SHRINIDHI HANDE writes from Madras: Not a year goes by without news of some company or the other, somewhere or the other, suddenly going under the water, and leaving “innocent” depositors in the lurch. It could be Bangalore or Bombay, Mysore or Madras.
This year, it is Madras.
Madras police have opened investigations on QuestNet/ Goldquest, a multi-level marketing (MLM) company, which, like every other MLM company, claimed to be “genuine” and promised windfall wealth creation for everyone involved at every level.
All went well, till there was, as usual, the twist in the tale.
So what gives?
Because most of the companies have some products to cover their money schemes, because there are no laws which disallow such operations, because MLM promoters manage to get some high-profile persons on board to show their credibility, all goes well during early months/years.
News of the wealth creation spreads like wildfire and thousands sign up.
Some early birds make pots of money. Seeing them buy luxury homes and cars only propels the greed of new entrants who start promoting the scheme with greater energy and aggression. But then, the market reaches a kind of saturation and it is not possible to enroll new members at the rate it was possible earlier.
This is when the trouble begins.
The concept of MLM survives on the belief that the chain can continue to grow sine die in a never-ending fashion and that existing subscribers do not leave. But unfortunately this doesn’t happen. As the saturation is neared, desperate members start resorting to unethical practices with a sheer greed of making quick money.
So what are the reasons MLM companies go phut so often?
1) Because members are all told that it is all very easy: Many prospective members are told, “You just invest the money, I will bring more people and enroll them under you. You don’t have to do anything”. Those who fall for these assuring words feel cheated if their friend fails to recruit people under him, resulting in loss of his investment.
2) Because members are given the wrong picture: “Use one credit card to make payment now. After 50 days, use ‘balance transfer facility’ and transfer the balance to second credit card. You’ll get three months’ time. This way you can get your money back.” But in most cases the member doesn’t recover his investment back in the first few months. Besides losing money he also ends up paying hefty credit card interest. This results in direct rage against the company and his up-line who suggested such an approach.
3) Because members invest their own money on behalf of others: Sometime, for specific reasons, members pay on behalf of their down-line (because both legs need to be balanced or because a person thinks his friend is very much capable of signing up people or other reasons), and sign-up people for free. This approach may not give expected results adding to frustration.
4) Because key facts are hidden from members: Many people hide several required facts from prospective members because their sole objective is to sign you on the spot. Some facts which are never disclosed: Both side needs to be balanced, maximum payable amount, annual charges, cancellation/refund policies, ongoing legal cases and other negative news, minimum amount of money you’re expected to bring in (by referring people under you) to get back your money, what rights you have/do not have as a member, etc. People discover some of these facts sooner or later. This results in a sense of betrayal.
5) Because new memberships are forced: Ideally you should make a prospective member aware of both positive and negative aspects of the business and let the person take his own time to decide. But more often than not, they are given only the positive side and are often forced to sign up on the spot. A hypnotic environment conducted by the up-line and faith in their friends may make people sign up on the spot but they may repent later for that.
6) Because the company does not take action against members involving in unethical practices: Ideally, a company is expected to terminate the membership of those who use unethical practises to promote the business. But we seldom hear such news. As long as money flows in, company doesn’t really bother about the approach used. (They rely on a well-crafted fine print to protect themselves in case something goes wrong). Only when things go out of control (like when someone files police complaint), they look for scapegoats.
7) Because there is a drop in the company’s efficiency: Most companies operate promptly during the initial months/ years, by sending out cheques and products in time. This builds trust and members soon canvass on behalf of the company. But when the member base grows beyond control, some companies fail to maintain the same efficiency. Products do not reach in time and cheques take forever to come. If this happens, credibility starts falling and the bad word spreads real fast.
8) Because there is a falsely induced sense of cultism: Gradually, up-line tries to exercise influence on their down-line even in areas not related to business. Some examples: Encouraging down-line to quit his main job and take MLM full time, setting targets and pressurizing them to meet the same, discouraging members from using competitor products (even when they are cheaper and better than MLM one), forcing down-line to attend meetings and seminars, humiliating those who do not show enough commitment or question things and so on.
