The man who lost 20,000 in a span of 2 days!
Naeem, a small business owner in the small town of Meerut, UP in India was completely shattered when he was told by his broker, Kapil that his 3 month's savings worth Rs. 20,000 thata he had invested in some equities as suggested by the latter; had been reduced to Rs. 200. Now Naeem is forced to taking loan at a whopping 25 % compound rate from a local broker to save his business that feeds his family of 7. Naeem is not the only one to face this plight. There are many Naeems in Indian small towns today who are lured by unscruplous brokers and land up loosing their hard earned money. Above is Naeem's shop where he personalises knick-knacks like Key Chains with Names ising a letterpress.The question Naeem is asking and so are we: how does one get such brokers accountable?

1 Comments:
There are many Naeems in India. Thnaks to misguided investments!
10:51 PM
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