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Promise |
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Double
your money in two months or less
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Reality |
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All
schemes offering high returns of double money within two
months or such short spans have no legal sanction. Nor are
they reliable
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Promise |
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Post
dated cheques as a guarantee for this
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Reality |
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Postdated
cheques are not a guaranteed payment device, as they could
bounce when you finally present them
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Promise |
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Claim
they do it by investing in some wonder projects or
plantations
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Reality |
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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
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Promise |
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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.
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Reality |
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Gift
schemes and chains are an offence under the Prize Chits and
Money Circulation Schemes (Banning) Act of 1978
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Promise |
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As
the scheme is run by a registered company, it is absolutely
safe
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Reality |
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Even
registered companies are not allowed to promote and run any
such schemes
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