Variety

&lt;p id=&quot;p_1&quot;&gt;&lt;iframe src=&quot;https://www.youtube.com/embed/gNCnfep7YwA&quot; width=&quot;690&quot; height=&quot;500&quot; frameborder=&quot;0&quot; allowfullscreen=&quot;true&quot;&gt;&lt;/iframe&gt;&lt;/p&gt;&lt;p id=&quot;p_2&quot;&gt;&lt;strong&gt;Also read - Freedom 251 rings of a marketing fraud&lt;/strong&gt;&lt;/p&gt;&lt;p id=&quot;p_3&quot;&gt;On January 17, the Indian mobile phone industry was shaken by the news of the unveiling of a phone that is so cheap that even the Indian Cellular Association has said it is impossible.&lt;/p&gt;&lt;p id=&quot;p_4&quot;&gt;Ringing Bells launched Freedom 251, a smartphone, priced at Rs 251 (around $4). The executives tried in vain to elucidate how and why they have set the price at Rs 251, even though the actual price of the phone is around Rs 2,500.&lt;/p&gt;&lt;p id=&quot;p_5&quot;&gt;Read more &lt;span style=&quot;color: #0000ff;&quot;&gt;&lt;a style=&quot;color: #0000ff;&quot; href=&quot;http://www.dailyo.in/technology/ringing-bells-freedom-251-smartphone-android-lollipop-aakash-tablet/story/1/9077.html&quot; target=&quot;_blank&quot;&gt;here&lt;/a&gt;&lt;/span&gt;.&lt;/p&gt;

Why Ringing Bells CEO of Freedom 251 is in trouble

Mohit Goel was quizzed for two days by the enforcement directorate.

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