Skip to main content

Has India become a capital of financial frauds?

In India, it is very easy for criminals to do financial frauds because laws are very poor to handle such crimes. Therefore, we see massive financial frauds done by criminals, political leaders and bureaucrats on regular basis. From where these people get so much confidence to do all this, the answer is simple – No fear of prevailing laws. Present laws are not enough to grill such people and if any how they are caught then they move away with lighter punishments.

These financial frauds range from few crores to lakhs of crores. One of best option to make quick money is to start a financial chit firm or survey firm; then they lure people to invest in their companies for much better returns as compared to registered companies. However, the major problem with these companies is that they do not work as per prevailing laws and misguide people about their investments. These companies do offer incentives to people for adding more numbers of people.

Ordinary people generally got carried away by such plans and advertisements and they invest in such companies without proper investigation. Initially, these companies give good returns for few initial years to attract more numbers of investors. Many such companies soon disappear after collecting crores of rupees of people. Similarly, our leaders and bureaucrats do eat large sum of money originally granted for welfare works.

Every year, we see many such frauds coming to surface; however, non availability of proper laws make it hard for investigating agencies to pursue their case against such people. Therefore, these people move free after doing massive financial frauds and plan new frauds. It is very important for country like India to make much stronger laws so that such companies or people can be punished and no one should try to commit such crimes in future.

Comments

Popular posts from this blog

A new 15 year old Buddha

In Nepal, a new Buddha is in making. Recently a person called Ram Bahadur Bomjon from Nepal has been fasting and meditating for the last six months beneath a tree. In him, people are seeing a new Buddha. This incident has happened in the Bara district of Nepal. Thousands of pilgrims have started visiting this place. There is news that Ram has not broken his fast  even a single time .  For the last six months, he has not moved, even to relieve himself. His place is not much away from the place where the original Buddha had done his meditation. According to Ram, he does this meditation because a snake has beaten him. He is also asking people for not saying him Buddha because he is telling that he is not having the powers like Buddha.. kgw. arvindkatoch1 Read - 15-year-old Buddha to controversial Figure 

Who is real victim in Amit Budhiraja and Rinku Sachdeva case?

Pictures of Amit Budhiraja and Rinku Sachdeva It is really hard to believe that present educated youths have become so weak that they are finding it hard to easily manage their marriage relationships. One similar matter came to light when story of Computer engineer Amit Budhiraja (working with Infosys) killing his wife Rinku Sachdeva (marketing executive with private bank) and later committing suicide become top news of today. Amit Budhiraja blamed his wife Rinku for not being a good wife and having extra-marital affair with some other person in his suicide note. According to him, he has recorded the conversation of Rinku with her alleged lovers on his Laptop which is now in the police custody. Both Amit Budhiraja (30) and Rinku Sachdeva (28) were well settled in their life and highly educated then why they failed in their relationship. Amit may have put blame on his wife for having some affair; however, he cannot justify any killing of a person on the name of having some affa

Information on Bihar Sanskrit Shiksha Board (BSSB)

Finally, after quite a struggle details are available about Bihar Sanskrit Shiksha Board (BSSB) and students can find link below for getting Final Results 2008. Their official website is -www.bssbonline.com. This website is in Hindi and Flash, therefore, people found difficulty in finding it. On this website, people can easily find all results online of BSSB. Through, the final results 2008 link students can get result by putting their centre code and roll number in boxes provided on page. After pressing get result button complete mark sheet of students will emerge on screen. For Final results 2008 visit- www.bssbonline.com/ or Final Result ,2008 Bihar is one state of India which is still struggling when we think about IT revolution. Today, lots of students from Bihar are searching for Bihar Sanskrit Shiksha Board (BSSB) results online, however, no information about this board or any result is available online. Only people can hope to find contact number of charirman Bihar State S

Dr APJ Abdul Kalam- A true Indian

Former Indian President Dr APJ Abdul Kalam is leaving behind a great legacy of true Indian, who is committed for the cause of his nation in every work he performs. I am not the only person who is praising Dr Kalam for his extraordinary conduct as missile man and Indian President; there are billions of people in India across all the sections who want to embrace his philosophy of Indianism.  This simple looking and a shy man has clearly changed our thinking about nation and role of president. He is a real hero not the filmy one but a real time hero who has proven to us that patriotism is still alive in India. This is his extraordinary trust on Indian people which makes him shine above our rusting political leaders. He is a true leader, who not only demonstrates leadership but also help others in becoming leaders. According to him, India need good leaders very badly who can take this nation to new heights and he is totally right because if one APJ Abdul Kalam can make so much d

How it is to be free like a bird?

When ever I saw birds in the sky, I always wander why we are not free like them. We are most advances species on the earth but when comes to the freedom point we have least. Our most of the life is determined by others, directly or indirectly. A bird does not need anyone’s permission before flying. He has no direction to chose. His only aim is the search of food. He doesn’t have very big dreams. Bird’s lives life in today. Unlike them we are more burdened by the outcomes of tomorrow and in this way we spoil our present also. People go on doing hard work for securing their future. However some of them are never able to see this future. In childhood we work as par our parents and try to fulfill their dreams. In adulthood we are burdened by the family and children. On the reverse birds allows their children to be self sufficient and free them to choose their own directions. The bird’s does not have to choose any religion to follow and they are not guided by any god. They live truly in nat