Trader Selling Karma Futures Charged with Securities Fraud
EAP: Arjun Bhat was an accountant who decided to marry his profession with his Hindu faith and propel his career to stratospheric levels. As the only son of Indian immigrants to Sydney Australia he had seen relatives and friends soar to social heights beyond himself. He did not have 3 rental houses, 2 luxury European cars and a weekend house in the Blue Mountain like his cousin Sai and he had to refuse an offer to enter into a joint investment venture by another cousin, Aditya, for lack of sufficient capital.
To this end Arjun looked to a new business opportunity inspired by his own job of keeping balances. He realised that Karma was an accounting system. Pluses and minuses on a ledger all accounted for the karma someone carried into their next lives. Arjun realised that many sub-continent business people were caught between a desire for this life to be reflected in their next life in a positive and doing well in this life as one conflicted with the other with prospering n this life frequently accruing negative karma entries.
Thus was born the karma futures securities business which initially worked in much the same way as "indulgences" worked for the medieval Christian church. In fact it was in listening to a Christian witness on the street preaching what was wrong with the Catholic Church that he business opportunity came to mind like a road to Damascus moment.
Arjun Bhat however soon his business model could be expanded by taking confidences from clients regarding other business men and women, confidences which could be used to leverage more clients on to his books. This captivated his client base into a more ethnically and theisticly diverse client base as insolvent businesses continued to trade and inside traders continued to benefit by buying karma futures. In no time Bhat became one of the fastest billionaire fortunes made.
On the basis of his rising fortune Bhat decided he needed hedge against the inherent risks by chopping, dividing and repackaging accounts into ever more 3 letter acronyms, using such 3 letter acronyms as collateral for leveraging riskier investments and making new instruments as he went. Ultimately Bhat was selling annuities which would mature in a future life.
Things started unraveling however with the collapse of Strange and Co property developers who exposed by the collapse of a block of apartments killing hundreds of residents. Administrators found an unexplained substantial flow of revenue back to Bhat Securities. The Australian Taxation Office became interested and complaints of fraud and extortion had been filed to the federal police and ASIC, the securities watchdog. Legal spokesman, for Bhat, Len Crovick told EAP that at no point was Bhat Securities extorting money out of clients but simply ministering to their after life needs and securing present life karma as well. He said "Sometimes misdeeds can haunt wrong doers in this life and clients sought to hedge against these eventualities, which we were happy to provide."
Last week Arjun Bhat was arrested and charged on multiple counts. The files seized promise to be embarrassing to many public figures.
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Evil Atheist Press - August 2019
To this end Arjun looked to a new business opportunity inspired by his own job of keeping balances. He realised that Karma was an accounting system. Pluses and minuses on a ledger all accounted for the karma someone carried into their next lives. Arjun realised that many sub-continent business people were caught between a desire for this life to be reflected in their next life in a positive and doing well in this life as one conflicted with the other with prospering n this life frequently accruing negative karma entries.
Thus was born the karma futures securities business which initially worked in much the same way as "indulgences" worked for the medieval Christian church. In fact it was in listening to a Christian witness on the street preaching what was wrong with the Catholic Church that he business opportunity came to mind like a road to Damascus moment.
Arjun Bhat however soon his business model could be expanded by taking confidences from clients regarding other business men and women, confidences which could be used to leverage more clients on to his books. This captivated his client base into a more ethnically and theisticly diverse client base as insolvent businesses continued to trade and inside traders continued to benefit by buying karma futures. In no time Bhat became one of the fastest billionaire fortunes made.
On the basis of his rising fortune Bhat decided he needed hedge against the inherent risks by chopping, dividing and repackaging accounts into ever more 3 letter acronyms, using such 3 letter acronyms as collateral for leveraging riskier investments and making new instruments as he went. Ultimately Bhat was selling annuities which would mature in a future life.
Things started unraveling however with the collapse of Strange and Co property developers who exposed by the collapse of a block of apartments killing hundreds of residents. Administrators found an unexplained substantial flow of revenue back to Bhat Securities. The Australian Taxation Office became interested and complaints of fraud and extortion had been filed to the federal police and ASIC, the securities watchdog. Legal spokesman, for Bhat, Len Crovick told EAP that at no point was Bhat Securities extorting money out of clients but simply ministering to their after life needs and securing present life karma as well. He said "Sometimes misdeeds can haunt wrong doers in this life and clients sought to hedge against these eventualities, which we were happy to provide."
Last week Arjun Bhat was arrested and charged on multiple counts. The files seized promise to be embarrassing to many public figures.
***
Evil Atheist Press - August 2019
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