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| Rs 251 freedom smartphone scam in detail |
In fact, in the year 2016, a Noida-based company named Ringing Bells Private Limited launched a smartphone called Freedom, which was priced at Rs 251 and claimed to have 1 GB of RAM. And it has 8 GB ROM and its display is 4 inches, but to get this smartphone, first you have to register online by paying full amount.
Now there were three types of people to take this smartphone-
- The first type of people were very happy and went to the website and immediately got the registration done and also made the payment.
- Other type of people were wishing that they should also buy this phone but were afraid that it might be a fraud and were also thinking in their mind that they will get the registration done. It is a good thing and even if it is not received, there will be no big loss.
- The third type of people were thinking that it could be a fraud, that’s why they did not do any registration and remained the same because it was a fraud.
In fact, the Ringing Bell company showed its smartphone in such a way that it is a scheme from the government and this company had collected more than 145 crores, but when the smartphone was not given to the customer, then the CEO of this company Was arrested in 2017 in a fraud case.