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Moneylife Foundation sends representation to PM, FM and RBI urging ban on MLM schemes

By Ak Sharma | Published: May 18, 2011

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!

By Ak Sharma | Published: May 17, 2011

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 […]

Bank accounts of Speak India have been frozen

By Ak Sharma | Published: May 16, 2011

Moneylife investigation revealed how Speak Asia was transferring money from India to Singapore, now banks have frozen speak Asia’s bank account due to the foreign exchange violation.

Speak Asia Online Press Conference News update

By Ak Sharma | Published: May 16, 2011

In the press conference, Speak Asia did not give any clear answers to the journalist present there. Instead they were putting allegation on Star Panel, which everyone knows that it is free to join, where speaking Asia is charging money to become a panelist. During the Goa Gen X Bazar conference company had said that Airtel, Nestle, Bata, […]

Aaj Tak Exposes Speak Asia Scam

By Ak Sharma | Published: May 14, 2011

One after another, news channels are exposing Speak Asia scam. Some people in Speak Asia were saying that Star News had personal agenda in covering negative news about Speak Asia. Now Aaj Tak has covered a news where they have completely exposed Speak Asia’s claim. Aaj Tak, during the investigation also came to know that […]

Speak Asia in trouble after Star News Coverage

By Ak Sharma | Published: May 14, 2011

MLMNewsBlog Editor Have you ever played the game of falling down dominoes or a card game, where we make a pyramid. A slightest blow can destroy your game. If you plan to play it, be careful. Speak Asia, one of the most promising MLM company has been severely hit by the recent Star News Coverage. If you have seen […]

Star News – Speak Asia Online News report, Legitimate or a Scam?

By Ak Sharma | Published: May 12, 2011

Star News – Speak Asia Online News report, Legitimate or a Scam.   In India we cannot call a concept a scam unless it happens and when a scam happens, no body is there to help. From past two months, most media organizations have covered news reports on Speak Asia Online and most say that it […]

Reserve Bank of India (RBI) is contemplating action against Speak Asia Online

By Ak Sharma | Published: May 11, 2011

Cheaters in paradise: True lies of SpeakAsia’s Goa bash May 11, 2011 06:12 PM | The progress of this MLM company reminds one of the Home Trade scam, where the company used mega celebrities like Sachin Tendulkar and Shah Rukh Khan to gain publicity, before duping several people, including the stars Many agents of SpeakAsia, […]

Things to know before making money from online surveys firms

By Ak Sharma | Published: May 9, 2011

May 09, 2011 11:34 PM |MLM News Blog Editor Things to know before making money from online surveys firms. By now someone must have shared that how easily one can make online income by just taking few online surveys, which pays you around Rs.900 a week. There is just one simple requirement to become panelists of […]

33 Chit Fund companies sealed at Gwalior – Madhya Pradesh(M.P)

By Ak Sharma | Published: May 7, 2011

May 8, 2011 01:42 AM, 33 Chit Fund companies sealed at Gwalior – Madhya Pradesh(M.P). Administration and police in the city, with a combined team on Monday did raid over two dozen of corporate offices of Chit Fund Companies and seized a large number of records. The records related to the business of these companies have […]

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