A young age son commit suicide because lost 7 Lakhs Rs. in a scam site

This is so tragic. I am also tight with my money online because i am afraid of scams. But there are still some ligit sites who asks for money such as to upgrade your account to earn even more money. The bottom line is, before investing, you should search for various sources online for persons who have proof that they have received payments and that the site is legit. But still, its a good idea not to invest too much just incase something goes wrong you are able to recover from in financially.

Too bad, i am sorry to hear this; these days it is difficult to trust persons whom you know well even so long as it is money matter; just wonder how he trusted some one ONLINE There are tons of such sites , i will never invest there ENJOY A GREAT 'SUNDAY'

Ya me to invest Rs. 10000/- and when the time of receive my first payment of Rs. 3500/- from site the site owner was arrested in scam or fraud case and after that and still till date no update of this site is found in any where and the money which people invest in this site is gona, and all those who work with site before this site become scam had lost lakhs of ruppes from his pocket as well as other who trust him, like i know my friends father who is just retire from his teaching jobs had invest Rs. 50000/- in this site and only recovered just 10% from the amount invested by them and the balance money is gona like in the flow of river. I also feel if govt had put some step towards the site they may be help people to recovered their money from site, but last all we know govt is also the part of this things and never help the people at all.

Hi dear, That is really unfortunate. But how can a person invest 7 lakh rupees in online without getting proof of surety. I think the boy should have been wise with his investment then his life would be saved. I also read the news the head of this site got arrested. Somebody asked us too to join the site, but being in mylot I am aware about the danger in online investment. So I told that I will check it and tell later.

Like many people that have been involved with trying to make some money on the internet, I have been a person that has been a victim to a few scams in the past. This was something that was depressing to me when it did happen, however, it wasn't something that was so depressing that I would have considered taking my life because I had lost money. In actuality, I do think that there is a chance that the fact that this youth had lost money is not the only reason that he was depressed enough that he ended up ending his own life.

there are many incidents like this which has happened and even happening at the moment,many have suffered huge loss.its quite risky and there is no scope in it for sure in the long run,always be safe and alert with money

Wahh...I don't want to invest in this site! Horrible.

Scam sites are all around us today some people fall for it and some don't! I feel sorry for the young inexperience person I know it sounds so good but I always say if it sounds to good to be truth then is probably a scam! don't go there make a search and never pay any money with your credit card! I got burnt once and I learnt my lesson.

I have and will not invest anything into any site except my time or points/money earned from that site. That is my policy for me. I have seen many loose large amounts of money on and off line, falling for such scams because of how they are drawing people in. Nothing is worth it when there is no history of site. I tell anyone before investing into ANY SITE, RESEARCH, RESEARCH AND AGAIN RESEARCH on and off line of the site, site owners, site server, site hosting. All of it needs to be checked. Then I would still be skeptical if it is a new site. If a site isn't at least 3-5 yrs old, I will not invest even money earned from site. I have heard of others going into bad depressions and attempting same end because of scams. The less we all fall for these the less there will be .. hoping anyway..

I think recently you have seen the TV serial crime Patrol

online is like hell if you aren't careful, i don't how my phone number had leaked but now i receive spam messages right to my phone and need to contact my operator to stop all international message. making money online is true and with in this month i had earned around $50 (need to check my accounts...) which is my main target of this month and next will be $100, most of earning were from mturk and now i started to think about starting on iwriter...which looks promising.

Yeah i know this. A bad news indeed and unlucky son. I cannot digest the fact that he invested such a big amount. :o

what a tradgy. There is much scam on the internet. What we should learn is to be more cautious before any investment. The boy is a tradgy.this tells us when one mistakes, try our best to forgive instead of blaming.

If I was him,I'd be thinking before investing,because me,I will never ever invest money on a site which says,you need to invest first to earn the money..this is a BIG NO to me. That news was sad.I feel pity on that boy when I'm reading your post.