| 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 |