Saibal Sen, TNN, Apr 5, 2011, 03.16am IST KOLKATA: Illegal chit funds, a scourge in West Bengal, are back in a sneaky new disguise. Multi-level marketing firms are now luring unsuspecting depositors with promises of mammoth returns in the form of “products”. The booty, according to central and state authorities, runs into crores. What’s worse, […]
Stock Guru India Scam Exposed
New Delhi, Check this video, how a news channel exposed Stock Guru India Scam. It has left thousands of people in the lurch. The Delhi office is locked. Angry people are asking for hard earned money. Company say’s that they are under Income Tax department radar.
Speak Asia given court notice at Gorakhpur, Uttar Pradesh
Gorakhpur: Online Survey Company Speak Asia online has sought delay from city magistrate on Thursday. City magistrates on Thursday arrived in the office of Regional Manager Anurag Corporation to meet him. Meanwhile, City Magistrate has served them with another notice with ten points and instructed to give their answer by Friday.
How to avoid scam in MLM
Know you company in Network marketing (MLM) Banking sector in India has initiated ‘KNOW YOU COUSTOMER FIRST’, why can’t we do the same in Multi-Level Marketing (MLM). I have come across many networkers who are interested only in companies, who are doing ethical business, for some it does not really matters; they are interested only […]
Questions and answers on Facebook, how it can help you in MLM
Facebook has started a new feature where you can ask questions to your friends, it could be an advice, some suggestion, or you can ask for a new restaurant at in the town. This new interactive feature has something for everyone. The moment I came across this feature, I too asked some questions to friends. […]
How to keep you safe from MLM scams
Some consider that there are legitimate Network marketing companies which have good MLM business plans that last for long and along with them every year we see scammers in MLM come up with tailored made plans to cheat people. It has not been long, few years ago; someone came up with non-working or growth plan. […]
Another MLM scam in the happening, this time under the pretext of an online survey
Moneylife Digital Team An MLM company that claims to be Asia’s largest online survey company, does not even have an office address or a telephone number but is offering to ‘pay’ $10 just for filling out online surveys Speak Asia Online, which claims to be based in Singapore, is spreading its multi-level marketing (MLM) wings […]
Bangladesh MLM alliance calls for regulation of MLM
Due to a combination of government policy, the time required for a thorough investigation to be carried out and the inevitable appeals process, it’s all too well known that there’s often a large disconnect of time between the establishment of an MLM company, and a regulatory body investigating it. At the heart of a scam […]
The truth about Networking & Multi Level Marketing ventures: Greed…plain greed all the way
Lai Loyumba (This article was written and sent to various newspapers about 3 years ago at the height of networking & MLM but pity nobody published it or else it may have helped saved at least some people from these financial scams, broken homes & broken dreams) Picture this scenario… in the outskirts of Imphal […]
MLM, the bug of Manipur economy
Sir, The small and remote state, Manipur, is flooded with different network marketing. With the acute problem of unemployment and in search of easy means of livelihood people have fallen prey to fraud Agencies and Network Marketing. In want of Quick and Easy Money, without giving the slightest thought, people are easily tempted to investment […]