Mamata Getting Criticism In Saradha Chitfund Scam

Admin   |   28 November, 2014   |   982   |   3980

"The Saradha chitfund scam is crating tremors in Trinamool Congress party and is also affecting the party chief Mamata Banerjee."



Kolkata: The North East India witnessed one of the largest scams in the form of Saradha Chitfund Scam.  The scam involving crores of rupees is having political background also.  The master minds behind the scam adopted centuries old Ponzi scheme and they could also succeed in involving 1.7 million innocent investors.



Ponzi schemes available in the present day market in the form of network marketing, multI-level marketing, pyramid marketing etc.  The promoters of the scheme attract investors with higher rate of returns and the innocent investors get attracted to these schemes (scams) with expectations of getting fancy rate of returns.