Did Icelandic Bank Swindle UK Customers?
This is daily phenomenon India.Of course not Banks, all the time, but on a regular basis by Non Banking finance companies(what a name?).
People have lost millions and continue to invest either in the same company in a new name or a new company offering the same services(?)
Border line companies are international Banks offering credit cards and facilities with a fine print.Difference is they operate on the thin line between usury and loan sharking; in many a case out right cheating.
So long as gullible and greedy people are around these scamsters will thrive.
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