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BJP convener seeking FIR against Speak Asia at Indore

By Ak Sharma | Published on 12:26 PM

Madhya Pradesh (mlmnewsblog) – Manoj Singh, the Madhya Pradesh convener of BJP today submitted a memorandum to the Superintendent of Police of the Economic Offences Wing (EOW), which was later confirmed by Investment Cell Mukesh Singh Rajawat. In the memorandum, Manoj Singh is seeking an FIR to be registered against Speak Asia  for the alleged scam.

Is Network Marketing or MLM legal in India?

By Ak Sharma | Published on 2:36 PM

New Delhi(mlmnewsblog) Dear fellow networkers, is Speak Asia a fake company? Now it’s a million dollar question but the real question is, does network marketing or MLM legalized in India? The answer is not yet. What is going on in India? If an MNC company or an Indian MLM company is given ROC, open offices and […]

Red Corner Notice against Speak Asia Global Head, Haren Kaur

By Ak Sharma | Published on 12:26 PM

Mumbai (mlmnewsblog): The economic offences wing (EOW) during the initial investigation found that people have lost Rs 14,000 crore in SpeakAsia’s schemes from all over India. EOW is also collecting information on global Head, Haren Harinder Kaur to issue Red corner notice against her and more arrest will take place in coming days.

Mumbai police arrested Speak Asia’s ‘Panelist’

By Ak Sharma | Published on 12:26 PM

Mumbai (mlmnewsblog) – Today Mmumbai police arrested Speak Asia’s ‘Panelist’. The name of the panelist is ‘Dipankar Sharma’ who was picked up from Raipur, brought to Mumbai and was arrested. He was also among the first persons to invest in the scheme of Speak Asia Online. By now the total arrest figure have reached to […]

Mumbai Police arrests Speak Asia COO Tarak Bajpai

By Ak Sharma | Published on 2:24 PM

The economic offences wing of Mumbai Police’s crime branch has arrested the chief operating officer (COO) of Speak Asia Online, Tarak Bajpai. Bajpai was arrested and taken into custody by the crime branch officials in Indore around 2 am on Friday and was taken to Mumbai for further investigation.

CID freezes Speak Asia’s bank accounts at HYDERABAD

By Ak Sharma | Published on 12:26 PM

HYDERABAD: Making it clear that Indian money will not be allowed to be sent to foreign shores during the pendency of the case, a division bench headed by Chief Justice Nisar Ahmad Kakru on Monday set aside a restraint order that had prevented the CID from freezing the money of Speak Asia Online company, a […]

Beware of Mobile Phone Scams by SMS and Miss Calls

By Ak Sharma | Published on 2:24 PM

mlmnewsblog – Next time you get a miss call from some unknown international telephone number, do not end up calling back. people are loosing as much as Rs.100 a minute, some international scamsters have found a way to scam people all around the world through mobile phones. This time these scams are done by giving […]

MCA orders investigation on Speak Asia

By Ak Sharma | Published on 2:24 PM

MCA orders investigation on Speak Asia. New Delhi (mlmnewblog) – The Registrar of Companies (RoC) has been given go ahead by the ministry of corporate affairs (MCA) to investigate Speak Asia. The same was also confirmed by D.K. Mittal, secretary, MCA. He said that an investigation has been initiated but the top officials of Speak Asia denied […]

ROC Report on Speak Asia

By Ak Sharma | Published on 12:26 PM

New Delhi (mlmnewsblog) – Registrar of Companies (ROC), under Ministry of Corporate Affairs submitted its report on Speak Asia Online. In the report ROC found that Speak Asian Online Pte. Ltd. a Singapore based company Violated Section 591 in The Companies Act, 1956 according to the act, companies who are incorporated outside India and Still […]

Further delay in the transfer of commissions: Speak Asia

By Ak Sharma | Published on 2:24 PM

Due to legal tangles, Speak Asia is going to delay the transfer of pending commission. The pending commission amount is said be around Rs.1900 crores till date. Many Speak Asia panelist were saying that bank transfer of commission will start from 27 July, but we have received information from a source that there will be more delay in the […]

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