#scamster nation so like three people

[braindos]

Hi scamster nation

[quick-news]

Mahadev App Case: Hawala operator Hari Shankar Tibrewala enters the Indian markets hall of infamy

The Dubai-based hawala operator is wanted by ED for allegedly manipulating the stocks of over two dozen small-cap companies whose shares have fallen steeply over the last few months.

Hari Shankar Tibrewala, a shadowy Dubai-based hawala operator, is the latest to join a long list of individuals whose actions have led to seismic movements in the Indian stock market. Tibrewala is alleged to have manipulated stocks of over two dozen small-cap companies whose shares have fallen steeply over the last few months. While the man now has the directorate of enforcement (ED) on his tail for operating money laundering networks that funnel funds into the Indian markets, investors have already lost hundreds of crores.

This latest instance of market manipulation shows despite the best efforts of regulators, markets remain vulnerable to finagling by unscrupulous individuals. It is a trend that has continued uninterrupted for over 150 years.

Possibly, the first-known instance of one man playing an outsized role in a market collapse in the country dates back to 1863 when Premchund Roychand, often referred to as the Bullion King and Cotton King of the time, triggered a massive 80 percent fall in the Indian markets over a period of months. Roychand, who was instrumental in setting up the Native Share and Stock Brokers Association (today’s Bombay Stock Exchange) back in 1875, was no scamster.

However, he did exploit the huge demand for cotton from India created by the American Civil War of 1861 to trade cotton futures using investors’ money. All was well until the end of the civil war in 1865 when the bubble burst and dozens of brokers and investors who had followed his lead went bankrupt while the Chartered Presidency Bank of Bombay and the Asiatic Banking Corporation collapsed.

Over the years, other minor scams kept hitting the Indian market at regular intervals, but till the early 1980s, volumes were low, which meant that the falls didn’t really impact most people. A rare occasion when a market activity grabbed the attention of the nation was in 1982 when a bear cartel based in Bengal and led by Manu Manek, who was so powerful at the time that he was nicknamed Black Cobra, took on the rising star of Indian business, Dhirubhai Ambani.

At that stage, the markets followed a 14-day settlement period, which allowed bears like Manek to short lakhs of shares of RIL. As a consequence, its share price dropped nearly 10 percent in just a matter of hours. Typically, shortsellers make their money on such falls in a stock’s price, and Manek carried out the manoeuvre successfully with many other companies. But in Dhirubhai, he met his match.

The RIL founder rallied his friends and family to pick up the company’s shares from the open market, sending its price surging. When the day of reckoning arrived, and the bear cartel had to produce the shares that had been bought, they didn’t have the shares. In the resultant chaos, the BSE was shut down for three days until the bear cartel accepted defeat.

The first true stock market scamster in India was the notorious Harshad Mehta, whose handiwork led to a 13 percent plunge in the Sensex. Ironically, a decade later, Ketan Parekh, a protege of Mehta, engineered his very own “pump and dump” scheme that entailed driving up the stocks of handpicked companies (dubbed K10 stocks) using money borrowed from banks and other financial institutions. But proving the old adage that greed may be good but too much of it is disastrous, his machinations too came to nought as the scam unravelled.

In between, the market was rocked by yet another massive scam in 1996 involving crores of rupees thanks to the handiwork of Chain Roop Bhansali, whose Ponzi scheme is considered one of the biggest mutual fund frauds in India.

In this gallery of dodgy operators, honourable mention must be made of Chitra Ramkrishna and the mysterious Himalayan Yogi, who are associated with what is called the NSE Colocation scam in 2015. There was also Roopalben Panchal, who, along with her associates, used several thousands of bank and demat accounts to corner shares reserved for retail investors in several IPOs in the period 2003-2005.

Of course, none of these people who rocked Indian markets can hold a candle to the notorious Bernard Lawrence Madoff, who masterminded the largest known Ponzi scheme in US markets, worth an estimated $65 billion. Madoff, incidentally, was at one-time chairman of the Nasdaq stock exchange!

