COMMON SENSE SIMPLIFIED: BLACK BANKS

COMMON SENSE SIMPLIFIED: BLACK BANKS:


All in all, thousands of such cases of fraud accounts and irrational bank loans (to real estate dealers) in exchange of a fixed percentage by bank officials are overlooked and most of the time never gets unearthed! Bank loans against and for bogus property and assets are the fastest and most convenient way of swindling money. In such case neither the money received by the bank officials nor money received by the recipient are accountable. And above all, this money is not of anyone else but millions of middle class families who keep their money as savings in banks. If one goes by the sheer intensity if such cases one can easily find a mini Swiss Bank in each city of India!

Read more: http://prasoonsmajumdar.blogspot.in/2012/02/black-banks.html