----- Original Message ----- 
From: "Goa Desc" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Saturday, January 31, 2004 4:27 PM
Subject: [Goanet]45,000 investors in Goa get duped Cops seal Kalpavriksha
offices


> The company has duped over 45,000 investors in state to the
> tune of Rs 10 crore, the officials said. The Cell has already frozen
> the accounts of the company in various banks in state under the
> leadership of the police inspector, Mr S Y N Gaonkar.


> The company was offering lucrative schemes and incentives for
> the investors besides fat salaries to staff. The company was offering
> 18-20 per cent rate of interest to the investors on deposits and 8 per
> cent rate of interest to agents, field staff, agents, organisers, special
> organisers, inspectors, zonal officers and regional officers.



RESPONSE: If it seems too good to be true 18 - 20 percent interest then it
really is.
People are duped time and time again, by such schemes in Goa. The last one
was investment in Teak forests?

Cheers,

Gabe Menezes



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