Definitely not a good news for Speak Asians. All bank accounts of Speak Asia have been frozen by UOB Bank of Singapore in India and Singapore. The company is facing serious allegations of fraud and running ponzi operations. The reason for freezing of bank accounts was done due to the financial irregularities and foreign exchange violation.
Easy and Speedy, New way of doing Network Marketing
Facebook has become the new social medium for many across the world to interact, share, express and see each other’s faces. Some estimates that by 2012, there will be 1 billion people interacting on Facebook. It has become a very important tool for the network marketers to share things with people on Facebook. I must tell you one-thing, many are […]
Now Star News Exposes Ram Survey Scam
Star News has now exposed Ram Survey, this is their second scam reporting on survey scams. Earlier Star News had covered a report on Speak Asia Online. The news on Speak Asia created a lot of hue and cry among Speak Asians. After Star News many channels like Aaj Tak, CNBC etc, covered in-depth reports on […]
Win with Team or Die as Individuals
Network marketing has been a wonderful industry, many MLM Gurus have shared that, there can’t be anything better than network marketing, where you help others and in return you are helping your-self. Here relationships come first and money is just residual, companies come and go, but people stay here.People who are able to look beyond […]
Indian Direct Selling Association (IDSA) welcomes probe on Speak Asia
Lately many direct selling companies in India have asked government to look for a framework to regulate direct selling companies. The Direct selling industry projected at Rs 7,120 cr by 2012-13, till date there have not been a clear guidelines for the MLM companies. companies who are part of IDSA are saying that just because […]
Speak Asia can withdraw surveys anytime, says its legal advisor
Senior lawyer Ashok Saraogi has said that since Speak Asia is offering reward points for filling up surveys as an additional benefit, it can withdraw these if its contracts with its clients ends. Notably, not a single official from Speak Asia was present during the press conference called by its legal advisor in Mumbai. What […]
CEO Manoj Kumar & COO Tarak Bajpai’s video message to Speak Asians
The new CEO Monoj Kumar & COO Tarak Bajpai have given a video message to fellow Speak Asians that in this hour of difficulty don’t get misguided by media and the news. COO Tarak Bajpai’s video message have requested to all the panelist, that whereever they are sharing this wonderful business opportunity, do not use […]
Police Investigate Speak Asia Online at Mumbai
Mumbai, May 18, 2011 Speak Asia Online, is being investigated by Mumbai police while the Union government is mulling a serious fraud probe into its affairs.Authorities woke up after critics and investors of Speak Asia’s consumer survey-based business model smelt in it a “Ponzi scheme. The government may ask the Serious Frauds Investigation Office (SFIO) […]
Moneylife Foundation sends representation to PM, FM and RBI urging ban on MLM schemes
Moneylife Foundation urges the PM and others to completely ban MLM companies in India or bring these companies under the regulation of either RBI or SEBI. From past few years we have seen MLM scams at a regular interval, the scamster comes in disguise with get rich quick schemes. Kanakdhara, GoldQuest, StockGuru India and many such […]
The Battle among Speak Asia, Media and the Panelist!
Speak Asia’s press conference, raised many questions. Even company’s loyal panelist were not aware of many things like Speak Asia online is not a company but a panel service provider, the money they have paid to the company is for the subscription of e-magazine published by Speak Asia not investment. Many panelist are saying that they […]