City Real Com Schemes

This is the era of Sophisticated Frauds. As the economy advances, the Frauds also becoming modern and sophisticated. One Such Scheme is City Real Com Schemes.

What City Real Com Schemes Offer?

Well, this scheme offers Rs.7700 Guaranteed return per month on the Investment of Rs.1,30,000 for 5 years plus after 5 years, you will get Rs.50,000 bonus.

Now Rs.7700 return on Rs.1.30 Lakh of Investment for 5 years will be Rs.7700 * 60 Months = Rs. 4,62,000 + Rs.50,000 Bonus = Rs. 5,12,000 return.

Now Rs.5.12 Lakh return on Rs.1.30 Lakh within 5 years will be 4 times return in just five years. It means that the company will double your money in 2 and half years and than again double it in next 2 and half years. Now How can this be possible?

This is 31.5% Compounded Annual Return.

Now let me ask you a simple question, if you are the owner of this company than how will you pay this high interest month after month for 5 years?

In case of Banks & NBFCs, this is how the Business works – Banks accept deposit from customers say 10% under FD, now they lend the same money to another customer for any type of loan such as Car Loan, Business Loan, Credit Cards & Personal Loans from 12-16% interest rate.

And Banks earn from this spread difference. If Banks are offering Loan at 12-16% who will borrow from your Company at 36% rate?

In other words, Beware of such types of Schemes. It means that if you invest in such schemes than sooner or later, you are going to be cheated.

These types of schemes work very well for first few months to gain the confidence of people. And once mass population invest in such schemes, they fly away with your money.

So my advise about such types of Schemes is – Stay Away from them…!!!!