The simple query raised by a
reader set him thinking, why not?
The Pulitzer, Booker and Nobel
Prizes involve an individual's time, toil and energy. A reader's review is no less,
involves invaluable time and unbudgeted energy. ghost accounts in our
banking system must have frightened the reader to ask some disturbing questions
- Are we lacking in a bold Kuber like controllers and an equally responsive
Brahma like minds, to tackle this menace? At the end of the review, the
reader had left a thought as a gift, “why fghosts are not pressed into service
in our ecosystem!” To such a reader, I owe this 'thank you' write up.
I wired my due appreciation to
Brahma, Kuber and the fghosts, the roles played in the earlier write up.
As usual, Narada had pitched his
tent on the Himalayas and from there hovered over different parts on Earth. The
never-ending conflicts, wars, famines, political upheavals, natural and
man-made disasters along with Science & Technological advancements almost challenging
the Creator, filled his chronicle. Laden with this brief, Narada was ascending
towards Dev Lok, concluding the periodic visit, to report to his father - the
Creator.
Of all the things, hitherto undetected
human traits stumped him, puzzled him and worried him. One was the proclivity
to hoard wealth beyond lawful means, need and the audacity to hide it in plain
sight and yet remain invisible (ghost accounts) to the Authorities. Number two
was the degraded political system, where a new compendium on hate speech is
being produced, like a runway nuclear reactor gone rogue. The coined
words are so vitriolic, even the pages are ashamed and afraid to get printed
with them. Narada mused. “Before hearing them, Brahma will have to heavily
protect his ears, against leaching!"
Sensing Narada’s intent to
request for a rectification mechanism, Brahma's heads started ringing the alarm
bells. Speaking in unison they said, “Amassed wealth and the compendiums of
hate words are like Hydras with tentacles of Octopus. In Dev Lok, inviting allegations of
involvement, on account of righteousness is forbidden and banking on
deniability is the only operative word. Distance yourself. Give a hint to
Narada to meet with fghosts to do what he needs to do. Anyways, Narada is known
for creating tumult that ends well for all”. Brahma, wary of the traps accepted
this unanimous opinion and the safe escape route.
The moment, Narada appeared
before him, Brahma said, “I know the contents of your brief. Some of the
fghosts are waiting for you in the garden. Discuss your concerns with them. Don’t
put me in the picture and I don’t want to be anywhere within hearing
distance. Right now, my hearing functions are going off-line.”
Narada, though felt disappointed
about not getting his planned family time was, understood that deniability
overrode comradery. Taking his leave, he went in search of the fghosts to get
acquainted with them, wondering where in heaven, Brahma had sourced them? Where
is Chitragupta, who could shine some light on this different kind of staff
under Brahma!
Straightaway, Narada briefed the
fghosts, “These account holders are cyber-smart, synthesise fake Identity with
stolen real identities and supplemented with fake information to easily open ghost
accounts. They have capability to manufacture fake documents of any type of any
country. Like the Voice Over Internet Protocol (VOIP), protocols exist between
operators to help out each other. There
are black sheep grazing in the banking system itself, willing to flag dormant
and dead accounts. Such accounts attract fraudsters, like honeybees to the
flowers, looking to turn them into "ghost" or mule accounts to carry
out non-legitimate transactions.
After seeking clarifications and
hearing explanations, the fghosts joined the discussion with their view point,
“Their impunity implies that, the regulators are outsmarted and out gunned,
wielding only toy guns such as KYC (Know Your Customer) and AML (Anti-Money
Laundering) and standing dismal chance of weeding out these fraudulent elements
and their ghost accounts. Are we right?”
Expressing their willingness to
help, they asked for time to have a group discussion before coming up with a
plan.
Narada cleverly masking his
impatience & doubt, asked, “how do you cut a diamond?” Before he could close his lips, the fghosts
replied, “What else? Only with another diamond!”
He left them saying, “Then find
that such a diamond quickly and be back.”
