"phonearena" declare : The founder of the $4 smartphone firm has been arrested for fraud

Unfortunately for them, Mohit Goel, the founder of Ringing Bells, the device's maker, was recently arrested on allegations of fraud. A handset dealer ordered devices amounting to 3 million Indian rupees ($45,000), but reportedly received only a small amount of the order. The incident which prompted the arrest was the result of an unfulfilled order, according to the police. Goel has been detained for interrogation, and an investigation on the matter is underway. While it certainly did not excel in the specs department, its extremely low price made it pretty attractive, particularly to low-income parts of the country.


as mentioned in There is little doubt that the Freedom 251 smartphone from Indian manufacturer Ringing Bells, priced at about $4, was a scam. According to distributor Ayam Enterprises, Ringing Bells founder, Mohit Goel convinced them to pay Rs. Ringing Bells has yet to come clean about the pre-orders from last year, and what happened to the cheap smartphone that was reportedly delivered to some buyers. The firm, however, delivered devices worth less than half of that amount to the distributor. Now, the company's founder has been arrested for defrauding distributors of the cheap smartphone.


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collected by :Andro Alex