Whether you work alone as an entrepreneur or as a part of a startup or an eCommerce website representative, networking marketing is worth looking into. In short, network marketing represents a unique and personal method of sales and advertisement. According to statistics, network marketing has shown consistent growth across the US, with average income for […]
HOW FRAUDSTERS ARE ABUSING THE MLM INDUSTRY
There a big difference between multi-level marketing companies which promote products and which build a network through a pyramid scheme. In fact, the latter makes money only when people sign up to use the products for themselves. According to many industry experts, the overall success of everyone depends on the ways in which the individuals […]
e-Chat Final Round of ICO Is On, Stay Tuned
e-Chat is a beloved decentralized messaging app that is highly appreciated by millions of users worldwide. Since October 2017 e-Chat team has been running ICOs and the launch of the Third Round, and at the same time, the last one is scheduled on January 8, 2018. The coming ICO brings many surprises and one of […]
500 CR Webwork Scam: Shah Rukh, Nawazuddin Under CBI Scanner
The FIR registered against the Webwork on Tuesday by the CBI does not mention Shah Rukh or Nawazuddin as either accused or suspects. The CBI has taken over the probe into the Rs 500 cr online cash-for-click scam. The online ponzi scam, to be investigated by the CBI, was being run from UP’s Ghaziabad district […]
OneCoin – Ponzi Scheme investigation in India
Key Highlights: Onecoin investigation in India by the EOW Four bank account uncovered with ₹19 crores and ₹5 crore approximately The Government of Hungary is investigating OneCoin, a cryptocurrency investment scheme as a fraudulent Ponzi Scheme. German Regulators have also ordered OneCoin to ‘Dismantle their Trading System‘ The Economics Offence Wing investigates OneCoin in India […]
All You Need to Know About BitConnect Coin
If you are a Bitcoin and other cryptocurrency enthusiasts, there are a lot of positive developments happening. This Thursday Bitcoins traded at 1,20,00 INR/$1800 and broke all previous records. The reason behind this gain of more than 13000 INR/ $200 in last 15 days is the increasing demand from around the world. This recent trend added around […]
Network Marketing Companies seek protection under Consumer Protection Act
Network Marketing and Direct Selling companies in India are facing a lot of problems while operating in the Country. The current provision of criminal proceedings in the case of discrepancies is hampering the growth of these companies in India. Hence these Direct selling companies have urged the Indian Government to extend protection under the Consumer […]
All you need to know about the Legal Status of bitcoin in India
The recent incident where the major Indian newspapers have misrepresented the issue of the legality of bitcoin in India has sparked an urge to call for the Indian government to clearly state its position on the legitimacy of bitcoin. Status of Bitcoin’s legality in India Last week, an Indian News Media incorrectly reported that the […]
SC Grants Bail to Ferreira and Stays 19 Qnet FIRs
Key highlights: Stay on 19 Qnet FIRs by the Supreme Court Micheal Ferreira and Malckolm Noser Desai granted bail Supreme Court stay order brings a relief to Qnet The decision of the Supreme Court brings a relief to Qnet as the Supreme Court passed a stay order in all the 19 FIRs against the direct […]
ED Attaches Assets Worth Rs 35 cr of Two MLM Companies
The Enforcement Directorate (ED) has attached assets worth over Rs 35.84 crore of two MLM companies running Ponzi schemes in Chennai and Odisha, an official said. The move was part of the ED’s crackdown against private companies running Ponzi schemes in different states. The economic law enforcement agency took the step under the Prevention of […]
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