Vivek Bindra Scam: Ambrish Kumar had to leave home, unable to face his family after losing nearly Rs 1 lakh to the ‘ponzi scheme’.
Sanjay | February 13, 2024 | 12:36 PM IST
NEW DELHI: After graduating from a government college in his native city Bulandshahr in Uttar Pradesh, Ambrish Kumar was looking for a job. Being physically disabled, Kumar was specifically searching for ‘work from home (WFH)’ jobs to support his family. While watching YouTube videos in April 2023, he came across a video of Bada Business Private Limited (BBPL) featuring its managing director Vivek Bindra.
“I was amused by Bindra’s personality and watched a few more videos. The videos showed many physically-disabled people like me earning lakhs every month while sitting at home. I believed them and filled their online form linked to the video,” Kumar told Careers360.
Kumar is only one among thousands of alleged BBPL scam victims who have lost their money enrolling for the Independent Business Consultants (IBC) programme. According to the complaint against Bada Business filed with the Delhi Police’s Economic Offences Wing on February 8, IBC is a ponzi scheme – a form of fraud.
Kumar paid Rs 92,000 to BBPL to join the IBC programme. After two months of “so-called training”, as he put it, he was informed about their Digital Marketing (DMT) plan, under which those who enrolled under the IBC programme either pay money to BBPL to get contact details of prospective customers or run advertisements of Vivek Bindra and BBPL videos on Facebook with their own money. He paid Rs 5,000 more to get the contact details.
“After filling the online form. I got calls from IBCs of BBPL. They told me that I can work from home and earn a huge amount of money, between Rs 1 lakh and Rs 5 lakh, while learning new business skills. I am physically disabled and I thought it would be a good source of earning to support my family. Through their ‘One App’, they provided us so-called training and made us watch videos to learn how to fool people. I was abused and yelled at when I called people to sell IBC programmes after watching those videos,” he said.
Kumar left his home as he could not “face my family after losing nearly Rs 1 lakh to Vivek Bindra’s scam”. He now stays with friends in Delhi.
“I had Rs 12,000 in my bank account and I had taken Rs 80,000 as a loan at a huge interest rate of 10% from a local lender to become an IBC. The lender’s agents would regularly come home to get the money back. My family was very upset about it and hence, I left my home. I am now living with my friends in Delhi for the past two months and looking for jobs so that I can repay my debt,” he said.
Like other victims allegedly scammed by Vivek Bindra, Kumar has also urged the Delhi Police and other government agencies to take action against Vivek Bindra and BBPL.
A criminal complaint has been filed against Bada Business Pvt. Ltd. (BBPL) and its managing director Vivek Bindra, director and Chief Operations Officer (COO) Sunil Chopra and director Tushar Gupta with Delhi Police’s Economic Offences Wing (EOW) at Mandir Marg, Gole Market, in the national capital on February 8. A total of 46 victims or complainants from Delhi were physically present during the filing of the complaint on Thursday.
The complainants have requested the Delhi Police to take cognisance of the matter and register a first information report (FIR) against the accused for allegedly destroying their lives.
“EOW accepted the complaint and provided us with a diary number. They will mark it to one of the officers who will be the IO (Investigating Officer). After they scrutinise the complaint and question the accused which is a process known as a preliminary inquiry they will file a FIR,” said advocate Apar Gupta who assisted the complainants in filing the complaint.
Disclosure | The alleged victims written about here came into contact with Bada Business and IBCs 2020 onwards. However, they came into contact with Careers360 after its founder and CEO, Maheshwar Peri spoken up about the case on social media and other media platforms.
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