Is Freedom 251 Is A Scam Or Something Fraud ?
It’s almost 12 hours since the launch of what promises to be the most controversial phone in the world this year, and we’re as confused as everyone else. Nothing adds up about the Rs. 251 phone, not even the price tag. Many people are questioning about the ”cheapest phone of India” that Is this phone is a scam or not. No one wants to become fool with a fraud even if its of only 250 bucks. Before we will show you some facts about why Freedom 251 seems to be a scam. Here are some words you should know – ”Make Fool = Make Profit… This is how business done… !”
Reasons Why Freedom 251 Is A Scam
There’s whitener used to cover up the real logo
Why you getting so cheaper than the phone. The logo of the phone Freedom 251 is covered up by the use of a whitener. Really that is so weird. It’s apparently a product of Adcom, a company known for Chinese re-branded phones.
You can buy half the phone, apparently
These guys have redefined EMIs and half-off – just buy half the phone?
Why Freedom251.com website is closed
The much-hyped launch of the world’s cheapest smartphone was thrown into disarray on Thursday as a mad rush to book the device caused the firm’s website to crash within few hours of opening, besides utter chaos at the company’s Noida head office.
To understand the magnitude of the kind of craze it generated, sample this: Ringing Bells said it was received 600,000 hits per second on its website! For comparison, search engine giant Google processes an estimated 40,000 search requests per second.
They booked full page ads, but can’t handle one second of internet traffic.
Orders opened at 6 AM today. At 6.01 AM, the site was offline for most, who took to Twitter to whine and outrage. Such server stupidity, for a budget phone, for a country with the size and cheapest-first greediness of India is unprecedented.
It’s too blatant an Apple copy
There’s no creative inspiration here – the company has reportedly straight up lifted icons (including the web browser, calculator, camera and email) from Apple’s iOS. if Apple sues, you can say goodbye to your budget phone dreams.
For that matter, even the site has something suspicious about it – as explained by this dude
Ashok Chadha, president at Ringing Bells, tried to explain the so-called business model of a phone that seems to be retailing at a loss. For one, there’s no government subsidy at play here. Despite a manufacturing cost of Rs. 2500, Chadha claimed “economies of scale”. In his words: “If you look at the Indian market, it is at 2-crore units a month. If you take 30 per cent of that, then you achieve economies of scale. Because of this economies of scale, we reduce the cost of the phone by around Rs.500.”
Then, there’s duty exemptions. “First, we reduce around Rs.400 on the Rs.2,500 price by getting a duty exemption.”
And to top it all off, Ringing Bills is trying to beat India’s leading e-commerce sites. “Many players want to use our e-commerce platform to sell their products, so we make up the remaining Rs.700-800.”
And the funny part is
What has escaped the attention of most people in all the excitement that the news generated is the largely humble background of the company’s founder Mohit Goel.
Mr. Goel used to sit in his father’s small grocery shop in Shamli district of Uttar Pradesh till a few years ago.
Why is the company under excise, I-T departments’ scanner?
According to the sources, the I-T Department is looking into the financial structure of the Noida-based company and have obtained documents, including those from the Registrar of Companies (RoC), in this regard.
“Yes, there was a visit from excise department and I-T Department. Since we are planning to achieve milestones under Make in India, Skill India and Startup India. They issued us some guidelines for future and extended full support and cooperation,” Ringing Bells president Ashok Chaddha said in a statement to PTI.
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