Mumbai, May 18, 2011 Speak Asia Online, is being investigated by Mumbai police while the Union government is mulling a serious fraud probe into its affairs.Authorities woke up after critics and investors of Speak Asia’s consumer survey-based business model smelt in it a “Ponzi scheme. The government may ask the Serious Frauds Investigation Office (SFIO) […]
Bank accounts of Speak India have been frozen
Moneylife investigation revealed how Speak Asia was transferring money from India to Singapore, now banks have frozen speak Asia’s bank account due to the foreign exchange violation.
Speak Asia Online Press Conference News update
In the press conference, Speak Asia did not give any clear answers to the journalist present there. Instead they were putting allegation on Star Panel, which everyone knows that it is free to join, where speaking Asia is charging money to become a panelist. During the Goa Gen X Bazar conference company had said that Airtel, Nestle, Bata, […]
Aaj Tak Exposes Speak Asia Scam
One after another, news channels are exposing Speak Asia scam. Some people in Speak Asia were saying that Star News had personal agenda in covering negative news about Speak Asia. Now Aaj Tak has covered a news where they have completely exposed Speak Asia’s claim. Aaj Tak, during the investigation also came to know that […]
Speak Asia in trouble after Star News Coverage
MLMNewsBlog Editor Have you ever played the game of falling down dominoes or a card game, where we make a pyramid. A slightest blow can destroy your game. If you plan to play it, be careful. Speak Asia, one of the most promising MLM company has been severely hit by the recent Star News Coverage. If you have seen […]
Star News – Speak Asia Online News report, Legitimate or a Scam?
Star News – Speak Asia Online News report, Legitimate or a Scam. In India we cannot call a concept a scam unless it happens and when a scam happens, no body is there to help. From past two months, most media organizations have covered news reports on Speak Asia Online and most say that it […]
Reserve Bank of India (RBI) is contemplating action against Speak Asia Online
Cheaters in paradise: True lies of SpeakAsia’s Goa bash May 11, 2011 06:12 PM | The progress of this MLM company reminds one of the Home Trade scam, where the company used mega celebrities like Sachin Tendulkar and Shah Rukh Khan to gain publicity, before duping several people, including the stars Many agents of SpeakAsia, […]
33 Chit Fund companies sealed at Gwalior – Madhya Pradesh(M.P)
May 8, 2011 01:42 AM, 33 Chit Fund companies sealed at Gwalior – Madhya Pradesh(M.P). Administration and police in the city, with a combined team on Monday did raid over two dozen of corporate offices of Chit Fund Companies and seized a large number of records. The records related to the business of these companies have […]
News Update:Woman who cheated 28K citizens was duped by couple
News Update:Woman who cheated 28K citizens was duped by couple Nobody is a scamster by birth, Najma from Vadodara was first cheated by few, and then it was her term to return the favour. More than 28000 were duped. Though she approached police station and registered a complain against her two employees, but currently she is also […]
Domestic MLM companies heats up Survey Competition
April 25, 2011 11:51 PM | MLMNews BLog Team The moment one network marketing scheme becomes hit suddenly for the only sole reason, ‘get-rich-quick’, the other new MLM companies crop-up in the market like mushrooms after the rain with same dubious schemes. Survey MLM plans are spreading like wild fire, no one wants to be left […]