Chapter 406 The Soil of Deception
Ron came with high hopes but left disappointed.
He had originally thought that if this Alindam was reliable, he would ask him to help set up the Northern University of Technology.
Who knew this guy was actually a pyramid scheme leader!
Well, Northern Jiaotong University is the private school that Ron plans to set up.
The name is so loud that people mistakenly think that this is a national key university.
Because of this, Ron gave up the name "Soul University", which was very personal.
He took advantage of the convenience of Uttar Pradesh and decided on this name.
Since the university has the word "industry" in its name, it is natural that there is a tendency in the curriculum setting.
Mainly in the fields of civil engineering, materials, energy, and electrical engineering, they specialize in serving the real estate company, infrastructure company, cement plant, power plant, and Sur Electric Appliances under his name.
The preparation for the school has just begun, with a lot of things to do, including site selection, teaching team, qualification approval, and textbook selection and writing.
Ron had high hopes for this school, so he went to Gurgaon to inspect it.
After he came back, he asked people to dig deep into the information of that business school, and surprisingly, he got some useful information from the Ministry of Education.
The Indian Institute of Planning and Management, which Arindam personally managed, had no official recognition at all.
To this day, government departments often go there to make trouble, and they do not allow the business school to use the title "India".
The Ministry of Education has never registered this school, and its qualifications for running a school and degree certification have never been recognized.
Just two months ago, the government sent a warning letter to Alindam and his team.
When Ron saw the news, he was stunned.
What did that guy brag about at the time? The school had a master's degree authorization point and he himself had obtained this degree.
Well, he issues his own certificate, right? Why doesn’t he get a doctorate?
It has to be my great India. Ron was amazed at all the wonderful talents there are.
Such a pyramid scheme leader actually became a tycoon.
There are more outrageous things than these. Someone has revealed the truth behind the business school.
They say the school's advertising is completely misleading and that only the Delhi campus has the facilities shown in the pictures, from a swimming pool to a library.
However, these facilities are pitifully small and seem to be just for show. They are not at all as exquisite and luxurious as shown in the pictures.
The other branches advertised only had a few crowded office buildings, with no so-called campus, swimming pool, or library at all.
The prestigious professors hired, including those from Wharton, New York University, Columbia University, and Harvard University, are merely “visiting professors.” They mostly just go through the motions or give impromptu speeches.
The degrees awarded by the college are not recognized by the Indian government. They also fabricate data in their own magazine to obtain school rankings.
The boast that the school's graduates can work for multinational companies such as McKinsey is completely false.
Some people also discovered that when Arindam's father Chaudhry set up the college, he did not obtain government permission.
Chaudhry calls himself "Doctor" and says the degree was awarded by the Berlin School of Economics.
He once ran in the Indian parliamentary elections, but received so few votes that he was unable to get his campaign deposit back.
In his application to the election committee, he sent his degree to Berlin in the former German Democratic Republic for verification.
But how can a country that no longer exists check your records?
The whistleblower asserted that the Berlin School of Economics does not exist at all and that the so-called doctorate was simply fabricated by their family and company.
Alindam's fraud was completely inherited from his father.
Ron now even doubts whether those overseas branches he mentioned actually exist.
What's even more bizarre is that when someone came forward to expose the scam, the people who were most outraged were not the Arindam family, but the students of the business school.
The whistleblower couldn't understand why the students would speak up for Arindam. In their view, the students were clearly deceived.
That's because they underestimated Arindam's deception. The products produced by the organization he managed were intangible, but they could arouse more response than many real consumer products.
He convinced ambitious people that with a little investment of money and without much cultural and intellectual capital, they could fully enter the global corporate world.
It is impossible for business school students to be penniless because the tuition fees there are very expensive.
Many of them come from towns in larger administrative regions or from families of small entrepreneurs. They have accumulated a certain amount of wealth and feel that they are shrewd managers who now need to improve themselves to participate in global competition.
Alindam offers students with these backgrounds the opportunity to step away from their IBM computers, don their suits and go on a practical tour to Geneva or New York for learning.
All of this involves a fair amount of posturing, with students essentially spending the most impressionable years of their lives in a school run by "toys": miniature golf courses, miniature gymnasiums, and miniature libraries.
To put it bluntly, they are unwilling to admit that they have been deceived, as that would make their several years of study go to waste and the sunk cost would be high.
