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Updated: Timtara Founders Held On Allegations Of Fraud; The Challenge

Update: A notice has been posted on Timtara.com saying that false complaints have been filed against them by people hired by their competitors, and that complaints can be sent to  ops1@timtara.com or via +91 9555321321. They've asked for information about "the group Timtara request general public to inform to pass on the information about the group who are behind this conspiracy of defaming our company." (via Techcircle) The company also says that due to the above circumstances, they are withdrawing all discounts. The notice: Earlier: Timtara.com CEO Harish Ahluwalia and Director Arindam Bose have been arrested on allegations of fraud amounting to Rs 12 lakh, reports The Times Of India. The police says they've received complaints from around 200 buyer, and three complaints have been registered with the Economic Offences Wing and Janakpuri Police Station. Apparently, payments were made through credit cards, but the goods were never delivered, and TimTara shifted its office (within Noida) and subsequently shut down its call center to avoid complaints. Timtara's MouthShut review page indicates that there are customers who haven't received goods ordered for two to five months. Apparently, Timtara was selling a Samsung Galaxy S3 at Rs 25990, and here's what the buyer has posted: "Today on 19/03/2013 i contact to timtara.com customer support but they told to me that my order is not in their stock and they have not cancelled my order as well as not refunding my money." At the time of writing this post, Timtara.com is still live, and still apparently selling…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

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