We continue from where we left on tradelabs. As tradelabs is simply new name given to Strategyland Research Ltd., Singapore to avoid any kind of prosecution if the link between Teledata investment and laundering of money to Strategyland is proved. Apart from accounting fraud of more than USD 1 billion dollors we are giving further evidence of fraudulent transfer of money of more than USD 340 millions to Strategyland owned by Niraj Goel from Esys Singapore, subsidiary of Public listed company Teledata.
We continue our fact finding research on Tradelabs and Strategyland. As we told earlier Tradelabs is just another company incorporated with same fraud business, same fraud owner Niraj Goel and same office address Changi 1, Esys HQ to continue their fraudulent activities. The financials of tradelabs are also even better cooked.
We have already told the investors how Vikas Goel laundered USD 40 million dollors from fraud investment of Teledata for USD 105 millions dollors. We have found another evidence of more than USD 300 million dollors transferred to Strategyland from Esys Singapore. This is even bigger crime to launder money from a public listed company Teledata’s subsidiary Esys Singapore to private owned company Strategyland of Vikas Goel and Niraj Goel . The evidence is due diligence done by Royal Bank of Scotland. The due diligence obviously failed as RBS did not find answer to questions like where is money shown in Esys Singapore BS 2006-07 from Teledata. The extract from the reports is reproduced as under :
“Strategy Land – Can you please detail that process and also the terms of the agreement there as the numbers mentioned were quite large – USD 300 mn of shares on top of the money paid already.”
Both 40 million dollors from Rainforest Balance Sheet 2006-07 and USD 300 million dollors from Esys Singapore does not show up in the Balance Sheet of Strategyland anywhere.
This proves that Goel brothers donot believe in any regulatory system whether it is Singapore, Europe,Dubai, India or USA. They can do whatever they want with impunity.
Our fact finding story on Tradelabs and Strategyland is getting lot of attention worldwide. We have even got responses even from Russia where there is office of Tradelabs/Strategyland. People have thanked us for making these facts public and requested not to disclose their identity.
Our thorough investigation is on and we have found so many glaring examples of frauds specially cooking of books by Esys Group owned by Vikas Goel and Niraj Goel. Teledata cooking the books in India was always known. But it is very surprising that in Country like Singapore where law is so strict these guys can perform so big fraud in day light. The list of financial frauds is so big that we donot want our readers to get confused and will take them up one by one.
Ernst and Young should start new award Marsters of COOK of BOOKs. Their earlier awards one to Raju of Satyam has already proved that Audit firms are hand in glove with these criminal elements. This time around we will again prove that second E & Y award given to Vikas Goel is even bigger fraud.