[tradevalue]

Mahadev App Case: Hawala operator Hari Shankar Tibrewala enters the Indian markets hall of infamy

The Dubai-based hawala operator is wanted by ED for allegedly manipulating the stocks of over two dozen small-cap companies whose shares have fallen steeply over the last few months.

Hari Shankar Tibrewala, a shadowy Dubai-based hawala operator, is the latest to join a long list of individuals whose actions have led to seismic movements in the Indian stock market. Tibrewala is alleged to have manipulated stocks of over two dozen small-cap companies whose shares have fallen steeply over the last few months. While the man now has the directorate of enforcement (ED) on his tail for operating money laundering networks that funnel funds into the Indian markets, investors have already lost hundreds of crores.

This latest instance of market manipulation shows despite the best efforts of regulators, markets remain vulnerable to finagling by unscrupulous individuals. It is a trend that has continued uninterrupted for over 150 years.

Possibly, the first-known instance of one man playing an outsized role in a market collapse in the country dates back to 1863 when Premchund Roychand, often referred to as the Bullion King and Cotton King of the time, triggered a massive 80 percent fall in the Indian markets over a period of months. Roychand, who was instrumental in setting up the Native Share and Stock Brokers Association (today’s Bombay Stock Exchange) back in 1875, was no scamster.

However, he did exploit the huge demand for cotton from India created by the American Civil War of 1861 to trade cotton futures using investors’ money. All was well until the end of the civil war in 1865 when the bubble burst and dozens of brokers and investors who had followed his lead went bankrupt while the Chartered Presidency Bank of Bombay and the Asiatic Banking Corporation collapsed.

Over the years, other minor scams kept hitting the Indian market at regular intervals, but till the early 1980s, volumes were low, which meant that the falls didn’t really impact most people. A rare occasion when a market activity grabbed the attention of the nation was in 1982 when a bear cartel based in Bengal and led by Manu Manek, who was so powerful at the time that he was nicknamed Black Cobra, took on the rising star of Indian business, Dhirubhai Ambani.

At that stage, the markets followed a 14-day settlement period, which allowed bears like Manek to short lakhs of shares of RIL. As a consequence, its share price dropped nearly 10 percent in just a matter of hours. Typically, shortsellers make their money on such falls in a stock’s price, and Manek carried out the manoeuvre successfully with many other companies. But in Dhirubhai, he met his match.

The RIL founder rallied his friends and family to pick up the company’s shares from the open market, sending its price surging. When the day of reckoning arrived, and the bear cartel had to produce the shares that had been bought, they didn’t have the shares. In the resultant chaos, the BSE was shut down for three days until the bear cartel accepted defeat.

The first true stock market scamster in India was the notorious Harshad Mehta, whose handiwork led to a 13 percent plunge in the Sensex. Ironically, a decade later, Ketan Parekh, a protege of Mehta, engineered his very own “pump and dump” scheme that entailed driving up the stocks of handpicked companies (dubbed K10 stocks) using money borrowed from banks and other financial institutions. But proving the old adage that greed may be good but too much of it is disastrous, his machinations too came to nought as the scam unravelled.

In between, the market was rocked by yet another massive scam in 1996 involving crores of rupees thanks to the handiwork of Chain Roop Bhansali, whose Ponzi scheme is considered one of the biggest mutual fund frauds in India.

In this gallery of dodgy operators, honourable mention must be made of Chitra Ramkrishna and the mysterious Himalayan Yogi, who are associated with what is called the NSE Colocation scam in 2015. There was also Roopalben Panchal, who, along with her associates, used several thousands of bank and demat accounts to corner shares reserved for retail investors in several IPOs in the period 2003-2005.

Of course, none of these people who rocked Indian markets can hold a candle to the notorious Bernard Lawrence Madoff, who masterminded the largest known Ponzi scheme in US markets, worth an estimated $65 billion. Madoff, incidentally, was at one-time chairman of the Nasdaq stock exchange!

[moonchronicles-blog]

The Vyapam Scam - What Was Dr. Anbumani Ramadoss Doing?

Madhya Pradesh. This central Indian state is currently under the rule of the BJP under three time CM Shivraj Singh Chouhan and heading for a fourth consecutive win with the house of the opposition party Congress divided into warring factions.