After hearing their concise
assessment, Narada knew that Brahma had chosen these fghosts on merit.
Wondering, how could they so quickly grasp the situation, he remained on
standby to see the diamond they will come up with, to end the menace. He had a personal stake – The Earth has almost
become his home away from home.
He was surprised, when the
fghosts returned with not one but three diamonds. He guessed that the fghosts
have decided on a blitzkrieg to hit hard instead of dealing out soft punches.
“We need to create a unique
island offering unique offshore accounts, via only the dark web.”
“We need to create a set of nano ghostobots to let in the banking
system.”
“We need to create a set of nano ghostobots
to let out among other networks”.
“One set of nano ghostobots to pervade
the banking system, to spy and identify the black sheep and the ghost account
holders. The trap will be set by engineering the transactions to bounce through
many accounts and after hitting the stratosphere get credited back to the same
account. The alarmed ghost account holders will run to the black sheep in the bank.
Careful monitoring will identify the black sheep who helped to create the mule
accounts. The follow up clandestine confabulations will help in further confirmation.”
Another set of nano ghostobots
will surf the network of cyberites, who prop up these ghost and mule account
operators.
Narada had a doubt - how this
would be of help?
The fghosts said, “Pardon us for
being blunt. When you are in doubt, what do you do?"
Consult someone.
Exactly. The operators, not
satisfied with the local help in the bank, will rush to consult the cyberites.
With constant surveillance, we can trap both the helped and the back-end
supporters.
Narada asked, "Then what is
the need for the unique island, offering unique banking facilities and the dark
web?"
“Are we not trying to snare
sharks and whales swimming in financial frauds? By nature, these cyberites and
ghost account operators suspect everything, even their shadows. To allay their
doubts and inject confidence, we have to create an awesome and inspiring set up.
Why dark web? When there is no light, no shadows! Do you go out for fishing
without lures? Project Island will be
that mega lure!”
Now, Narada understood the logic
of mounting the blitzkrieg style attack. He readily agreed to facilitate the
Project Island, by roping in external experts. Luckily, he had exclusive
permission to access Chitragupta’s secret diaries and knew which souls to call.
He set to work after sending a thank you vibe to Chitragupta.
His first choice fell on two
asuras Madhu and Kaitabha, who had personal experience in helping
to create landmasses, islands within the vast, water-covered Earth. This
time for a change, as they would be creating an island manifesting as souls,
they happily agreed to the proposal. Narada became confident that the Project
Island will be off to a groundbreaking start.
Next, the demon Panchajana, who lived in a
conch shell in the depths of the ocean with a pastime to trouble the devas. For
thrill, he killed and swallowed anyone who strayed near his abode. That was
eons ago and Chitragupta’s foot note had suggested a role reversal, in order to
show him how good his earlier life could have been. Narada met with
Panchajana’s soul, explained Chitragupta’s plan and convinced it to be the
ruler of the Island, populate it with known and pliant souls for a limited
period drama. The soul agreed to live up to the expectation of Chitragupta’s
footnote.
Narada visited the spirit of Bali a famous asura.
An oceanographic expert in churning the ocean. To stir the mix well, he
recruited the spirit of Narakasura, an expert in establishing
kingdoms. Unsure why he chose them, Narada hoped the fghosts will put them,
with their excellent C Vs or credentials, to good use!
Narada asked, “what role the
island would play in all this?”
“We need an Offshore Financial
Center (OFC) with a registered office.
Our island will be declared as a more than flexible tax haven to attract
depositors. AI generated brochure will proudly sing praise of our modus
operandi as offering the better than the best “hawala” and other
international banking experiences. A paragraph in the brochure will highlight
the unbreakable CommLink, never ever known to mankind., warning the hacks to
pack their bags and leave us alone. Is this not a diamond to cut many diamonds,
if you overlook some financial corners we will be cutting?
What about the economy of the
island?
