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Cases / Agriculture & cattle

Susi Emu Farms

M.S. Guru

ReportedOct 1, 2012
LocationIndia
Amount$50,000,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
Susi Emu Farms
Industry
Emu farming (raise-an-emu-chick investment plans)
How investors were recruited
Mass advertising featuring popular Indian film stars; word of mouth spread it across India.
Pitch & red flags
promised investors would "double their investment within two years" and "a steady stream of income in return for raising an Emu chick"; later "VIP" plan where the company raised the bird

Pitch phrases from this case

Source

ponzitracker.com

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