Agency: total of 28 complaints has now been filed against Sandeep Rai Chamling of PandoraBiz with regard to his ‘SRC Mentorship Plans’ in the Competition and Consumer Affairs Authority (CCAA). This is up from 4 complaints last week, and various issues as detailed in two investigative stories by The Bhutanese last week.
The complainants largely want their refunds of various amounts back for promised mentorship of earning crypto currency and trading which they say never materialized and so they lost their money.
The amount is around Nu 160,000 in membership fees paid by them.
The complaints
The Bhutanese talked to some of these complainants or victims.
A victim, Rinzin, said, “First he took Nu 2,777 and after that he did not teach anything he told he would teach us, and he also did not reply to our chats after we paid the money.”
Nidup said he has been scammed by PandoraBiz under the pretense of providing crypto trading mentorship.
Nidup stated, “I came across this person through social media, and also got calls from their office time and again. They offered a last time mentorship program in crypto trading and requested payment of Nu 6,262 before starting the session. However, after receiving the payment, instead of delivering the promised training or mentorship, the person verbally scolded and insulted me when I tried to seek guidance. No mentorship or educational service was ever provided.”
He further added, “I believe this person (Sandeep) is intentionally deceiving people through false promises of mentorship to scam money.”
Nidup has asked CCAA to investigate this matter and take necessary action against the individual involved, and to help him recover the amount he paid, and prevent further victims from being scammed by Sandeep.
Another victim, Karma said she deposited Nu 6,262 but she now wants a refund. She said she wants the refund because it is her hard earned money. She said Sandeep has even claimed he can teach illiterate people to trade in crpto currency.
She said, “Out of 800 mentees, forget about mentees of previous batches, we could only see 1 or 2 individuals who were making a profit.”
She added, “At first, he said we can trade with our simple smartphones but later he suggested us to buy King Kong tab from his stock for better trading view since the mobile is not quite comfortable.”
Karma said that Sandeep also never gave them the promised 10 USDT equivalent to USD 10.
Another victim, Wangdi, said he was in the July batch of this year and paid a sum of Nu 6,262 but he wants a full refund of the amount he paid.