I was lured into a money circulation scheme in Erode, how do I get my money back?

Detailed Legal Analysis

Money circulation schemes are illegal under Tamil Nadu Rent Control Act 1960 and actionable both criminally and civilly in Erode. The Madras High Court has held that victims can approach the consumer commission for recovery despite the scheme's illegality.

You must file a police complaint for cheating and a consumer complaint for deficiency in service. The Madras High Court has clarified that promoters of such schemes are personally liable for refunds.

Under Tamil Nadu Rent Control Act 1960, the commission can attach the promoter's property and direct restitution. In Erode, you should act quickly as delay may weaken your claim and the promoter may dispose of assets.