Books mentioned in the episode: Get rich slowly: tapthe.link/GetRichSlowlyBook More videos for you: India’s overpopulation: ruclips.net/video/Sjur6Bu30YM/видео.html India’s wealth distribution: ruclips.net/video/z4Qf44Ti338/видео.html How internet works: ruclips.net/video/LLpGtWpr28I/видео.html Epic science breakthroughs: ruclips.net/video/m2ul_1KYXpA/видео.html
👍 Chit funds are not illegal they are unregulated in India. “Kerala State Financial Enterprises Limited” this is a state own chit fund company.Just for information.
Chit funds are not illegal. They are not "unregulated" either. They need to be registered and they need to follow a number of guidelines. Here are more details from RBI: sachet.rbi.org.in/Docs/0%C2%A5central%20ChitFundAct%201982.pdf
One such scheme is running around which says you give 4 lk and join 2 people every year and tell those 2 people to join 2 and so on and you will get 9 lk / week after 4 years... You just have to work for 4 years... And they target mostly urban middle age housewife whose kids are grown and she has savings and guilt of not doing anything in life
Is this Qnet? Looks like it. I too got scammed by it. By my old college friends in fact. I lost a few lakhs. Thankfully I came out of it at the right time and saved myself from more losses.
![Hunxho - Ball Forever [Official Video]](http://i.ytimg.com/vi/nki9ZTF9Uls/mqdefault.jpg)
Books mentioned in the episode:
Get rich slowly: tapthe.link/GetRichSlowlyBook
More videos for you:
India’s overpopulation: ruclips.net/video/Sjur6Bu30YM/видео.html
India’s wealth distribution: ruclips.net/video/z4Qf44Ti338/видео.html
How internet works: ruclips.net/video/LLpGtWpr28I/видео.html
Epic science breakthroughs: ruclips.net/video/m2ul_1KYXpA/видео.html
Seriously the most underrated channel on RUclips
👍
Chit funds are not illegal they are unregulated in India. “Kerala State Financial Enterprises Limited” this is a state own chit fund company.Just for information.
Chit funds are not illegal. They are not "unregulated" either. They need to be registered and they need to follow a number of guidelines. Here are more details from RBI: sachet.rbi.org.in/Docs/0%C2%A5central%20ChitFundAct%201982.pdf
Really surprised by low like count 😮
One such scheme is running around which says you give 4 lk and join 2 people every year and tell those 2 people to join 2 and so on and you will get 9 lk / week after 4 years... You just have to work for 4 years... And they target mostly urban middle age housewife whose kids are grown and she has savings and guilt of not doing anything in life
Thanks for the info, @Sunita. I hadn't heard of this one.
Is this Qnet? Looks like it. I too got scammed by it. By my old college friends in fact. I lost a few lakhs. Thankfully I came out of it at the right time and saved myself from more losses.