Your choices Bali and Narakasura
are our bets. One can churn the ocean to net marine life and the other can sell
the catch and establish the economic capital for the kingdom!
What about paid-up capital for
OFC?
The island and the
infrastructures themselves, along with marine wealth. With our own ruler, who
is going to question the granted banking license! You have surely not forgotten
that our present ruler, in his earlier avatar created and lived in a conch
shell. We can do excellent business by offering services to create shell
companies for which we foresee ever increasing demand. Wait and watch, this
will be a master stroke in financial jugglery!
How do you propose to manage the
settlements?
The fine print in the brochure says,
“NO OVERDRAFT”. Hence settlements just equal the balance in that account.
Kindly pardon us. For deniability’s sake, the CommLink specs and finer
operating details are being withheld from you.
After getting the entire picture, Narada’s head
started to gyrate uncontrollably and simultaneously, in another part of Dev
Lok, Bahama’s multiple heads reciprocated with sympathetic gyrations.
Narada asked, “Why two types of ghostobots
and what they would do?”
These especially talented ghostobots
can see through a granite slab and read the contents of a closed book. They
will quietly pervade the banks sand scan the closed ledgers and list out dead
accounts that are being used as mule accounts. When, transaction from a mule
account is initiated, ghostobots are programmed to commence bouncing routines
till the money is safely returned into the same account. This will bring the
holders to confabulate with the facilitators (black sheep) giving us the
identities.
The second set of differently programmed
ghostobots go out in the field, reaching far and wide, to dig out the cyberites
and networkers. The collected dossiers will leak, only on our command, into
the computers of banks and Enforcement Agencies. Be assured, the rest will be
history titled "Operation Zero balance."
Narada had only one doubt – “Will
this Operation Zero balance succeed?"
Annoyed, the fghosts challenged,
"Let us go to Earth and we will prove with just only one catch across the
banking system, cyberites and networkers. Are you ready?"
Narada, ever happy to visit
Earth, readily agreed. Down on Earth, they settled in a mega city where the
chances of success for the trap to work was high. The fghosts set up their MLHSDS
(Multiple Layer Holographic Status Display System) tuned and tested it. For
Narada’s benefit they explained the various controls and display features. Narada admitted, “It is pretty impressive!
Particularly, the way any screen can be peeled back or brought to the front or
the way each screen can held as a
separate like a page, is truly amazing!”
Just at one after noon time, an
alert of a transaction getting bounced came on the screen. Another layer showed
the frantic call from an unknown person to a black sheep in a bank. The third
layer status screen locked the coordinates of the bank, black sheep and the
caller.
Narada nervously asked, “How
secure is this communication? And what is its reach?”
Fghosts replied, "Our
CommLink is really out of the world in genre and reach."
Will an automatic alert go out
to the bank, the real account holder and Enforcement authorities?
The aim, now is to bring out the
ghost account operators, the location and the black sheep. The other set of ghostobots
will receive and identify the back-end operators but do not act upon the inputs
for now.
By the time your system sounds
the alarm, will it not be too late?
On blitzkrieg mode, the network
involving bank to back-end will be collected in a day by Earth's standard. Much
damage financial will not occur because most of the transactions will be unable
to get out of the bouncing loop. One or two may escape the cycle, that is
intentional. When the alarm goes up, an army of investigators will descend on
the scene to do the honours.
As they were speaking inputs
from the other set of ghostobots populated each layer of the screen, as per the
programme loaded in the OSW (Operating Soft Ware).
This was an out of the world
experience even for Narada. He had one more question. What is the purpose of
the Project Island when ghost accounts have vanished from the banking system?
Once a ghost account holder, the
itch never subsides. They will be searching for other outlets. There, our OFC
will be sitting on the island offering facilities to open accounts and shell
companies.
Narada felt like being blown to
the very centre of his universe. Speechless he stood like a statue. The fghosts
had to bring him back to Earth, as they wanted to get back and report to
Brahma.