No company or individual is allowed to mobilize deposit from public unless and until the SEBI or RBI allows to collect deposits.
Don’t be carried away by the tall chains, glossy brochures and high returns on you hard earned money.
Don’t be entrapped by the promises of doubling or trading your deposited amount within a short period.
Some ponzy firms or groups are masque acting in the guise corporate giants Don’t trust them.
SEBI and CBI have seized the properties and freezed the Bank accounts of many ponzy schemes.
If you have excess funds or savings deposit them in banks or government approved financial institutions.
SEBI, RBI, vigilance department, CBI and CID have unearthed many such ponzy group/firms. Still some low profile ponzy groups are alive in the market. Beware of them.
