Friday 3 October 2008

It is amazing so many people lost their money in money circulation schemes

Recently, addressing a live phone-in programme organised by Rainbow FM radio at Hyderabad, I have realised and amazed at the number of people who got cheated in money circulation schemes. A number of people revealed how they were cheated/have been under pressure to join some scheme or other. Still, they do not know what to do. Even after realising they were cheated they hesitate to file a complaint against such companies. A number of people called me during the interview and after also to tell me how I saved their lives.
Many people including a sizable number of women told me that though they suspect that it is a fraudulent scheme they do not know how to identify the same. It is no wonder still many people do not know how to recognise fraudulent schemes on the face of it.
Kindly note the points how to identify such schemes.
If anybody tells you to become a member in any scheme by paying some fee, you have to immediately suspect that it is a fraudulent one.
Secondly, if you are told to enroll at least two more members to earn commission, your suspicion is confirmed.
Thirdly, if you are told that there is easy/quick money in the scheme, you have to immediately lodge a complaint with the police in the larger interest of the society.
If you are lethargic in lodging the complaint, you are harming yourself and the rest of the society.

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