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Donkey milk biz offer leaves investors ₹100 cr poorer

The Morning Standard

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November 16, 2024

Lure of huge profits led people to pump in money

Donkey milk biz offer leaves investors ₹100 cr poorer

"WE were cheated," said one of the investors who fell prey to the promise of huge profits from a scheme that had all the elements of official sanction but left them ₹100 crore poorer.

He said when he first heard about the scheme, it sounded genuine since it was quite similar to the one launched by Gujarat Cooperative Milk Marketing Federation (GCMMF) that is now a dairy behemoth.

MEER VERHALEN VAN The Morning Standard

The Morning Standard

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