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Sunday, May 12, 2013

Ponzi Schemes in Pune

10 Per Cent Returns Per Month:

The other day I attended a meeting of investors duped by Nitin Rajaram Narke of Blue Chip Corporation / Investment. Pretending that he earns huge profits in the share market, Nitin Narke lured thousands of naive investors in Pune. He promised them to give 10 per cent returns per month - in cash - if they invest in the share market through him.

"How can someone believe in 10 per cent per month returns?," I asked Mr. Vijay Sagar.

"Same way you believe in Proposed N A Plots," said Mr. Vijay Sagar.

To read more, please, visit -
How to Recover Money Lost in Proposed N A Plots


  1. It is very unfortunate that without actual real development on ground and without considering laws,acts,rules like MLRC MRTP People consider investing in plots somewhere remote hoping they will pay huge returns someday.

  2. Proposed NA plots :D .. one experience shared by a friend.. Her father bought and then when they actually planned to sell it.. they sold it at loss of 5 lacs

  3. Under Section 63 of Bombay tenancy and agriculture land act 1948 only AN AGRICULTURIST can buy an agriculture land in MAHARASHTRA, my doubt is, then how the sale DEED is taking place and even getting registered ? it means the REGISTRAR ALSO COMMITTING an OFFENSE ?