who is hyper famed in Pune. He also well-known for his 'Horse Racing & Gambling' behavior. This 58 year old man, frequently seen in Haji Ali - The Grant Horse Race Course in Mumbai. His father was once excise officer, but the son prefered Biz. So by 1970, he started selling antiques & car rentals. After 13 years of this moderate biz, he earns mere profit. So by 1983, he switches to General Ventures - a metal scraps trading in Dubai. Here he turns into NRI.
By 1993, he shutter down that biz too & get onto professional horse gambler. Here where, he forms huge social network for all Forex realted trading.
His 1st brush with Mumbai Police was for possessing 3 passports, one from Mumbai, another from Hyderabad & other from patna. This case was filed in the period of Jan'2008. Later he went on bail from this fraud-charges. Then the illegal 'hawala' scam hits.
Why so serious about Ali?
The most interesting point here, is that the man who doing all illegal foreign money transaction left uncaught for more than 15 years. It all begins by early 90s, he opened account in UBS Singapore Bank with the recommendations from Dr.Peter Weily, a fund manager for Interpol's most wanted arm dealer Adnan Khashogi. This connecxion, let all alleges that he may relate to arm dealing biz too. Thus arouses serious national security threat. It was said that this man also funding some terrorist organization globally.
Where all this fund started?
The ultimate orgin of this wooing money remains unknown for ED. As of now, it was found that he initially deposited $1.5Mn in cash & then goes on funding more. By 2006, his portfolio worth $7.7Bn & then suddenly jumps to $8.8Bn within the span of another 2 years. This immediate proportionate of profits doubts that Mr.Ali doing all kind of weaponary deals. The funds in other overseas banks remains unrevealed.
Where & How this money comes from?
It was found that Mr.Ali also done an 'Aviation deal b/w US & India'. By early 90's, India bought Boeing 747 kindda flight from US Airways. This deal was done by Robert Maclean Consultants. That time, Mr.Tapuriah held share partner in RMC. For Investing & Trading matters, Ali helped AI to seal the deal. Both Ali & Tapuriah became close associates by this brokerage work. Then they goes on doing many illegal money transaction b/w US & India.
But now when ED traps Mr.Tapuriah, he neglects those brokerage deal and even saying that he doesn't be in touch with Ali for more than 5 years. The Big Biz Consultant, Tapuriah, is basically from Kolkata & also posting chairmanship for more than 16 companies (MP Birla Groups included).
Also Tapuriah's wife also well known to Ali. All these 3 jointly transacted more illegal money than our imagination. Now by today, ED getting closer to all ALi's associates.
Now at what status?
By today, ED ceased more than 10Cr from ALi & his associates. They also red-sealed their passports. Pondicherry's Governor, Iqbal Singh also in fray for being a mediator in Hassan's passport issue. The case going on....
Our View:
This fraud is staggering & stashing. It may tends to huge Forex scandal ever in History. More than $500Mn Black currency made laundered. The people like corrupt politicians, jealous corporates, wooing millionaires are left behind the scene. This Hawala scam was made on ignoring Indian IT dept. What this RBI, SEBI & PMO doing?? The case pace seems very 'slow & low'. Something has to be done for this unjustice. WE, a common man spread the word of awareness about this. Pledge, WE wont leave until the right judgement out.
Thanks for reading this page. Apologies for error, if any. Please show your support by following this blog. Needs comments & suggestion for better presentation. Have a nice day !
Who is this Ali?
A Stud Farm owner, who is hyper famed in Pune. He also well-known for his 'Horse Racing & Gambling' behavior. This 58 year old man, frequently seen in Haji Ali - The Grant Horse Race Course in Mumbai. His father was once excise officer, but the son prefered Biz. So by 1970, he started selling antiques & car rentals. After 13 years of this moderate biz, he earns mere profit. So by 1983, he switches to General Ventures - a metal scraps trading in Dubai. Here he turns into NRI.
By 1993, he shutter down that biz too & get onto professional horse gambler. Here where, he forms huge social network for all Forex realted trading.
His 1st brush with Mumbai Police was for possessing 3 passports, one from Mumbai, another from Hyderabad & other from patna. This case was filed in the period of Jan'2008. Later he went on bail from this fraud-charges. Then the illegal 'hawala' scam hits.
Why so serious about Ali?
The most interesting point here, is that the man who doing all illegal foreign money transaction left uncaught for more than 15 years. It all begins by early 90s, he opened account in UBS Singapore Bank with the recommendations from Dr.Peter Weily, a fund manager for Interpol's most wanted arm dealer Adnan Khashogi. This connecxion, let all alleges that he may relate to arm dealing biz too. Thus arouses serious national security threat. It was said that this man also funding some terrorist organization globally.
Where all this fund started?
The ultimate orgin of this wooing money remains unknown for ED. As of now, it was found that he initially deposited $1.5Mn in cash & then goes on funding more. By 2006, his portfolio worth $7.7Bn & then suddenly jumps to $8.8Bn within the span of another 2 years. This immediate proportionate of profits doubts that Mr.Ali doing all kind of weaponary deals. The funds in other overseas banks remains unrevealed.
Where & How this money comes from?
It was found that Mr.Ali also done an 'Aviation deal b/w US & India'. By early 90's, India bought Boeing 747 kindda flight from US Airways. This deal was done by Robert Maclean Consultants. That time, Mr.Tapuriah held share partner in RMC. For Investing & Trading matters, Ali helped AI to seal the deal. Both Ali & Tapuriah became close associates by this brokerage work. Then they goes on doing many illegal money transaction b/w US & India.
But now when ED traps Mr.Tapuriah, he neglects those brokerage deal and even saying that he doesn't be in touch with Ali for more than 5 years. The Big Biz Consultant, Tapuriah, is basically from Kolkata & also posting chairmanship for more than 16 companies (MP Birla Groups included).
Also Tapuriah's wife also well known to Ali. All these 3 jointly transacted more illegal money than our imagination. Now by today, ED getting closer to all ALi's associates.
Now at what status?
By today, ED ceased more than 10Cr from ALi & his associates. They also red-sealed their passports. Pondicherry's Governor, Iqbal Singh also in fray for being a mediator in Hassan's passport issue. The case going on....
Our View:
This fraud is staggering & stashing. It may tends to huge Forex scandal ever in History. More than $500Mn Black currency made laundered. The people like corrupt politicians, jealous corporates, wooing millionaires are left behind the scene. This Hawala scam was made on ignoring Indian IT dept. What this RBI, SEBI & PMO doing?? The case pace seems very 'slow & low'. Something has to be done for this unjustice. WE, a common man spread the word of awareness about this. Pledge, WE wont leave until the right judgement out.
Thanks for reading this page. Apologies for error, if any. Please show your support by following this blog. Needs comments & suggestion for better presentation. Have a nice day !
