Investors are being made to look like fools! They keep boasting that with investments, one can earn thousands or lakhs without much effort. REG News continues to alert us about these tricksters. Still, some scammers have started their businesses on social media pages like Facebook and Instagram. They target innocent people, trying to lure investors with attractive advertisements and trick them into their schemes.
A page on Facebook is making fraudulent attempts like this. It claims that you can get a rent of Rs 54,000 per month if you invest Rs 54 lakh. For those looking for monthly rental income, they are offering an investment option in commercial space. If you invest Rs 54 lakh in an apartment, you may only earn 10 to 15 thousand per month. But if you invest in a commercial space, they promise a rent of Rs 54,000 per month. This company is claiming that the commercial space is located in the Wipro Circle, but they add a “conditions apply” disclaimer. They insist that the investment of 54 lakh should be made through full payment, not a bank loan, and only those who invest in this manner are eligible for this “bumper offer.” Therefore, anyone seeing such advertisements should not fall for these scams.