Facebook has started a new feature where you can ask questions to your friends, it could be an advice, some suggestion, or you can ask for a new restaurant at in the town. This new interactive feature has something for everyone. The moment I came across this feature, I too asked some questions to friends. […]
How to keep you safe from MLM scams
Some consider that there are legitimate Network marketing companies which have good MLM business plans that last for long and along with them every year we see scammers in MLM come up with tailored made plans to cheat people. It has not been long, few years ago; someone came up with non-working or growth plan. […]
Another MLM scam in the happening, this time under the pretext of an online survey
Moneylife Digital Team An MLM company that claims to be Asia’s largest online survey company, does not even have an office address or a telephone number but is offering to ‘pay’ $10 just for filling out online surveys Speak Asia Online, which claims to be based in Singapore, is spreading its multi-level marketing (MLM) wings […]
Bangladesh MLM alliance calls for regulation of MLM
Due to a combination of government policy, the time required for a thorough investigation to be carried out and the inevitable appeals process, it’s all too well known that there’s often a large disconnect of time between the establishment of an MLM company, and a regulatory body investigating it. At the heart of a scam […]
The truth about Networking & Multi Level Marketing ventures: Greed…plain greed all the way
Lai Loyumba (This article was written and sent to various newspapers about 3 years ago at the height of networking & MLM but pity nobody published it or else it may have helped saved at least some people from these financial scams, broken homes & broken dreams) Picture this scenario… in the outskirts of Imphal […]
MLM, the bug of Manipur economy
Sir, The small and remote state, Manipur, is flooded with different network marketing. With the acute problem of unemployment and in search of easy means of livelihood people have fallen prey to fraud Agencies and Network Marketing. In want of Quick and Easy Money, without giving the slightest thought, people are easily tempted to investment […]
MLM scam: One more held at AHMEDABAD
AHMEDABAD: Bapunagar police made the third arrest in the multi-level marketing scam where four brothers and their relatives duped people of over Rs 20 crore. According to city police, Alpesh Vasoya, one of the brothers, was arrested from CTM crossroads on Monday afternoon. “He had come from Vadodara in a bus and was looking for a […]
Man held for Rs 100 cr fraud in Delhi
JAIPUR: A man accused of duping people of nearly Rs 100 crore through his multi-level marketing company was arrested by the Jalupura police on Friday. On the basis of mobile surveillance, a team nabbed him in New Delhi. According to deputy commissioner of police (north) Ashok Naruka, the accused Jitendra Saithwal is a resident of New […]
Is it possible to grow 1 Lakh into 5 Lakh in 12 months?
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 […]