Mumbai : Speak Asia Financial advisor, Sanjeev Dandona confessed that Speak Asia was indeed running a ponzi Scheme. and the plan was based on a ponzi scheme. Sanjeev Dandona was financial advisor to Speak Asia and he was the main man behind the transfer of money from India to Singapore.
Don’t let Pyramid Schemes loot your money…
Seminar details: Every year, tens of thousands of “Double-your-money” schemes which offer instant riches are eating into the savings of people. These schemes (also called Ponzi or pyramid marketing schemes) are banned in many countries. But in India, they fly below the radar because of ineffective legislation and burn a big hole into […]
Speak Asia Surveys were Fake
Mumbai – Mumbai police during the on going investigation on Speak Asia came to know that Speak Asia surveys were fake. All the surveys were outsourced and copied either from Wikipedia and other online websites. This finding by Mumbai police has established that these surveys were never done for any client from abroad. The EOW […]
RMP Infotech Under Police Investigation at Chennai
Chennai: RMP Infotech Under Police Investigation at Chennai. The whole issue is being probed by the police of Chennai. Police is already collecting evidences against the accused. During the investigation police arrested there persons from Guntur and Vijayawada under Prize Chits & Money Prevention (Gambling) Act, 1978.
CID taking Interpol help on Speak Asia Alleged Scam
New Delhi (mlmnewsblog) – Speak Asia panelist are worried and there is no immediate help from the Speak Asia management and neither from the courts. Now the Crime Investigation Department discovered that all money collected by Speak Asia was routed out of Singapore. On this issue CID has sought help from Interpol, investigations also revealed that Speak […]
Kerala First Indian State to Set Guidelines For MLM firms
New Delhi (mlmnewsblog): Kerala Became first Indian state to set guidelines for MLM firms. All this came after series of MLM scams happened in Kerala. Gullible people lost to the tune of thousands of crore in MLM investment schemes. In one such MLM scam, a company called Tycoon Empire International scammed is said to be around around Rs.1000 crore. After […]
A Message For All Indians
* * * * * Glory to Mother India * * * * * We are with you * * * * * Tough law against corruption and corruption of entire country’s should be brought under Janlokpal. We must support Anna Hazare in this movement . Anna Hazare’s key ally on the issue, Arvind Kejriwal has […]
How to Become an Attractive Network Marketer
Becoming an attractive salesperson has never been easy, but after an economic recession marked by dropping demand for lots of consumer products, making buyers come to you can seem like a tougher battle than ever. Luckily, attracting customers to your product or recruits to your business isn’t too different from attracting people to you in […]
One more arrested in connection with Speak Asia scam
Mumbai (mlmnewsblog) – Mumbai city police arrested one more person connected with Speak Asia, the name of this person is Rahul Shah, vice president of Tulsient Information System Pvt Ltd, a Business Process Outsourcing (BPO) unit that looked after Speak Asia’s financial affairs. Now the total figure has reached to 6.
Live The Dream Event
Google+ hangout of the year Date: Wednesday, August 10, 2011 Time: 4:00 PM PST / 5:00 PM MST / 6:00 PM CST / 7:00 PM EST For more time zones, please see the Time Zone Converter. That’s right! Mark your calendars for this Wednesday, August 10th at 7 PM EST! == > LET ME IN THE […]