Recent development on Speak Asia has given a mixed response to its panelist. The Ministry of Corporate Affairs today said it could not investigate alleged irregularities in multi-level marketing company Speak Asia as the company is not registered with it. Same was communicated to journalist by Reserve Bank of India. “Speak Asia is not registered […]
Speak Asia received Funds from Singapore bank
Source:Press Trust Of India New Delhi: A good news for Speak Asians. Speak Asia Online on Tuesday said it has received funds from Singapore-based United Overseas Bank, which closed the entity’s account last month. “We wish to also inform that more than $16 million is available for use and disbursal as soon as a new […]
Government asked, CBI to look into the operations of MLM companies
It is quite likely that soon there will be a strict regulation on Network Marketing in India. From past few years people have lost money to the tune of hundreds of crores in ponzi schemes. Now Consumer Affair Ministry has asked Central Bureau of Investigation (CBI) to look into the operations of MLM companies.
Right Time to Start Network Marketing (MLM) Full Time
When is the right time to take Network Marketing full-time job? Mostly people ask this question to their uplines and the obvious answer they get is ” Right Now”. I don’t agree with them, you know why? The success ratio in network marketing is between 3 to 7 percent. Network Marketing is just like any […]
Speak Asia Bank Accounts frozen in India and Singapore
Definitely not a good news for Speak Asians. All bank accounts of Speak Asia have been frozen by UOB Bank of Singapore in India and Singapore. The company is facing serious allegations of fraud and running ponzi operations. The reason for freezing of bank accounts was done due to the financial irregularities and foreign exchange violation.
Easy and Speedy, New way of doing Network Marketing
Facebook has become the new social medium for many across the world to interact, share, express and see each other’s faces. Some estimates that by 2012, there will be 1 billion people interacting on Facebook. It has become a very important tool for the network marketers to share things with people on Facebook. I must tell you one-thing, many are […]
Now Star News Exposes Ram Survey Scam
Star News has now exposed Ram Survey, this is their second scam reporting on survey scams. Earlier Star News had covered a report on Speak Asia Online. The news on Speak Asia created a lot of hue and cry among Speak Asians. After Star News many channels like Aaj Tak, CNBC etc, covered in-depth reports on […]
Win with Team or Die as Individuals
Network marketing has been a wonderful industry, many MLM Gurus have shared that, there can’t be anything better than network marketing, where you help others and in return you are helping your-self. Here relationships come first and money is just residual, companies come and go, but people stay here.People who are able to look beyond […]
Indian Direct Selling Association (IDSA) welcomes probe on Speak Asia
Lately many direct selling companies in India have asked government to look for a framework to regulate direct selling companies. The Direct selling industry projected at Rs 7,120 cr by 2012-13, till date there have not been a clear guidelines for the MLM companies. companies who are part of IDSA are saying that just because […]
Speak Asia can withdraw surveys anytime, says its legal advisor
Senior lawyer Ashok Saraogi has said that since Speak Asia is offering reward points for filling up surveys as an additional benefit, it can withdraw these if its contracts with its clients ends. Notably, not a single official from Speak Asia was present during the press conference called by its legal advisor in Mumbai. What […]