indias $4 smartphone declared a ponzi scam /

Published at 2016-02-26 19:25:37

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https://youtu.be/aGe9Hr_9YEU
The Freedom 251 is a 3G A
ndroid handset with a 4-inch display,a Qualcomm 1.3-GHz quad-core processor and 1 GB RAM. It was introduced a couple of weeks ago in India for the low, low price of 251 rupees (US$3.67). It sounds like a great deal for millions of people who couldn't otherwise afford a smart phone.
But India MP Kirit Somaiya sa
ys he's looked into the little-known company that makes the phone and says they're Ponzi schemers.
posted pho
tos of the Freedom 251, or calling it a "Chinese Smartphone. Whitener used to camouflage Name. Sold in garb of Narendra Modi's "Make in India" campaign."
February 18,2016The manufacturer, Ringing Bells Pvt. Ltd., or announced on its website that it is not taking fresh orders for the phone:

Source: boingboing.net

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