Guys, Team Associate (India) Pvt Ltd is a fraud company. They are offering Chevy Spark & Aveo U-VA with HP advertisment on all 4 doors. The catch here is that they are selling the cars at Ex-Showroom price +(plus) Rs.10,000/- more and promise to give Rs.6,000 per month for HP Ads. Now they are eating consumers Rs.10,000/- +(plus) Discount of Rs.40,000/- (which any car dealer will offer). So they are making upfront profit of Rs.50,000/- on every car and forcing consumers to take insurance from them, which is additional gain of Rs.3,000/-

I checked with HP and they are not aware about this offer. So guys its Team Associate (India) PRIVATE LIMITED which means that if they shut their operations, no one can recover anything from them.

They have not even mentioned their Contact numbers on their website. Team Associates

You can try calling on the following numbers of Team Associate (No one will pick up your call)
022-40030835
022-61475767

Guys, I have burnt my hand, and dont want others to fall for it...

HI,

I am looking to buy a car as I want to learn driving first. So I am planning to purchase the car from team associated. They asked me to make a payment of 1 LK and they have promise me 6k for for 5 years from which 5.7k is for installment and 300 will be smething extra. The car has no maintainence. This is what I was being informed. I feel its a good offer for me as I will get a first hand car for 1LK and 6k every month. Need your opinion.

Regards,

Roshan Mendonca
9969032147

Dear Customer,

Please provide us with your contact details at chevy.in@gmail.com so that we can look into the matter.

Regards
Ashim Gupta
General Motors India
Join Chevrolet India on Facebook - Chevrolet India | Facebook

Hello Guys,

I have created this Yahoo group with the intention that who have been cheated by "Team Associate India Pvt Ltd" with thier so called "Spark Offer" and want to go against them can join here and show the community power to this cheaters.

So please do join if you have been chated by this company.
team_associate_scam : Team Associate India Pvt Ltd Scam

hope we can do something against this scam.

Company Address : Team Associate (I) Pvt Ltd (TAIPL).
Ronit Arcade, Opp. Telephone Exchange
Kandiwali , Mumbai
Phone: 022-61475767

AND BEWARE WHO'S THINKING TO BUY "SPARK" FROM THIS COMPANY..

IF YOU LIKE TO BE TREATED 'LIKE A DOG' , PLEASE BUY "SPARK" FROM THIS COMPANY & YOU WILL SURELY BE TREATED AFTER FEW MONTHS.

WE SUGGEST RATHER BUY DIRECTLY AND ENJOY YOURSELF THE DISCOUNTS & DO NOT PROMOTE THIS FRAUD COMPANY. THEY ARE NOT GOING TO PAY YOU.

Team asscociates is not GM dealer is understood.
Than why people went to his showroom.
secondly where was he getting cars from ?

was he buying from GM dealer or GM company directly.

I hope people learn from this & justice done to people who lost money in this.

May be car dealer involved also brought to light.

This is to report of an Economic Offence incident occurred in the Malad / Kandivli / Borvili (Western suburbs) Mumbai, India.
Company Name: TEAM ASSOCIATE INDIA PVT LTD
Founders / Directors / Owners / Promoters:
1) Mr Sagar Sunder Basavaraj – absconded / missing, (Name changed from Raj to Sagar in 2005 similarly his 2 younger brothers too changed their name in 2005)
2) Mrs Priya Sagar Basavaraj (Wife of Mrs Sagar S B was arrested and is now out on bail)
Both use to reside at Gorai in Borivli West, Mumbai India
The Incident!
M/s Team Associate (Prop.: Mr Sagar S B) was incorporated in 2005 to provide manpower services to Companies in the BPO, Insurance and service sectors. He was involved into many other ventures, M/s Radicals – a design firm, providing accommodation to people employed by him, supplied Laptops & LCD TV’s on rentals to companies by getting investments or supplies from individuals, by offering them huge returns on rent under an agreement. People invested their hard-earned money into the same, and have now learnt that those Laptops & LCD TV’s were never rented, rather they were sold in the market. The investors did get their rents on time for a period, but after a certain period it stopped. He had made a forged agreement showcasing he had contracts of rentals with large company to gain & build the trust of those investors.
Further, TEAM ASSOCIATE INDIA PVT LTD was incorporated to launch a lucrative offer under the brand name CARVERTIZE. A car showroom was inaugurated at Kandivli to sell Chevy Spark Car @ Rs 123000.00, published in leading newspapers in Mumbai, buy the Car through TAIPL on MRP and get into an advertisement space agreement, wherein the TAIPL will pay Rs 6000.00 each month towards the space utilized on the Car guaranteed for 30 months.
A Rs 4 lac product sold within returns (benefits) worth Rs 3.60 lac over a period of 5 years, who would not get attracted to it? loads of people started buying under the offer, almost 1350 cars were sold in a span of 15 months, the space rent was paid to the car owners, some on time some delayed. Finally, when 3 months space rent was not paid to individual car owners, it started piling up, on January 4, 2011 Mr Sagar S B & his brother Mr Suraj S Basavaraj were reported missing / absconding.
Before absconding the duo has collected a lot of money from individuals / companies & their associates, again with huge returns commitment.
Statements have been submitted by victims at Kandivli Police Station. But since that day everyone associated is been questioned, but has no trace of the duo till date.
Surprising facts;
1. TAIPL & TEAM ASSOCIATE both are companies registered at Malad Office address, though the showroom was at Kandivli, the reports have been accepted at Kandivli Police Station.
2. Apart from newspapers mentioning about the scam, nobody has published the pictures of the absconding duo.
3. It has been more than 45 days but the Case towards the complaints is yet to be registered.
While investigating on this incident, it has been understood that Mr Sagar S B had defaulted earlier and had run away twice (some cyber café scam) once to Bangalore and once to Australia.
I hope that the system in place, acts early to prevent another such incidents.
Beaware of such incidents, await your comments.
Best regards
defaultsreporter