Scam awareness (Day 19)

Are we that dumb ?? Rs. 30crore duped by pyramid scheme fraud in Manipur. If this is the first time, i won't use the word 'dumb' but this must be 5/6 time people were duped by this - looks legit - business know as Pyramid Scheme. As the name suggest its a pyramid based business, you have to recruit 2/3 people under you and they will recruit some under them so on making a pyramid. Its a fact that 99% of the people who join this scam will loss their money and that 1% will make money out of that 99% people who lost. That 1% are people who were on top of pyramid and they are just a fancy ad that the business work (it isn't, don't be dumb) and those 1% of people doesn't gain anything. Latest scam in Manipur duped Rs30crore from 2000 people, on average 1 person lost about rs 4lakh thats a lifetime saving for some. Just think what will you do if someone duped all of your saving ?? Yes, thats exactly what those 2000 people try to do at that 1%. Just days after that situation another "that kinda business" organised a seminar saying nothing like that would ever happen to their company (looks legit right ?? I also think the same), we will see. All i can say to people of Manipur is that, don't be dumb and be aware about this kinda scam and watch out >>>you don't want to lose your hard earn saving and most importantly your family and friends<<< BEWARE ;) Day 19.