datamonitor

[datamonitor]

Fraud, Lies, and Betrayal: The £10M Scam by Tarsem Singh Jaspal

Meet Mr Tarsem Singh Jaspal, Also known as JOGA and JAS — the Coventry man who destroyed a 42-year friendship and left a Nuneaton family homeless.

▪️ Stolen 20 years of business taking’s and rental income. ▪️ Rental income from B&B accommodation. Took over £10M plus. ▪️ Took loans to pay his debt to his brother-in-law. ▪️ Never paid the victim and his family's NI contributions for 20 years and now the victim can’t get a state pension either. ▪️ The victim can't afford court costs — but holds all the evidence to expose the truth. ▪️ The scammer tricked the family into swapping properties with lies — then used fake claims to take out secret & unauthorized loans.

For over four decades, two families in Coventry shared not just friendship — but faith, business, and brotherhood. That bond was shattered by one man’s calculated betrayal.

Today, we reveal the devastating story of Mr. Tarsem Singh Jaspal, also known as Joga or Jas — a man accused of orchestrating a long-running financial deception that left a Nuneaton family homeless, penniless, and stripped of their future.

For one Coventry family, this question has become a painful reality. After 42 years of friendship, trust, and shared history, they were left homeless, penniless, and robbed of their future — all at the hands of a man they once called a brother: Mr. Tarsem Singh Jaspal, also known as Joga or Jas.

The Allegations

This is not just a story of lost money — it is a story of calculated betrayal and generational damage. Mr. Jaspal is accused of:

Stealing over £10 million in rental income from a shared B&B business.

Secretly taking out unauthorised loans against properties he manipulated the family into handing over.

Failing to pay National Insurance contributions for 20 years, leaving the victim ineligible for a state pension.

Using the family's hard-earned assets to pay off personal debts — while giving nothing in return.

Exploiting legal documents and property swaps to strip the family of everything they owned.

This betrayal has left the victim’s family homeless, without savings or support. The elder in the family — who worked honestly for decades — now faces old age with no pension, no property, and no legal protection.

They have all the evidence needed to prove the truth — but cannot afford the legal costs to take the matter to court.

[datamonitor]

El exdirectivo de Telefónica Santiago Jiménez Barrull lleva a concurso a su empresa con más de dos millones de dinero público

Santiago Jiménez Barrull, antiguo directivo de Telefónica, ha llevado a concurso de acreedores a su empresa Maatg Nozzle, con ocho millones de euros de pérdidas. Entre los acreedores se encuentran organismos públicos que concedieron a la compañía préstamos por más de dos millones de euros.

El Juzgado Mercantil número 17 de Madrid declaró en concurso voluntario a Maatzg Nozzle el pasado mes de junio, sin masa -los activos con los que cuenta la empresa no pueden cubrir las deudas-.

La empresa fue constituida en Toledo en el año 2003 -en la actualidad está domiciliada en Madrid- con el objeto de la creación, desarrollo y comercialización de tecnologías, dispositivos y aplicativos.

La compañía asegura en sus últimas cuentas que, para su formulación, «se ha procedido a la realización de un informe forensic atendiendo a la realidad económica y jurídica de las operaciones que permita reflejar con exactitud la situación real de la empresa en base a los principios contables generalmente aceptados y recogidos en el plan contable».

De acuerdo a fuentes consultadas por este diario y a la documentación a la que ha accedido sobre la actividad de la empresa, esta ha recibido más de dos millones de euros de dinero público, por préstamos concedidos hace más de una década por Enisa y también por el CDTI, para proyectos de investigación y desarrollo.

Santiago Jiménez Barrull, con el que se ha puesto en contacto este diario, sostiene que el concurso de Maatg Nozzle se debe al «deterioro del valor de los activos tecnológicos de lo que ha sido una de las empresas pioneras, de referencia en nuestro país al integrar la comercialización y desarrollo de la innovación y modelos de servicios de valor añadido en internet».

El empresario dice que la compañía ahora en concurso «fue uno de los paradigmas hasta 2010 en el emprendimiento empresarial al anticiparse al mercado en varios años, posicionándose a nivel internacional en Europa y Latinoamérica», y subraya que el concurso se ha declarado «sin haberse realizado oposición al mismo por parte de ninguno de sus acreedores cualificados de acuerdo a la Ley Concursal».

Jiménez Barrull asegura que la compañía «entró en crisis a partir de 2014» por la interposición «de diversas querellas con acusaciones falsas, ya todas archivadas, sin perjuicio de las responsabilidades en curso contra los instigadores de las mismas».

El fundador de Maatg Nozzle ocupó altos puestos directivos en Telefónica durante la segunda mitad de la década de los noventa del pasado siglo, tras pasar por la Administración pública. Fue director general de Telefónica Servicios Avanzados de Información y de Telefónica Ingeniería de Telecomunicaciones.

