Andhra Pradesh High Court dismisses the writ petition of RMP
Justice Samudrala Govindarajulu of Andhra Pradesh High Court last week dismissed the writ petition filed by the fraudulent multilevel marketing company Resource Money Power Infotech a.k.a. RMP after...
View ArticleMoney Circulation under Multi Level Marketing Scheme: RBI
The Ponzi and Multi-Level Marketing (MLM) schemes fall within the purview of ‘Money Circulation’ which is an offence under the Prize Chits and Money Circulation Schemes (Banning) Act, 1978. That Act is...
View ArticleAndhra Pradesh High Court dismisses RMP Infotech writ petition, disallows to...
HON’BLE SRI JUSTICE SAMUDRALA GOVINDARAJULUCrl.P.Nos.9771, 10597, 10603, 11729, 12472, 12476,12610, 12913 of 2011 and W.P.No.17544 of 2012COMMON ORDER: Crl.P.No.10597 of 2011 is filed by A.5 in...
View ArticleIn the name of ducks, consumers lost several crores
Consumers need to think twice when someone approaches them with the offer of 'good business opportunity' or 'good investment opportunity'.Duck Development Society is a classic example to study how easy...
View ArticleTupperware indulges in illegal multilevel marketing
Tupperware is another American company which set foot in India in the name of direct selling after liberalization was introduced in the country. It also claims like other members of Indian Direct...
View ArticleGopal Shekhawat accused in several cheque bounce cases earlier
This is the letter I have received from Surat-based businessman Deepak Jariwala who filed criminal cases against Gopal Shekhawat for not paying the dues. The bounced cheques were issued in 2008. It is...
View ArticleAP High Court cancels anticipatory bail granted to Gopal Shekhawat
The anticipatory bail granted by the Prakasam district court to NMart chief Gopal Shekhawat was cancelled by the Andhra Pradesh High Court on Friday.Justice Seshasayana Reddy chided the Prakasam...
View ArticleKerala Crime Branch seizes Rs 3 crore worth goods, two Multilevel Marketing...
The Economic Offences Wing of the Crime Branch, Kozhikode, conducted raids and seized goods worth Rs 3 crore from offices of three multi-level marketing companies operating here on Monday.According to...
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Herbalife Side EffectsSome people experience unpleasant side effects when using various Herbalife products. Bloating:If you experience bloating, try changing the portion size to reduce this feeling....
View ArticlePACL office raided in Thalassery in Kerala
A team of Crime Branch sleuths have sealed the office of Pearls India Limited (PACL), a real estate development firm, here after a day-long raid on its premises in connection with a case registered...
View ArticleCNBC's Selling the American Dream
CNBC got into the murky world of multi-level marketing and came up with a 30 minute program called 'Selling the American Dream'. You can check out all the details here
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Muhammad Yunus - too naive, and now too implicated, to recognize 'Multi-Level...
http://www.moneylife.in/article/90-of-herbalife-and-nu-skin-distributors-make-no-money/25635.htmlAlex Counts, president, CEO and founder of Grameen Foundation.http://www.grameenfoundation.org/node/210...
View ArticleBangle to cure ailments unveiled in Delhi
Here is a great story published with New Delhi dateline. Our journalists are so naive that never ask a reasonable question in the press meets. Not surprisingly, a member of Parliament and...
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Indian 'Herbalife' schill quotes Mao!
Here's some much-needed comic-relief for readers:A deluded 'Herbalife' fanatic from India (who hasn't disclosed his/her name) has sent me a link to this recent, kitsch propaganda video (apparently...
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IN THE HIGH COURT OF JUDICATURE OF ANDHRA PRADESHRMP INFOTEC PVT.LTDVSTHE STATE OFAP.,REP BY PP.,HC.,HYD & 4 OTHERSHON’BLE SRI JUSTICE SAMUDRALA GOVINDARAJULUCrl.P.Nos.9771, 10597, 10603, 11729,...
View ArticleA desert called Sahara in African continent
UPDATE: This is a post about a desert called Sahara. And a fictional account of how it would be if the desert suddenly came to life and started cheating people in India. This is NOT about any Indian...
View ArticleAmway India suffers setback in AP High Court
Amway India has once again received an earful from the Andhra Pradesh High Court on Monday when a larger bench took up the writ petition filed by the tainted company.Let us recall what the writ...
View ArticlePACL aka Pearls once in again in headlines
The dubious real estate company Pearls popularly known as PACL once again hit the headlines on Monday with the Crime Investigation Department of Andhra Pradesh launching investigation into the real...
View ArticleAmway India faces rough weather at National Consumer Commission
The month of February, it seems, is a very bad month for Amway. On February 20th, Amway India faced very embarrassing situation in the Circuit Bench of National Consumer Disputes Redressal Commission...
View ArticleThe bubble of finance company Abhaya Gold burst
Corporate Frauds Watch has been warning people for the last two years that the bubble of finance companies like Abhaya Gold, Akshaya Gold, Agrigold and others would burst once the new deposits trickle...
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