From a Kuala Lumpur office, 38-year-old Arun Pudur is building an international business empire, or so he says. The flagship of his Pudur Corp., he says, competes with Microsoft, Adobe, Symantec and other technology giants with copycat products that he promotes as cheaper, faster and less prone to viruses. Its biggest seller is a knockoff of Microsoft Office that he says boasts 25.6 million users, including U.S. multinationals such as General Electric, Krispy Kreme, MTV and Boeing.Now, all this looks very promising (Not!). We have got another person who will follow in the prestigious, honest and hardworking footsteps of Ambani and Adani (/s). However, there are some vital things missing....
After software there's mining. Pudur says he bought a gold mine in South Africa in January and that he aims to become the world's third-largest platinum producer in five years.
Five years ago, he says, he began trading liquefied natural gas in East Asia. He says he and a partner are developing a beach resort, casino and water theme park in Malawi.
He says he's invested $10.2 million in Genesis Telecom, which he describes as an underwater-cable operator that will supply 30% of all Internet service to Indonesia.
All in all, Pudur Corp. claims it operates in 20 industries and 70 countries--generating $13.4 billion in revenue last year and reaping $3.6 billion in net profits.
Bloomberg had him speak in December at its ASEAN Business Summit in Bangkok. The topic: Entrepreneurship: Turning Ideas Into Global Success Stories. Earlier, Twitter included him in an e-book it published titled "Tweets From the Top," amid a collection from Asia-Pacific leaders, including South Korea President Park Geun-hye, India Prime Minister Narendra Modi and Mahindra Group Chairman Anand Mahindra.
Pudur certainly likes to call himself a billionaire, and he agrees with Wealth-X that he's worth $4 billion. As one of Pudur's tweets, hashtagged #lifelessons, says: "People buy you, your stories, your magic, never your products or services."
However, Pudur's business empire--and his billions--may be largely fiction. FORBES ASIA e-mailed 25 people on a list supplied by Pudur Corp. of customers, distributor-partners and business associates. None of those who responded corroborated the supposed scale of his operation. Nearly half used Gmail, Yahoo or other personal e-mail addresses instead of company or official addresses. Some did not turn up in online searches and were invisible on professional networks such as LinkedIn and CrunchBase.If you read the article given above, you'll discover more of this person's "karnamas". All in all, this guy is just another mega-cheat and exactly like the fraud who was in the news very recently - Mr. B. R. Shetty. (You can read about him here - Two Indians and lax compliance brought trouble to UAE banks), just another pet-dog of Modi and the PR-BJP.
Suspicions were first raised when our reporter visited the company headquarters in December to interview Pudur. For a business putatively so large, its profile in downtown Kuala Lumpur is notably low-key. Its offices occupy just one part of the 7th floor in a 26-story building. There are no exterior signs proclaiming its presence. Inside, when a visitor wants to use a restroom, it turns out to be a facility shared with other tenants at the end of a maze of corridors. Pudur says his operation has only 132 employees, which is remarkable given that his flagship technology unit--Celframe--spent $1.6 billion on research & development in 2014, according to its latest annual report. But he says most of that work is outsourced and that there are another 13,700 "indirect" or remote workers.
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