Unaccounted-for and untaxed cash generated by dealings in a black economy, black market, or organized crime. holders of black money try to convert it into legitimate ('clean' or 'white') money through money laundering.
The black money scam, sometimes also known as the 'wash wash scam', is a scam where artist attempt to fraudulently obtain money from a victim by persuading him or her that piles of banknote-sized paper in a trunk or a safe is really money which has been dyed black (e.g. to avoid detection by customs). The victim is persuaded to pay for chemicals to wash the "money" with a promise that he will share in the proceeds.
Swiss bank revealed India has more money than rest of the world !!!!!!!!!
This is so shocking.. ..If black money deposits was an Olympics event..
India would have won a gold medal hands down. The second best Russia has
4 times lesser deposit. U.S. is not even there in the counting in top
five! India has more money in Swiss banks
than all the other countries combined!
Recently, due to international pressure, the Swiss government agreed to
disclose the names of the account holders only if the respective
governments formally asked for it.. Indian government is not asking for
the details... ..no marks for guessing why?
We need to start a movement to pressurize the government to do so! This
is perhaps the only way, and a golden opportunity, to expose the high
and mighty and weed out corruption!
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Please read on..and forward to all the honest Indians to..
like somebody is forwarding to you...
and build a ground-swell of support!for action !
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Is India poor, who says? Ask the Swiss banks. With personal account
deposit bank of $1,500 billion in foreign reserve which have been
misappropriated, an amount 13 times larger than the country's foreign
debt, one needs to rethink if India is a poor country?
DISHONEST INDUSTRIALISTS, scandalous politicians and corrupt IAS, IRS,
IPS officers have deposited in foreign banks in their illegal personal
accounts a sum of about $1500 billion, which have been misappropriated
by them. This amount is about 13 times larger
than the country's foreign debt. With this amount 45 crore poor
people can get Rs 1,00,000 each.
This huge amount has been appropriated from the people of India by
exploiting and betraying them. Once this huge amount of black money and
property comes back to India , the entire foreign debt can be repaid in
24 hours. After paying the entire foreign debt,
we will have surplus amount, almost 12 times larger than the foreign
debt. If this surplus amount is invested in earning interest, the amount
of interest will be more than the annual budget of the Central
government. So even if all the taxes are abolished,
then also the Central government will be able to maintain the country
very comfortably.
Some 80,000 people travel to Switzerland every year, of whom 25,000
travel very frequently. 'Obviously, these people won't be tourists..
They must be travelling there for some other reason,' believes an
official involved in tracking illegal money.. And, clearly,
he isn't referring to the commerce ministry bureaucrats who've
been flitting in and out of Geneva ever since the World Trade
Organisation (WTO) negotiations went into a tailspin!
