Sunday, June 26, 2022

Beware! IFFCO warns against fraud entities offering fertilizers franchises

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New Delhi: Indian Farmers Fertiliser Cooperative (IIFCO), a multi-state cooperative society, on Thursday issued a warning for the general public against fraud entities offering fertilizers franchises. In a statement, IFFCO said, "It has come to our notice that some unscrupulous elements are actively operating in various parts of the country in the name and style of 'Fertilizers Frenchie' on the internet and other social media platform and falsely claiming that to be a Branch of IFFCO, are dishonestly and fraudulently offering fertilizer dealership and or franchise to the General Public."

"They are seeking applications from the unsuspecting and gullible general public, and especially trying to lure unemployed youth," it added.

"In the guise of giving fertiliser dealership/ franchise, they are collecting huge amounts from the susceptible general public as licence fee, deposit and booking for the supply of fertiliser, etc," IFFCO said.

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IFFCO made it clear that it has no connection, whatsoever, with such persons/ entities. "They are committing fraud and deceiving general public by mischievously using IFFCO''s name."

The general public is advised to be more vigilant and not to fall prey to such misleading advertisements appearing on the internet and other social media platform. Any person/ entity dealing with them shall be doing so at their own risk and cost. IFFCO shall have no responsibility. However, IFFCO is taking legal action against such entities, it added.

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