AITookMyJob
Paytm might've committed forex fraud
Paytm is becoming the Enron of India with so many allegations of fraud and compliance issues.
9mo ago
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Paytm is becoming the Enron of India with so many allegations of fraud and compliance issues.
Wow, looks like VSS cut way too many corners when it came to compliance.
I wish it was just that. It looks like deliberately planned financial fraud at this point tbh. I don't believe you can mess up loan books, anti money laundering and foreign exchange law compliance at the same time just due to incompetence.
Yes, indeed. There seems to be a lot brewing underneath. It all comes down to motive as well, can't be just plain oversight or incompetence. Gunning for a so called historic IPO as the "flag bearer of the Indian startup ecosystem" and what not.
Even their most ardent fans should be questioning themselves by now.
When it rains .. it
Yup. Poor compliance then money laundering and now forex fraud. They were running a get rich quick by any means scheme
