The SFIO (Serious Fraud Investigation Office) said that the report on chit fund scams by Saradha and other companies will be submitted by march. The Ministry had earlier expected the final report by last December.
After a long time Indian Government decides to bring norms for MLM Industry
In the 2014 election year, the direct selling industry is getting positive response from the central government, as it is sending the regulatory framework draft guidelines, regarding direct selling to the Inter ministerial committee. This might take some time to work but the investors heave a sigh of relief.
After FMCG Amway planning to launch Home appliances
Amway India Enterprises posted a flat growth in 2013 in some southern states and now Amway India is expanding its presence with a plan to launch home appliances product in India.
MD of QuestNet India, Pushpam Appalanaidu arrested
Pushpam Appalanaidu, a 50 year-old Malaysian women, managing director of QuestNet India was arrested on the charge of duping Rs 160 crore through QuestNet, by Andhra Pradesh State Police.
FG Express soon launching in India
The FG Express is soon going to be launched in India with their unique product called ” Power Strips”. These power strip helps to get rid of pain in the muscles and joints. The company has already created lot of buzz in the MLM/Networking Marketing industry.
Ferreira’s interim protection from arrest extended till February 24: Session Court
The former billiards Champion Michael ferreira has received relief from the session court. Now he will not get arrest till February 24 in QNet scam case.
Keep your Money Safe: Avoid money traps and MLM schemes
Chain-money schemes like Saradha are flourishing in our country. Countless crores have been lost in this manner. But these schemes aren’t the only danger. There are internet-based scams, phishing scams, identity theft, job scams, and much else you could be fooled by. Sucheta Dalal briefed participants on all this and more during an informative two-hour […]
Mastermind of Chitfund scam nabbed: CBI
Abu Sadeque Ishtiak Ahmed Choudhary, Chit fund scam Mastermind from Tripura got nabbed on Wednesday at Kolkata. He was hiding there from quite sometime, he duped around Rs 11 crore from a many gullible investors of Tripura.
Sundip Shah appointed as new CMO Amway India
Amway India Enterprises Pvt. ltd, a direct selling company which is a subsidiary of US-based Amway Corporation appointed Sundip shah, as its new Chief Marketing Officer, on Wednesday.
Bombay High Court refused Interim relief to QNet accused
The Bombay high court refused to grant interim relief to the frozen bank account of Transview Enterprise India Private Limited. Transview Enterprise India is alleged to be the part of Qnet scam of 400 crore.