Published: Wednesday, Feb 16, 2011, 15:25 IST By Himansh Dhomse | Place: Ahmedabad | Agency: DNA Remember the 2008 US recession that left the world in an unprecedented financial crisis? At the root of it were several Ponzi schemes that eventually went phut and plagued the US economy impacting global economy.It seems that even Ahmedabad […]
Promising windfall, delivering MLM Scams
New Delhi: Hundreds of depositors have been lured with promise of windfall profits that vanish into thin air.Watch out for multi-level marketing schemes luring investors with unusually high returns as it might just be just a ploy to launder money. As per a government report, use of bank accounts by multi-level marketi ng (MLM) companies […]
Multi-level marketing schemes illegal: High Court-The Hindu Newspaper
Tamil Nadu – Chennai Multi-level marketing schemes illegal: High Court By Our Staff Reporter CHENNAI, JAN. 25, 2005. The Madras High Court has ruled that the multi-level marketing (MLM) scheme, by whatever attractive name it is called, is illegal, and that the Director-General of Police and other law enforcing authorities must have “a watchful eye […]
A must read for mlm Leaders
This article was submitted to by an MLM Analyst,JIGNESH BISCUITWALA GUJARAT जय मातादी यह मेल को अपने मित्रो को फॉरवर्ड करे | कुछ हमारे मित्रो उनकी आमदनी के लिए हमें फसाते है | हमे उनसे बचने हमारा दिमाग लगाना चाहिए | किसी पर भरोसा करना अछि बात है अंधविश्वाश करना गुनाह है | ऑनलाइन सर्वे, […]
Beware of these MLM companies
Hemant Kumar Rout, TNN 5 August 2009, 10:47pm IST| BALASORE: The state Crime Branch on Wednesday claimed to have busted a multi-crore scam involving fake marketing companies and chit funds. Police said they have frozen bank accounts worth Rs 107 crore and arrested one person in this connection.SP (Crime Branch) Santosh Bala said sleuths from the […]
RBI flashes red signal at MLM companies
RBI Website Mumbai: The operations of shady multi-level marketing (MLM) companies — which operate what are popularly known as pyramid or ponzi schemes — have come under the regulatory scanner with shady MLM companies mushrooming across the country and duping investors. Many firms posing as MLM agencies for consumer goods and services have been actually […]
New Era of Network Marketing
New Era of MLM has started. If you really want to be succeed then mustupdate yourself with the new emerging strategies. There was a timewhen MLM associates use to do door to door preaching about theircompany’s product and of course business opportunity, but now with thehelp of internet MLM associates are meeting new people from […]