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Kerala First Indian State to Set Guidelines For MLM firms

Written by Ak Sharma
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New Delhi (mlmnewsblog): Kerala Became first Indian state to set guidelines for MLM firms. All this came after series of MLM scams happened in Kerala. Gullible people lost to the tune of thousands of crore in MLM investment schemes. In one such MLM scam, a company called Tycoon Empire International scammed is said to be around around Rs.1000 crore. After such scams, Kerala Chief Secretary led a committee and probed the activities of multilevel marketing agencies.

The New Guidelines for MLM companies:-

Kerala First Indian State to Set Guidelines For MLM firms

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3 Comments

  • i want to know how to get back my invested money from tycoons empire
    international ltd. i lossed my huge mony by tycoons , nobody giveing me any answer about that company what we do, dont know, any body will talk with us regarding this plz call 8295595960

  • i want to know how to get back my invested money from tycoons empire international ltd. is there is any procedure to get back money because our team leaders from nashik doesnt reply us.

  • ITS A VERY GOOD EFFORTS BY KERLA GOVT. EVERY STATE SHOULD TAKE ACTION LIKE THAT, BUT MY OPINION IS WHEN SOMEONE GO REGISTRATION LIKE THAT GOVT. SHOULD HARD RULES FOR REGISTER A COMPANY, ACTUALLY REGISTRATION IS VERY EASY IN OUR COUNTRY.
    I THINK THIS IS FIRST STAP TO PREVENT THE FROUD COMPANY.