In order to get legal sanctity and recognition from both central and state government authorities, the Indian direct sellers like Tupperware, Amway, Oriflame and their association body IDSA might quickly approach the commerce ministry in coming days. Right now direct selling sector is of Rs 7,000-crore in India with 18 companies who are promoting through direct […]
mizodirect.mizoram.gov.in website Link Not Working
Just one day before the launching of Mizodirect, the website link at www.mizodirect.mizoram.gov.in is no longer active. The link is dead. Mostly when sites are being updated or changed, they show notice banner on the link page but in Mizodirect case the link does not have any such information for the people who are visiting the […]
www.GlobalBestInvestment.com: New Scam Making Its Way Around the Basin
www.globalbestinvestment.com is not different from many other HYIP sites on the internet, who offers easy and fast returns on your investment. Once they collect enough money, they just vanish in thin air. The full form of HYIP is High Yield Investment Program. That means in short duration you can make a lot and lose as well. […]
Kerala Police Filed A Charge Sheet Against Tycoon Empire Fraud
Finally, a charge sheet was filed Against Tycoon Empire Fraud by a special police team before the Chief Judicial Magistrate’s Court. Police submitted the 1,000-page charge sheet against 50 persons, including directors and promoters of Chennai-based Tycoon Empire International Private Limited for defrauding hundreds of depositors. The charge sheet has been filed against Tycoon Empire International Private […]
Mizoram Government Launching MLM Company
It is first time in the history of MLM that a government is prepared to launch an MLM entity. Yes, the government of Mizoram is launching an MLM company for the people. The launch date is 18th July 2013. The name of the public company is MIZO Direct Marketing Limited. The business plan is generation […]
Andhra Pradesh Money Circulation Companies Collected Rs 397 cr in Last Two Years
Visakhapatnam, Andhra Pradesh money circulation business collected massive Rs 397 cr in two years span and shut down the business. People lost big chunk of their hard-earned money in these scam businesses. Lots of professional scamster who guarantee to make one rich overnight, vanish no quicker than they appear with grand ads and bring in lakhs of […]
mmmIndia.in website No longer Opening
mmmIndia.in website no longer opening. The real cause of shutdown is yet to be known. Though people who are working in the system confirmed that the website is shut down only for the small duration of time. Some of them said that it will start only when the key people who are arrested by Mumbai […]
Visakhapatnam City Police Arrested Sri Chakra Gold Directors
Visakhapatnam City Police arrested the racketeers of Sri Chakra Gold Farms and Villas (India) Ltd. They took original unregistered agreement papers worth of Rs 27 lakh, besides two automobiles, City Police Commissioner B Sivadhar Reddy informed the media. He stated 3 individuals of Chilakaluripeta-Dasari Aruna, her spouse Dasari Narendra and her brother Nidamanuri Anil Kumar– […]
Kerala Crime Branch Investigation Team Decided to include AMWAY Distributors in the case
Kozhikode: In the recent development of Kerala Amway case the Crime Branch investigation team has decided to include the distributors of Amway. The team who is investigating the case will file the report under money chain scheme business, where they say Amway violated the norms. The Investigation team has also asked the Amway Delhi office to […]
Finance Ministry for Changes in Prize Chits & Money Circulation Act
The department of financial services has proposed modifying the Prize Chits and Money Circulation Schemes (Banning) Act, 1978 to make inducement to individuals for signing up with MLM pyramid, Ponzi or cumulative investment schemes an offence to plug loopholes in money churning tasks of business. The division under the finance ministry has proposed to place a […]