Royal Indian Raj Scam
They will tell you they are victims of evil people. They will tell you that what the international media has written about them is all lies. They will look you in the eye and talk about God and charity, even as they steal your money. They will make every ridiculous excuse for why they haven’t built anything in 10 years in business, after collecting over $16Million from investors and customers … Don’t get suckered. They’ve already stolen millions and fooled celebrities and high powered companies into thinking they are savvy businessmen. Remember that “CONMAN” is short for “Confidence Man”; and that is exactly what Manoj Benjamin and Ravi Benjamin learned from their father Collins Benjamin. Make no mistake, these three charming charlatans are morally bankrupt. Slick and polished, and sociopathic in their lust for stealing money, they will tell you anything to satiate that next greed fix.
Royal Indian Sham Site:
http://www.royalindiansham.com
November 13th, 2009 at 1:39 am
I got suckered into RIRIC scam. I invested 50K and not sure how I can get my money back. Meanwhile, these cheats are promising more on thier websites. How to stop these ponzi schemes?
December 22nd, 2009 at 4:16 pm
Sorry to hear of your plight, Naren. Other investors and customers are suing the involved corporations and associated individuals as it is rumored that the Royal Garden Villas land in Bangalore India, which mysteriously ended up in the personal name of Collins Benjamin, is worth substantial funds. If found guilty of the charges levied against him by Karnataka police the land may be seized.
Links to more info on the above:
http://www.consumercomplaints.in/complaints/royal-garden-city-enterprises-ltd-bangalore-india-c305372.html
http://www.consumercomplaints.in/complaints/collins-benjamin-royal-garden-city-enterprises-bangalore-india-c305373.html
http://www.consumercomplaints.in/complaints/royal-garden-city-enterprises-bangalore-india-c305374.html
Court Orders against Royal Indian Raj and (a few of many) International Newspaper/Magazine Exposure:
Financial Institutions Commission orders Cease Marketing Order Against RIRIC :
http://www.fic.gov.bc.ca/pdf/enforcement/restate/redma20090313.pdf
British Columbia Securities Commission Investigation:
http://royalindiansham.com/BCSC-Summons.php
http://www.canada.com/vancouversun/news/business/story.html?id=636d74b6-8f89-49cc-a816-f7edef61d3ec
Excerpt: “The superintendent of bankruptcy’s office was so disturbed with his business dealings that they referred the matter to RCMP for investigation. Halifax police also started their own investigation, and the Crown eventually charged him with two counts of defrauding investors.”
Invest Right Investor Alert: Beware of investment ploys touting foreign direct investments in India:
http://www.investright.org/alerts.aspx?id=169
Canadian Business Magazine – All About The Benjamins:
http://www.canadianbusiness.com/managing/strategy/article.jsp?content=20080929_198710_198710
Jack Nicklaus Withdraws Services:
http://www.nicklaus.com/nicklaus_news/news112608.php