[datamonitor]

Why A Person ‘Accused’ Of Tax Evasion, Illegal Encroachment Is Running Show Of Foreign Investment In J&K, ‘Patronized’ By Govt

Debunking the tall claims of the Lieutenant Governor-Manoj Sinha of maintaining ‘Zero Tolerance for Corruption’, a man accused of alleged tax evasion and illegal encroachment is reportedly running the show of foreign investment in Jammu and Kashmir.

According to reports, J&K government had signed an MoU with UAE’s financial services company, ‘Century Financial’ in a bid to strengthen the hospitality and tourism Industry in the union territory. The company is expected to invest $100 million and set up three hotels and one commercial-cum-residential complex in the Union Territory. The MoU was signed in a special event presided by Lieutenant Governor, Manoj Sinha.

 “The background of foreign investment in Jammu and Kashmir is very regrettable, as it appears that the government is trying to accommodate a person with blemished track record just to show that abrogation of Article 370 was a wise decision and it attracted investment,” said senior official, who was part of the entire exercise, early this year.

To instill confidence and familiarize with “growing conducive situation in J&K for investments”, delegates representing as many as 33 companies from the United Arab Emirates (UAE) arrived in Srinagar purportedly to explore investment options in the region.

 “Out of 33-member delegates, 13 were Emirati and rest were wealthy Indian expats,” said official, adding “Bal Krishen Rathore, a Dubai-based Jammu origin businessman was the man behind the whole show, who reportedly sponsored the entire programme, even payment for the charter.”

Official said that Bal Krishen has long been a target of different Indian agencies, including Anti Corruption Bureau (ACB).

Confirming the allegations against Bal Krishen Rathore, a senior intelligence officer, wishing anonymity maintained that Rathore is accused of tax evasion as well as illegal construction and encroachment.  His handling the affairs of foreign investment in Jammu and Kashmir is surprising, but it cannot be done without the connivance of the administration.

“Couple of days before the abrogation of Article 370, probably in August 2019, officials from GST Intelligence conducted thorough searches at Safa Valley, a project of Rathore’s 8-Boundaries Builders Pvt. Ltd and slapped him with a penalty of 4.5 crores ($600,000) for tax evasion,” he said and added that Directorate General of GST Intelligence (DGGI), Jammu and Kashmir Regional Unit simultaneously carried out searches at Wave Mall and Safa Valley Apartments in Jammu.

He said that during the search operations, many irregularities were found in accounts of developer of Safa valley, which resulted in evasion of GST.

“The developer accepted the irregularities and deposited around Rs 4.5 crore to Government accounts immediately. Further investigations are being carried out to estimate the total evasion,” official said and added that DGGI officers also detected many irregularities, which include wrong GST payments by way of concealed data, irregular input tax credit and some other legal irregularities.

Officer maintained that after two months, in September 2019, the J&K Anti-Corruption Bureau (ACB) initiated another probe against Rathore for alleged illegal constructions and encroachment upon state land as well as the sale of flats meant for economically weaker sections.

“Anti-Corruption Bureau, Jammu registered a case under FIR No. 8/21 and initiated an inquiry into the allegations of construction and sale of flats meant for economically weaker sections (EWS) in the Sunjwan-Bathindi area of Jammu. The allegations made in a complaint to the ACB suggested that builders of Safa Valley flats had encroached upon state land, including JDA Colony Park near Gujjar-Colony bypass, Jammu, and had also done some construction on it in connivance with government officials,” officer asserted.

He added that in March 2020, the Enforcement Directorate conducted a raid at Rathore’s Jammu offices and premises of his business associates.

“The Enforcement Directorate carried out searches at six places and seized fixed deposits and sovereign gold bonds worth over Rs 25 crore in connection with a foreign exchange violation case against a real estate firm,” the officer said and added that the searches included residential and commercial premises in Jammu belonging to Rajesh Rathore and Mohd. Ashraf Sheikh and their companies in the case related to illegal acquisition of land by a non-resident Indian (NRI).

He shared that during the searches, fixed deposit receipts of Rs 25 crore and sovereign gold bonds of Rs 16 lakh were seized. As per prevailing guidelines under the Foreign Exchange Management Act (FEMA), an NRI cannot purchase sovereign gold bonds, whereas these seized gold bonds were purchased by the NRI by posing himself as a resident of India.

The searches also led to seizure of documents relating to investments in crypto currencies and foreign investments of around Rs 2.5 crore in Dubai by Sheikh, a property dealer and commission agent. The seizure included documents of properties suspected to be purchased out of funds from Dubai.

“During the probe it was found that Rathore, an NRI, had purchased agricultural land and built a multi-storey residential project in the name of Safa Valley through a company named as 8 Boundaries Builders Pvt. Ltd. at Bhatindi in Jammu,” officer said and added that Rathore had infused huge amounts in this company from Dubai for the project in the form of unsecured loans to the company in violation of the FEMA.

Meanwhile, official privy to the development informed that surprisingly things changed in next 10 months and Rathore was playing the major role of protagonist in signing MoU with the J&K government.

