In this part of southern India known for scams that vary from teak plantations and gold to real estate and foreign exchange, this was a con with a difference. Rather than dangling the usual bling to attract investors to their get-rich-quick scheme, these “entrepreneurs” used emus.
Oh, if only people learned from history…
And:
By some estimates, 1,000 Ponzi schemes operate at any given time in each of India’s 28 states, fueled by weak regulation, overlapping agencies and corrupt officials.
Might I suggest that anytime somebody says to you, “Yes, you can get into the business of raising large flightless birds, even if you live in an apartment. You don’t even need to ever see the birds” you should probably turn around and run in the opposite direction?
This entry was posted on Sunday, September 30th, 2012 at 1:49 pm and is filed under Clippings, Food, Stupid. You can follow any responses to this entry through the RSS 2.0 feed.
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