Posts Tagged ‘scam’

Five Signs of Addiction to Financial Porn

Five Signs of Addiction to Financial Porn

The Indian government has recently blocked porn site but what about financial porn that is prevailing all over India? A word “Financial porn” may sound unusual to you, as many of you might not have heard about it. So, let’s explore the detail of Financial Porn. What is Financial Porn? Financial Porn is financial advice that lure the investor and excite them to invest in hopeless financial products. This term was first devised by American personal financial writer Jane Bryant […]


Converting black money into white Scam by ICICI, HDFC

Converting black money into white Scam by ICICI, HDFC

Bank most trusted place to keep our money, mostly we keep our extra money in bank account, but what happen if bank in which you are keeping your money is involved in illegal activity? You will defiantly think twice before placing your money in that bank. Yes we are talking about countrywide undercover investigation by Cobrapost which shows that ICICI Bank, HDFC Bank and Axis Bank committing gross violations of the Income Tax Act, FEMA, RBI regulations and the anti-Money […]


Corruption, Scam & Black money – India’s reality

Corruption, Scam & Black money – India’s reality

Since last few days corruption and scams has became prime point for discussion. Coal scam, 2G scam and common wealth game scam has cause impression that India is center for corruption, scams & black money. According to World Bank research report India’s present parallel economy is 30% of GDP. Black money is causing negative impact on GDP and government income through tax. Economic transaction for which no records are kept is called as part of parallel economy or black economy. […]


Stock Guru India one more scam

Stock Guru India one more scam

Is seems it is very easy to fool people of India. Just set up a shop, get investors by promising extra ordinary returns, collect crores of rupees and disapper in the dead of night. Yes India witness one more scam “Stock Guru India scam”. It is claimed as one of the largest organized scam. Around 2 lac Investors has lost Rs.500 crores in latest scam “Stocks Guru” scam run by two enterprising scamsters known as Ulhas Prabhakar Khaire, 33, and his wife Raksha J Urs, […]


Learning from Nmart the latest Mega Scam

Learning from Nmart the latest Mega Scam

Before one year only we have witnessed mega scam of “Speak Asia” online survey based company they have cheated people through MLM route. Where investor has lost several lakh rupees, history repeats again and many people are cheated again by using MLM concept by Nmart retail chains. NMart Retails, a division of Newlook Multitrade Pvt Ltd has run collective investment scheme (CIS) based on the multi-level marketing (MLM) business, under the excuse of selling products through its retail chain. Now […]