Bill me later

Sathya Raj and his many companies (HTT Global, HTT Wireless, High Tech Marketing, playastream, askmilton) took hundreds of thousands of dollars from a public company in Canada for an investment scheme that was supposed to be a "guaranteed" investment that would take less than 6 months to deliver hundreds of millions (later billions) of dollars. This was initiated on April of 2007.

Sathya Raj put off and strung along the investors for more than 3 years. He invented fabulous stories involving large banks withholding the investment proceeds. Often his stories would directly conflict each other. The millions were always about to be available "by friday", "on monday", or "in the next few days" - for years. He often issued empty threats of suing major banks such as HSBC in his stories, blaming them for withholding the money.

He is incredibly secretive, using many names and always changing his phone numbers.

Common phrases used for his stories include "irrevocable pay orders", "delivery of monies", "promissory note". He would often be unavailable for contact for days, or only be available strange hours, and usually via hotmail email accounts that consisted of different names (not his). He rarely meet with anyone in person.

At least 20-60 people were directly affected by this particular fraud. We suspect there are others defrauded by the same claims. The company that invested has since gone bankrupt due to his actions. I'm sure many others will chime in with far more information once this is posted.

Last I hear, he was being investigated by the SEC.