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QNet seeking court intervention to challenge the ban

By Anil kumar Sharma | Published on 4:31 PM

QNet seeking court intervention to challenge the ban

QNet franchise moves court against ban #QNet #CafeCoffeeDay #VihaanDirectSelling #MLMScam Almost 2 months after the Mumbai authorities ordered cafe Cafe Coffee Day (CCD) to close doors to representatives of Hong Kong-based MLM  company QNet. Now one of its franchises has actually challenged the restriction in the Karnataka high court. Vihaan Direct Selling (India) Pvt Ltd […]

New Zealand national, three associates arrested in fraud case

By Anil kumar Sharma | Published on 6:05 PM

New Zealand national, three associates arrested in fraud case

#MLMNews #NetworkMmarketingFraud #MohammedKhurram #KiranModi #HiteshModi The Central Crime Branch (CCB) sleuths busted a network marketing fraud with the arrest of four persons including a 52-year-old woman from New Zealand for allegedly duping people on the pretext of offering them memberships in a networking company. Based on a tip-off, a team of sleuths approached the company executives […]

More complaints pilling against shopcard.biz

By Ashish Kumar | Published on 11:16 AM

The number of complaints against the fake online shopcard.biz company is increasing day by day. More people who have lost their income and have deposited capitals are showing their rage against the fraud business prototype. Numerous complaints against B Kumar Soni, Marketing And Sales Head, shopcard.biz  have been registered. shopcard.biz was basically dealing with the investment plans with […]

Hope Entrepreneurs Under Suspicion for Running Pyramid Scheme

By Ashish Kumar | Published on 10:05 PM

Well-known MLM leader Mehdi Rizvi has claimed that Hope Entrepreneurs Pvt Ltd have been running a hidden pyramid scheme. According to Rizvi the Hope group have been manipulating and luring people for profits in the name of multi-level marketing. Rizvi also mentioned in his information for his followers to not use this company’s plan as […]

Serious Fraud Investigation Office Suggests body to control fake chit funds along with MLM Companies

By Ak Sharma | Published on 2:38 PM

Chit Funds NEW DELHI: The Serious Fraud Investigation Office (SFIO) has strongly suggested establishing a body within the Central government to determine scams via chit funds and multi-level marketing business. A document put together by SFIO suggests the Centre should really keep an eye on virtually all multi-level marketing (MLM) plans via the administration directorate […]

Now Submit Your MLM Complaint

By Ak Sharma | Published on 12:27 PM

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 […]

Government asked, CBI to look into the operations of MLM companies

By Ak Sharma | Published on 2:35 PM

It is quite likely that soon there will be a strict regulation on Network Marketing in India. From past few years people have lost money to the tune of hundreds of crores in ponzi schemes. Now Consumer Affair Ministry has asked Central Bureau of Investigation (CBI) to look into the operations of MLM companies.

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

By Ak Sharma | Published on 2:34 PM

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 […]

Why do People Fall into the Scam Trap

By Ak Sharma | Published on 2:24 PM

Have you ever asked yourself that why do people fall into MLM scams? there could be many reasons. First, temptation of earning quick money, uneducated person, the lie is so big that we do not want to seek the truth.  In my earlier article ( Ask Powerful Questions), we must know our action. If actions taken […]

Woman dupes 28,000 citizens at VADODARA, flees with 2.13 crore

By Ak Sharma | Published on 2:32 PM

A news has come from Vadodara, this time, the scam is of Rs.2.13 crores. 28,000 people has been duped in Vadodara. This time scam was done daily house hold items like, oil, rice and dal. All this was done under multi-level marketing (MLM), where agents were paid commission for bringing customers. Police have registered a case of cheating […]

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COMMENTS

  • Navigating the Maze of MLMs in the Beauty Industry: What You Must Know » MLM News on Things to Know Before Investing In MLM
  • Navigating the Maze of MLMs in the Beauty Industry: What You Must Know » MLM News on Direct Selling sector as a retailing medium in India is yet to gain momentum
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