New Delhi(mlmnewsblog) Dear fellow networkers, is Speak Asia a fake company? Now it’s a million dollar question but the real question is, does network marketing or MLM legalized in India? The answer is not yet. What is going on in India? If an MNC company or an Indian MLM company is given ROC, open offices and […]
Red Corner Notice against Speak Asia Global Head, Haren Kaur
Mumbai (mlmnewsblog): The economic offences wing (EOW) during the initial investigation found that people have lost Rs 14,000 crore in SpeakAsia’s schemes from all over India. EOW is also collecting information on global Head, Haren Harinder Kaur to issue Red corner notice against her and more arrest will take place in coming days.
Mumbai police arrested Speak Asia’s ‘Panelist’
Mumbai (mlmnewsblog) – Today Mmumbai police arrested Speak Asia’s ‘Panelist’. The name of the panelist is ‘Dipankar Sharma’ who was picked up from Raipur, brought to Mumbai and was arrested. He was also among the first persons to invest in the scheme of Speak Asia Online. By now the total arrest figure have reached to […]
Mumbai Police arrests Speak Asia COO Tarak Bajpai
The economic offences wing of Mumbai Police’s crime branch has arrested the chief operating officer (COO) of Speak Asia Online, Tarak Bajpai. Bajpai was arrested and taken into custody by the crime branch officials in Indore around 2 am on Friday and was taken to Mumbai for further investigation.
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 […]
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 […]
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 […]
Pyramid Schemes vs Multi-level Marketing Business
Most confuse Multi-Level Marketing with ponzi pyramid schemes, frankly speaking both are very identical, at times it becomes difficult to separate one from another. Many ponzi schemes are running disguising as an MLM. As you know the famous and great structure of pyramid, it is narrow at the top and becomes wider at the bottom, same is […]
Prime Minister’s Office asks for investigation and action against Speak Asia.
At last Prime Minister has accepted the request to investigate Speak Asia Online. Prime Minister Office has forwarded the complains to ministry of Corporate Affiairs (MCA), Reserve Bank of India (RBI),Securities and Exchange Board of India (SEBI), the home secretary & the finance secretary. It has also been requested from PMO to put the investigation […]
Bangladesh all set to form a strict MLM law
Bangladesh all set to form a strict MLM law Millions of Bangladeshis lost their hard-earned money to fraud MLM companies. After massive allegations of cheating people by MLM companies, the Ministry of Commerce, Bangladesh, is all set to form a strict all in coming months. In future all MLM companies will come under tough monitoring. Some Highlights […]