I also approached this company. I feel the same about this company by the way they dealt with us. We need to pay 200000 for the machine and they want us to wait for 46 days to get the machine in buy back offfer. Please update if you are finding anything suspicious about this company.
Guys.. There are a lot of Fraudulent companies out there duping Innocent Gullible people. The best company that i know in Chennai which sells high quality Paper cup machines on time is GMKV Enterprises, Avadi, Chennai. Please contact the Director Mr. Shiva (+919884091975) and give your Reference as Shaji which is me. He'll be of great help to all. All the Best.
Businessman held for 1 crore fraud
TNN Sep 7, 2012, 07.34AM IST
CHENNAI: A businessman who defrauded more than 70 depositors of more than 1 crore after claiming that he would procure paper cup making machines from China for them was arrested on Wednesday.
Police said Jaffar Saddiq Basha of Velan Nagar, who ran the Sunshine Business Group at Alwarthirunagar, took out advertisements in newspapers and on the web claiming to procure paper cup making machines at a cheaper price. Orders began pouring in and he took 2 lakh each from several traders in Tamil Nadu, Andhra Pradesh, Kerala and Karnataka . He told them he had visited several parts of China and struck a deal with a few businessmen in that country who promised to give him the machines at a discounted price.
However, when Basha neither returned the money nor got them the machines, some traders lodged a complaint with city police commissioner J K Tripathy.
Basha was nabbed at Alwarthirunagar . Police said Jaffer earlier ran a firm called 'Hairoonthai' and used a similar modus operandi to cheat several people before renaming the company "Sunshine Business Group" to evade being caught.