Monday, 27 February 2017

Man behind India's $4 smartphone arrested for fraudin USA

           The man who surprised everyone by announcing such a jaw dropping offer in the Mobile Phone Sector in India more than One Year Ago has been arrested finally due to fradulent activity .
                   Mohit Goel, the founding director of Indian phone manufacturer Ringing Bells, was arrested on Thursday .
                                  Akshay Malhotra, proprietor of Ayam Enterprises, told to CNNMoney that he paid Ringing Bells 3 million rupees ($45,000) in February 2016 for phones and accessories but he said his company received products worth only 400,000 rupees ($6,000) .Malhotra also added that when he demanded a refund, he received just one million rupees ($15,000) & threatened him that something will go wrong if we don't wait quietly.

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