October 12, 2010

Green life Madurai goes the Paazee Marketting way


Again another company Green life from Madurai has vanished after collecting Crores of Rupees from the retail investors I don't know how people believe to such false promises made by baseless companies.As I come to know the business plan of the Green life Madurai was something like this that an investor has to invest a minimum one time investment of Rs 100000 and the company would pay 10 percent of invested amount as payout ie Rs 10000 monthly for ten months and along with 10 month payment the capital lump sum of Rs 100000 will be returned. 100 percent returns in ten months only God knows how it is possible? The same happened with Tirupur based company Paazee Marketing or Paazee.com and now it is Green life Madurai.

Both above mentioned companies has promised that they invest the money in Forex trading to make money,before investing in such companies the Public should know one important fact that RBI (Reserve Bank of India) allows Banks and corporates(exporter and importers) to take exposure in Forex trading not individual or speculators.Individuals are allowed to trade in Foreign currencies through NSE's trading platform since August 29 2008..

Only corporates are allowed to trade in Forex - subject to the condition that they can use only their free dollar reserves ie they cant purchase the dollar by converting rupees into dollar,they can only use the existing dollars they have earned in normal business .Another condition is they cannot use leverage more than 10 times..

Money is hard to earn there are lots of investment opportunity around you one can invest in stocks,bonds,fixed deposits,mutual funds etc.While choosing a company to invest verify whether it is registered with RBI or Regulator which is controlled by the govt.Last but not least don't fall prey to companies like Green life Madurai and Paazee marketing Tirupur who are "The Wolf in the Sheep's Clothing "...



Image source from robstroy.blogspot.com

10 comments:

  1. what you said is 100% correct. i invested 2lacs in green life madurai and even one year passed away still now, i'm working hard to compensate the loss that i made with this fraud company... i'm writing this comment with lots of pain in my heart.. my advice is "even though u earn some money be happy with itself and don't be over expect." 2 peoples got suicided due to this. green life makes more peoples life in to red life.. i believe god won't apologize such peoples.

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  2. Indeed most ofthe people know this fact.But the attitude of greediness made them to invest in such kind of deceptive companies. Do you have any more option to get back money from such heartless person? Please forward or let the people know it.

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  3. This is the M.D of Green-Life. If any one want to blame or want to ask questions just give their name, our company id along with contact number. Don't speak anonymous. Can any one of our customers pin the company that they haven't get benefit from green life. yes we agreed the customers who had invested on January 2010 may haven't got any profit else others can't say this. AND ONE MORE THING WE ARE ARRANGING FUNDS TO REPAY THE INVESTORS AND WE NEED YOUR SUPPORT TO DO THIS. THANK YOU

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  4. Mr.Amjad Khan it is nice to hear that you are arranging the payment to repay/settle the investors but the question is WHEN & WHERE???

    You have been posting videos, sending SMS, posting blogs and telling the same story that "Everyone Will Get Your Money" but everyones question is WHEN & WHERE???

    It will be great if you can answer these questions.

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  5. hi this is amjad khan.the comentors plz visit the greenlife website to know details,

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  6. i am infont of ur people , u wont run or i wont hide myself , i kept my family infront of u all, lot of companies gone , i ownt like that i am not greedy of money , i happy what i m earning , now i start the payments to the customers , the balmers co-operate with us to grow to-gether. thanking u

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  7. Hi Amjad, We got a SMS from your office Its nice to hear greenlife arranging to pay the customers. May I know the website and contact details of Green life office in Madurai?

    Anand

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  8. I have invested over 2lks, now i'm unable to spend not even a single rupee. The reason is i have invested all my amount and those amount i borrowed from others. Now I'm earning to pay them. My life will end soon if u don't do some thing. Please not. If anything happens to me, the Green life management must be the full responsibility.
    Please understand my feelings. It is been more than one year. My mother sold her gold chain and bangles to get this amount to invest. Oh god, i could not let her down. She still hopes that i'l return her the same. I have not eaten in fast food or not taken a single dress from last year. there are lot of problems around me. I could not even pay a semester fee for my sister. We are in deep trouble. Pls Mr. Md - gl pls do some thing

    Please help me.

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  9. these heartless people have nothing to do wit anyone s feeling.....they enjoyed nicely using others money lived a lavish life without even bothering that it belongs to other they are such hypocrites......God knows how can they be known as human beings n they say they are not greedy for money they are happy with wat they have....to point out they have lived with other peoples money only not thier money to spend so lavishly.....God will punish such cheap people n they will have to pay for their deeds....there can be no forgiveness for such kind of people

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  10. Mr. M.D GL im a helpless father who has pushed his daughters life into trouble. i invested a meger amt my daughter is in trouble now her husband is torchering for the money. even i have not shouted my daughter. but now she is getting beatings. pls understand my feelings. im ur very known person. siddique

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