Country’s famous Multilevel Marketing Company RCM has come into limelight, all for the wrong reasons, a fraud of about two thousand crore has been reported. The company has nearly 10 million customers across the country. The establishment of RCM started from Bhilwara in Rajasthan in 2000. MD of RCM, Trilokchand Chhabra introduced the company over three thousand outlets […]
Santa Banta takes on MLM
If you know little bit of punjabi, you will enjoy this hilarious piece by Santa and Banta. On a lighter note, enjoyed. Forward it to your friends, if you like it.
Why You Should Pay to Advertise for Your MLM Business
There two ways of doing advertising, free and the paid one. One should start with free advertising over the internet to understand the value of advertising. Generally free adverting on MLM classified, social network websites delivers some results but lot of hard work is needed and it is also time consuming. Your focus should be on generation […]
Rajasthan rocked with recent MLM frauds
Jaipur: In recent two MLM Investment scams happened at Rajasthan, people have lost around 500 crore. Two MLM Investment companies Eve Miracle and Goldsukh have duped people of Rajasthan and Madhya Pradesh. Both companies were operating since 2008. The whole issue of fraud came into limelight when Goldsukh stopped issuing regular payments to the investors. […]
Sebi wants to take Control over MLM Companies
New Delhi: In recent time many multi-level marketing companies have mushroomed all over India and few have even duped gullible people with millions of rupees. Recently in a Sebi board meeting where the ministry of corporate affairs and finance, and the Reserve Bank of India (RBI) participated. During the meeting, they discussed how they should monitor such MLM ponzi schemes. […]
ED finally charges Speak Asia with money-laundering
ED finally charges Speak Asia with money-laundering. Enforcement Directorate (ED) has booked Speak Asia under the Prevention of Money Laundering Act (PMLA) for allegedly sending Rs 900 crore out of the country, disguised as remittances. ED will soon investigate the involvement of office-bearers. There was no response from Speak Asia.
Biggest MLM Scam In India Till Date
If reports of Economic Offence Wing of Mumbai are to be believed this MLM scam could be the biggest MLM scam in the history of network marketing in India. Economic Offence Wing of Mumbai in the recent statement said that Speak Asia fraud is of Rs.2300-2400 crore and the value of the reward points is around Rs30000 crore. Speak Asia collected more […]
President Bill Clinton endorses network Marketing (MLM)
President Bill Clinton endorses Network Marketing (MLM). He explains how direct selling helps American economy. Our point is that many people see Network Marketing with suspicion, but if laws are made strong like in America, then direct selling could become quite huge. Watch the video where president Bill Clinton endorses network Marketing (MLM).
Robert Kiyosaki Talking about Rich Dad, Poor Dad
Robert Kiyosaki is well known name in network marketing. He became famous after his best selling book” Rich Dad, Poor Dad”. Robert Kiyosaki talked about why rich are rich and poor are poor forever and how direct selling can help you in longer run. If you get more time, it’s my recommendation to you to […]
Why do Most People Fail in MLM
New Delhi – Do Most People Fail in MLM? Yes this is true. Some industry people say that only 5-7% people become successful in Network Marketing. Then what happens to rest. Watch this video.
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