MLM News

NetworkingEye.com: MLM News, MLM News in Hindi, MLM business, MLM Companies, Scam Companies

  • Home
  • हिन्दी MLM News
  • Scam Companies
  • Guest Post
  • Submit An Article
  • Submit Press Release
  • Advertise
  • Contact
MD of QuestNet India Pushpam Appalanaidu arrested

MD of QuestNet India, Pushpam Appalanaidu arrested

By Randhir Kumar | Published on 21/02/2014

Rate this News

Pushpam Appalanaidu, a 50 year-old Malaysian women, managing director of QuestNet India was arrested on the charge of duping Rs 160 crore through QuestNet, by Andhra Pradesh State Police.

Pushpam was detained at the Chennai International Airport, where she was waiting to board a flight to Malaysia on Sunday. Criminal Investigation Department had already issued a look-out notice to the immigration officials in Delhi and the same notice was forwarded to all the international  and domestic Airports.

She will be produced  in front of the court in Nellore, Andhra Pradesh, from Chennai.

Pushpam and four others collected money from the investors by promising high returns through QuestNet- MLM company. There are 5 cases out of 21 booked on her name with the charge of cheating under the IPC and the provision of Prize Chits and Money circulation scheme (Banning) Act 1978.

  • Tweet
  • WhatsApp
  • More
  • Email
  • Print
  • Telegram

Related

Filed Under: Chit Fund Scam, Investment Scam, MLM News, MLM SCAMS, National News, Qnet India

SUBSCRIBE TO Networking Eye - MLM News

Sign up for our newsletter and receive news, updates, and the latest alerts.

Leave a Reply Cancel reply

LATEST NEWS

  • Enforcement Directorate freezes 36 bank accounts with over Rs 90 crore in inspections at direct selling firms Qnet in Mumbai, Bengaluru, and Chennai
  • Top 5 Fastest Growing MLM Companies in India 2023: Vestige, Amway, Herbalife, Forever Living, and Modicare
  • Gautam Bali: The Successful CEO Behind Vestige Marketing Private Limited’s Growth
  • Direct Selling in India: An Overview of the Industry and its Regulatory Framework
  • Co-founder of $4B OneCoin fraud scheme pleads guilty and faces up to 60 years in jail

TRENDING TODAY

  • Top 5 Fastest Growing MLM Companies in India 2023: Vestige, Amway, Herbalife, Forever Living, and Modicare
    Top 5 Fastest Growing MLM Companies in India 2023: Vestige, Amway, Herbalife, Forever Living, and Modicare
  • Top Direct Selling Companies
    Top Direct Selling Companies
  • The Indian Direct Selling Association - IDSA
    The Indian Direct Selling Association - IDSA
  • Top 400 Earners Network Marketing (based on earnings per month)
    Top 400 Earners Network Marketing (based on earnings per month)
  • SCAM Companies New Updated list
    SCAM Companies New Updated list
  • Top MLM Companies of Network Marketing in India
    Top MLM Companies of Network Marketing in India
  • Ponzi Schemes Vs direct selling companies
    Ponzi Schemes Vs direct selling companies
  • All You need To Know About Vestige
    All You need To Know About Vestige
  • Scam Companies
    Scam Companies
  • QNet Is A scam In India or Legit?
    QNet Is A scam In India or Legit?

COMMENTS

  • Top 5 Fastest Growing MLM Companies in India 2023: Vestige, Amway, Herbalife, Forever Living, and Modicare » MLM News on John Oliver calls MLM industry a ‘pyramid scheme’
  • Top Direct Selling Companies » MLM News on Ponzi Schemes Vs direct selling companies
  • Decriminalization of MLM: its Importance and Issues » MLM News on Indian government to soon issue the guidelines for Direct Selling Industry
  • Michael Dayaram Mangela on Scam Companies
  • Murali on Indian Cyber Crime Toll-free Number to Report Online Frauds

Copyright © 2014–2023 · NetworkingEye.com

About Us · Privacy Policy · Cocky Policy · Terms & Conditions