Mumbai: Over 15000 investors cheated in the name of god – Video

Posted: November 24, 2012 at 4:45 am


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Mumbai: Over 15000 investors cheated in the name of god
Another Stock Guru-like scam has been unearthed which exploited the devout. Around 15000 investors from the Christian community were duped in an investment scheme that promised a tour to Israel for six days, investment for a divine tower, schools and hospitals for the poor. The scheme was a perfect narrative to lure investors in the name of religion. Many from the Christian community like Clement D #39;Souza fell for the VCare scheme, putting their entire retirement money, only to receive nothing in return. "I invested more than Rs 18 lakh of my retirement money into this scheme," he told CNN-IBN.From:ibnliveViews:29 0ratingsTime:02:12More inNews Politics

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Mumbai: Over 15000 investors cheated in the name of god - Video

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November 24th, 2012 at 4:45 am

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