| Promise |
: |
Double your money
in two months or less |
| Reality |
: |
All schemes offering
high returns of double money within
two months or such short spans have no legal sanction. Nor are
they reliable
|
| |
| Promise |
: |
Post dated
cheques as a guarantee for this |
| Reality |
: |
Postdated cheques
are not a guaranteed payment device, as they could bounce when
you finally present them |
| |
| Promise |
: |
Claim they do it
by investing in some wonder projects or plantations |
| Reality |
: |
There are no
projects, especially agriculture based, that can give you
returns in any time less than a year. In fact, tree plantations
take at least 10 years to mature
|
| |
|
Promise |
: |
Huge
sums of money by being part of a gift chain i.e. you gift a
certain amount of money to two people, and then find two people
who will enter the chain by gifting you the sum. They in turn
will get two more subscribers, and so on. |
| Reality |
: |
Gift schemes and
chains are an offence under the Prize
Chits and Money Circulation Schemes (Banning) Act of 1978 |
| |
| Promise |
: |
As the scheme is
run by a registered company, it is absolutely safe |
| Reality |
: |
Even registered companies are not
allowed to promote and run any such schemes |