Network marketing is a way to earn extra income in one’s free time, without any prior knowledge or experience. Network marketing, also known as direct selling and multi-level marketing (MLM), is a pyramid-style marketing strategy in which a product is sold by a chain of individuals rather than in a physical store, and these individuals […]
In Hyderabad, scammers involved in Multi-Level Marketing schemes are specifically targeting women and job seekers
The police have issued a warning to citizens, especially women, to be vigilant and avoid falling victim to these scammers. Young people have also been advised to steer clear of such fraudulent schemes Hyderabad is once again grappling with the resurgence of Multi-Level Marketing (MLM) frauds, as scammers employ new tactics to deceive vulnerable individuals, […]
Elfin E-com’s Absconding Executive, Involved in Multi-Crore Fraud, Apprehended
Unregulated MLM Schemes: Alleged Multi-Crore Fraud by Company Targets Public Elfin E-com’s Absconding Executive Arrested: SIT Cracks Down on Multi-Crore Fraud A breakthrough in the investigation led the State Economic Offences Wing (EOW) Special Investigation Team (SIT) to apprehend Raja, also known as Alagarsamy, a senior executive of Elfin E-com. The company stands accused of […]
Enforcement Directorate freezes 36 bank accounts with over Rs 90 crore in inspections at direct selling firms Qnet in Mumbai, Bengaluru, and Chennai
The Directorate of Enforcement (ED) conducted searches at various locations in Mumbai, Bengaluru, and Chennai on Wednesday in relation to a money laundering case involving M/s Vihaan Direct Selling India Private Limited, which is the master franchisee company of M/s Qnet Ltd in India. During the searches, the ED froze a total of 36 bank […]
Gautam Bali: The Successful CEO Behind Vestige Marketing Private Limited’s Growth
Gautam Bali is the CEO of Vestige Marketing Private Limited, a leading direct-selling company in India. With over 18 years of experience in the industry, Bali has played a pivotal role in the growth and success of Vestige. Under his leadership, the company has expanded its operations to more than 15 countries and has a […]
Direct Selling in India: An Overview of the Industry and its Regulatory Framework
Direct selling is a business model in which products are sold directly to consumers, usually outside of a fixed retail location. This business model has gained popularity in India in recent years, with many companies choosing to adopt it as a way to reach out to customers and sell their products. The direct selling industry […]
Co-founder of $4B OneCoin fraud scheme pleads guilty and faces up to 60 years in jail
The co-founder of OneCoin, a fraudulent cryptocurrency scheme, has admitted guilt to several charges brought by the US Department of Justice (DOJ) and now faces up to 60 years in prison. Karl Sebastian Greenwood pleaded guilty to counts of wire fraud, conspiracy to commit wire fraud, and conspiracy to launder money, each of which carries […]
Investors Duped Out of INR 200 Crore after Being Lured by Endorsements from Actresses Tamanna and Kajal Agarwal
According to reports, thousands of people in India have fallen victim to a large-scale scam by a company called Hashpe. The victims claim that they were promised INR 3 lakh ($4,000) within 300 days in return for an initial investment of INR 1 lakh ($1,335). However, when they attempted to collect their earnings, they discovered […]
MLM Scams in India: How to Spot and Avoid Them
Multi-level marketing (MLM) is a business model in which a company sells its products through a network of independent distributors, who earn commissions based on their sales and the sales of the distributors they recruit. While MLM can be a legitimate and profitable business opportunity for some, it has also been the subject of controversy […]
Vestige To Launch PETA certified 100% Vegan Assure Natural Range
India’s homegrown MLM company Vestige Marketing Pvt. Ltd., and also the only Indian company in the world’s top 30 direct selling companies has expanded its personal care category into the natural personal care segment. The newly launched brand is Assure Natural. After achieving immense success following the initial launch in August, the company has launched […]