{"id":196,"date":"2023-05-17T07:51:49","date_gmt":"2023-05-17T07:51:49","guid":{"rendered":"https:\/\/ecommercewala.org\/learn\/?p=196"},"modified":"2023-06-22T09:01:53","modified_gmt":"2023-06-22T09:01:53","slug":"lessons-from-the-double-shah-scandal-on-the-danger-of-greed","status":"publish","type":"post","link":"https:\/\/ecommercewala.org\/learn\/lessons-from-the-double-shah-scandal-on-the-danger-of-greed\/","title":{"rendered":"Lessons from the Double Shah Scandal on the Danger of Greed\ud83d\udca5\ud83d\udcb8"},"content":{"rendered":"<div class=\"youtube-embed\" data-video_id=\"KcVGEfIjkYA\"><iframe loading=\"lazy\" title=\"The Danger of Greed: Lessons from the Double Shah Scandal\ud83d\udca5\ud83d\udcb8\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/KcVGEfIjkYA?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/div>\n<p><span style=\"font-weight: 400;\">\ud83d\udc49 In this video, we&#8217;ll discuss the common intellectual and the power of decision-making in people. For understanding that we&#8217;ll discuss a person named Syed Sibt ul Hassan Shah who&#8217;s also known as &#8216;Double Shah&#8217; in Pakistan. \ud83e\udd14\ud83d\udcad<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udc49 He has been declared the biggest fraud in the history of Pakistan as he has looted the people by defrauding Arabs of rupees. \ud83d\udcb8\ud83d\udcb0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udc49 Here&#8217;s the witnessed story shared by @usman Chughtai about one of his friends who got trapped in the scheme of &#8216;Double Shah&#8217;. \ud83d\udcd6\ud83d\udc40<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udc49 The &#8216;Double Shah&#8217; story starts in approximately 2004 in the village of Sialkot where a person comes from Dubai and runs a scheme that whoever deposits the cash to him he will double that amount and return to them in the period of 30 days. \ud83d\udcb0\ud83d\udcb0\ud83d\udcc5<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udc49 Now what&#8217;s the point of telling this story? The point is when there is extreme hype for any project, that means that project is going to sink. The same is the thing with property dealers they create hype for their plots by running fake ads and kept on selling and buying the same plot again and again with the new parties exactly that Double Shah did. \ud83d\udd0d\ud83e\udd14<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udc49 Wherever there&#8217;s greed, business like these will be kept on running. So now you have to understand the trap of the property dealers and understand what is this asset building benefiting our country. What commodities are being produced? \ud83e\udd14\ud83c\udfd8\ufe0f\ud83d\udcb0\ud83c\udfed<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udc49 The best possible option is to build small industries of various things like surgical, sports equipment, sports clothes, dental instruments, leather jackets, leather wallets, and also of those things that we import from other countries, we should build all those industries in our homeland to lessen our imports. \ud83c\udfed\ud83d\udc68\u200d\ud83d\udd2c\ud83e\uddea\ud83d\udc69\u200d\ud83c\udfed\ud83d\udc68\u200d\ud83c\udfed<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udc49 We have to stop looking for Double Shahs in our lives that will get our money double by doing nothing and start working smart towards adding value for our generations by building brands and selling services. Also, start investing in many startups and decide your profit with the one you invested with that if your business grew, you&#8217;ll give me this percentage of the profit. \ud83e\udd1d\ud83d\udcbc\ud83d\udcb0\ud83d\udcb5<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udc49 So now, we have to build agencies with seed funding and hard work instead of opting ways for shortcuts. \ud83d\udcaa\ud83c\udfed\ud83c\udf31<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Syed Sibt ul Hassan Shah who&#8217;s also known as &#8216;Double Shah&#8217; in Pakistan.<\/p>\n","protected":false},"author":2,"featured_media":308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[77,78,76,79],"class_list":{"0":"post-196","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-social-issues","8":"tag-commodities","9":"tag-decisionmaking","10":"tag-fraud","11":"tag-greed"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.8 (Yoast SEO v22.3) - 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