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Don’t let Pyramid Schemes loot your money…

Written by Ak Sharma



Seminar details: Every year, tens of thousands of “Double-your-money” schemes which offer instant riches are eating into the savings of people. These schemes (also called Ponzi or pyramid marketing schemes) are banned in many countries. But in India, they fly below the radar because of ineffective legislation and burn a big hole into the savings of Indians across the economic spectrum. There are schemes that are aimed at the poorest of people, by dazzling them with the hope of quick money and there are schemes aimed at the gullible but wealthy. Ms Sucheta Dalal explains how exactly these schemes lure and con so many people.

Date: Tuesday, 11 October 2011.
Registration timing: 3:00pm
Session Time: 3:30pm–5:30pm followed by Tea

Moneylife Knowledge Centre, 305, 3rd Floor,
Hind Service Industries Premises, Off Veer Savarkar Marg,
Shivaji Park, Dadar, Mumbai 400028.
Landmark:Chaityabhoomi Lane.

Admission: FREE
No Entry without Prior Registration.

Contact details:
Call Judith/Seraphina on 022-24441058-60,
or email us at [email protected] or log on to

Speaker: Ms Sucheta Dalal, Trustee of Moneylife Foundation and Managing Editor of Moneylife Magazine.

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