Shivraj Chouhan of the BJP became CM of Madhya Pradesh on 11/29/2005 while the Congress was in power at the center.

But what plagues this state? The massive Vyapam scam that is roughly estimated to be INR 65 billion or $1 billion (conservative). Now what is the Vyapam scam? It’s a scam involving admissions into medical colleges.

Vyapam (Vyavsayik Pariksha Mandal) or Professional Examination Board is an autonomous body in the state which conducts exams to enter professional courses such as medicine and engineering and also get MP government jobs. There were scams in all professional courses/degrees, but in the case of medicine, it was exceptional as each seat was literally auctioned for INR 1 to 7 million! This will be covered soon.

Unlike us in Tamil Nadu, who (till traitor OPS and his criminal gang sold out our interests late last year) write our board exams alone to get admissions to top medical institutes like Stanley’s / MMC, in other states, they need to write an entrance exam. India wide, medical seats are coveted and so the cost for each seat goes into millions. Even in our case, getting a medical seat without an entrance exam in Ramachandra’s Medical College or SRM would cost us minimum 5 to 6 million. In other parts of India, it’s much more valuable. 

What were the highlights of the Vyapam scam? 1 A middleman arranged for bright students to impersonate applicants during exams while invigilators looked the other way. Invigilators were bribed to allow applicants to cheat by copying impersonators. In such cases, applicants apparently left their answer sheets blank to be filled up later based on the marks they were given. 2 Question papers were leaked before exams so students could prepare the answers in advance. 3 OMR sheets were left blank to be filled in later based on the marks given to applicants. 4 Final results and medical seats were influenced by money power. Each medical seat was auctioned from INR 1 million to 7 million. 5 In other words, truly meritorious students were short-charged and had to pursue other courses. In some extreme cases, it led to suicides.

Irregularities in medical test results were detected in 2009 and hundreds of arrests were made in 2011 after an investigation. It was only in 2013 that the gravity of the scam came to light, with information about the involvement of different officials at different hierarchical levels in the government.

DMAT scam: http://timesofindia.indiatimes.com/city/bhopal/Dental-and-Medical-Admission-Test-Scamsters-operated-in-cyber-cafes-colleges/articleshow/23920256.cms Dental & Medical Admission Test scam. DMAT is an exam in MP written for admission to private medical colleges in MP. Massive money power came into play. Applicants, based on money, were given the DMAT scores they paid for and were instructed to leave their OMR sheets blank to be filled up later. The middlemen were medical college owners who wanted to sell their medical seats to kids of rich parents. They mediated between the parents and the officials who conducted DMAT. MBBS seats were sold in the range of INR 5 to 10 million.

MP PMT scam: 1 http://www.hindustantimes.com/bhopal/mp-pmt-scam-racketeers-targeted-quota-candidates/story-4H7QHa4n8xbSgY9Kc5ClJJ.html 2 http://www.news18.com/videos/india/mp-scam-splits-mp-students-arrested-phoner-696333.html 3 http://timesofindia.indiatimes.com/india/100-fake-doctors-MP-hit-by-Munnabhai-scam/articleshow/11285266.cms This was yet another scam wherein impersonators, usually bright students from UP & Bihar, were paid around 50k to 100k to write exams for applicants, once again rich kids. At least 6 private medical colleges were involved in this scam. Plenty of arrests were made in 2013 regarding this issue.

This scam started way back in the 1990s itself, but became chronic after BJP took over in 2005. This puts the reliability of MP’s hospitals and its doctors in the dumps. There were irregularities in the MP PMT (Madhya Pradesh Pre Medical Tests) in the years 2008, 2009 and 2011 as far as we know.

Till date, there have been at least 48 known deaths of people who went to investigate the matter. 

Now on to the next part of my titular question.

Who was the health minister during UPA 1 from 2004 to 2009 around the same time BJP took over MP? It was none other than PMK’s Dr. Anbumani Ramadoss.

