Showing posts with label Amma scam. Show all posts
Showing posts with label Amma scam. Show all posts

Monday, December 9, 2013

Amma's Fake Immigration Tax Avoidance Scam

Taavi Kassila, former yoga school bankrupt and MLM pyramid selling scammer, held a party in 2008 claiming that he was emigrating to Amma's Amritapuri ashram in Kerala, India. It was a false claim but Kassila has often repeated it to the media. Why would Taavi Kassila lie? It would not have been the first time or the last.



Was Kassila launching his business to take tourists to Amma's ashram (making him a human trafficker because Amma wants makes them become mindless slaves), escaping angry ladies who he cheated or sexually abused, pretending to be finally celibate or avoid paying tax in both Finland and India?



As Indian residents ourselves with contacts in the Foreigners' Regional Registration Office and Ministry of Home Affairs we know that Taavi Kassila has failed the Indian residency criteria every year for the past five years.



In India, an individual is treated as a resident in a year if:
1. He is present in India for a total period of 182 days.
2. Maintains a dwelling place for a period of 182 days in a year and is in India for at least 30 days.
3. Has been in India for 60 days in that year and for 365 days in preceding 4 years.



Taavi Kassila paid Amma for a fake address in Amritapuri ashram. Kassila does not stay at the address. It is used by others for 11 months every year. For $12,000 Amma will sell residences and addresses to those who are willing to be celibate and slave for her. Kassila does not work at Amritapuri for more than a few days per year and is not celibate as a recent court case proved.



Is Amma running a scam to fool the Indian government and make even more money for herself? We imagine that Amma gets all kinds of benefits for pretending that she is taking care of thousands of absentee tenants. It profits both Amma and her fake Swamis, Swaminis and Bramacharinis so no one will reveal the scam.

Wednesday, August 21, 2013

63% Amma Donations Diverted Into Foreign Deposit Bank Accounts

OVER 62% OF AMMA'S WESTERNER DONATIONS SITTING IN FOREIGN BANKS. ONLY 9.2% GOING FOR HUMANITARIAN AID

The following report has been posted to the Ammachi Real Free Speech Zone group - http://groups.yahoo.com/group/Ammachi-Real-Free-Speech/message/150

And a spreadsheet attached to it in the Files section. This site is publicly accessible.

An extract from that report:

"As you can see, 62.6% of foreign contributions were not utilized. I think it is safe to assume that these contributions were added to the Math's bank accounts. This would be consistent with bank foreign interest income increasing 47.4% from 97550090 Rs in 2006-07 to 143814124 Rs in 2011-12, despite a drop in bank CD interest rates of more than 50% then.

The next largest category is hospitals/clinics, with 17.8% of contributions. These are profit generating. (The governments of India and Kerala pay for the small amount of care given to the poor.) Following this are schools/colleges and student housing with 10.5% of contributions. These are also profit- generating, rather than humanitarian enterprises.

Despite the heavy PR about Amma's relief efforts, natural calamity relief utilized only 3.6% of foreign contributions over these six years. This leaves 5.5% of foreign contributions for all of Amma's other "Embracing the World" projects.

I wonder how many devotees would be happy to learn that only 9.2% of their contributions went toward Amma's humanitarian work, 28.3% went toward investments in profit making enterprises, and 62.8% was diverted into foreign deposit bank accounts. "

Sunday, August 4, 2013

Fraud Alert - Amma Has Over $300,000,000 In Foreign Banks!

"Hug of Death" cult leader Amma Amritanandamayi is swindling and damaging the poor through her AIMS Hospital and defrauding her gullible neglected devotees. Determined investigators are uncovering a massive fraud!

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The following post was just made to another discussion group. It confirms that Amma now has over US $300 million parked in foreign bank accounts. Possibly even more than the $342 million calculated, as these are the 2012 figures!!

"The 2011-12 foreign contribution report (from 4/1/2011 through
3/31/2012) for the Mata Amritanandamayi Math is up now on the FCRA
website:

http://fcraonline.nic.in/fc3_verify.aspx?RCN=052930183R&by=2011-2012

The amount of foreign contributions during this period was 1,191,596,739
Rs. Using the average exchange rate during this period of 48 Rs to 1
US$, this is $24.8 million. Around three-quarters of this was for
"Construction/Running of hospital/dispensary/clinic". After reading up
on the subject, my understanding is that the state of Kerala pays for
care given by Amma's district medical care facilities, while the
government of India pays for the small amount of care given to the poor
at AIMS. Therefore, most of these funds were likely used to purchase
expensive medical equipment or for the construction of more commercial
hospital buildings and infrastructure.

Toward the end of the institutional donor list, bank interest is once
again the largest item. It is 205,169,556 Rs, or $4.27 million for this
year! Bank interest for 2006-7 was $2.17 million (at 45 Rs to 1$ then).
So the amount of bank interest has almost doubled during this five year
period, and the amount on deposits in banks has more than doubled, given
that interest rates have fallen.

I researched the best annual interest rates being paid on bank deposits
these days. For U.S. dollar accounts, it is 1.05%. For euros, it is 1.2%
in Germany and 1.6% in the UK. Dividing the $4.27 million of foreign
interest income by a representative 1.25% rate of interest, gives an
amount on deposit in banks of $342 million!

Can anyone tell me why Amma, who is supposed to be providing so much
humanitarian aid and help to the poor, needs to keep over $300 million
in bank accounts?"

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