Due to legal tangles, Speak Asia is going to delay the transfer of pending commission. The pending commission amount is said be around Rs.1900 crores till date. Many Speak Asia panelist were saying that bank transfer of commission will start from 27 July, but we have received information from a source that there will be more delay in the […]
RBI all set to form new rules and regulation on MLM companies
If sources are to be believed, soon there will be an MLM law in India. The Ministry of Corporate Affairs (MCA) and Reserve Bank of India (RBI) are working closely to frame rules for all MLM companies in India. As per sources there will be strict norms for MLM companies and all MLM companies who […]
First FIR against Speak Asia in India at Raipur
Raipur: Chhattisgarh police has registered FIR against Speak Asia. This will be first FIR against Speak Asia Online in India. Already few investigations are being probed under Central Government agencies and departments. From past few months, the panelist of speak Asia Online from all over Chhattisgarh approached police to initiate action against Speak Asia due for non payments, but due to […]
CID raided Speak Asia Online franchisees at Vijayawada, Andhra Pradesh
CID raided Speak Asia Online franchise at Vijayawada, Andhra Pradesh VIJAYAWADA: A CID team lead by DSP YV Ramana Kumar raided the houses of D Srinivasa Reddy and LVA Swamy who are the owners of Speak Asia Online Limited franchisees at Vijaywada on Sunday. During the investigation CID team seized laptops, desktop computers, bank passbooks and all other […]
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 […]
Kerala police Investigating Tycoon Empire International & Bizarre group
Kerala state director general of police has admitted frauds amounting to over Rs1,000 crore. Many MLM companies on the name of investments collected hundreds of crores from gullible people. Many investors are NRIs from Gulf countries. Kerala police has initiated investigation against many such get rich quick schemes. Police initiated action after receiving complains from the investors of Tycoon Empire International […]
Speak Asia launching YuG online shopping portal
This piece of information is manly for Indian Speak Asians. Most Speak Asians are desperately waiting for the cash transfer. We have received an inside information, the reason why did Speak Asia stop cash request & transferred all cash request back into your e-wallet. First they want you to generate pins and second to buy […]
Just Be Careful about online lottery frauds
Just Be Careful if you have received a message about online lottery winning. Reserve Bank of India (RBI) has received many complains from people. Mostly these complains are about online lottery frauds. RBI warned people that these frauds are being done by e-mails and mobile phones via SMS and in the name of winning the […]
Speak Asians in high moral after recent meet at Talkotara Stadium
New Delhi, Now things have started working in Speak Asia’s favour, Mr. Tarak Bajpai COO (India) at Talkotara Stadium has given a clear message to their panelist that they are not going to run away and soon under the flagship of parent company Speak Asia, three new sister concern companies will be launched in India. All […]
Speak Asia received Funds from Singapore bank
Source:Press Trust Of India New Delhi: A good news for Speak Asians. Speak Asia Online on Tuesday said it has received funds from Singapore-based United Overseas Bank, which closed the entity’s account last month. “We wish to also inform that more than $16 million is available for use and disbursal as soon as a new […]