Grief-striken People

What is common among all Indians? In other words, what is it that all Indians do, they save money for uncertainties of future. How do they invest it? There are variations in that. In the southern part of India small entrepreneurs start small enterprises. In the western most states, cooperatives had worked out well. In few states banks have reached the all of rural and urban population; banks give people loans to start industries. In the Eastern state of Bengal, the hardworking people saved their money and deposited in financial organisations which were not banks. The credulous people innocently believed that they would get large returns. But these institutions were run by frauds that had cheated the poor people. They had announced bankruptcy and they poor people lost their money. They are asking their leader to help them as they have been cheated completely. Lakhs and lakhs of families belonging to lower strata have been affected. In tears, they are asking for justice. What can be done now?Embezzlement of huge funds has caused much grief to the poor masses. These non-bank finance companies will be probed into.A regulatory body will be made. We must find a way to stop fraudulent schemes. People themselves have to become informed investors and they should not be so gullible.