The Chief Ministers Office is being fooled by KSFE Management. - Criminal still at Thalayolaparambu Branch

KSFE management is again successfully demonstrating their full commitment in protecting criminals by fooling The Chief Minister of Kerala.

As per the letter dated 19.03.2014 sent to The Chief Minister’s Office  criminal Venugopalan V.P is transferred to another branch but the fact is totally different, Criminal Venugopalan  is still working in the same Thalayolaparambu branch and he is being supported by the management to manipulate the official files and documents to hide the crime.

Managing Director of KSFE (P. Rajendran) did not had any clue on this matter when contacted over the phone (9447793000) and he stated that criminal Venugopalan is at Kumily branch, it is hard to believe that such a decision to fool The Chief Ministers office, customers and the general public can be taken by the branch manager without proper approval from the top management.

In nutshell Criminal Venugopalan V.P is working at Kumily branch as per the records but in actual he is working at the same Thalayolaparambu branch trying hard to mask all his illicit works and to protect the criminals involved from the top management of KSFE.

 

   

Photographs taken on 21^st of April at 12:30 noon to prove that the criminal is still working in the same branch making a mockery of The Chief Ministers Office.  

 

 

BEWARE – If you have any Fixed Deposits at KSFE

BEWARE – If you have any Fixed Deposits at KSFE

KSFE staff members’ uses customers fixed deposits (FD) without their knowledge to pledge against chitties and loans of friends/ relatives of staff members and bogus / forged chitties in the name of same customer.

Staff members at the branch plans and executes such scam with full knowledge of the senior management including the senior managers, members of internal audits and vigilance department of KSFE and even the Managing Director.

As per KSFE Branch Manager at KSFE Thalayolaparambu branch and the Managing Director of KSFE such practices are just minor adjustments and a scam of more than Rs 2 crore is not at all a serious matter.

Example of scam - As per documents received by RTI from the KSFE Thalayolaparambu branch following relatives of the  KSFE staff member, criminal Venugopalan V.P, are the beneficiaries of such adjustments:-

 

1. Indirakutty, Vathalloor House, Thalayolaparambu-

 (Mother in law of criminal Venugopalan V.P, Vathalloor house – KSFE staff) 

Chitty No- 21/2010-5, 12/2008-48, 5/2009-38, Loan- NCL 1254 

 2. Parameshwaran Pilla, Vathalloor House, Thalayolaparambu 

(Father in law of criminal Venugopalan V.P, Vathalloor house – KSFE staff)

Loan- NCL 1168 & Chitty No- 3/2008-60,  

3. Rajalekshmi, Vathalloor House, Thalayolaparambu –

 (Wife of criminal Venugopalan V.P, Vathalloor house – KSFE staff) 

Chitty No -14/2010-20, 6/2010-43, 22/2009-45, Loans - NCL-1279, NCL-1353,

 

 

 

Above details are posted based on Information provided by 

The Branch Manager,  KSFE Thalayolaparambu Branch 

 

 

 

 

 

MORE EVIDENCE OF SCAM AT KSFE THALAYOLAPARAMBU BRANCH - DETAILS OBTAINED BY RTI - CHEQUE PAYMENTS MADE IN THE NAME OF KSFE BY THE CUSTOMER DIVERTED BY KSFE STAFF TO ACCOUNTS OF FRIENDS, RELATIVES, FORGED CHITTIES AND TO THE ACCOUNTS OF OTHER CUSTOMERS WHO PAID CASH

This is how they cheat the customers and make money, the scam team is well protected by the managers and top management

 

Cheque payments made in the name of KSFE by the customer diverted by KSFE staff to accounts of friends, relatives, forged chitties and to the accounts of other customers who paid cash to KSFE employees or at the KSFE branch counter   

If anyone knows the unknown customers marked in the above post please feel free to contact me.....

 

Examples of forged signatures used by KSFE employees to cheat customers - Agents are also a part of scam gang as the commissions are shared

KSFE - Daylight Robbery Acknowledged by KSFE management - Thalayolaparambu KSFE branch robbed by employees and No criminal case filed yet..

For a scam of Rs 2 crores+ + at KSFE Thalayolaparambu branch ...the punishment is Transfer with promotion, the Management is quite about the N number of employees including the senior managements involvement in the  scam .... The Branch manager is threatening the complainant saying that KSFE will drag them for several years for defamation cases .... but no action on the criminals who robbed the KSFE branch cheating several customers.... and the company/ government ...    the criminals are still paid salary from government funds .....The great KSFE is setting records ....more post will come soon .... 

Four KSFE officials suspended - KSFE is just a scam group

Four KSFE officials suspended - The Hindu

KSFE management is acting like common thieves, High ranked criminals at KSFE are working hard to prove it

Scam at all levels

Want to join KSFE chitty?: What Are the New KSFE Chitty Schemes?

Want to join KSFE chitty?: What Are the New KSFE Chitty Schemes?



This is to inform the general public to beware of dealing with KSFE (Kerala State Financial Enterprises) though they claim to be a state run organization it is completely mismanaged by incompetent mob.

There are several scams happening at the KSFE branches specifically targeting NRI’s and their family members.

KSFE does not have any right to advertise and claim that they are safe, reliable and transparent as they don’t put such claims in practice.

 

The payment made by customers in cash & cheques made in the name of KSFE are also funneled out by the KSFE employees by diverting it into the accounts of their relatives and friends.  Large sum of money is funneled out by cash withdrawals using forged signatures of the customers. The management is reluctant to take any action on the criminals involved as this kind of scam involves a full team including the staff members, managers and even regional managers.

 

The management team and internal audits teams drags the customers even after getting official complaints with enough and more evidences and they support the criminals by all means. The management team also guides the criminals on how to professionally cheat customer.

If you had a similar experience or you know any one who have had such experience with KSFE feel free to post your experience to support the fight against state run Corruption Company.

Scam at KSFE Thalayolaparambu

Samples of forged signatures used to cheat customers and funnel out money with full support of KSFE branch manager and other staff members who authorized forged signatures to take a share of money funnelled out.