So what to do? Make it real!
Pretend that you graduated from a world-renowned management department, and pretend that your MBA courses and master's degrees are real.
Whoever dares to expose them is their biggest enemy.
In this country, you just have to learn to pretend, and no one cares whether it's true or not.
Most of India's middle and upper classes are also pretentious, wandering around shopping malls and pretending to look at Tommy Hilfiger and Louis Vuitton products.
They actually feel guilty because they are half-baked, so they never ask questions about others.
Otherwise, how could someone pretend to be a doctor for several years and see thousands of patients without being discovered?
This country is naturally a paradise for fraudsters, and its social environment provides such opportunities for criminals.
Like Alindam, he is a trendsetter of this era.
He combines splendor, courage, and wealth in one person, all thanks to his daring.
Can you believe that such a mysterious person once received an oil painting from All India Television?
The painting was of an Indian chief with a long beard and a red robe. It was a courtesy offered by the TV station to please him.
Arindam's rise to media darling and perceived tycoon was built in part on the aspirations and resentment of India's middle class.
Without the admiration, imitation, and wealth of those who aspire to it, trendsetters like Alindam would not exist.
He exploits the desire, recklessness and insecurity that the market economy and its political partners, the Indian right, have brought to the students.
Arindam knew only too well the unwavering conviction that society bestowed upon these aspirants, and the resentment that these aspirants harbored that was disproportionate to the provocations they felt.
Let the aspirants feel both empowered and excluded, and let the world witness the emerging petty bourgeoisie eager to express their frustration and indignation at not being able to join the elite.
However, when faced with real poverty, they are extremely indifferent or even numb.
Every MLM leader is a master of psychology.
Even Ron had to admire this. He was very good at capturing people's hearts.
Although both of them built their business empires based on MLM, Arindam’s operation was actually more sophisticated than Roy’s in Uttar Pradesh.
Roy's Sahara Financial Company took advantage of the Ponzi scheme, which is the greed in people's hearts.
This is relatively crude and has too strong a trace of money.
Alindam relies purely on marketing, taking advantage of the middle class's dissatisfaction and their eagerness to show off to society.
They were willing to defend him, and any remarks unfavorable to Alindam would provoke their fierce resistance.
If Roy's Sahara Savings users knew it was a scam, would they still defend him?
See, this is the essence of two masters of deception.
But Ron thought that Roy's Sahara would last longer because he knew how to make money move.
If Alindam fails to solve the employment problem of students, it would not be surprising if his business empire collapses one day.
As more and more students graduate, we can't cram them all into Planman.
If there is only input and no output, the labor cost will increase to an alarming level.
After confirming that the business school was a complete scam, Ron gave Alindam a message: Just pretend you never went there that day.
Otherwise, this guy might get desperate and use Ron as the college's advertising sign.
Mr. Sur personally inspected it!
This one sentence alone is enough to say that the Indians' blind obedience is fanatical.
Ron is so famous, and the industries he has developed are visible and tangible to everyone, and are backed by the government.
Alindam can make his business school turn around with just a little effort.
Tsk, Ron himself didn't expect that this famous Alindam was a fake.
But considering that this is India, everything makes sense, after all, there is the example of Roy of Sahara.
Although the person introduced by Mariya was unreliable, Ron did not think of taking back his promise.
On the one hand, he knew that the other party would not get what they wanted, and the BJP top brass would not relax the prohibition on alcohol in Gujarat.
On the other hand, Mallya's weight is much heavier than Arindam's. He is also engaged in industry, although he is in the brewing business.
There is a reason why groups like Tata, Reliance and Sur are more popular in India.
There are too many scammers, and many people cannot tell the real from the fake when it comes to virtual assets.
The real factories are easy to spot at a glance, and they are also given more attention by the government.
It was nearing the end of the year, and Ron had no plans to return to Uttar Pradesh or go to Mumbai.
The child is still young and Isha is also recuperating, so she decided to stay in New Delhi for a few more months.
But his absence doesn't mean there is no action in Uttar Pradesh.
Munna has connected with the Devaram who had led the red sorghum farmers in a demonstration in Lucknow.
He indeed had political ambitions. After Ron's slight probing, he actively approached the Progressive Party.
(End of this chapter)
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