MLM News Speak Asia speakasia latest news

Speak Asia can withdraw surveys anytime, says its legal advisor

Rate this news...

Senior lawyer Ashok Saraogi has said that since Speak Asia is offering reward points for filling up surveys as an additional benefit, it can withdraw these if its contracts with its clients ends. Notably, not a single official from Speak Asia was present during the press conference called by its legal advisor in Mumbai.

What we understand from this statement is, the money(Rs.11000) panelist paid to Speak Asia was for the subscription of monthly e-magazine called ” Surveys Today”. Speak Asia has also said that anytime they can stop sending surveys to the panelist as it is an additional benefit given by the company and there is no refund policy.

Most people who are working with Speak Asia as panelist think that Rs.11,000 they paid to the company was for the 52 surveys and by the end of 52 weeks by filling surveys they will make Rs.52,000. COO Tarak Bajpai of Speak Asia, in a recent video message was conveying to the panelist that do not use “Investment” word during the presentation. Company in a way also saying that the word “investment” might have been used by some networker for their own greed to generate more sales, but that is non of Speak Asia responsibility.

Investigating agencies are questioning the management of Speak Asia, but due to the intricacies involved, Speak Asia might be able to get over the hook. The real question is why Speak Asians are quit, they too have a version of Speak Asia. Panelist must be called by the investigating agencies and both should be put on cross-questioning to know the truth. A coin has two sides, then there might be two versions of Speak Asia, one by the management and another by the panelist.

As per legality, no one can file an FIR against Speak Asia because Speak Asia Online is not registered in India. There is no provision in the Indian law to initiate action against the foreign entity. At the end of investigation, due to the loop holes in the law, the management of Speak Asia might come out clean, and in future if they decide to shut down their survey operation in India, there won’t be anyone to stop them. The real loser here will be lakhs of people, who knowingly or unknowingly invested hard-earned money with Speak Asia.

Speak Asians your uplines are just like you, it’s not the time to blame each other but to take a collective decision & better to share the truth with everyone.

Every Speak Asian want the company to survive, but at what cost?

Read the recent article covered by MoneyLife.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 151 other subscribers

Leave a Reply

6 Comments

  • SOME TIMES I WONDER INDIVIDUALS WHOM COMMIT CRIMES BE IT ANY THING WRONG. DO NOT THEY RELEASE THAT ABOVE THEM THERE IS SOME ‘1’ SUPREME, THAT IS ‘GOD’ WHOM SEE’S UPON US ALL GOOD & BAD. THE GOOD ARE REWARDED & I DO NOT MEAN MATERIALIST – IT MORE TO REST IN THE HOME OF GOD WHEN ARE DIE AND THE BAD OF COURSE ARE PUNISHED. AND WHEN I SAY PUNISHED I MEAN PUNISHED FOR ETERNITY IN THE REALMS OF HELL !!!

    AND BEING IN HELL I AM SURE IS NOT GOING TO BE GOOD SIGHT AT ALL. AND WHEN ITS ETERNITY THATS FOR EVER !!!

    SO MY MESSAGE TO ALL INDIVIDUALS WHOM ARE DOING THESE WRONG THINGS BY SCAMMING PEOPLE WITH THEIR HARD EARNED MONEY, AS FOR ME I WORK REALLY HARD TO EARN MY LIVING SO WHEN SOME THING HAPPENS LIKE THIS TO ME I CAN UNDERSTAND OTHERS FEELINGS !!!

    I ALSO WONDER THE PEOPLE/ BRAINS BEHIND SCAMS HOW CAN THEY SLEEP AT NIGHT KNOWING THAT THE MONEY THEY HAVE IN THEIR POCKETS IS NOT THEIRS AND HAS NOT BEEN EARNED BY THEM WITH THEIR SWEAT & BLOOD. I MEAN HOW CAN THEY SLEEP AT NIGHT – EAT THEIR FOOD – FEED THEIR FAMILY ETC.

    ITS LIKE YUCK !!!!

    REQUEST TO SUCH INDIVIDUALS, TURN AWAY FROM YOUR WRONGS BEFORE ITS TOO – TOO LATE. OTHER WISE HELL IS WHERE ONE WILL END UP AND ONE’S SINS LAND UP ON THE HEADS OF THEIR FAMILY MEMBERS IN COURSE OF TIME. AND THIS VICITIOUS CYCLE WILL GO ON & ON FROM GENERATION TO GENERATION.

  •  Dear ML, i quote from your above memo:

    “Most people who are working with Speak Asia as panelist think that Rs.11,000 they paid to the company was for the 52 surveys and by the end of 52 weeks by filling surveys they will make Rs.52,000. COO Tarak Bajpai of Speak Asia, in a recent video message was conveying to the panelist that do not use “Investment” word during the presentation. Company in a way also saying that the word “investment” might have been used by some networker for their own greed to generate more sales, but that is non of Speak Asia responsibility.”

    But if we visit their web site I also the following written message:

    “Whereas, as a premium panelist you can earn 20 reward points every week (1040 reward points in a year) for surveys and other activities completed.”

    1040 / 20 = 52 weeks ??

     

  • Thanks MLM NEWS BLOG for aware people about MLM & very thanks for provide real news to us because of this news many people stop this fullish business & it’s warning  for such fraud investment company 
    don’t believe investment which show more profit company only believe our self 

    • u r really grt bro, hence u r a normalllllllllllll. think like business man, or do ur job kamlyyyyyyyyyyyyyy.

  •  DEAR NONSENSE PEOPLE CAN COMMENT LIKE THIS GIVE ME YOUR CONTACT NO OR WHERE DID YOU GET THE NEWS AND I WARN YOU DONT COMMENT LIKE THIS NONSENCE
    BANGALORE TEAM 
    PROUD TO BE SPEAK ASIAN

  •  DEAR NONSENSE PEOPLE CAN COMMENT LIKE THIS GIVE ME YOUR CONTACT NO OR WHERE DID YOU GET THE NEWS AND I WARN YOU DONT COMMENT LIKE THIS NONSENCE
    BANGALORE TEAM 
    PROUD TO BE SPEAK ASIAN