1. ‘Freedom 251’ mobile: BJP MP Kirit Somaiya dubs Ringing Bells as ‘ponzi bogus company scam’

‘Freedom 251’ mobile: BJP MP Kirit Somaiya dubs Ringing Bells as ‘ponzi bogus company scam’

Ringing Bells 'Freedom 251' mobile row: With the telecom ministry launching the 'Freedom 251' mobile phone at Rs. 251, BJP MP Kirit Somaiya on Friday levelled serious allegation against the company, saying it is a 'ponzi bogus company scam'.

By: | New Delhi | Updated: February 19, 2016 8:46 PM
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Ringing Bells ‘Freedom 251’ mobile row: BJP MP Kirit Somaiya has approached telecom ministry, TRAI, Sebi, finance ministry and RBI to check various concerns that he has on company offering mobile phone priced at Rs 251 – which is proving the world’s cheapest smartphone. (Director of Ringing Bells, Mohit Goel with CEO, Dhaarna Goel during the launch of Ringing Bells Freedom 251 mobile, in New Delhi on Wednesday. PTI)

Ringing Bells ‘Freedom 251’ mobile row: With the launch of the ‘Freedom 251’ mobile phone priced at Rs 251 turning into a controversy after its website freedom251.com crashed on first and second days days causing inconvenience to eager buyers, BJP MP Kirit Somaiya on Friday levelled serious allegations against the company, saying it is a ‘ponzi bogus company scam’.

“This is a huge scam, that is why I went through all the papers of the company. The government has informed Uttar Pradesh government to check the bonafide of the promoter. This is a Ponzi bogus company scam,” Somaiya told ANI.

The BJP MP has approached telecom ministry, telecom regulator TRAI, consumer ministry, Sebi, corporate ministry, finance ministry, RBI and state governments to check various concerns that he has on company offering mobile phone for Rs 251– which is proving to be the world’s cheapest smartphone.

Noida-based company Ringing Bells on Thursday started booking for the phone for Rs 251 and has said that delivery of all handsets will be completed by June 30.

The 3G handset, Freedom 251, features a 4-inch display, Qualcomm 1.3-GHz quad-core processor and 1 GB RAM, according to details shared by the company.

The BJP MP had earlier written a letter to IT Miniser Ravi Shankar Prasad questioning the abnormalities in the company.

Somaiya in his letter asked whether the objective and aim behind the offer had been studied. Has it been investigated if it is a collective investment scheme or a ponzi scheme, he enquired.

He also questioned the background, the financial status, the owners of Ringing Bells Pvt Ltd, saying that he was “far from convinced” with the response given by Ashok Chadha, President of Ringing Bells. Chadha, in the defence of his company and product, had said that cost was brought down due to local assembling and online marketing.

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  1. V
    Vijay Kumar
    Feb 21, 2016 at 4:24 am
    Ka khash bat hai ee mobile m
    Reply
    1. A
      amarjeet
      Feb 20, 2016 at 2:59 pm
      I want mobile 251 my no. 8950070499
      Reply
      1. A
        aditya
        Feb 19, 2016 at 4:39 pm
        Its awesome
        Reply
        1. A
          aditya
          Feb 19, 2016 at 4:40 pm
          Very nic
          Reply
          1. A
            avinash
            Feb 21, 2016 at 8:13 am
            My mobile 7875756475
            Reply
            1. A
              avinash
              Feb 21, 2016 at 8:13 am
              Palaces
              Reply
              1. B
                bablu choudhary
                Feb 21, 2016 at 1:09 pm
                no 8013099463
                Reply
                1. B
                  bishal das
                  Feb 19, 2016 at 3:40 pm
                  Plese plase my order my smart phone fredom251
                  Reply
                  1. D
                    devendra singh
                    Feb 20, 2016 at 3:16 am
                    What is your opinion? freedom 251
                    Reply
                    1. J
                      jakir hussain
                      Feb 21, 2016 at 12:26 pm
                      plz give me one smart phone ..............................................
                      Reply
                      1. I
                        Inderjeet gupta
                        Feb 19, 2016 at 4:20 pm
                        May odar freedom 251 palis
                        Reply
                        1. ñ
                          ñaseem h
                          Feb 21, 2016 at 1:20 pm
                          Khas bat hi ye mobail me.
                          Reply
                          1. ñ
                            ñaseem h
                            Feb 21, 2016 at 1:11 pm
                            Plz give me one freedam samart phone
                            Reply
                            1. ñ
                              ñaseem h
                              Feb 21, 2016 at 1:13 pm
                              Plz give me one freedam samart phone.for My lovely sister.
                              Reply
                              1. M
                                mohanraj singh
                                Feb 20, 2016 at 2:24 am
                                I am try many many times for booking this phone but not book please book my phone
                                Reply
                                1. I
                                  Ishita Rai
                                  Feb 20, 2016 at 6:01 am
                                  Its not working....
                                  Reply
                                  1. K
                                    kaneez zahra
                                    Feb 21, 2016 at 6:11 am
                                    freedom 10 8960785391
                                    Reply
                                    1. K
                                      kaneez zahra
                                      Feb 21, 2016 at 6:09 am
                                      freedom 5
                                      Reply
                                      1. K
                                        Kumar Rata
                                        Feb 20, 2016 at 3:02 am
                                        I am glad that I didn't book. I know they are not going to deliver! Now everyone know what sells in India!! you can sell anything by printing the flag and call it 'make in India' product. This application blatantly copies others 1. took the apple browser 'safari' , copied it 2. There is a por a location sharing app - Fringle . It is available on Android. Freedom251 has just copied that app and calling it a women safety app. 3. they may run in to patent issues even if they bring the handset in to the market They copy cats have to be checked.
                                        Reply
                                        1. B
                                          Basava.S
                                          Feb 19, 2016 at 11:11 pm
                                          My order 251 mobile
                                          Reply
                                          1. S
                                            sanjay
                                            Feb 20, 2016 at 7:37 am
                                            its not working.......
                                            Reply
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