Dr. Anbumani Ramadoss has a case in CBI pending against him. 1 http://www.thehindu.com/news/national/Anbumani-illegally-allowed-admission-in-medical-college-CBI/article12138428.ece 2 http://www.thehindu.com/news/national/cbi-chargesheets-anbumani-for-abuse-of-office/article3360845.ece

This is for illicit admissions to 2 colleges: One in Uttar Pradesh (Rohilkhand Medical College and Hospital in Bareilly) and the other in Madhya Pradesh. The IMCHRC (Index Medical College, Hospital & Research Center at Bhopal, MP) was founded by Suresh Singh Bhadoriya in 2006. This college didn’t have enough infrastructure, facilities nor eligible faculty to be even deemed an eligible medical college. The MCI (Medical Council of India) had warned Dr. Anbumani against giving clearance to IMCHRC. Even after MCI inspectors said admissions may not be permitted due to its deficiencies, Bhadoriya and Anbumani formed a central team to obtain a favorable report and issue permission to renew admissions for the 2008-09 batch. https://www.pressreader.com/oman/oman-daily-observer/20150820/281895886984543

The other prominent people in CBI’s charge-sheet are: 1 K. V. Rao, a director in the Cabinet Secretariat 2 Sudarshan Kumar, section officer in the Health and Family Welfare Ministry 3 Dr. J. S. Dhupia and Dr. D. K. Gupta, two senior faculty members at Delhi's Safdarjung Hospital 4 S.K. Tongia, ex-Dean of IMCHRC, K.K. Saxena, Medical Director of IMCHRC, Nitin Gothwal, HR manager, Pawan Bhambani, director of administration, medical director Dr. K.V. Saxena and some other people under various provisions of the Prevention of Corruption Act.

What are the charges against Dr. Anbumani Ramadoss regarding this matter? A sitting MP, Ramadoss has been accused of criminal conspiracy, cheating, forgery, using forged documents as genuine under the Indian Penal Code and under the Prevention of Corruption Act. http://www.tribuneindia.com/news/nation/ramadoss-to-be-charged-with-corruption-in-medical-college-admissions/142887.html 

Here’s something very interesting: http://www.advocatekhoj.com/library/judgments/announcement.php?WID=3880 If you love reading meticulous articles, I suggest reading the above! 

These dysfunctional money grabbing dungeons were given clearance by Dr. Anbumani Ramadoss who also aided admissions to the same! Imagine the plight of future patients who might have to be treated by these fraud MBBS ‘doctors’!

So it’s becoming increasingly clear that Ramadoss knew what was brewing in Madhya Pradesh under Shivraj Singh Chouhan. My question is: Why was he silent over the matter (and still is)? Is this the action of a responsible doctor? The same way, he never opposed NEET despite its blatant discrepancies. In fact, the only party in TN to oppose NEET is DMK. Everybody else has yielded with no resistance.

Here is some circumstantial evidence regarding irregularities in the PMT exam (Pre Medical Tests, which have been around since the late 1990s/early 2000s) in India over the years. http://www.universityworldnews.com/article.php?story=20140828171239580 If you read the article, the highlight lies here: “Hundreds of students have been suspended in recent months for allegedly using “unfair means” to clear the Pre Medical Test, or PMT, conducted between 2006 and 2013 and secure admission to undergraduate medical courses.” Who was the health minister during UPA 1? Dr. Anbumani Ramadoss. Who was the health minister during UPA 2? Ghulam Nabi Azad. If, and IF, the above allegation is true, both should be investigated over irregularities in PMT over the years.

Now the question essentially becomes this: Are RMC in UP and IMCHRC in MP the only colleges Anbumani was involved in, or are there more colleges in India affected by Anbumani’s lapses? Only a thorough investigation can bring further matters to light.

That for Dr. Anbumani Ramadoss.

Now on to the final and the most crucial part of it all - my warning to DMK regarding this man.

This is something I discussed within closed circles, but it seems the time to release this for public reading has come.

We’re all witness to the serial murders around late JJ’s Kodanad Estate and the death of MLA Vijayabhaskar’s friend. It eerily resembled the Vyapam murders. Of course, for the well informed, it’s the handiwork of BJP. However what has Anbumani got to do with this?

