Ponzi scheme again takes retail investors on a ride
The Emu offer: Invest Rs 1.5 lakh for three pairs of Emu chicks which would return Rs 3.34 lakh - over 100 per cent in just two years.
It's quite difficult to ignore the promise of '100 per cent returns' in just two years. Especially, when relatives, neighbours and colleagues seem to have benefited by investing in these schemes.
But millions of Indian investors, time and again, have learnt this lesson - Ponzi schemes don't last for too long.
For more information visit :
http://www.rediff.com/business/slide-show/slide-show-1-ponzi-scheme-again-takes-retail-investors-on-a-ride/20121107.htm
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