From the past 2-3 years, a lot of my friends have asked about QNet and they want to know in detail. They want to know, whether it is a legitimate business in India or is it a scam. And the people who are asking them to join their QNet group, the minimum capital required to start the business is […]
Government conducting probe against 154 companies, Sachin Pilot’s Reply to Rajya Sabha
The central government is probing grievances of financial scams against 154 companies, which also includes those connected with Saradha Group and Rose Valley Group, Parliament was informed today by Sachin Pilot. In a written reply to Rajya Sabha, Sachin Pilot said ” We received complaints against 154 companies/organizations during the last 3 years,” Pilot stated his […]
Ponzi Schemes Vs direct selling companies
There are few things to keep in mind while differentiating between a ponzi scheme and a direct selling company. As per Wikipedia, the definition is given below. Rest in detail, you can read the points to understand more about ponzi schemes and direct selling companies. As per Wikipedia, A Ponzi scheme is a fraudulent investment […]
StockGuru India Mastermind Jailed, Wife is Already In Jail
StockGuru India mastermind Lokeshwar dev jain was sent to jail in Ratnagiri, Maharashtra. Priyanka Saraswat Jain, wife of the accused has already been jailed two days ago on same charges. On production warrant, the local police arrested the accused of StockGuru India and brought them to police station from Tihar jail. ASI, Om kumar, said” the accused couple […]
SpeakAsian Vivek Sharma alias Aman Azad’s Anticipatory Bail Plea Denied
The Bombay high court on Friday rejected the anticipatory bail application of Vivek Sharma, who is also called with a nick name, Aman Azad in the SpeakAsia fraud case. He started as an agent for SpeakAsia but later on, he ended up earning lot of money through SpeakAsia fraud. The court also asked the police […]
Beware Of These Dialy Frofit,Forex & High-Yield Investment Program Companies
The names of companies given below are of serious fraud nature. All these companies are either based on Forex, HYIP and so-called helping plans like defunct MMM India. Names of companies with high risk Unviable Business Plan: .net https://globalbestinvestment.com http://www.fundachiever.com http://www.richbyhelp.com http://4fxmoney.net http://www.worldumaxclub.com http://www.worldumaxclub.com http://www.futuretrade.in http://safehelpindia.com Few things you should keep in mind, while investing […]
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. […]
SCAM Companies New Updated list
Multi-level marketing (MLM) companies that engage in fraudulent or deceptive practices are often referred to as SCAM MLM companies. These companies may use aggressive or misleading tactics to recruit new members or sell products and may make unrealistic promises of high returns or financial freedom. To protect consumers from falling victim to SCAM MLM companies, […]
Scratchindia.com Closed & Owners Nowhere to Be Found
This time www.scratchindia.com scamed people in the name of Nano cars. scratchindia.com was run by Prime Advertising & Entertainment. There were giving Tata Nano, Indica Vista, Tata Manza and Tata Aria to people on first come first serve bases. Recently www.scratchindia.com got burst when the new joining rate hit the dead-end rode. Company started their […]
Two More Arrested In Connection with MMM India Scam
Mumbai: Two more are arrested in connection with MMM India scam by Mumbai City economic offences wing (EOW). They were arrested on Tuesday from Goa for their alleged mastermind planning behind MMM India. The detained are Mikhail Glukhov (25) and Jennifer Menezes. “The couple was managing the publicity and coordination of the MMM India through internet. […]