VISAREV investors to lodge FIR against ‘leaders’ if Feb 12 deadline not kept


IMPHAL Feb 2: Alleged bullion-trading company VISAREV neglected to pay out investors for the last four months and failed to meet the announced dateline for payment twice.
The company promised investors earlier that they will get returns within December 25 last which extended further upto January 31, 2011 , now the VISAREV website claims that backlog payment will be made for the month of October 2010 within February 12.
Apprehensive investors who want to remain anonymous told IFP, that the nature of the network company has become doubtful as the company has failed to keep its word and moreover, many ‘leaders’ of VISAREV have fled the state.
The investors complained that all clarifications of the Network Company are based on hearsay and speculation leading to confusion amongst the investors, further the credibility of the announcement in the company website has become doubtful as the earlier advertisement for pay outs failed to meet the commitment.
The alarmed investors in a bid to recoup their investments have chalked out a strategy in case VISAREV fails to meet the February 12 deadline. They told IFP that the earlier reports carried by the newspaper warning that the VISAREV company is a scam is becoming clearer day by day .Some investors have formed a group which will collectively lodge a First Information Report (FIR) to the police against the leaders of the state, so the real culprits can be booked under provisions of the law and the losses of the investors can be salvaged upto a reasonable amount. The investors mainly from greater Imphal area appealed to investors from other areas of the state to form pockets and to make list of names, so that a collective body can be formed to press charges against the alleged scamsters. The investor pocket of greater Imphal area stated that contact telephone numbers of the group will be notified before February 10 in the media, so that other investors can join hands together to get justice.
It may be mentioned that 12 leaders of Jitnex Company were arrested on charges of duping the public after a collective body of investors lodged a FIR to Singjamei police station.

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  1. i am Manju devi from faridabad i invested my hard earned 2 lacs in visarev and they flew away with my money please i need my money back.i invested through agent-
     012,Kumar Manglum,Delhi,India

    please do  take legal actions and return my principal amount

  2. i am VIJAY MITTAL from PANIPAT i invested three lacks in visarev through JASMIT SACHDEVA PANKAJ BHATNAGAR GHROUND sachdeva boot house panipat till today i get nothing i want to send these two cheaters into JAIL what can i do

  3. The Visarev cheats stole my Rs. 2.5 lakhs and fled.  Never ever have anything to do with these crooks as they are thieves.  I did not even get one payment after investing this above stated amount.  Another family member also invested Rs. 2.5 lakhs and they stole that money too and fled.  They are big thieves and their dooms day not far off from now.  All the Visarev culprits are going to be caught shortly and their fraudulence act is going to come to the limelight soon.   

  4. I’m also  one of the visarev investor and lost few amount of money, not big amount but poor people like me it is big.
    Jetherson Sangma, Tura

  5. what is this? is complaint gonna work? then what the hell lakhs of people who invested their lives in it doing still?? i want to know the current status of this group who is filing a case against this scam so that i could also join, if its gonna bring some positive me : [email protected]

  6. satveer singh chaudhary mathura also visarev investor ,i have loss 5 lakh’s in visarev|plz te’me what should we do against no. +91-9411615215

  7. there is a one more company Global wing it is also a froad , i have a investment of 1.5 lakh in it.But even though i havn’t recive any one is also in manipur Imphal,i am also with u

  8. visarev m mene 15 lakh rupaye lagaye the uska koi payment nhi aaya visarev ne nai side banayi h virgingold k naam se wo b farud sideplz usme bhi koi invest na kre mene invest kiye uska bhi payment nhi aa raha h

  9. visarev m mene 15 lakh rupaye lagaye the uska koi payment nhi aaya visarev ne nai side banayi h virgingold k naam se wo b farud sideplz usme bhi koi invest na kre mene invest kiye uska bhi payment nhi aa raha h

  10. pawan suthar from Jaipur
    am also visarev investor ,i have loss 5 lakh’s in visarev|
    plz te’me what should we do against visarev.
    contact no. +91-9782866101

    •  Dear Honey,
        Gather and organize likes of you in your area, then lodge FIR in local police station. Also see reply of Meecham below. Lets be united against Visarev Scam, lets not let them go free unpunished.


  11. I am with all our friends who have invested in Visarev. These leaders sitting in Malaysia
    enjoying on our hard earned money, should be taught lessons. PUT THEM BEHIND BARS.
    I am with you all.

    • Dear Balvinder, This peoples are not based in Malaysia. They used to have one virtual office there but the Malaysian govt shut off all similar types of company ( company still can have virtual office out there but now lots of verification are required). This Visa Rev and Unipay are the same sister company. They claim that their office is based in Bangalore but according to their ROC (registerd of company) they are based in Chennai. And their registered address is- Flate No. G1, Door No 5/1 Plote no 101, Kumaran colony, 3rd street Vada Palani, Chennai 600026.  Date of incorporation was 1st Jun 2009. Company identification no(CIN) U74999TN 2009PTC071782. Registered in ROC Chennai office -Block No6 B wing 2nd Floor, Shastri Bhavan 26, Haddows Road, Chennai, Tamilnadu-60034. E-mail address given at the time of registering to ROC is “[email protected]’ Registration No. to ROC is 071782. Their authorized capital is only Rs 1 Lakh. Company limited by shares. Their company capital is not even the mark of small time shops or business establishment but they made people convinced that they are multibillion company. Hope this little information can help in tracing those culprits. Gud luck.

  12. The leaders of visarev are giving fake promises to the clients and dowline persons who had invested in the company by taking loans, selling properties,withdraw FDs and other sources. But our upline leaders are not taking care to amde payments to the poor peoples. This will show the bad attitue of the companies. If the payment will not made A LESSON SHOULD BE TAUGHT TO UPLINE LEADERS AND COMPANY AUTHORITIES.


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