Double Shah
the term originated in pakistan after a man named sibtul shah tricked 18 commoners into investing their hard earned money into a ‘scheme’. sibtul shah acc-mulated rupees (pkr) 70 billion or (almost usd 1 billion) over a period of 18 months. he was later arrested.
a double shah is one who lures you to invest money in a ponzi \ pyramid scheme with an unflinching promise of unusually high return on investment.
a double shah takes your money on the pretext of doubling or in some cases tripling your money before handing it down to you. a double shah promises abnormally high returns and may produce people from your neighborhood, acquaintances, workplace to enamor you into thinking that investment in the ‘scheme’ is a viable option.
shah: you should consider buying these utility bonds from me at a discounted price today and after five months there value will quadruple! you may sell it afterward.
raj: nay, you sound more like a double shah. i won’t make the same mistake twice.
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