HYDERABAD: With the High Court dismissing a petition filed by SpeakAsia Online Private limited seeking a direction from the Crime Investigation Department (CID) to quash the FIR registered against them, the CID will seek Interpol's help to track down top officials of SpeakAsia who have been accused of running a ponzi scheme.The CID officials have also begun making discreet enquiries about a dozen companies believed to be running similar schemes.CID sources told Express that because the High Court has dismissed the petition, they have a huge task ahead, as far as the probe is concerned.The CID will write to the Interpol to track down Harender Kaur, the managing director of the company, who is now believed to be in Singapore.Apart from her, other top officials including the CEO of the company, Manjor Kumar, are also on the run.Manoj Kumar is reported to be shuttling between Dubai and Singapore.The CID will also bring the Chief Operating Officer (COO) Tarak Bajpai, arrested by the Mumbai police a few days ago, to Hyderabad on a prisoner-transit warrant to grill him and acquire infromation on the number of investors duped by the company in the state and how much they made out of it.A fresh probe on the missing amount of Rs. 1,100 crore will be taken up by the CID officials."The company had collected Rs. 2,200 crore from its investors.While Rs. 600 crore was transferred to Singapore, over Rs. 300 crore was distributed to the investors while bank accounts with Rs. 40 crore belonging to the company have been frozen.We have to know where the remaining amount has gone," sources said.The sleuths, through the Ministry of Home Affairs, are likely to get in touch with the Singapore government to know what action their government has taken against the company, as there were reports that the company's bank accounts in Singapore were frozen.Meanwhile, the CID has prepared a list of certain companies operating from Hyderabad, suspected to be running fraudulent schemes."Enquiries have begun against such companies which are operating in the name of real estate firms or claiming to sell consumer goods," sources said.When contacted, CID, IG Jitender advised people not to fall prey to such firms which dupe people of their hard earned money.The CID had registered a case against Singapore-based SpeakAsia on June 21 for running the money circulation business in India without any valid license.But, the money circulation business is banned in India under the Act of Prize Chits and Money Circulation Scheme (Banning) Act, 1978.
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