On February 18, it was mentioned here that the business model of Aryarup Tourism and Club Resorts Private Ltd is nothing but a money circulation scheme. Any sane person could see a racket in the scheme. Mr Sarpatwar Vinayak Rao, lodged a complaint with the police stating that the scheme of Aryarup Tourism and Club Resorts is a money circulation scheme and he was induced to become a member in the scheme. He filed the complaint with the Adilabad Town Circle Police Station (Andhra Pradesh) against the Mumbai-based company stating that he was asked to pay Rs. 1500 to join into the scheme and was also asked to enrol two more members on which he gets commission. He was also promised to get more commission in the binary system if the downline members enrol more members. He also stated that the company has already collected Rs. 11,28,33, 796 (Rs. 11.28 Crore) from public by making false promises of easy and quick money under various schemes which have no legal sanctity. The police have already arrested three persons in this connection and efforts are on to arrest the Mumbai-based office bearers.
It has been warned here about such schemes several times. I once again appeal to people not to fall prey to the schemes of these crooks. Now at least one person came forward to lodge a complaint with the police. It is hoped that more people would prefer to file criminal cases against such companies which have been looting the gullible.