Ground Report

I think Indians, especially Bangaloreans will never learn from the past.Though there were so many blade companies cheated the public amounting to crores of rupees like Man-jog and Vini Vinc ,Bangaloreans invested in one such company called Frontier Group. Owner of the Frontier Group vanished into thin air with the booty which is approximately 2.5 Crores. A doctor has sold his house for 30 lakhs and invested the same in this company. It seems there are hundreds of small time investors invested  in this company. It is all because of greediness for easy money. People never analyse the pros and cons before investing in these type of companies. They take the offerings by the companies in their face value and do not work out things for themselves. I remember a case which was reported from Chennai, Tamilnadu about 25 years back. The person who was arrested for cheating public in the same way told the police" As long as there are people with greediness for easy money, I will cheat them". It seems he was right . What an irony?