Very bizarre way to help depositors. We may have sympathy with depositors who lost money with chit fund companies. The cheating company and greedy depositors both are guilty. It is okay to help depositors by recovering money from the company.

But why should the taxpayer be penalized for fault of company and the depositors. Also why people should spoil their health by smoking to create a fund to help such utterly foolish and greedy depositors. But Mamata Banerjee has all sympathy with these Chit fund (cheat fund) depositors and is building a fund from cigarette tax. It needs be considered whether government revenue is for development of state and helping the poor or for compensating the cheated greedy Cheat fund depositors.

http://www.ndtv.com/article/india/chit-fund-scam-taxes-on-cigarettes-to-help-pay-for-mamata-banerjee-s-500-crore-relief-fund-358528

Well said. They are really 'Cheat funds.' I feel it's the greed in human to get more dividends easily is the main reason for the existence of such 'Cheat fund companies'. And its this gullibility in people that's being cashed by these 'Cheat fund companies.'

Very bizarre way to help depositors. We may have sympathy with depositors who lost money with chit fund companies. The cheating company and greedy depositors both are guilty. It is okay to help depositors by recovering money from the company.

But why should the taxpayer be penalized for fault of company and the depositors. Also why people should spoil their health by smoking to create a fund to help such utterly foolish and greedy depositors. But Mamata Banerjee has all sympathy with these Chit fund (cheat fund) depositors and is building a fund from cigarette tax. It needs be considered whether government revenue is for development of state and helping the poor or for compensating the cheated greedy Cheat fund depositors.

http://www.ndtv.com/article/india/chit-fund-scam-taxes-on-cigarettes-to-help-pay-for-mamata-banerjee-s-500-crore-relief-fund-358528

Well said. They are really 'Cheat funds.' I feel it's the greed in human to get more dividends easily is the main reason for the existence of such 'Cheat fund companies'. And its this gullibility in people that's being cashed by these 'Cheat fund companies.'

Why all this happen. It is not happen in dark. When any company invite public to deposit money by showing them dreams which are never true, what was government doing at that time. It is all collusion of company director and politician. One one hand government is saying that smoking in injurous to health on other hand Mamata Didi is requesting one more cigratte please.

Very bizarre way to help depositors. We may have sympathy with depositors who lost money with chit fund companies. The cheating company and greedy depositors both are guilty. It is okay to help depositors by recovering money from the company.

But why should the taxpayer be penalized for fault of company and the depositors. Also why people should spoil their health by smoking to create a fund to help such utterly foolish and greedy depositors. But Mamata Banerjee has all sympathy with these Chit fund (cheat fund) depositors and is building a fund from cigarette tax. It needs be considered whether government revenue is for development of state and helping the poor or for compensating the cheated greedy Cheat fund depositors.

http://www.ndtv.com/article/india/chit-fund-scam-taxes-on-cigarettes-to-help-pay-for-mamata-banerjee-s-500-crore-relief-fund-358528

Well said. They are really 'Cheat funds.' I feel it's the greed in human to get more dividends easily is the main reason for the existence of such 'Cheat fund companies'. And its this gullibility in people that's being cashed by these 'Cheat fund companies.'

Why all this happen. It is not happen in dark. When any company invite public to deposit money by showing them dreams which are never true, what was government doing at that time. It is all collusion of company director and politician. One one hand government is saying that smoking in injurous to health on other hand Mamata Didi is requesting one more cigratte please.

Its customary in India, everyone knows about what's happening around except the government..

Very bizarre way to help depositors. We may have sympathy with depositors who lost money with chit fund companies. The cheating company and greedy depositors both are guilty. It is okay to help depositors by recovering money from the company.

