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

Around 15K deaths because of potholes in last five years

Some data are very shocking and unbelievable. One similar data is about around 15K deaths in India because of potholes. These numbers are so alarming that even the Supreme Court of India raised a question on this issue. It is bad for any country to have so bad roads that they start killing more numbers of people than the actual numbers of people killed by any kind of war in country. This clearly states that we don't need wars to kill people because our roads are already doing this job. The condition of Indian roads has always remained a matter of debate. Despite so many efforts, the condition of Indian roads is not good.

Even in big cities, it is very common to find potholes and bad roads then who cares about the small cities and villages. The main reason behind such problems is that there is no system to make concerned authorities accountable. The officials involved in road construction don't do their jobs properly and high corruption is another reason which fuels such probl…

Check Final Results of Bihar Sanskrit Shiksha Board (BSSB)

Finally, after quite a struggle details are available about Bihar Sanskrit Shiksha Board (BSSB) and students can find the link below for getting all the Final Results related to BSSB. Their official website is -bssbpatna.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 link students can get the result by entering the roll number in the box available on the page. After pressing get result button complete mark sheet of students will emerge on screen. This is a simple option to get all the results of the BSSB and students are not required to visit any other site.

For Final results of Bihar Sanskrit Shiksha Board (BSSB) visit-http://bssbpatna.com/results.html

The old site of BSSB was www.bssbonline.com which is not available now.

Create your free social Network website

Below, I am going to share few free websites which are offering free social networking solutions to people. With the help of these websites, it is very easy for any person to create his/her own free social network website. Some of these mediums have already become very popular and millions of people from across the world have created their own social networking websites. Whole process of creating a free social network website is very easy and it takes only two-three minutes to get own personalised social networking website.

1) Ning.com- First and most popular one is ning.com. It takes less than one minute to create a free online social networking website with the help of ning.com and people get a free social networking website of name like yourname.ning.com. People can upgrade their service to paid one to use their own personal domain name like yourname.com instead of yourname.ning.com and use more numbers of features.
2) SocialGO.com – This is similar service like ning.com.
3) Spruz.c…

Alert for E-mail users

Dear all e-mail users, I want to request you to remain alert while using our email accounts and avoid responding or accepting number of reward or money sharing schemes offered in your mailbox. In the recent times, numbers of Indians have become the victim of these frauds due to their ignorance and somewhat greed. Numbers of criminal organisations mainly settled in poor African countries are behind these frauds. Recently, RBI has also issued security alert in this matter. However, still large numbers of people are not aware about these kinds of frauds and become the victim of them. Most of victims receive mails 1) telling them that they have won a lottery with automatic email draw 2) a person want to share some fortune with you 3) a widow needs your help for getting money 4) a bank employee of foreign bank needs your assistance in money transfer and number of other new and realistic methods created on the daily basic. Target of these mails are mostly new online users who have no knowle…

Read all the latest and interesting posts on the 20-20 cricket