🚨 Save Your Hard-Earned Money – Beware of Crypto MLM and Fake Investment Schemes! 🔎 India's and the World's Biggest Investment Scams 🚨
My 20+ Years of Experience For You! ✍
“There’s no shortcut to becoming rich overnight!”
📢 A Truth I Learned from My Own Experience…
In the past 20+ years, I’ve met countless individuals who lost thousands to lakhs of rupees.
Some lost their entire life savings, and it wasn't just money, but their reputation, relationships, and mental peace too.
👉 These people also pulled their friends, relatives, and acquaintances into these schemes, causing not just financial loss, but also complete destruction of their image and trust.
💡 Fortunately, I became aware in time…
👉 I found some great books and financial education that changed my mindset and saved me from fraudulent schemes.
📚 My advice to everyone is: First, educate yourself financially.
🔎 India's and the World’s Biggest Investment Scams
🇮🇳 India’s Notable Financial Scams: 1️⃣ Sahara Group Chit Fund Scam (₹24,000 Crore+)
2️⃣ PACL Scam (₹49,100 Crore)
3️⃣ Sharada Chit Fund Scam (₹2,500 Crore)
4️⃣ GainBitcoin Scam (₹87,000 Crore)
🌎 World’s Biggest Scams:
1️⃣ Bernie Madoff Ponzi Scam (USA - $65 Billion)
2️⃣ OneCoin Crypto Scam (Bulgaria - $4 Billion+)
3️⃣ Bitconnect Scam (Crypto - $2.4 Billion)
❌ Fake Crypto MLM and Schemes (Fraudulent Crypto MLM & Ponzi):
🚫 “Recruit new members and earn returns” – This is a 100% pyramid scheme, where your money is filled by the next investors.
🚫 OneCoin, BitConnect-like Fake Cryptocurrencies – These were never listed on the blockchain and only existed on paper as fake coins.
🚫 “Hold and earn returns” – Many schemes force people to lock investments, while their value slowly deteriorates to zero.
🚫 “Illegal Transactions” – Governments consider unregulated crypto transactions as high-risk and a cause for terrorism funding.
⚖ Crypto Investment Taxation, Risks, and Losses
📌 Taxation on Crypto Investments:
🔹 In India: 30% tax + 1% TDS on profits when trading crypto.
🔹 MLM schemes linked to crypto: Impossible to save on taxes because they’re unregistered and carry higher risk.
🔹 Long-Term vs. Trading Tax on Crypto: Holding crypto long-term may be tax-friendly, but frequent trading incurs heavy tax liabilities.
📌 Legal Crypto Investment vs. Crypto MLM Schemes
✅ Legal Crypto Investment:
✔ Invest in top cryptocurrencies like Bitcoin, Ethereum, etc., through reliable exchanges (Binance, Coinbase, WazirX).
✔ Store crypto securely in your wallet.
✔ Regulated Crypto ETF and Futures in some countries, approved by SEBI or other regulatory bodies.
📖 My Recommended Finance and Investment Books:
👉 To ensure you and your family never fall into such scams, read these books:
📌 The Intelligent Investor – Benjamin Graham
📌 The Psychology of Money – Morgan Housel
📌 Rich Dad Poor Dad – Robert Kiyosaki
📌 The Little Book of Common Sense Investing – John C. Bogle
📌 Unshakeable – Tony Robbins
➡ These books will help you understand the difference between right and wrong investments.
20+ Years of Experience for You!
📢 I’m Mahavir Singh Kaintura:
✅ "I have represented direct selling on various platforms and have also gained valuable experience as an investment advisor.".
✅ Direct Selling is a great business model, but avoid people who present it in a misleading way.
✅ If anyone tempts you with schemes promising to double your money quickly, stay cautious!
✅ Only adopt legal investment schemes and prioritise long-term financial growth.
✅ Invest your hard-earned money only in trusted and legal options.
🔔 Stay Alert – Invest Right!
❌ Don’t fall into the “Get Rich Quick” traps.
✅ Invest your hard-earned money only in legitimate and legal schemes.
Are you aware of how to protect your money? Support by commenting “Yes!”
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