INDIA MLM - NETWORK MARKETING IN A MORASS
Sept 2008 – India is in disarray over the lack of MLM laws or guidance. The public is calling for clarification. Over three years ago, the MLM Watchdog contributed to a book that the University of Prue (India) was putting together. This book was to review world-wide standards based on common sense about MLM legal requirements. It was to go to the Indian Parliament. Years have passed, and no standards have developed in India. Scams are worse than the U.S. or Singapore in the number that thrive on Indian streets. .http://economictimes.indiatimes.com/Analysis/Remove_policy_ambiguity_on_direct_selling_industry/articleshow/3483601.cms
GOLD QUEST BEING SHUT DOWN
July 2008 - At last, the evil gold quest being shut down, no customers and a binary that is a pure money pumper.
Gold Quest Chennai Complaints Rise
SRI LANKANS CAUGHT IN WEB PYRAMID
October 2006 – A Ponzi-style scheme masquerading as a key punch outsourcing company scammed people out of millions of Ruppes. The scam Seagullsoftwares packed up bags in the dark of the night and left the country.
MLMIA TO BOOM IN INDIA
June 2005 – The Multi-Level Marketing Association has implemented it’s Global Expansion Plan to expand It’s reach to India after setting up a base in Singapore. N. Khanagendrran, President and Chief Executive Officer of Chennai-based Conybio Healthcare (India), will be the President of MLMIA India. Ed. Note: your editor is Legislative Chair for the MLMIA and has already submitted material to a study being done in India on the implementation of MLM laws there.
INDIA HIT BY OLD US WORK FROM HOME SCAMS
May 2005 – These Non-MLM scams of work from home online have moved to India. These scams ask for money to get folks a work from home business for a fee. They get a worthless list. Worse yet, are Ad Placers online where there is no payment except for signing up other people that pay money to join. The scammers in India picked up the ideas after the US had already started throwing crooks like this in Jail. Too bad there is not an International Authority that can track the Intellectual transfer of scams between countries.
INDIA SOCIAL GROUP EXTORTS MLM COMPANY
21 April 2005 – A social group Chhava Sanghatana (which is like the Elks in the U.S.) attempted extortion on an MLM Company Samruddha Bhara, near Pune India. The extortionists asked for money and a car. The police picked up the Extortionists and are investigating their claims again the MLM Company. Ed. Note: Extorting MLM companies is a common occurrence in India
POLICE BORROW MONEY? FAT SCAM!
Aug 2004 – Borrowed money my foot!! Long held in MLM lore is that if you want to run a scam in India or a legit MLM is that first you get the local police to take a pay off!!! They then report you to the national government as having been inspected and legal. Even if it is a SCAM! The Indian National Government is INFECTED at the roots! So if your company is going into India expect local payoffs to the police to be on the National roster of legit companies! Hang on Lust and Money! > http://newstodaynet.com/21aug/ld4.htm
HISTORICAL INDIAN FAN COMPANY GOES MLM
April 2004 - Kedia Stride a spin-off of Kedia fans very intelligently started an MLM company with consumables for a back end since fans last too long! Kedia fans are used throughout the orient and are a legendary name. This shows the power of MLM as a divisional diversification for major companies worldwide. http://newstodaynet.com/17apr/bu8.htm
CHARGESHEET READY -- POLICE MOVING IN
Apr 2004 -- The police started action last week on Wednesday. This appears to be the largest scam ever pulled by one single company in Chandigarh. This rollover Pyramid scheme which duped almost 27,000 persons sent shockwaves through the whole country. The pyramid scheme was to roll people into new companies and take the money of the people who made money in the small pyramids.
NEW GOLD SCAM REPORT FROM INDIA!
- Prime Goldbiz has worked its way into the U.S. It looks a lot like the old Gold Unlimited Binary plan that was shut down by the Feds! There are NO profit margins in gold it is a "commodity" so it is hard to mark up gold and sell it to customers! Prime GoldBank, a UK-based company is supposedly behind this one and is fool buzzing newbies with financial terms. Here is a report from India on the Goldbiz pyramid scheme scam! Slow load website!
MLM IN INDIA IS GOOD THESE SCAMS AREN'T - USE THIS TO LEARN TO STOP SCAMS THAT HURT THE LITTLE PERSONS.
EDITORS NOTE INDIA
India is a great country with nice people. MLM has been legal there since 2000. They are still working on how to define pyramid scheme vs true MLM. It is a little like the wild wild west. In Bombay 5 miles of a street that are door to door MLM companies. People walk down the street window shopping for an MLM company to join! There are many Good MLM's in India.
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This page was last updated on: November 23, 2009
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