CBI halted the investigation against Anbumani earlier this year. Around the same time, political circles in Tamil Nadu are well aware of the fact that Modi/BJP paid PMK a sum of INR 20 billion to attack DMK and keep public attention off BJP’s failures and deceit. 

Sounds plausible? In a way yes, that was how Vaiko played JJ’s B-team in the name of People’s Welfare Front. But what’s the difference in the case of PMK playing BJP’s/Modi’s B-team? 

Dear DMK friends, remember Rajiv Gandhi? Most of us know the REAL man behind his assassination. However DMK had to bear the blame for the crime of LTTE which was funded by MGR & LTTE sympathizers in the USA and aided logistically by Subramanian Swamy. More on that episode here: http://www.noolaham.org/wiki/index.php/Lanka_Guardian_1991.10.15 Read pages 2 to 6 to know more of it.

Any response to PMK by DMK would most possibly be used by BJP to ensnare DMK. Just like Subramanian Swamy and Natarajan setup the LTTE & Rajiv Gandhi to ensnare DMK, Modi & Amit Shah are setting up Anbumani Ramadoss. In other words, Modi & Shah are most probably attempting a Subramanian Swamy / Rajiv Gandhi Mark-II on DMK. This is something Modi & Shah are highly capable of carrying out. I am personally happy that MK Stalin & DMK are keeping their distance from PMK. DMK should maintain this and ignore PMK till the end. Given the power BJP has over the media, it’s best never to fall into this BJP trap. Ignore PMK and engage the common public over the pressing issues they face in everyday life due to the inefficiency of the ADMK administration and the insanity of the central Modi administration.

I’m NOT alleging BJP are doing this yet, but I believe they are highly capable of it, given their greed for power. 

With that, I conclude this post. More details will be added as and when I get them.

Thank you all for reading. Have a great day.

[digitalmark18-blog]

As internet 'spoofing' gets better, you may surf into a sea of sharks

New Post has been published on https://britishdigitalmarketingnews.com/as-internet-spoofing-gets-better-you-may-surf-into-a-sea-of-sharks/

As internet 'spoofing' gets better, you may surf into a sea of sharks

It’s easier than ever to get waylaid on the internet, diverted to dangerous territory where scam artists await with traps baited for the unsuspecting user.

It’s all about devious misdirection, fumble-fingered typing and how our brains can confuse what our eyes see. Big money can await the clever scamster, and costs are rising for corporations and politicians who do not take heed.

The problems lie in the inner workings of the internet, and touches on issues like the vast expansion of the combination of words, dots and symbols that comprise internet addresses.

It’s no longer just .com, .net., .org and a handful of others. Now, there are 1,900 new extensions, known as top-level domains, things like .beer, .camera, .city, .dating, .party and .shop.

“We see a ton of them being used maliciously,” said Mikko Hypponen, chief research officer at Finnish security company F-Secure, who called the new endings “a big headache.”

The problems revolve around what computer scientists refer to as “spoofing” of the Domain Name System, or DNS, which has been called the phone book of the internet. It’s been going on for a while, and touches on what users type into the address bar of a browser window or click on at a website. There are new ways to make phony addresses look real.

“Creating a spoofed domain name, or even hijacking a domain name, has become a lot easier today,” said Israel Barak, chief information security officer at Cybereason, a cyber security firm based in Boston.

Just a few years ago, spoofing an internet address, say, microsoft.com, was primitive.

“You would have to maybe change that ‘i’ to a 1. I’m going to be M1crosoft with a 1 today, or even change the ‘o’ to a zero, or change the ‘t’ to a seven. For senior citizens with fuzzy vision like I’m starting to get, you might squint at that and say, ‘Looks like Microsoft to me,’” said Paul Vixie, chief executive of Farsight Security, a San Mateo, Calif.,company.

An internet pioneer, Vixie has been involved in its governance for three decades. He is an architect of some of the protocols used in the DNS system and advises the non-profit Internet Corporation for Assigned Names and Numbers, the Los Angeles non-profit that serves as the guardrails for the borderless global internet.

But Vixie said the internet is still in its Wild West phase. He compared the online world today to the era of highways before seatbelts and airbags.