But why should the taxpayer be penalized for fault of company and the depositors. Also why people should spoil their health by smoking to create a fund to help such utterly foolish and greedy depositors. But Mamata Banerjee has all sympathy with these Chit fund (cheat fund) depositors and is building a fund from cigarette tax. It needs be considered whether government revenue is for development of state and helping the poor or for compensating the cheated greedy Cheat fund depositors.

http://www.ndtv.com/article/india/chit-fund-scam-taxes-on-cigarettes-to-help-pay-for-mamata-banerjee-s-500-crore-relief-fund-358528

Well said. They are really 'Cheat funds.' I feel it's the greed in human to get more dividends easily is the main reason for the existence of such 'Cheat fund companies'. And its this gullibility in people that's being cashed by these 'Cheat fund companies.'

Why all this happen. It is not happen in dark. When any company invite public to deposit money by showing them dreams which are never true, what was government doing at that time. It is all collusion of company director and politician. One one hand government is saying that smoking in injurous to health on other hand Mamata Didi is requesting one more cigratte please.

Its customary in India, everyone knows about what's happening around except the government..

government is also know it but it like to keep his mouth shut because of political restraints. It is cost of support.

Very bizarre way to help depositors. We may have sympathy with depositors who lost money with chit fund companies. The cheating company and greedy depositors both are guilty. It is okay to help depositors by recovering money from the company.

But why should the taxpayer be penalized for fault of company and the depositors. Also why people should spoil their health by smoking to create a fund to help such utterly foolish and greedy depositors. But Mamata Banerjee has all sympathy with these Chit fund (cheat fund) depositors and is building a fund from cigarette tax. It needs be considered whether government revenue is for development of state and helping the poor or for compensating the cheated greedy Cheat fund depositors.

http://www.ndtv.com/article/india/chit-fund-scam-taxes-on-cigarettes-to-help-pay-for-mamata-banerjee-s-500-crore-relief-fund-358528

Well said. They are really 'Cheat funds.' I feel it's the greed in human to get more dividends easily is the main reason for the existence of such 'Cheat fund companies'. And its this gullibility in people that's being cashed by these 'Cheat fund companies.'

Why all this happen. It is not happen in dark. When any company invite public to deposit money by showing them dreams which are never true, what was government doing at that time. It is all collusion of company director and politician. One one hand government is saying that smoking in injurious to health on other hand Mamata Didi is requesting one more cigratte please.

The depositors are more to blame than the government. There are ample opportunities in well known manufacturing companies as well as in government schemes. Many people are so greedy that they would even give gold to a tantrik for doubling this. Such things have happened in Agra and nearby places like Firozabad. when there are wolves and also ready to submit lambs, government- state or union- is not to blame. There are men and women who would greedily give human even human sacrifice for getting treasure. No wonder, there is tribe of depositors who first foolishly surrender their funds to unscrupulous companies and then expect the taxpayer to reimburse them for their follies. It is so bizarre that mamata banerjee expects more cigarette consumption for sake of these greedy depositors.

The only way to help these depositors is to seize property of company and directors or others involved and pay proportionately to the depositors whatever is available.

Should Govt of India increase interest on small saving schemes just to discourage investors to desist from investing greedily in 'Cheat funds'.

Certainly no! But Mamata Banerjeee blames center for reducing interest. I wonder why she does not blame greedy nature of investors and the fraudulent cheat funds and their Trinmool patrons. :evil: :evil:

http://www.hindustantimes.com/India-news/Kolkata/Mamata-seeks-to-blame-Centre-for-Ponzi-schemes/Article1-1052558.aspx

Very bizarre way to help depositors. We may have sympathy with depositors who lost money with chit fund companies. The cheating company and greedy depositors both are guilty. It is okay to help depositors by recovering money from the company.

But why should the taxpayer be penalized for fault of company and the depositors. Also why people should spoil their health by smoking to create a fund to help such utterly foolish and greedy depositors. But Mamata Banerjee has all sympathy with these Chit fund (cheat fund) depositors and is building a fund from cigarette tax. It needs be considered whether government revenue is for development of state and helping the poor or for compensating the cheated greedy Cheat fund depositors.

http://www.ndtv.com/article/india/chit-fund-scam-taxes-on-cigarettes-to-help-pay-for-mamata-banerjee-s-500-crore-relief-fund-358528

Well said. They are really 'Cheat funds.' I feel it's the greed in human to get more dividends easily is the main reason for the existence of such 'Cheat fund companies'. And its this gullibility in people that's being cashed by these 'Cheat fund companies.'

