The pmk has demanded a ban on high-profit Chinese fraudsters in Tamil Nadu. Founder Dr. Ramadhas has issued a statement. Its full details are as follows:
Chinese companies that used the poverty and financial crisis of the people of Tamil Nadu to deceive them with loans have now begun to deceive them by claiming that they are making more profit. While many have already been deceived by Chinese companies, the government and the police must take action to prevent others from falling prey to the machinations of Chinese companies. In that sense, some Chinese companies have started shadow companies in India in an attempt to deceive them into believing that they can bring more return on investment through its processors. Thirty-seven people from Chennai who had invested money through processors operating under the name of Power Bank App, Tesla Power Bank App, have lost their total investment.
Many Chinese companies start shadow companies and bank accounts in their name with the help of chartered accountants in India. Employees organized on behalf of those companies will approximately collect the details of those who have more money in bank accounts and call them on the phone. If they invest through their banking processors, they will be tempted to double it in the short term. Depending on it, some people will invest very little. Relevant companies will pay double the amount for such investments after a certain period of time. Therefore, customers who rely on the processors of the companies involved will invest more; Their acquaintances and friends will invest in the relevant processors as per their advice.
However, once a large amount has been invested, companies that transfer that money to another account freeze the investor’s account. Many people are deceived by this method.This procedure for deceiving customers is time consuming. So far local companies have been doing the job of deceiving investors by setting up luxury office, giving gift items and announcing attractive interest rates. Chinese companies, however, are now deceiving people with high-tech processors. Recovering lost money from Chinese processors is the horse’s horn because such fraudulent companies have no identity and no assets to seize.
Over the past year, Chinese companies have developed interest rate processors, bringing in a large number of customers in Tamil Nadu to lend. Chinese operatives used to call the families and friends of those involved on the phone and swear obscene words if they did not repay the loan within the stipulated time. I just exposed it last year and insisted on taking action. It was only after that that some Chinese and many Indians who had helped them were arrested. Only then did the public end up committing suicide by getting caught up in the Kantuvatti processors.
Even now, if those who invest in Chinese processors are not prevented from losing money, those who lose money will have the misfortune of committing suicide. Before that, the Tamil Nadu government and the police must take action to save the people and their money. Recovering money invested in Chinese processors is an impossible process. The only solution is to ban Chinese companies from extorting money from people. Until the legal process is completed, the government should raise awareness among the people so as not to disappoint the Chinese processors.
Therefore, the government and the police should advise the people of Tamil Nadu through all the media not to invest in fraudulent Chinese processors claiming to be twice as profitable as the amount invested. The companies that run Chinese processors and all those who are complicit in their fraud must be found and arrested; I urge you to ban Chinese processors and companies that commit fraud.
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