“It just takes us some time to catch up. First, you innovate, you kill a lot of people or steal a lot of money, whatever it is, and then somebody comes along and says we got to secure this somehow. We’re still in that first phase here,” Vixie said.

To bridge the gap between English-speaking and non-English-speaking worlds, internet organizers have incorporated domain names utilizing characters covering 139 modern and historic scripts. It’s not just major scripts like the Cyrillic alphabet and Chinese characters. It’s also Runic, Buhid, Rejang and dozens of other obscure language scripts.

Scamsters have had a field day with parts of those scripts. They’ve inserted look-alike characters into internet addresses, sending users to bogus malicious, websites.

Vixie said numerous distinct characters look like the Roman letter “i.”

“They are completely visually the same down to the last pixel on your screen to the real lower-case ‘i.’ So there is no way that you’re going to tell the difference,” he said.

Inserting such exotic characters into a link is one technique criminals employ to send users to look-alike sites that may appear to be a bank website, a Gmail troubleshooting page or some other page that asks for a username and password. Other techniques are also used.

In some cases, adversaries target employees of a corporation, nuclear plant, military unit or other high-value facility where they seek a digital foothold. The hackers send the targets tailored emails with the malicious links.

“It’s easy(and) it’s cheap,” said Tom Richards, co-founder and chief strategy officer for GroupSense, a Virginia cyber threat intelligence firm.

As a hacker, Richards said, “All I need to do is register a website that looks like my target and then send that to a handful of employees or people affiliated with the organization or potentially even customers. And then I can trap them. I can send them malware. I can get them to fill out a form.”

“It’s embarrassingly effective.”

Not so long ago, companies would buy common domain names that were almost like their normal websites, but off by a letter to ensure clumsy typists wouldn’t go astray. So, in the case of Walgreens.com, if you type in walgreen.com or walgrens.com it will still take you to the drugstore chain’s site. .

With the proliferation of new domain names, the task has grown more difficult.

“It is getting harder and harder for companies. There are just so many combinations,” said Steve Manzuik, director of security research at Duo Security, an Ann Arbor, Michigan, vendor of cloud-based security services.

Some cyber security experts suggest that average internet users need to get more savvy about phony websites, reading the components of what is in the address bar, like domain names and suffix paths. Others say that expects too much of average internet users.

Most users see “dots and slashes and question marks. They don’t know what this means,” said Rich Smith, director of Duo Labs, the advanced security research team at Duo.

FILE – This May 23, 2018 file photo shows Sen. Kamala Harris, D-Calif., speaking in Washington. Harris has been the target of social media misinformation campaigns since she became a U.S. senator. Every month for the last 18 months, her office has discovered on average between three and five fake Facebook profiles pretending to be hers, according to a Harris aide. It’s unclear who creates the pages, which are often designed to mislead American voters about the ambitious Democratic senator’s policies and positions. (AP Photo/J. Scott Applewhite)

J. Scott Applewhite AP

As election season approaches, some politicians are taking special care to ensure variants of their website addresses aren’t snatched up and registered by foes. Other politicians are less aggressive. At a recent talk at the DefCon hacker convention, a father-son election research team, Kevin and Joshua Franklin, cited two websites that troll incumbent politicians.

One targets Rep. Devin Nunes, the California Republican who chairs the House intelligence committee and is a sharp critic of Special Counsel Robert Mueller’s probe into Russian efforts to interfere in the 2016 election. Users who click on a website with an address similar to his re-election site arrive at a website partly in Russian with a photo of Nunes in a Stalinesque pose.

Pranksters also trolled Sen. Kirsten Gillibrand, a New York Democrat, with the website of the Democratic Socialists of America.

At least one congressional candidate, Republican Pete Stauber of Minnesota, has prepared well, registering 37 domain names that are variants to ensure an opponent doesn’t troll him., Joshua Franklin said. Stauber’s campaign didn’t respond to a message seeking comment.

Tim Johnson: 202-383-6028,@timjohnson4

Correction: An earlier version of this story misspelled Sen. Kirsten Gillibrand’s name.

Source: https://www.mcclatchydc.com/news/nation-world/national/national-security/article216791995.html