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

Ranga Reddy: Multi-level marketing fraudsters loot 15 lakh from woman

By Ak Sharma | Published on 11/08/2020

5/5 - (1 vote)

Cyberabad police on Wednesday cautioned that the Multi-Level Marketing (MLM) fraudsters back in the market with new modus operandi.
Owing to the easy trap methods into Multi-level marketing frauds, the fraudsters have always returned to trap vulnerable people.

The most important fact about this fraud system is the new techniques adopted by the fraudsters to get into the minds of their probable victims. Trust and vulnerability plays important factors in becoming victims to such traps, a police statement here said.

However, from time to time the Cyberabad police have been issuing warnings to all the people especially housewives, young women and unemployed youth about the fraud system.

In yet another case of MLM fraud system, the Miyapur police had arrested a gang of four people in this connection. The accused were identified as Subodh, Deekshit, Uday Jeevan and Rahul Malani

Suboth the mastermind of the game plan used to lure people of high returns on particular business investment and when their probable victim would invest in their fake scheme, they used to harass the victim to make others join the scheme and once they are completely trapped into the system they used to exploit the women sexually and in various other means.

In this way, they had extracted an amount of Rs 15 lakhs from a woman and had harassed her in all possible ways. All four suspects were arrested and remanded in judicial custody.

Cyberabad police hereby warn people to stay away from such fake schemes, as money does not come for free.

We request the common people to get in touch with us on the number 9490617444 through call or WhatsApp if they find themselves caught in such fraud systems. Apart from this, one can also dial 100 to register a complaint with the local police station.

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

Related

Filed Under: Chit Fund Scam, Investment Scam, MLM News, MLM SCAMS

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

  • Vestige To Launch PETA certified 100% Vegan Assure Natural Range
  • Ranga Reddy: Multi-level marketing fraudsters loot 15 lakh from woman
  • Enforcement Directorate (ED) attaches assets of ‘bike bot’ MLM Ponzi Company worth 103 crores
  • Indian Direct Selling/MLM Companies rises as top performer among Asia Pacific Companies
  • New Consumer Protection Act of 2019 to Protect Online Customers

TRENDING TODAY

  • SCAM Companies New Updated list
    SCAM Companies New Updated list
  • The Status of Network Marketing/MLM/Direct Selling in India
    The Status of Network Marketing/MLM/Direct Selling in India
  • Decriminalization of MLM: its Importance and Issues
    Decriminalization of MLM: its Importance and Issues
  • Scam Companies
    Scam Companies
  • Now Star News Exposes Ram Survey Scam
    Now Star News Exposes Ram Survey Scam
  • Present scenario of MLM in India
    Present scenario of MLM in India
  • Top 400 Earners Network Marketing (based on earnings per month)
    Top 400 Earners Network Marketing (based on earnings per month)
  • Top MLM Companies of Network Marketing in India
    Top MLM Companies of Network Marketing in India
  • Aiwa NGO : Fights For The MLM INVESTORS WELFARE
    Aiwa NGO : Fights For The MLM INVESTORS WELFARE
  • Ranga Reddy: Multi-level marketing fraudsters loot 15 lakh from woman
    Ranga Reddy: Multi-level marketing fraudsters loot 15 lakh from woman

COMMENTS

  • Michael Dayaram Mangela on Scam Companies
  • Murali on Indian Cyber Crime Toll-free Number to Report Online Frauds
  • RK Trading Corporation on Vestige To Launch PETA certified 100% Vegan Assure Natural Range
  • Atul Sohanlal Parihar on The Status of Network Marketing/MLM/Direct Selling in India
  • Sekhar Chetry on SCAM Companies New Updated list

Copyright © 2014–2022 · NetworkingEye.com

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