PPRuNe Forums - View Single Post - Millennium Airlines (Irish International Airlines) - Is it a con?
Old 5th Feb 2002, 00:12
  #16 (permalink)  
theRolfe2
 
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A Quote from their website for those who can't face the god-awful intro:

In order to start operating in business, the company needs an initial minimum capital to buy aircrafts and for complete organisation of personnel and the necessary means: Millennium Airlines shares are on sale with a nominal value of 50.00 € each, to a total amount of 100,000,000.00 €. Every purchase order will arrive at one of the most important Irish Bank, which will issue the shares to guarantee your capital until the airline starts business.

All capital will be managed and guaranteed by this. .bank until that moment, at 10% annual interest. . .If, after a year, you should wish to sell the shares, the Bank shall buy, at the current market. .price,but never at an inferior value to that of the original investment. . . So with maximum clearness and serioussness, with. .a great deal of security for a capital investment, we believe that our offer will prove to be very interesting, as well as original in its execution.

"very interesting" is an understatement!

Anyone who claims that a bank will offer a guaranteed return of 10% on a 1 year cash deposit is either deluded or a crook...

If you're looking for a job you might try:

<a href="http://www.millennium-airways.com/" target="_blank">http://www.millennium-airways.com/</a>

Yes, it's a virtual airline but it's probably more real than "Millennium Airlines..."

theRolfe

[ 04 February 2002: Message edited by: theRolfe2 ]</p>
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