It is learnt from various media channels
that a huge amount of Money has been seized from Kolkata and Siliguri on
24/09/2015 . This sum of money was dumped in godowns taken on rent by a peson
named Nagarajan. The
Central Board of Direct Taxes (CBDT) Thursday claimed to have recovered almost
Rs 50 crore in cash, stashed in gunny sacks and almirahs, as part of a
crackdown in Kolkata and Siliguri against lottery and hawala dealers suspected
to be channeling illegal funds to Dubai. The operation was launched in early
hours at nine locations based on inputs provided by the Intelligence Bureau
about an alleged fake lottery racket being run in West Bengal and Tamil Nadu,
an official said. The premises are owned by two firms identified as G Systems
and F P Enterprises, they said.
Officials
said the entire racket could be worth about Rs 1,000 crore and some lottery
kingpins are under the scanner.
“The
money, which was being laundered, had at their source illegal businesses. We
believe that apart from the lottery business, retails shops were also used as
fronts. It is entirely possible that some of the money has already left the
country,” said an officer.
The
officials said that a few executives of the two firms — G Systems and F P
Enterprises — are being questioned. The firms could not be reached for
comments.
Now,
that is one side of the story. We must understand the process and the business
module. We should know what is Black Money? We must understand the process of
flow of such black money in the market. How does any individual (even a daily
wages earner in India) can become Millionaire without having a PAN Card or
paying a single rupee to the Income Tax Department for his earning or without
performing any Government formalities to get this money from Lottery wining ?
Who
conducts such lotteries :
Government Agencies :
Nagaland State Lotteries, Mizoram State Lotteries
How
many draw per day :
5 to 6 draw
altogether (11:30 am, 3:00 pm, 7:30 pm)
Business
Network:
There are State level
stockiest, distributors, agencies, retailer and peddlers
How
many tickets (as claimed by the organizers) :
Total 1.60 crore
tickets, i.e. numbering 60 to 99/A,B,C,D 00000 to 99999 cost of each ticket Rs.
5/-
Process
of selling tickets:
Tickets are sold in
sets, there are set of 4,8,10,20,40,60,80,100,120,140,160,180,200,300 and 400,
each set contains same ticket of same number
. i.e. a player has to buy at least 4 tickets of a single number costing
Rs.20/- or he can buy 400 tickets for Rs. 2000/- containing the same number.
Prizes
and claiming procedure :
Rs. 10000/-, Rs.
9500/-, Rs. 9000/-, Rs. 500/- , Rs. 300/- and Rs. 130/- for 1st, 2nd
, 3rd, 4th , 5th and 6th
respectively. There is only one first prize, and as per rule of the game only
prizes above Rs. 10000/- has to be claimed with documents (Passport size photo
/ Court affidavit / Identity proof etc.) with the Director of Lotteries, of the
concerned State. Any prize below Rs. 10000/- are to be paid by the Distributor
, who is authorized to do so.
Prizes
wining :
As a player is buying
set of 4 tickets for Rs. 20/- and he gets 3rd prize, then he will be
getting Rs. 36000/- (4x9000) in cash from the distributor without submitting
any document except the winning tickets. If any player purchases set of 300
tickets , then he will be getting Rs. 27 lacs in cash from the distributor instantly
without submitting any document or paying any tax (TDS) thereof as he is
getting below Rs. 9000/- for a single ticket and as per rule of the organizers
(Govt. of Nagaland and Govt. of Mizoram) the distributor is authorized to make
payment any amount below Rs. 10000/- in cash.
In this manner, a
player who is investing Rs. 2000/- to buy set of 400 tickets can get upto Rs. 38
lacs (400x9500) for winning 2nd prize. He will get the amount in
cash from the distributor instantly without submitting any document , any
identity, any affidavit or any such document except the winning ticket. This is
100% Black Money. A selling agent gets upto 10% as commission in cash on
winning ticket and many more attractive gifts.
Who
is making the residents fool ? Who is the Kingpin ? Who is responsible for flow
of black money in the market ?
The answer is
definitely the Government of the States who are operating such lottery
business. The organizers are very claver to make the lottery business
attractive as they know that in India no one will buy lottery ticket for merely
few thousands as prize.
What
the Government Agencies doing ?
A huge amount of cash
has been seized from the distributor by the Income Tax Department and other
Govt. agencies. Various stories are floating. Though everyone in this country
knows the process and fact of such lottery, are these departments sleeping !!!
