Re:Show HN: Coinwell - the easiest way to mine litecoins
by faizanaziz on Tuesday January 14, 2014 @12:11PM
(#7058182)
India has very strict laws about corporate fraud. If you do find that the URL ceases to exist you can put a case on the company with the LLPIN mentioned, even the name is enough. That will cause India to cease the funds and arrest all directors and put them on bail.
Its not that easy to do fraud in India and run away. India is not South Africa, Soviet Union or Middle East. The GDP of India is 1.84 trillion USD. Many companies want to invest in India, especially companies like Walmart, Starbucks and so on.
India has car assembly units of Toyota, Nissan, Renault, Honda, Maruti, Huyndai and many more each costing about 1 billion USD. That type of investment does not come if your country allows easy corporate fraud.
I know the workings on the countries I have some type of investment (Europe and North America). They are mature, known to work well for ages. Nothing I know about India, or Africa, or former Soviet Republics, or Middle East, or some countries un South America and Asia. I simply don't trust, because if I lose, I lose most of what I own. I have lots to lose, because what I would lose is all I have. I require confidence.