‘I was caught unawares’
M. Venkatesh - private employee
“I am both an agent and a depositor as I diverted my commission earned back into the company. I really worked hard and mobilised ₹ 5 crore from the public and now they are now harassing me demanding payment. Though I was associated with the company for more than 10 years, I could not smell the impending danger. There is so much of unhappiness at home and I’m unable to go for a movie with my family. My life is full of stress and pain.
M. Mahalakshmi: Fisherwoman
I invested on a daily basis for two years and deposited around ₹7,500 when the company got into trouble. The agent used to collect money on a daily basis. After making several rounds, the management gave me a bond for ₹4,000 which I will be encashing soon. Though the money invested was less, I learnt a lesson. Not to invest in private companies and save only in banks even though the rate of interest is less.
