Heaps of inactive money, a curse to the society
Cyber crime is not something what we hear occasionally these days. Cyber crimes are increasing everyday in different parts of the globe.
Especially from certain parts of Nigeria and Amsterdam the amount of bad men involved in this computer crime activates are found to be abundant. They claim to possess hefty money and gold under their custody in security companies and would well want to get them released through you, due to their miserable plight at present. The story is made in such a splendid way that one would seriously appreciate the ways they have made their requests and proposals.
Moreover you will find a standard address of the security company, logo with papers and documents and credentials about the consignment in stake, everything else is produced in front of you. They give reliable telephone numbers to contact as well. All these fool proof evidences suggest that people certainly take risks to a certain extent in greed of availing some free money as part of the deal or commission. Lot of people have fallen victim to such a sort of Nigerian mail frauds in the recent past.
Drug courts are separately there intended to reduced the drug crimes and cut down the drug traffic. But how far they have done their part effectively is a challenging question. Amway is there in the market for almost 52 years. Their main way of progression is through the pyramid schemes, the multi level marketing plans. But same concept is wrongly utilized by thousands of companies all around the globe. Passing clouds gone past swindling enough amount of money. White collar crimes are no less as so many bank frauds have a strong correlation with them. Wire fraud and welfare fraud are not to be considered easy as well.
They swipe of huge amounts of money in no time. Wire frauds are to the tunes of billions and no less that that. 2G spectrum wire fraud is a good example for that. Where all these money do goes. The amount of money that lays idle in the Switzerland banks is something that is a curse to the whole mankind. There is no utility for this huge sum of money. Fundamental laws of finance and economics say that the real value for money just lies in its exchange.
Whereas in contrary to that when money is piled up like this in few particular destinations like this, without any use to anyone, there will always be a great imbalance in the society of the mankind.