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Shiitake Mushrooms of financial institutions offering attractive returns for money invested in their companies in the recent years.
In addition, many financial companies were collecting money in the name of online trading and vanished after collecting crores of rupees.
In most cases, the aggrieved depositors were retired persons, monthly earners, daily wagers, and poor and middle income group persons. Many persons deposit their hard-earned money for future for purposes. But end up suffering huge loss due to fraudulent financial companies/chit fund firms, the release said.
Considering this situation, a State-level coordination committee meeting chaired by the Chief Secretary was held last month in which various regulatory agencies participated.
At the meeting, the decision to alert the public was taken.
In line with this, the campaign will be held on March 30 from 10.30 a.m. to 12.30 p.m. at Kavalar Thirumana Mandapam near Periyar Poonga in Vellore, the release added.
In addition, many financial companies were collecting money in the name of online trading and vanished after collecting crores of rupees.
In most cases, the aggrieved depositors were retired persons, monthly earners, daily wagers, and poor and middle income group persons. Many persons deposit their hard-earned money for future for purposes. But end up suffering huge loss due to fraudulent financial companies/chit fund firms, the release said.
Considering this situation, a State-level coordination committee meeting chaired by the Chief Secretary was held last month in which various regulatory agencies participated.
At the meeting, the decision to alert the public was taken.
In line with this, the campaign will be held on March 30 from 10.30 a.m. to 12.30 p.m. at Kavalar Thirumana Mandapam near Periyar Poonga in Vellore, the release added.