LIS Deepasthambham Project
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The Case of the LIS Deepasthambham Project in Kerala
In 2006, Kerala witnessed one of its worst financial frauds—the LIS Deepasthambham Project (LISDSP). Thousands of people lost their savings to this Ponzi scheme, which led to financial devastation for many families across Kochi and beyond. Understanding how these schemes work can help protect us from falling victim to similar scams in the future. The…
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