Yesterday one of the rookies of CNBC AWAZ recommended to buy CASTROL and announced that it would reach 141 to 142 by day end. It was 135 at the time of announcement and suddenly it reached to 136 per share ...but after that never touched even 135 for full day. It reached by 130...CNBC is a big brand. It is not expected from CNBC to flash recommdendations by such inexperienced fellows. It has affected credibility very sad...
An act to deceit others is quite common among human beings. Most of the act of deceits are very frequent and common among us. Whether we accept it or not, we must have committed smaller or bigger frauds. An employee who claims higher amount of reimbursement of expenses from his employer than he actually incurred is a common type of fraud. There are hundreds of common frauds in today's world and some of the examples are: 1. A dishonest dealer defrauds by false balance in buying as well in selling his goods. 2. Selling low quality cloth at a higher price by misrepresenting the customers. In one of the popular Indian Hotels, a shopkeeper was selling Italian Bags for INR 10k. One of the customers purchased a ladies bag at INR 10k and after some suspicion the customer reported police that she was misrepresented by the seller that bags are imported from Italy. After investigation and interrogation it was observed by police that such bags were not imported and they were manufactured i
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