Jaspreet Singh (Money Matters)
Jaspreet Singh (Money Matters)
February 14, 2025 at 01:52 PM
*Greed Leads to Disaster: Falcon Scam Dupes Thousands!* A Dubai-based company, Falcon Invoice Discounting Firm, has shut down its office, leaving thousands of investors across India in the lurch. The firm had promised an *unrealistic 24 - 28% assured returns* on investment, luring people into parting with their hard-earned money. The red flags were clear: unusually high returns, assured returns, and a promise that sounded too good to be true. But, as we've seen time and again, greed can be blinding. Investors, including a doctor who lost ₹5 Crore and a Bengaluru-based investor who lost over ₹3 Crore, have fallen prey to this scam. _The Falcon scam is a stark reminder to be cautious of investments that promise unusually high assured returns. Always remember: if it sounds too good to be true, it probably is._
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