To reach at a safest harbor, you must navigate right but at the right time, otherwise you will be lost in the sea. Why to ask powerful question? Not only around you but at a regular interval ask your-self those questions which matters to your future. Powerful and important questions will lead you to […]
Now Insurance in MLM is in Question
April 18, 2010 06:08 PM Insurance has been doing good business in network marketing, when IRDA was in tussle with SEBI, MLM companies kept the insurance business flow up. There are hundred’s of MLM companies in India, who deals with insurance, now the legitimacy of this practice is in question. As per IRDA rules, an insurance policy cannot be […]
Stay away from MLM Plans with Fixed Monthly returns
Some MLM companies are openly flouts SEBI norms and offers 120% returns in a year through stock market investment and it has not only with such plans. Some netwrokers are offering such high returns with FOREX plans, even after knowing that FOREX trading is banned in India as per RBI. FEMA makes it illegal. There are […]
Stock Guru India allegedly dupes 2 lakh investors of over Rs.1000 crore
April 15, 2011 03:06 PM Stock Guru India allegedly dupes 2 lakh investors of over Rs.1000 crore.
SpeakAsia still can’t show valid, legal documents
April 13, 2011 04:18 PM | Moneylife Digital Team SpeakAsia, is an online company collecting large sums of money by rapidly enrolling people with the promise of incredible payments for simply filling out online surveys. Our investigation, however, shows that the company is not registered in India and it cannot show us any legal documentation. […]
Why MLM Scam happens, because we let it happen
Gandhian Anna Hazare, was on fast for 4 days, he did something, which most questioned, as it looked impossible, government agreed to go on a draft on Lokpal bill with public and by now you must be aware what Lokpal bill is? Every news channel in India has been flashing updates about Anna Hazare’s protest […]
Speak Asia – An Online Scam That Could Affect a Million People in India
Imagine if there were an online business where you could earn a very handsome and recurring income simply by spending 10-15 minutes per week. To qualify, all you need is a computer with an Internet connection and some basic knowledge of the English language. The exact plan is something like this. You give me $200 […]
RBI Notification on Forex Trading
This is the press release from Reserve Bank Of India, in this press release RBI has warned people who are involved in Overseas and domestic Forex Trading. RBI has stated that under Foreign Exchange Management Act, FEMA, 1999 do not permit residents of India to trade in foreign exchange in domestic/overseas markets.
Police bust MLM racket in Bangladesh
Police bust MLM racket The Jakarta Post | Wed, 03/30/2011 9:53 AM | Balikpapan Police in East Kalimantan have arrested a woman for fraud after she allegedly tricked members of the public into investing money in a multilevel marketing (MLM) business, promising huge profits. The get-rich-quick scheme left at least 47 Balikpapan residents of pocket […]
News update on Stock Guru India Scam
निवेश के नाम पर करोड़ों रुपये लेकर फरार पश्चिमी दिल्ली, जागरण संवाददाता : निवेश करने पर भारी मुनाफे का लालच देकर सैकड़ों लोगों से करोड़ों रुपये लेकर कंपनी संचालक फरार हो गया। पीडि़तों का कहना है कि गुरु स्टॉक कंपनी के संचालक लोकेश्वर देव जैन की बातों से प्रभावित होकर उन्होंने अपनी गाढ़ी कमाई निवेश […]