Chits are not cheats

If chit funds could sue anyone for libel, they would get busy now. Chits are being clubbed with pyramid, money multiplier and other such schemes, by just about anyone who lets outrage run ahead of his knowledge. Of course, swindlers like the Saradha Group's Sudipta Sen should be brought to book and their political backers exposed. We should deplore people's greed and ignorance that make them entrust their hard-earned savings to ludicrously lucrative schemes.

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