 “In January 2022, Rathore’s Dubai-based Century Financial signed an MoU with the JK government for making a $100M investment to set up three hotels and one commercial complex in Kashmir. In March 2022, Rathore used his connections in the UAE to bring a mixed delegation of Emiratis (mostly his close friends) and Indian expats to Kashmir,” said official, adding that Ashok Kotecha of BAPS Swaminarayan Temple, Abu Dhabi was also part of the delegation. 

“After the visit of UAE delegation, Lieutenant Governor-Manoj Sinha claimed that investment in J&K will touch ₹70,000 crores in the next six months, but how and why the entire exercise of Emirati investment in Kashmir was carried out by Bal Krishen,” revealed official, adding that infact many Emiratis were not happy with the presence of massive security forces and have even expressed their dissatisfaction over barring of their international SIM cards.

Moreover, in its PowerPoint presentation to the UAE delegation, the J&K administration projected Kashmir as the safest place to do business and cited its lowest share in crime rates, but brought shame to the BJP ruled states.

 “In showing Kashmir as the safest place, the administration exposed BJP ruled Haryana, Uttar Pradesh, and Gujarat as toppers in the crime chart,” said the officer while sharing images of the PowerPoint presentation.

Admitting that the Enforcement Directorate had conducted raids at the office and other places related to Bal Krishen, a senior officer of Enforcement Directorate said that the case is yet to be finalized and is under investigation.

When asked about any FIR filed in this regard, the officer said that in FEMA cases there are no FIRs, but every FEMA case has an official file number on the basis of which case is pursued. He, however, said that there is a provision of conviction in FEMA cases if the accused fails to file recovery.

[datamonitor]

Judge to rule on restraining order against Sunapee police chief

A Sullivan County Superior Court judge is expected to decide Friday whether to grant a Sunapee family a restraining order against the town’s police chief.

During a roughly three-hour hearing Thursday in Newport, Heather and Joseph Furlong accused Sunapee police Chief David Cahill of maliciously pursuing criminal charges against Joseph Furlong for allegedly doctoring an email to help sway a 2016 school board election in his wife’s favor. Heather Furlong won, but later resigned.

Joseph Furlong was arrested in March. The New Hampshire Attorney General’s Office dropped six misdemeanor charges against him in July, but filed three new replacement charges in Newport’s district court. Those charges have been dismissed by a judge because the statute of limitations had run out. The AG’s office has appealed.

The Furlongs claimed Cahill ignored key evidence that Joseph Furlong was innocent, and went out of his way to publicize the arrest, which was extensively covered in the media statewide.

“It seems he was trying to broadcast this as far and as wide as he could, both to make a name for himself and also to humiliate (my husband),” Heather Furlong told judge Brian Tucker.

Heather Furlong also said she attempted on March 20 to report to Sunapee police that she had been harassed by community members after her husband’s arrest. Someone had also gone into her car and opened her mail, she said.

Furlong claimed that Cahill declined to investigate, and went on to make “many bizarre comments.”

“He tells me this is about an eye for an eye,” she said. “He tells me that everybody sees that I am a bad person. He tells me that many issues came out of his divorce, and issues will come out of mine as well. He tells me that good people sometimes turn bad when they become middle-aged. He tells me that I can run for school board again, but that first I will have to apologize to the community. And then he tells me where I live and he can come and arrest me at any time.”

In Cahill’s defense, attorney Walter Mitchell pointed out that, by the Furlongs’ own admission, Cahill hadn’t interacted with the family about the case since March.

And in his own testimony to Tucker, Cahill gave his own account of his conversation with Heather Furlong after her husband’s arrest. He flatly denied mentioning his divorce, threatening to arrest her, or suggesting any sort of retribution.

“I was saying that, generally, good people make bad mistakes. But they can recover from it,” he said. Cahill claimed he had tried to reassure Furlong that, if her husband accepted responsibility, the scandal would eventually “blow over.”

He added that he did make a report regarding the only item Heather Furlong claimed was missing – her license – which she later emailed to say she had found.

As for the media surrounding the case, Cahill said that, on the AG office’s advice, he handled the case the way he handled most arrests – by listing it in the digest that the department sent out every Friday to all media outlets subscribed to their newsletter.

The Furlongs are representing themselves. In one tense exchange, Heather Furlong asked Cahill herself if he felt like he could “arrest anybody.”

“Can I go and arrest somebody without probable cause, without following the laws? No, I can’t,” he said.

Cahill also denied ignoring exculpatory evidence. He conceded that, in the beginning of the investigation, he didn’t believe Adam Gaw, who ultimately came forward for doctoring the emails. But Cahill said he called the number Furlong provided for Gaw multiple times, and eventually asked Manchester police to arrest him.

Gaw, a Manchester resident, faces three counts of forgery and two counts of false documents. That case is still pending in district court. The dismissed charges against Furlong had accused him of working with Gaw.