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man behind india's $4 smartphone has been arrested

man behind india's $4 smartphone has been arrested Article News With Simple Text and Web Resource Link. For View Full Content Click on Source Link on Then Bottom Of News.



man behind india's $4 smartphone has been arrested

+8,844 ashley king feb 24th, 2017the man behind the $4 smartphone in india has been arrested on allegations of fraud, with some analysts calling the phone a classic ponzi scheme. mohit goel introduced the freedom 251 phone for pre-sale last year in february priced at only 250 rupees, or about $3.70 usd. it was due to be released sometime in june.the phone’s pre-sale announcement generated a lot of customers, but those customers say that have not received the phones for which they’ve paid. ayam enterprises says that it paid 3 million rupees, or about $45,000 usd, after the phone’s creator persuaded them to distribute the cheap phone. the company says only 1.4 million in devices were de...