HYDERABAD: Making it clear that Indian money will not be allowed to be sent to foreign shores during the pendency of the case, a division bench headed by Chief Justice Nisar Ahmad Kakru on Monday set aside a restraint order that had prevented the CID from freezing the money of Speak Asia Online company, a […]
Beware of Mobile Phone Scams by SMS and Miss Calls
mlmnewsblog – Next time you get a miss call from some unknown international telephone number, do not end up calling back. people are loosing as much as Rs.100 a minute, some international scamsters have found a way to scam people all around the world through mobile phones. This time these scams are done by giving […]
MCA orders investigation on Speak Asia
MCA orders investigation on Speak Asia. New Delhi (mlmnewblog) – The Registrar of Companies (RoC) has been given go ahead by the ministry of corporate affairs (MCA) to investigate Speak Asia. The same was also confirmed by D.K. Mittal, secretary, MCA. He said that an investigation has been initiated but the top officials of Speak Asia denied […]
ROC Report on Speak Asia
New Delhi (mlmnewsblog) – Registrar of Companies (ROC), under Ministry of Corporate Affairs submitted its report on Speak Asia Online. In the report ROC found that Speak Asian Online Pte. Ltd. a Singapore based company Violated Section 591 in The Companies Act, 1956 according to the act, companies who are incorporated outside India and Still […]
Further delay in the transfer of commissions: Speak Asia
Due to legal tangles, Speak Asia is going to delay the transfer of pending commission. The pending commission amount is said be around Rs.1900 crores till date. Many Speak Asia panelist were saying that bank transfer of commission will start from 27 July, but we have received information from a source that there will be more delay in the […]
Seminar on understanding pyramid schemes on 23 July 2011
Seminar on understanding pyramid schemes on 23 July 2011 Seminar details:Every year, tens of thousands of “Double-your-money” schemes which offer instant riches are eating into the savings of people. These schemes (also called Ponzi or pyramid marketing schemes) are banned in many countries. But in India, they fly below the radar because of ineffective legislation […]
RBI all set to form new rules and regulation on MLM companies
If sources are to be believed, soon there will be an MLM law in India. The Ministry of Corporate Affairs (MCA) and Reserve Bank of India (RBI) are working closely to frame rules for all MLM companies in India. As per sources there will be strict norms for MLM companies and all MLM companies who […]
First FIR against Speak Asia in India at Raipur
Raipur: Chhattisgarh police has registered FIR against Speak Asia. This will be first FIR against Speak Asia Online in India. Already few investigations are being probed under Central Government agencies and departments. From past few months, the panelist of speak Asia Online from all over Chhattisgarh approached police to initiate action against Speak Asia due for non payments, but due to […]
Speak Asia launched online shopping portal for panelist
At last Speak Asia, Singapore based company Speak Asia Online launched an online shopping portal for their panelist. After a long time, many Speak Asians have been desperately waiting for some good news, now through shopping portal, panelist can buy electronic goods at a discounted price. The site will be up at 6: 30 Pm on […]
Indian Cyber Crime Toll-free Number to Report Online Frauds
Due to the extraordinary growth of internet users, online cyber frauds have also increased likewise. Now you can report such matters at Helpline Number – 155260 09:00 AM To 06:00 PM, this is the Indian cyber crime toll-free number to report online frauds. Cyber frauds are mostly done through emails, where they offer you millions of dollars […]