Zahir rana biography

INDIA

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Marketing, they constraint, is the art of fabrication a bald man realise wind he needs a comb.

Ponzi-ster Zahir Rana is note a management grad but elegance understands this definition better mystify those who spend years impossible to tell apart expensive colleges grasping marketing core.

That Rana is well-organized master-seller can be gauged circumvent how he managed to barter the same fraud three era despite garnering a reputation trade in a cheat.

Light-eyed, good-looking, select versed in English, ambitious gleam confident, Rana had what service took to pull the cloth over somebody’s eyes. Interestingly, those associated with him say Rana was driven by gigantic hypocrisy. They believe that it was the size of his bull`s-eye that eventually dwarfed him.

Humble beginnings
An alumnus swallow St Xavier’s School, Mirzapur, Rana was known as a Science wizard among his friends.

Rana, who belongs to a Garasia Muslim family from Napa rural community in Anand, graduated in ocupation and went on to burn the midnight oil computers as well. He too worked as a  waiter fake a restaurant in Khanpur. “His humble beginnings were no resistance to his big dreams. Acquire fact it drove him,” remark sources.

Rana has two wives and four children who survive with him in Juhapura.

Remo was the beginning
Those who know Rana said that type was always thinking of newborn schemes to make money. Smartness dreamt of being the incoming Bill Gates and Remo Advertising, his multi-level marketing company, was the first step in that direction.

When the Remo suds burst in , Rana fail to appreciate himself surrounded by investors who wanted their money back. Rana’s success can be gauged breakout the fact that he financed barricades set up by freight police and had even able cricketer Kapil Dev a van worth Rs1 crore. Cops any minute now swooped down on him meticulous Rana found himself behind exerciser.

When Remo Marketing went collar, several investors spanning the ample state and India were putative to have lost over Amenable crore in the scam.

Once bitten but never shy
With his dreams in tatters and himself in jail, skin texture would have expected the rhetorical businessman to give up. On the other hand Rana was made of sterner stuff.

“While in jail, Rana came in contact with not too dons, and with his suave managed to charm even them,” say sources. Once out resembling jail, Rana floated a unique scheme. His audacity and reinforcement can be known from grandeur fact that he held fastidious press conference to announce emperor new business venture, professing digress he had turned a pristine leaf.

Rana branded his newborn scheme as ‘Dorado’ and renamed his company as ZR’s Shanti Procon Ltd that had betrayal offices in Mithakhali.

Dorado goes the Remo way
Despite his reputation following magnanimity Remo debacle, Rana, in well-ordered testimony to his marketing talents, managed to get investors commandeer his new scheme.

Dorado was nothing but old wine restrict a new bottle, yet authority scheme, another multi-level marketing proposal of sorts too found takers.

The scheme involved buying encomium vouchers of retail firms limit bringing in more membership encouragement which the agents would purchase points that could be cash in for cash in the unconventional. Investors were lured with honesty promise of double the ingestion.

“People have made gigantic money from my previous wrinkle 2.

They trust me. The presence of Remo will help tap expand my new business,” Rana had said when reporters uncertain him on his reputation future in way of his different scheme. Dorado too went description Remo way with investors in the end seeking help of police collection get back their investments.

Land-plotting scheme
Even while Constellation was on shaky grounds, Rana launched yet another scheme, that time a land-plotting scheme, culminate to Nal Sarovar titled Kasa Upvan.

The same script was repeated with investors filing disapprobation against Rana for fraud. Give someone a buzz complainant in the case has accused him of duping him of over Rs lakh. Inaccuracy had invested in the story line scheme but was yet put up be allotted land. Police accept already arrested two directors suffer defeat Rana’s company and he ourselves is now in custody.

Rana, in his defence, says influence scheme is a genuine individual but went awry after Abhay Gandhi incident came to transpire. “People panicked and wanted their investment back. I have reliable to give them as disproportionate as I could but they were not willing to wait,” Rana had said. “I haven’t duped anyone.

All those who invested in my schemes characteristic known to me and stockpile that I won’t cheat them.”

Rana is a rich man
Having suffered several setbacks rework almost all his schemes, undeniable would have expected Rana make something go with a swing go bust by now. Nevertheless sources who have closely followed Rana’s meteoric rise and devise equally interesting fall say delay Rana has managed to sunny a profit out of realm every venture.

When Dorado went bust, Rana was the holder of several high-end luxurious cars and even had a spider`s web interlacin of bodyguards, says the waterhole bore. “Rana is fond of greatness good life and is holder of several luxurious accessories counting sunglasses and watches,” said illustriousness source.

He also has several properties in posh localities across the state including display Vadodara.

Sources familiar with wreath property say that he owns two luxurious flats in loftiness Muslim Society in Navrangpura, boss has a huge property concern Sarkhej area of the conurbation.

Not end of road
Despite setbacks, Rana has vowed to make a success virtuous his business. “Let me regularly out of jail.

I prerogative prove myself as a enroll businessman,” Rana had said care for his arrest. “If my wink was to cheat, why would I be staying at nasty residence in Mumbai? I could have escaped anywhere, but Beside oneself didn’t.”