Why all this happen. It is not happen in dark. When any company invite public to deposit money by showing them dreams which are never true, what was government doing at that time. It is all collusion of company director and politician. One one hand government is saying that smoking in injurious to health on other hand Mamata Didi is requesting one more cigratte please.

The depositors are more to blame than the government. There are ample opportunities in well known manufacturing companies as well as in government schemes. Many people are so greedy that they would even give gold to a tantrik for doubling this. Such things have happened in Agra and nearby places like Firozabad. when there are wolves and also ready to submit lambs, government- state or union- is not to blame. There are men and women who would greedily give human even human sacrifice for getting treasure. No wonder, there is tribe of depositors who first foolishly surrender their funds to unscrupulous companies and then expect the taxpayer to reimburse them for their follies. It is so bizarre that mamata banerjee expects more cigarette consumption for sake of these greedy depositors.

The only way to help these depositors is to seize property of company and directors or others involved and pay proportionately to the depositors whatever is available.

Yes it is best way but it is not enough to pay the depositors. They best way to save public in future from fraud is to banned chitfund companies.

Very bizarre way to help depositors. We may have sympathy with depositors who lost money with chit fund companies. The cheating company and greedy depositors both are guilty. It is okay to help depositors by recovering money from the company.

But why should the taxpayer be penalized for fault of company and the depositors. Also why people should spoil their health by smoking to create a fund to help such utterly foolish and greedy depositors. But Mamata Banerjee has all sympathy with these Chit fund (cheat fund) depositors and is building a fund from cigarette tax. It needs be considered whether government revenue is for development of state and helping the poor or for compensating the cheated greedy Cheat fund depositors.

http://www.ndtv.com/article/india/chit-fund-scam-taxes-on-cigarettes-to-help-pay-for-mamata-banerjee-s-500-crore-relief-fund-358528

Well said. They are really 'Cheat funds.' I feel it's the greed in human to get more dividends easily is the main reason for the existence of such 'Cheat fund companies'. And its this gullibility in people that's being cashed by these 'Cheat fund companies.'

Why all this happen. It is not happen in dark. When any company invite public to deposit money by showing them dreams which are never true, what was government doing at that time. It is all collusion of company director and politician. One one hand government is saying that smoking in injurious to health on other hand Mamata Didi is requesting one more cigratte please.

The depositors are more to blame than the government. There are ample opportunities in well known manufacturing companies as well as in government schemes. Many people are so greedy that they would even give gold to a tantrik for doubling this. Such things have happened in Agra and nearby places like Firozabad. when there are wolves and also ready to submit lambs, government- state or union- is not to blame. There are men and women who would greedily give human even human sacrifice for getting treasure. No wonder, there is tribe of depositors who first foolishly surrender their funds to unscrupulous companies and then expect the taxpayer to reimburse them for their follies. It is so bizarre that mamata banerjee expects more cigarette consumption for sake of these greedy depositors.

The only way to help these depositors is to seize property of company and directors or others involved and pay proportionately to the depositors whatever is available.

Yes it is best way but it is not enough to pay the depositors. They best way to save public in future from fraud is to banned chitfund companies.

Whatever you do, there are total fools and greediest, whom nobody can help. There are various way to cheat those who are greedy and foolish both. Some people had paid thousands of Rupees to a Tantrik Baba, who had an office in Sanjay Place Agra. They hoped (how sane is this) that the Baba would solve their business, family and health issues. Some of them found that Baba had left the office and was untraceable. They lodged complaint with local police station. I wonder who can help such people. There are various ways to cheat and 'Chit or Cheat Funds are only one way among many. I am sure that still they believe in such Tantrik remedy but only find fault with the absoncing baba. Hence they can still be fooled by some other Baba. Why others will not avail opportunity?