Thursday, October 13, 2011

Fraud Case Against Panoramic Universal Ltd.

AppId is over the quota
AppId is over the quota

I was a keen observer right from my school days. I search for maximum information about anything that comes across me. Be it a book, motor cycle, grocery items or any company. I didn't know that such behaviour of my will be irritating for some one. It happened when one of my friends came to me and said that he is planning to purchase a air conditioner from a company. I searched for it online and found all relevant information about the company's AC. Many of those were negative comments which I showed it to my friend. He felt frustrated as he had already booked the air conditioner. I thought of sharing it with him which backfired leaving him completely irritating.
It was after this incident I thought never to share directly with people such things. Its better I start writing and pasting it online. The reason I'm writing this article was coz I wanted to share such things about an investment scheme. Investment schemes can drive you crazy both ways. If it gives you more than you expected then it is good one and if the same scheme gave u less or at least what you expected then the scheme is not worth investing. I found a scheme with benefits everyone would like to have and there is no expectations about the returns. Yes, you read it right, investment without expecting returns. I'm talking about Pancard club investment scheme from Panoramic Universal Ltd. The company floated the scheme around 1996 but was caught in controversy because of some fraud complaints. Yes, I say fraud complaints because of two reasons. One, the company has not yet been legally prosecuted. Second, the member who complained against the company didn't wait enough to know the result of the law-suit filed against the company.
The company is still running this scheme where people are investing and enjoying its benefits. The schemes are all about investing your amount with the company and attain certain rights to enjoy your accommodations at their hotels for free. One could argue why spend and stay in hotel without any reason. The reason is that on your holidays you tend to book hotels which will be more costly as the years go by. By investing in Pancard Club investment scheme of Panoramic Universal Ltd. you can enjoy your holidays without spending any additional rupee on accommodation. Now, you know how beneficial the scheme is for you. The company has been building hotels and resorts at various tourist places. They have their hotels in Goa, Karnala, Thane, Pune, Mysore, Shirdi, Kerala and Malvan.
Panoramic Universal Ltd. has hotels in USA and New-Zealand too. They have not included these hotels in to these schemes. The company uses the Investment amount from the members to construct more hotels and resorts at many more places. They are also providing their members benefits like life insurance, medi-claim and accidental death insurance policy. They also provide certain discount coupons for their members for the other products developed by them.

Cowessess wayna writes about traveling and Budget hotels with premium services of Panoramic Universal Ltd
she focuses on holidays/vacation rentals with savings.


SOURCE : http://goarticles.com/article/Fraud-Case-Against-Panoramic-Universal-Ltd/5486640/

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