{"id":16,"date":"2025-08-14T19:41:33","date_gmt":"2025-08-14T19:41:33","guid":{"rendered":"https:\/\/stoptranspay.today\/?p=16"},"modified":"2025-08-14T21:45:27","modified_gmt":"2025-08-14T21:45:27","slug":"transpay-solutions-private-limited","status":"publish","type":"post","link":"https:\/\/stoptranspay.today\/?p=16","title":{"rendered":"Transpay Solutions Private Limited"},"content":{"rendered":"\n<p><strong>General Information:<\/strong><\/p>\n\n\n\n<p>Year Founded: April 2022<\/p>\n\n\n\n<p><strong>Jurisdiction:<\/strong>&nbsp;<\/p>\n\n\n\n<p>Noida, Uttar Pradesh, India<\/p>\n\n\n\n<p><strong>Legal Form:<\/strong>&nbsp;<\/p>\n\n\n\n<p>Private company with minimal authorized capital<\/p>\n\n\n\n<p><strong>Status:<\/strong>&nbsp;<\/p>\n\n\n\n<p>Listed as legally active in Indian registries as of mid-2025<\/p>\n\n\n\n<p>Criminal Cases: None<\/p>\n\n\n\n<p>Compliance: Formally \u2018clean\u2019, active in the registry, submits basic reports<\/p>\n\n\n\n<p>De Facto: Masks itself as legitimate fintech in the absence of any real operations<\/p>\n\n\n\n<p><strong>Website:<\/strong> <em>transwinpay.com<\/em> \u2014 disabled, not functional<\/p>\n\n\n\n<p><strong>Contacts:<\/strong> Only Gmail addresses, no corporate e-mails<\/p>\n\n\n\n<p><strong>Publicity:<\/strong> No press releases, media mentions, licenses, or digital footprint<\/p>\n\n\n\n<p>\ud83d\udc64 <strong>Key Figures<\/strong><\/p>\n\n\n\n<p><em>Nita Kapoor<\/em> \u2014 Director, Co-founder, Primary Beneficiary<\/p>\n\n\n\n<p>Previously associated with <em>Bhartipay Fintech<\/em> (excluded from the registry for violations).<\/p>\n\n\n\n<p>Involved in controversial projects, including fitness clubs and MMA tournaments.<\/p>\n\n\n\n<p><em>Sonu Kumar<\/em> \u2014 Second Director since 2025<\/p>\n\n\n\n<p>Previously worked as a programmer, had no prior business experience.<\/p>\n\n\n\n<p><em>Jitender Vats<\/em> (also Vitender Singh) \u2014 Freelance Agent<\/p>\n\n\n\n<p>Represented <em>Transpay<\/em> in international markets on behalf of the fake firm <em>PaymentsMe<\/em>.<\/p>\n\n\n\n<p><strong>Signs of fraud:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>no offices, employees, customer service, or reporting;<\/li>\n\n\n\n<li>lack of corporate communications;<\/li>\n\n\n\n<li>\u2018shell\u2019 model used: registration \u2192 attracting victims \u2192 disappearance;<\/li>\n\n\n\n<li>project lifespan of 6 to 18 months, after which the website vanishes and activity ceases;<\/li>\n\n\n\n<li>use of identical domains, partners, and templates;<\/li>\n\n\n\n<li>fictitious contacts and documents;<\/li>\n\n\n\n<li>fake PDFs, bank screenshots, and links to fraudulent websites.<\/li>\n<\/ul>\n\n\n\n<p><strong>Agency Network<\/strong><\/p>\n\n\n\n<p>The company leveraged Jitender Vats (also known as Vitender Singh) to bring in clients from the United Kingdom and Middle Eastern countries.<\/p>\n\n\n\n<p><strong>Connections to Other Entities<\/strong><\/p>\n\n\n\n<p><em>Transpay Solutions Private Limited <\/em>maintained ties to other operations employing similar, questionable methods:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Bhartipay Fintech<\/em>: This was the direct precursor to Transpay. It functioned as a regional agent for the Pay10 payment platform but was eventually shut down due to customer complaints and regulatory intervention.<\/li>\n\n\n\n<li><em>Verve Payments<\/em>: Described as another pseudo-entity promoted by Vats. It was unregistered and operated using a scheme identical to <em>Transpay<\/em>&#8216;s.<\/li>\n<\/ul>\n\n\n\n<p><strong>Tactics and Goals<\/strong><\/p>\n\n\n\n<p>Primary Objective: to deceive cross-border B2B clients under the guise of a fintech service.<\/p>\n\n\n\n<p><strong>Target Audience: <\/strong>Arab countries, the United Kingdom, and the EU.<\/p>\n\n\n\n<p><strong>Cover Sectors: <\/strong>fitness, medicine, and MMA are classic areas used for money laundering.<\/p>\n\n\n\n<p><strong>Consequences and risks:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>damage to the reputation of Indian fintech and its investment climate;<\/li>\n\n\n\n<li>suspicions of complicity: The Pay10 platform has still not distanced itself from <em>Bhartipay\/Transpay<\/em>.<\/li>\n<\/ul>\n\n\n\n<p><strong>Public Calls to Action<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Launching an investigation into the company&#8217;s activities in India, UAE, and the UK;<\/li>\n\n\n\n<li>conducting an audit by Pay10;<\/li>\n\n\n\n<li>introducing international standards for vetting fintech partners.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>General Information: Year Founded: April 2022 Jurisdiction:&nbsp; Noida, Uttar Pradesh, India Legal Form:&nbsp; Private company with minimal authorized capital Status:&nbsp; Listed as legally active in Indian registries as [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[8,10,9,11,12],"class_list":["post-16","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-jitender-vats","tag-neeta-kapoor","tag-scam","tag-transpay-solutions-private-limited","tag-vitender-singh"],"_links":{"self":[{"href":"https:\/\/stoptranspay.today\/index.php?rest_route=\/wp\/v2\/posts\/16","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stoptranspay.today\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stoptranspay.today\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stoptranspay.today\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stoptranspay.today\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16"}],"version-history":[{"count":1,"href":"https:\/\/stoptranspay.today\/index.php?rest_route=\/wp\/v2\/posts\/16\/revisions"}],"predecessor-version":[{"id":17,"href":"https:\/\/stoptranspay.today\/index.php?rest_route=\/wp\/v2\/posts\/16\/revisions\/17"}],"wp:attachment":[{"href":"https:\/\/stoptranspay.today\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stoptranspay.today\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stoptranspay.today\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}