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February 24, 2021
Author: James Greening

Warning: United Hands Could Be a Pyramid Scheme

United Hands (unitedhandsindia.com) seems to display all the classic signs of a pyramid scheme. They are promising high income in a short time by 'investing' an amount of ₹1,000 and inviting others to do the same. Investment schemes that do not generate profit through a tangible product or service fall under the category of fraudulent schemes, namely pyramid schemes.

Such schemes are illegal and are bound to collapse when no new people join, leaving a majority of investors with losses.

We advise avoiding an investment with United Hands, as the scheme is likely to be illegal and unsustainable.

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Image source: Wikipedia

For more information about Pyramid schemes, read the following articles:

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