Ponzi or pyramid scheme investment fraud.
Vikas
(Querist) 18 August 2018
This query is : Resolved
Hi
For some years a scheme is being started by eblessingspro.in. And my brother invested in it a month ago and now he is pressurising me and my mother to invest in it. I said a big No. I checked the company and it is registered with the government and so he thiks it is absolutely Legal. So my brother thinks it is genuine. A scheme is there along with other scheme(it have in their website) that invest 270000 and get 24000 each month for the next 18 months.
Please help me what should I do. I want to stop my brother from doing this but he is Not listning and wants us to invest. Please tell me if its genuine and if its not please guide me how so that I can tell my brother.
And please reply soon.
P. Venu
(Expert) 19 August 2018
You may try lodging an FIR or approach the jurisdictional Magistrate for a direction to the Police to investigate.