MLM News

Tag: mlm business

  • Network Marketing in India

    Network Marketing in India

    Compiled by Pankaj L Shah

    World over Net­work Marketing has be­come a successful concept that em­powers ordinary people to turn into successful entrepreneurs. Ba­sically, this concept is about dis­tributing products directly from the manufacturers to the end consum­ers, thereby doing away with the traditional channel of distributors, wholesalers and re­tailers. Thus, the consumers get the entire benefit of direct selling. As per the latest fig­ures, Network Marketing is today a more than US $ 100 billion in­dustry (more…)

  • Now Submit Your MLM Complaint

    Now file your MLM complaint online. Due to the loop holes in the law every day gullible people are getting cheated by fraud network marketing companies all over India. These frauds are done in various ways, like by offering monthly high returns in cash, gold, surveys but when these network marketing companies vanish out of thin air, people have no where to get justice.

    People who are doing MLM (Network Marketing), need external assistance from time to time but the irony is that there is no mechanism to safe guard their interest. There is no proper way to complaint either to the government agencies like police or Economic offence wing of respective states.

    From past few years, frauds in MLM have increased many folds. Actions on such frauds have always been late and it never delivers any result in time.

    After looking at this important issue we have launched a forum where you can file you complaint. There you can submit your compliant in detail. Issues such as related to payouts, wrong info about products and services offered by the company etc..

    You just have to register yourself with the forum which does not take time and submit you complaint. Do submit your complaint in detail and we will do our best to get the results from the concern company.

    If you have faced any such issue, you click here and submit your complaint.  www.MLMComplaints.In

     

     

  • Biggest MLM Scam In India Till Date

    If reports of Economic Offence Wing of Mumbai  are to be believed this MLM scam could be the biggest MLM scam in the history of network marketing in India. Economic Offence Wing of Mumbai in the recent statement said that Speak Asia fraud is of Rs.2300-2400 crore and the value of the reward points is around Rs30000 crore.

    Speak Asia collected more than Rs.2300 with a period of 18 months and the current liability is around Rs.30,000 crore.

    Some panelist approached Supreme court, where final verdict is yet to come.

    Government agencies such as Enforcement Directorate (ED), the income-tax department and the Serious Frauds Investigation Office (SFIO) are independently investigating the fraud.

    “The SFIO report should be out in December. The ministry (MCA) feels the culprits will be nailed after that,” said a senior MCA official, who did not want to be identified.