Emu Farming - Ponzi Scheme redefined - Part 2

Yesterday's post on the Emu Farming Part 1 was more on the original intend of the Emu farming franchise and how it could have turn into real business.

However, what is found to be happening is quiet contradictory to it. Maharashtra State Government ordered CID probe as they suspect about 200 Crore (40 million dollars) as you can see in this link along with the ban on the state and Tamilnadu government has already instructed forest husbandary department to conduct enquiry on the Emu farming after being reported suspicious circular trading in Erode.

What is circular trading?

Continue reading →

Emu Farming - Ponzi Scheme redefined - Part 1

Off late, you might have been bombarded with internet mail forwards, TV, Radio advertisements where your favourite or non-favourite actor/actress endorsing how Emu Farming has helped "millions" out of their poverty or financial goals. 

With aggressive set of suddenly cropped out franchises and attractive gifts like gold coins, I read that even many of the well educated err. well informed people are getting deceived by this ultra modern ponzi scheme. Here is how it makes into that category...

Continue reading →