Re: GS Financial Scam #8

Subject: Re: GS Financial Scam #8
Date: Sun, 9 Sep 2012 00:11:03 -0700 (PDT)
From: Nagaraja Rao
To: AM-GLOBAL

Baba

== RE: SCAM OF GS ==

~ Part 8 ~

Namaskar all :

When money for AMPS is deposited in someone's private account that money becomes pat of that owners account. In this case her [Lady Pratima's] personal account . If you want one rupee from that account she needs to sign and withdraw for AMPS purpose.

As for buying couple luxury homes also in her name only, that has the same problem. The deed of the house will be in her name alone. When and if she wants to sell them, then only can the transaction can take place. AMPS has no control at all.

I wonder if she is paying taxes earned on the interest to Indian government. It's sheer ignorance and pure stupidity to think she is a saint who will do GS's bidding at any given time. What if  if GS should become mentally disabled or die? Then what?  Think it over!!!

Baba Nam Kevalam.

Nagaraja Rao, USA

On 09/07/2012 09:17 PM, AM-GLOBAL wrote:

From: "Rudra Nath Pandey"
To: am-global@earthlink.net
Subject: Re: GS Financial Scam #7
Date: Fri, 07 Sep 2012 19:52:15

Baba

== RE: SCAM OF GS ==

~ Part 7 ~

(Note: This is the seventh letter in this series. Please find links to the six earlier letters below. - Eds)

Namaskar, 

"GS Dada directed all the money he borrowed from workers and margiis (i.e. the 25  – 30 lakhs rupees) to his lady friend’s personal bank. The name of the lady is Pratima (35 yrs of age) and her bank branch is in Patratu of Ramgarh district in the state of Jharkhand. All the money that GS borrowed was deposited in that account...So the new point in this letter in particular is that GS routed all the money he borrowed to Sis Pratima's account in in Patratu of Ramgarh district in the state of Jharkhand. If others know more about this, please do share." (posted 8/2/1/12)

Yes, that is 100% true.

GS Citsvarupanandji Dada directed all the money he borrowed from workers and margiis (i.e. the 25  – 30 lakhs rupees) to his lady friend’s personal bank. And he has not paid back that money.

(Note: To get an idea of how much 30 lakhs rupees is, in terms of purchasing capacity, a general laborer in India would have to work more than 82 years straight without taking a single day off in order to earn 30 lakhs rupees.)

Indeed there was doubt and concern by wts and margiis about why their money was going to a lady's personal account and not to an organisationally sanctioned bank account. But GS smoothed it over by his response - see cited portion below.

As for the details of Lady Pratima's bank account - here they are:

The name of the lady is Pratima (35 yrs of age) and her bank branch is in Patratu of Ramgarh district in the state of Jharkhand. All the money that GS borrowed was deposited in that account.

STATE BANK OF INDIA
BRANCH: PATRATU
DIST: RAMGARH
STATE: JHARKHAND
ACCOUNT NUMBER: #32179063276

So that is where all the money was deposited that GS Dada borrowed from margiis and Wts. The big question that remains is what really happened to all that money. Did he lose it as he claims or was the money spent in court cases, or does he still have most or all of it. That is the only portion of this incident that is not 100% confirmed.

The lesson learned seems to be that all money lent to Dadas for business and investment purposes should be directed to an account that is wholly transparent and accessible by responsible wts and senior margiis. Sending money to a lady friend of GS Dada is sketchy - and now we are all paying the price for that.

In keep with past letters on this topic. Here are the names of others who lost money in this scandal.

- Satyadevananda RS 20,000, Bombay
- Rajshekarananda, RS 20,000

All in all this is an unfortunate tale - I do not see any plus points in any direction. There was misplaced trust, financial loss, unaccountability, and deception.

As others have posted already, we should bear in mind Baba's divine teachings and strict guidelines on tapah and black money.

Respectfully,
Rudra Nath Pandey

Note 1: HOW GS CONVINCED THEM TO GIVE TO PRATIMA'S ACCOUNT:

EXCERPT FROM PRIOR LETTER

Here is how it happened:

When GS borrowed the money from workers and margiis he told them to send all money to Lady Pratima's bank account.

GS Citsvarupanandji assured everyone, "It will be safe there; she is a simple lady."

Naturally, workers and margiis found this to be a curious thing. They questioned, "Why direct the money there, why not in the GS or Central bank account of AMPS?"

GS replied, "No, that is not a safe place. This lady Pratima is trusted. She will not give the money to others. What I say she will do. I have full trust on Pratima. She will not disobey me. So do not worry about that."

Workers again questioned, "But her mind may change when she receives all the money - she may give money to her family members."

Citsvarupanandji cleared the air, "No, she is a most trusted person; she obeys me more than anybody."

Then GS Citsvarupanandji began to explain, "With the money that I borrow from you, I will be able to secure the 25 crore donation from overseas. Then I will purchase 3 luxurious flats in Jamalpur (very close to the Baba Quarters) and that rent will be an investment for future expenditure related with the organisation. Of course, during DMS and other functions, we will use those flats, but they will be purchased in the name of Pratima."

That was then. (posted 8/2/1/12)

NOTE 2: PREVIOUS LETTERS ON THIS SCANDAL

#1: http://am-global-01.blogspot.com/2012/06/possible-scam-by-gs.html

#2: http://am-global-01.blogspot.com/2012/06/re-possible-scam-of-gs-2.html

#3: http://am-global-01.blogspot.com/2012/07/re-scam-of-gs-3.html

#4: http://www.am-global-01.blogspot.com/2012/07/re-scam-of-gs-4.htm

#5: http://am-global-01.blogspot.com/2012/07/re-scam-of-gs-5.html

#6: http://am-global-01.blogspot.com/2012/08/re-scam-of-gs-6.html