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Puttur: Stay alert - Company promises to double investment in 28 days

  •   Thu, Aug 20 2020 02:23:34 PM

Daijiworld Media Network - Puttur (ANK)

Puttur, Aug 20: There are several instances where companies have taken money from innocent people by promising to double the money and then cheated the people.

A company named Eliya Construction and Builders has opened its office in Shiradi Udane village, which says investment made with them doubles in 28 days. The company also has acquired a trade licence from Shiradi gram panchayat. Since the last four months, Eliya construction and Builders is in existence. It is claiming that if anyone pays Rs 1 lac, their money will be doubled in 28 days.

The company's major target group is arecanut growers. There are many arecanut growers in Shiradi, Rekhya and Konaje. Now arecanut growers get good prices for arecanut. As the company has been targeting these arecanut growers, the day they come to know the growers have sold their arecanuts the agent starts visiting their houses duly offering them with promises to make their money double and then try to cheat innocent people.

Even the agents of this company receive better commission. Once the people deposit money within 10 days the commission money gets transferred to their respective accounts of the agent. It is said that nearly 200 people have deposited crores of money in this company.

There are no proper documentary evidence to show that the company's intentions are good and genuine. Even their website does not show any kind of information about this construction company.

 

 

 
  

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Comment on this article

  • Yenku, Panambur

    Fri, Aug 21 2020

    ಎಲಿಯಾ , ಪುಚ್ಚೆನಾ ....................
    wait and see.........................

    DisAgree [2] Agree [2] Reply Report Abuse

  • Rita, Germany

    Fri, Aug 21 2020

    It is a scheme like gold scheme.when they have enough money then Eliya will disappear and Eli gudu would be the last one has to seek.Dont fall prey to such schemes.Noone has anything to give others simply so .

    DisAgree [1] Agree [3] Reply Report Abuse

  • Sahil, Mangaluru

    Thu, Aug 20 2020

    We can expect vacination for Corona. But such fraudent Co. No vacination be careful.

    DisAgree [1] Agree [9] Reply Report Abuse

  • Sahil, Mangaluru

    Thu, Aug 20 2020

    Give me 1 lakh loan from eliya group. After 28 days deduct loan amount 1 lakhs from the 2 lakhs and just give me 50000 rs rest 50000 re invest.

    DisAgree [3] Agree [8] Reply Report Abuse

  • William, Mangalore

    Thu, Aug 20 2020

    Why this kolaveri?

    DisAgree [1] Agree [3] Reply Report Abuse

  • Nithyananda Beskoor, Udupi,Dubai

    Thu, Aug 20 2020

    No one can double your money in 28 days. They will promptly give for the initial investors ,once they gain popularity and when more & more people invest they will run away , maximum period they will stay is 6 months, minimum is 2 to 3 months.
    Initial investors may be benefited if the no of investors are less for the 1st 28 days.

    DisAgree [1] Agree [13] Reply Report Abuse

  • Anil, Mangalore

    Thu, Aug 20 2020

    Another Ponzi scheme !!!!! Beware

    DisAgree [1] Agree [11] Reply Report Abuse

  • Dinesh Kumar Shetty, Katipalla/Mangaluru

    Thu, Aug 20 2020

    Herapheri - 3, ek ka double, 28 din me paisa double, ye baburao ka style hai, yeh Raju tu muje bunglow ka kaagdaaj dede re baba, apka naam bhi anuradha hai kya ??

    DisAgree [2] Agree [10] Reply Report Abuse

  • I wish I was There, Bahrain

    Thu, Aug 20 2020

    ULLU CONSTRUCTION & BUILDERS.

    DisAgree [2] Agree [10] Reply Report Abuse

  • prem, moodbidri

    Thu, Aug 20 2020

    Beware of Fekus!

    It is not Double Investment... it is "Double Trouble" for the people, who are already in trouble due to bad economic condition!

    DisAgree [4] Agree [8] Reply Report Abuse

  • H. Almeida., Bendur/Andheri

    Thu, Aug 20 2020

    " Greed has no cure " Despite warnings, about the perils of fraud finance companies being floated by unscrupulous scoundrels, there will be many gullible buffoons, who will still be snared and mesmerized by these money spinning schemes... We should just leave it to their karma !!!

    DisAgree [2] Agree [8] Reply Report Abuse

  • Dylan, Mangalore

    Thu, Aug 20 2020

    How come Eliya construction and builders tell public to deposit money in their entreprise when public have not received the promised Rs15 lakhs in 2014 by our PM. The public sector banks are not giving good interest to deposit holders surely gullible depositors will be tempted to deposit in such enterprises who come up with tempting offers.

    DisAgree [4] Agree [15] Reply Report Abuse

  • Anthony, Mangalore

    Thu, Aug 20 2020

    If it is too good to be true it is not true. Beware.

    DisAgree [3] Agree [9] Reply Report Abuse

  • R.Bhandarkar, Mangaluru

    Thu, Aug 20 2020

    Areca Growers and all should not fall prey because...
    Even your HAIR does not double in 28 days Ok?
    Then "ಎಲ್ಲಿಯ ಬೋರ್ಡ್ ಎಲ್ಲಿಯ ? ಇಲ್ಲೇ ಈತ ಲಾ? ... ರೈಟ್?

    DisAgree [4] Agree [15] Reply Report Abuse

  • Santan Mascarenhas, Kinnigoli/Bangalore

    Thu, Aug 20 2020

    It is surely a blade company. Today even, once good companies are not paying the interest and matured principal amount to depositors. Many companies' directors are inside jail. There are many co-operative banks,(PMC is one among them) under RBI moratorium. Now Reliance Capital is not paying interest and principal of debentures.

    I think, the court in the area, should take suo moto action without waiting for the complaints later.

    DisAgree [2] Agree [13] Reply Report Abuse

  • Anil, Mangalore

    Thu, Aug 20 2020

    With bank FDs at an all time low many such NBFCs are cropping up nowadays, many of them are also using religious names to attract gullible investors of particular communities. All should beware of such fraudsters, their main targets are people with unaccounted money , unfortunately when they disappear there is no way of recovering this money

    DisAgree [1] Agree [10] Reply Report Abuse

  • Mangalorean, MANGALURU

    Thu, Aug 20 2020

    Now it is Eliya, after 28 days when you go to the office for double money, the L in the Eliya would have doubled and people would be like Elliya???

    DisAgree [1] Agree [49] Reply Report Abuse

  • Johnny, Mangalore

    Thu, Aug 20 2020

    If people still don't learn lessons, there will be many more promising and later disappearing. ..... Why not the local administration taking any action?? Waiting for them to grab the money??? and then fooling the people saying the 'law will take its own course'!!!

    DisAgree [3] Agree [27] Reply Report Abuse


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