The government is now actually determined to crack down on fraudulent MLM companies that have ripped off hundreds of investors in India by blocking their internet sites and tracking their online bank transactions. (more…)
Blog
-
News Update: Nmart Retails are Shutting Down
One after another Nmart Retail stores are shutting down. Some of the stores got shut down because of unavailability of products and others due to the payment issues with the main Nmart Retails management. (more…) -
The StemTech Bangkok Asian convention:Soon Coming To India
The StemTech Bangkok Asian convention
What a great convention, what an advanced company, what an advanced cutting edge Stem Cell technology. I think StemTech must have the greatest health discovery and business opportunities of our time. (more…)
-
Why You Should Work Smart Not Hard in MLM
If you are seeking effective MLM systems but have actually not located one that helps you yet, you need to read on. You see, the traditional “traditional” method of running a network marketing company might have worked years ago, however it may not be as efficient today. There are lots of mediums that you could make the most of and for this reason increase your efficiency. By the end of this post I hope you will certainly have a better understanding of just what I am talking about right here. (more…)
-
3 Books Every Network Marketer Should Read
3 Books Every Network Marketer Should Read
Knowledge is undoubtedly power, especially in network marketing. Those who are quite intellectual can devise ways to get what they want. That is one advantage of having a vast knowledge of how the world works, especially how the business world clicks. With great depth on this kind of knowledge, people can do anything they want whilst earning money. (more…)
-
SpeakAsia Investigation, It will take more time: Corporate Affairs Ministry
The Corporate Affairs Ministry has come to a conclusion that probe into alleged fraud at SpeakAsia can take even more time due to legal difficulties.
The Serious Fraud Investigation Office (SFIO), under the Ministry, is probing the claimed irregularities at Singapore – based multi-level marketing company SpeakAsia.
In response to a Right to Information (RTI) inquiry on the issue, the Ministry stated the time frame for finishing the SpeakAsia probe is yet to be quantified.
“Investigations into the affairs of the business SpeakAsia Online Pvt Ltd is not yet finalized and due to various legal issues associateded with carrying out examination of a foreign business having operations in India, the time frame for completion has not been quantified,” the Ministry has stated.
As of now, there is no clearness on whether it has the powers to probe irregularities of a business, which is signed up overseas, but has operations in India also.
The investigation agency is awaiting explanations on the issue from the Corporate Affairs and Law Ministries. (more…)
-
Bollywood Actor Rajpal Yadav Investigated:Speak Asia scam
Bollywood comedian Rajpal Yadav was questioned by EOW after a probe into Speak Asia scam a multi-level marketing fraud. EOW suggested that two brothers might have partly funded the actor’s yet-to-be released film, authorities said today. (more…)
-
India All Set For New Strict MLM Laws
The government of India is close to settling brand-new regulations for multi-level marketing firms in India and is also working on early warning system to prevent MLM company frauds.
The Serious Fraud Investigation Office (SFIO) — under the corporate affairs ministry– is working on a very early caution system that might assist in preventing company scams. Corporate affairs minister Veerappa Moilly claimed that the SFIO has actually established a home computer lab for this. (more…)
-
सरकार ने मल्टीलेवल मार्केटिंग(MLM) कंपनियों के व्यापार को अप्रत्यक्ष रूप से झटका
सरकार ने मल्टीलेवल मार्केटिंग (MLM) कंपनियों के व्यापार को अप्रत्यक्ष रूप से झटका देते हुए उत्पाद बिक्री के एवज में एजेंटों को दिए जाने वाले इंसेंटिव पर पाबंदी लगा दी है।
मल्टी लेवल मार्केटिंग कंपनियां उत्पाद की कीमत के अलावा अन्य किसी भी तरह का कमिशन या प्रोत्साहन राशि नहीं दे सकेगा । कैबिनेट ने राज्य में डायरेक्ट सेलिंग बिजनस में लगी मल्टीलेवल मार्केटिंग कंपनियों के नियमन के दिशा निर्देशों को मंजूरी दे दी है। (more…)
-
RCM News: Trilokchand Chhabra Released on Bail
Today RCM chairman Trilokchand Chhabra finally got bail and was released from the prison. All RCM associates are very happy about the progress. (more…)