We are only conducting Seminars to make Professional Traders. The material published on the blog is of general and educational information only and is not suitable for trading purpose. We do not provide Stock Tips. Please do not make any payment on website. All Material is available Free on the site.

Corporate Fraud in Way2SMS Acquisition by ValueFirst Digital Media

ValueFirst Digital Media did the largest purchase of a sms sending portal i.e way2sms by paying Rs 150 Crore for the database. It is worthwhile to mention that way2sms had recently acquired 160by2.

Have a look at classic case of breach of trust where an individual kept his personal interest above his own organisational interest.

ValueFirst Digital Media has filed a case against its CEO Kumar Apoorv, his wife, and two directors of Way2Sms accusing them of fraud and criminal breach. It was seen that the two directors of way2Sms were hand in glove with Kumar and It is worthwhile to mention here that directors of Way2Sms have transferred Rs 7 crore in three instalments to the account of Kumar Apoorv.

This news of corporate bribe is going to spread like wild fire in world community and will tarnish image of Indians and mergers, acquisitions and sales will get delayed as every proposal will be seen with an eye of suspicion.

Most Visited Stocks - Click to Visit Link

We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9