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Agrigold investors get ₹1150 crore in AP budget?

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Agrigold investors get ₹1150 crore in AP budget?

Agrigold investors get ₹1150 crore in AP budget?
July 12
13:35 2019

The maiden budget by YS Jaganmohan Reddy Government has now made an allocation of ₹1150 crore to the AgriGold Ponzi scheme ,throwing open doors for every con operator to fleece poor and declare bankruptcy and insolvency.

The government of Andhra Pradesh which in a gesture fit for a sultan of yore, has decided to bailout the folks who had invested in the AgriGold Ponzi scheme

This sets a dangerous precedent. Why? Now every slick conman knows that his schemes will be unofficially backstopped by the AP government. He will merrily skip out of town with the loot, and surface in Mauritius or Antigua.

The AP government is busy doing nothing more serious than issuing meaningless “lookout notices” for the scamster, who is already sitting on a beach in Antigua sipping a Pina Colada and admiring bikini clad beauties,

The folks who invested in the AgriGold Ponzi scheme did so out of greed to get the promised mythical pot of gold at the end of the rainbow.They invested with their eyes open, of their own volition and agency. Nobody forced them to invest in the absurd schemes peddled by the tricksters who owned AgriGold.

The AP govt has set a dangerous precedent, by treating adults as children and paying them for their childish prank of investment in a gambling environment .

photo courtesy : google

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