HI! ABOVE POST SOUNDS REALISTIC BUT I WONDER WITH ALL THE ADS & PROMOTIONS THAT SPEAK ASIA IS DOING THESE DAYS IN THE NEWS PAPERS LIKE HT & TOI + NOT TO FORGET THE ILS MATCHES. I MEAN WOULD’NT IT BE LEGAL?
Speak asia: e Survey companies joining fees is Rs. 11000/- They said they give u yearly survey income upto 52000/- (per week 1000/- per survey) Now ask one question, if company gets example 12 lakhs customer, Then total company turnover goes upto 1320,00,00,000/- (1320 Crores) In a year they have to give per member survey income means 12,00,000/- X 52,000 (per member one year 52 weeks) = 6240,00,00,000/- (6240 Crores)
Which client give this 4920,00,00,000/- (4920 crores)……..to your survey company..?
How companies afford this?
AB TOH JAG JAO,,,,, ALL SURVEY COMPANIES ARE FAKE, BEWARE PEOPLES
Above msg put pretty well but a question from my side the various FM CG companies that are supposed to be putting forth their surveys through Speak Asia I am sure are also paying them huge amts in order for gather their survey results. So the money that speak asia pays to its members is not only the money got from the memberships. conducting surveys is a form of advertising and as aware that ads from branded companies on tv other forms of media pay huge amts to be printed or telecaste. so its from this amt that companies pay speak asia that speak asia shares with its member and whihc I am sure is peanuts per member.
from the beginning saol declare they r not treat it as money circulation system.saol has no plan to payout ur money by turnover.they contract to branded company with survey.
Dont Join Speakasiaonline.com. Recently a case has been registered against company in Chandigarh & after few days hopefully the case will be escalated to RBI for scrutiny of ” How can the speakasiaonline pay Indians in Dollar without getting registered in India”. So its just a matter of few days & then company will be forced to stop its operations in India. Invest only if you want to lose your money.
Always remember money doesnt come as easy as filling surveys especially in these tough market conditions when getting a job is very difficult. So be safe & do hardwork to earn money.
The funds are been transferred internationally so every time u withdraw you need to pay $20 as international bank wire fees and also the permission from RBI. So its more clear that the money once u paid will not be received again.
Beware of Greediness it will make you to loose what u earned.
I am glad someone has taken the time out to write a report on the scam business. Unfortunately, they are targeting people in countries like India and Bangladesh, where they know they can scam away as much as they can with the lure of “free” money and take advantage of the system. Also, unfortunately, they target people who are gullible and don’t ask the right questions.
This is no different from a pyramid scheme that you might have seen in the west. Google Amway or Quixtar for some good reading on this type of business.
As for why the panelists keep bombarding about the business, its simple: since its a pyramid scheme, there is an incentive to earn more if more people join under you.
The company and its founders and management (who are these guys anyway?) should be investigated thoroughly about the authenticity of the business. If not, a lot of people are waiting to get screwed over. I am surprised very little articles and reports are being written questioning the business. I hope somebody in the government wakes up and takes notice.
Wreakreate says
Markgaitely
Let’s say you are right. Show the proof for that. There must be some documents that validate what you might be saying?
Markgaitely says
HI! ABOVE POST SOUNDS REALISTIC BUT I WONDER WITH ALL THE ADS & PROMOTIONS THAT SPEAK ASIA IS DOING THESE DAYS IN THE NEWS PAPERS LIKE HT & TOI + NOT TO FORGET THE ILS MATCHES. I MEAN WOULD’NT IT BE LEGAL?
ArekarPankaj says
Arekar Pankaj wrote on Facebook:
Speak asia: e Survey companies joining fees is Rs. 11000/-
They said they give u yearly survey income upto 52000/- (per week 1000/- per survey)
Now ask one question,
if company gets example 12 lakhs customer,
Then total company turnover goes upto 1320,00,00,000/- (1320 Crores)
In a year they have to give per member survey income means
12,00,000/- X 52,000 (per member one year 52 weeks) = 6240,00,00,000/- (6240 Crores)
Which client give this 4920,00,00,000/- (4920 crores)……..to your survey company..?
How companies afford this?
AB TOH JAG JAO,,,,,
ALL SURVEY COMPANIES ARE FAKE, BEWARE PEOPLES
Markgaitely says
Above msg put pretty well but a question from my side the various FM CG companies that are supposed to be putting forth their surveys through Speak Asia I am sure are also paying them huge amts in order for gather their survey results. So the money that speak asia pays to its members is not only the money got from the memberships. conducting surveys is a form of advertising and as aware that ads from branded companies on tv other forms of media pay huge amts to be printed or telecaste. so its from this amt that companies pay speak asia that speak asia shares with its member and whihc I am sure is peanuts per member.
over all i could be wrong?
Needent says
from the beginning saol declare they r not treat it as money circulation system.saol has no plan to payout ur money by turnover.they contract to branded company with survey.
Mohit Gupta says
Dont Join Speakasiaonline.com. Recently a case has been registered against company in Chandigarh & after few days hopefully the case will be escalated to RBI for scrutiny of ” How can the speakasiaonline pay Indians in Dollar without getting registered in India”. So its just a matter of few days & then company will be forced to stop its operations in India. Invest only if you want to lose your money.
Always remember money doesnt come as easy as filling surveys especially in these tough market conditions when getting a job is very difficult. So be safe & do hardwork to earn money.
Thanks
Jeff thomas says
hi @f4429794eea2afc1690750bc4c12da7f:disqus .
The funds are been transferred internationally so every time u withdraw you need to pay $20 as international bank wire fees and also the permission from RBI. So its more clear that the money once u paid will not be received again.
Beware of Greediness it will make you to loose what u earned.
Wreakreate says
I am glad someone has taken the time out to write a report on the scam business. Unfortunately, they are targeting people in countries like India and Bangladesh, where they know they can scam away as much as they can with the lure of “free” money and take advantage of the system. Also, unfortunately, they target people who are gullible and don’t ask the right questions.
This is no different from a pyramid scheme that you might have seen in the west. Google Amway or Quixtar for some good reading on this type of business.
As for why the panelists keep bombarding about the business, its simple: since its a pyramid scheme, there is an incentive to earn more if more people join under you.
The company and its founders and management (who are these guys anyway?) should be investigated thoroughly about the authenticity of the business. If not, a lot of people are waiting to get screwed over. I am surprised very little articles and reports are being written questioning the business. I hope somebody in the government wakes up and takes notice.
I could go on and on……