Why is an illegal Ponzi scheme called LIS DEEPASTHAMBHAM PROJECT allowed to run for 32 years in India?
I came across the site www.lisdsp.org while searching for e-mail fraud. It seems that the promoters of this incredible scheme offer 200% return on investment.It even solicits investors from the US where such schemes are banned. How could such a Ponzi scheme, (a tad different from the usual pyramid schemes) be run under the nose of the Indian authorities? It only takes a complaint from a US citizen citing the presence on the web or accessibility of the website www.lisdsp.com from her home computer in the US, to get the FTC or IC3 involved, I think. In my opinion, such schemes will make people greedy and affect the whole economy adversely.
www.lisdsp.com This seems to be the official site of the scheme while another, more comprehensive one, picks on the claims of the promoters: www.lisdsp.org
Actually, such schemes (including MLM) are somewhat self-regulating as they depend upon the greedy and stupid to succeed. Once the target population is out of money, the scheme collapses.
Like gambling, lotteries and helping Nigerian royals get their money out of the country it falls into a category of “stupidity tax”.
How to do business in Industry as a supplier with min investment & in what should be the product ?
I have to start business as a industrial supplier with minimum investment. Guide me about product also i.e. which product should I promote.
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Is Romney down on China because of his investments in India?
We all know he made his businesses successful by outsourcing and downsizing. If you believe otherwise you have been fooled. Would his secret tax returns reflect that fact?
Or South America and Mexico?
If his returns did not show his income from overseas he would release them.
Which is the best Investment policy in India?
I want to invest Rs.2000-3000 each months for 5-10 years which can give me the highest assured returns.
Thank you all for your suggestions!
Systematic investment plan(SIP) in mutual fund and Recurring Deposit(RD) is always the great option if you wanna invest every month with little amount for long time.
Recurring Deposit(RD) is recommended here because it is more secure than sip in mutual fund, because mutual fund depends on how share market goes so there is risk too.
Hope, it helped.
Which is best one time investment plan in India to get maximum returns in 5years?
want to know best investment for 2-3 year but only one time investment Rs 50,000/-only
Can anybody suggest the right plan?
Investing in shares and mutual funds,you gain if the market is in the uptrend. Other wise you even loose the initial investment if the market is in the down trend. Small savings scheme are safe but do not give substantial gains. The surest and perhaps the best investment source at present are the bank deposits. So look around either psu or private banks that gives maximum interest rates and deposit for five years with growth option.
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