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 […]
Ram Survey under police raid at Varanasi-Uttar Pradesh
NEWS: Ram Survey, new mlm player after Speak Asia, has come under police raid at many places in Varanasi, Uttar Pradesh. Some even say that Ram Survey is a copy of Speak Asia Online. Now many survey concepts are in the market to capture business through MLM route. Few years back, there were non-working or […]
Woman dupes 28,000 citizens at VADODARA, flees with 2.13 crore
A news has come from Vadodara, this time, the scam is of Rs.2.13 crores. 28,000 people has been duped in Vadodara. This time scam was done daily house hold items like, oil, rice and dal. All this was done under multi-level marketing (MLM), where agents were paid commission for bringing customers. Police have registered a case of cheating […]
Now Insurance in MLM is in Question
April 18, 2010 06:08 PM Insurance has been doing good business in network marketing, when IRDA was in tussle with SEBI, MLM companies kept the insurance business flow up. There are hundred’s of MLM companies in India, who deals with insurance, now the legitimacy of this practice is in question. As per IRDA rules, an insurance policy cannot be […]
Stock Guru India allegedly dupes 2 lakh investors of over Rs.1000 crore
April 15, 2011 03:06 PM Stock Guru India allegedly dupes 2 lakh investors of over Rs.1000 crore.