MLM News

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

  • Home
  • हिन्दी
  • Scam Companies
  • Guest Post
  • Submit An Article
  • Submit Press Release
  • Advertise
  • Contact
Rs 500 CR Webwork Trade Links Scam Shah Rukh Khan Nawazuddin Siddiqui Under CBI Scanner

500 CR Webwork Scam: Shah Rukh, Nawazuddin Under CBI Scanner

By Ak Sharma | Published: July 3, 2017

3.7/5 - (7 votes)

The FIR registered against the Webwork on Tuesday by the CBI does not mention Shah Rukh or Nawazuddin as either accused or suspects.

The CBI has taken over the probe into the Rs 500 cr online cash-for-click scam.

The online ponzi scam, to be investigated by the CBI, was being run from UP’s Ghaziabad district by Webwork Trade Links Pvt Ltd.

The complaint has also mentioned the names of Bollywood stars Shah Rukh Khan and Nawazuddin Siddiqui, who had endorsed the Webwork’s shadow company Addsbook.com in 2016.

Addsbook.com was launched on December 10, 2016.

The FIR registered against the Webwork on Tuesday by the CBI does not mention Shah Rukh or Nawazuddin as either accused or suspects.

However, the CBI may seek a clarification from the actors, as reported by the First Post.

The CBI has taken over the probe into its hands from the UP police which was initially investigating the matter.

The UP police had registered a case against the promoters of Addsbook.com namely Anurag Garg and Sandesh Verma, who are accused of duping thousands of investors using the two Bollywood actors as brand ambassadors.

The complaint, which is now part of the CBI FIR, holds both the Bollywood stars equally responsible for the fraud the company has committed.

According to it, after seeing Shah Rukh and Nawazuddin as brand ambassadors of the Addsbook.com, people believed in the online ponzi scheme and made heavy investments only to be duped later.

  • Tweet
  • Share on WhatsApp (Opens in new window) WhatsApp
  • More
  • Email a link to a friend (Opens in new window) Email
  • Print (Opens in new window) Print
  • Share on Telegram (Opens in new window) Telegram

Related

Filed Under: MLM News, Investment Scam, MLM SCAMS

SUBSCRIBE TO Networking Eye - MLM News

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

Leave a ReplyCancel reply

LATEST NEWS

  • Korvio-Voscrow-Hypernext Accused Denied Bail: HC Cites Rs 500 Crore Investor Loss, Main Accused Still at Large
  • CBI Arrests GainBitcoin’s Tech Architect at Mumbai Airport
  • Bitcoin Investment Fraud: ED Freezes Rs 10 Crore Dubai Assets as Multi-State Crypto Scams Expose India’s Regulatory Gaps
  • ED Arrests Digi Mudra Director in Multi-Crore My Victory Club Ponzi Scheme: Rs 38 Crore Found in Bank Accounts
  • Top 5 Fastest Growing MLM Companies in India 2023: Vestige, Amway, Herbalife, Forever Living, and Modicare

TRENDING TODAY

  • Write for Us
    Write for Us
  • Korvio-Voscrow-Hypernext Accused Denied Bail: HC Cites Rs 500 Crore Investor Loss, Main Accused Still at Large
    Korvio-Voscrow-Hypernext Accused Denied Bail: HC Cites Rs 500 Crore Investor Loss, Main Accused Still at Large
  • Promising windfall, delivering MLM Scams
    Promising windfall, delivering MLM Scams
  • New Consumer Protection Act of 2019 to Protect Online Customers
    New Consumer Protection Act of 2019 to Protect Online Customers
  • Top MLM Companies of Network Marketing in India
    Top MLM Companies of Network Marketing in India
  • Top 400 Earners Network Marketing (based on earnings per month)
    Top 400 Earners Network Marketing (based on earnings per month)
  • QNet India CEO Suresh Thimiri: I Have No relations with the company
    QNet India CEO Suresh Thimiri: I Have No relations with the company
  • In Hyderabad, scammers involved in Multi-Level Marketing schemes are specifically targeting women and job seekers
    In Hyderabad, scammers involved in Multi-Level Marketing schemes are specifically targeting women and job seekers
  • Beware of these MLM companies
    Beware of these MLM companies
  • Your TED-inspired New Year's Resolutions
    Your TED-inspired New Year's Resolutions

COMMENTS

  • Finlaw Consultancy on SCAM Companies New Updated list
  • Navigating the Maze of MLMs in the Beauty Industry: What You Must Know » MLM News on Things to Know Before Investing In MLM
  • Navigating the Maze of MLMs in the Beauty Industry: What You Must Know » MLM News on Direct Selling sector as a retailing medium in India is yet to gain momentum
  • Navigating the Maze of MLMs in the Beauty Industry: What You Must Know » MLM News on Decriminalization of MLM: its Importance and Issues
  • QZ Asset Management Executes Full Exit Scam; Website Unreachable » MLM News on Beware of these MLM companies

Copyright © 2014–2026 · NetworkingEye.com

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

Loading Comments...