9) Because of bad policies: Most companies do not offer any of the following: a proper refund policy (if only they can provide a simple option where unhappy/ dissatisfied members can surrender their membership/ product and get their money back, most problems would have been avoided), a vigilance team to ensure its members don’t promote the idea in unethical ways by making false promises, an active customer support cell to address member grievances. Add to these, some network marketing companies have rules that stipulate that you need to keep spending a certain minimum amount every year (in the name of membership fee, product purchases, etc) even when you are not earning a penny out of the scheme.
10) Because early warning signs are ignored: Because of the unquestionable faith members develop towards their company, up-line and its business model, early signs of warning, even if detected by a few in time, are often suppressed and ignored. Beliefs that “That can’t happen to me” or “He failed because he didn’t work hard” or “There must have been some misunderstanding-everything is fine” or “This is a small issue, we’ll get over it”, etc, keep members hooked to their dream. Only when things go totally out of control do they wake up to the reality. A lot of trouble can be saved if members maintain an open mind to question and verify any negative news that they come across, without any prejudice.
11) Because when the going gets tough, the management hides: When something goes wrong on a big scale, promoters of network marketing companies often prefer to close their business and open shop under a new identity after some time. Because they have made their pile, it is not in their interest to stand up and support members. When Questnet was banned in Sri Lanka, the company should have offered to refund money to those who joined it recently, (instead they silently left and after sometime opened a new shop: Lotus marketing). When Madras police were investigating QN, Datuk Vijay Eswaran could have flown in and explained to the police and public why his company was legitimate and should be allowed to operate. Instead, promoters often choose to stay away, letting some agents become scapegoats sinking huge money of thousands of people.
Note: All companies may not face all the above issues, must most of them do at some time or the other. These are general observations-some companies may take exception w.r.t. certain points.
There is merit in this analysis. However, some facts in the media are falsely reported. I have it from company sources, that the information being peddled in the media is ridden with unclarified details, and since the story is juicy, no one wants to see the other side:
1. Regarding Vijay Eswaran:
Vijay Eswaran, he is not a party to the case. He is not in hiding and neither is he on the run as reported time and again in the media, but fully reisdent in the location where he has domiscile. QuestNet is but one of its diversified businesses of the Group. The companies are largely headed independently by a Managing Director. QuestNet India is a company which is wholly incorporated in India.
Vijay Eswaran is not a director on the board of QuestNet India nor is he involved in its day- to-day management. Nor is he a shareholder. As the Group Managing Director of QI Limited, he has participated in events and functions organised by the QuestNet India.
In his capacity as the head of the Group, Vijay Eswaran has been held in esteem by the customers of QuestNet India and other subsidiaries of the Group. Notably, he is also a highly respected motivational speaker and a celebrated author of a bestselling book on life management, which is readily available in bookstores in India and abroad.
Vijay Eswaran is not a citizen of India, nor has he “absconded” or “fled” to Malaysia or Hong Kong as alleged in various media reports. He is a Malaysian national, who last visited India as recently as January 2008, when he was speaking at a session of the Pravasi Bharatiya Divas, on the invitation of the Government of India as a prominent Person of Indian Origin. He has never lived in India, nor does he hold any type of a residence permit there.
Implicating Vijay Eswaran in the manner which has been done as presently in the media is incorrect as it is untrue, and has no basis given the facts mentioned above.
2. Further, QuestNet India has always operated within the framework of law, and has diligently paid taxes and duties required by the law in India, in the fulfilment of its business obligations. It has contributed economically to the country by way of investments. It adheres to corporate social responsibility activities through donations and fundraising for charitable causes. Allegations of cheating and fraud against the company are baseless.
QuestNet India is aiming to reopen its office in Chennai on an expedited basis to resume business operations and carry out its business obligations towards all its customers.
QuestNet India will look into all complaints received by the authorities. All genuine and legitimate complaints will be resolved in keeping with its own commitments and in cooperation with the authorities in achieving this objective.
However, the company has been constrained from handling legitimate complaints in the last few weeks because all the resources required in settling these claims are currently in the custody of the Chennai Police, as the company’s premises were wrongly shut and its operations halted.
3. QuestNet Enterprises India Pvt Ltd operates a multi level marketing business model to provide its customers an innovative business opportunity. The Company has received the ISO 9001:2000 certification, and it follows international benchmarks in business processes.
4. Multilevel marketing (MLM) is a legitimate business opportunity that allows individuals to earn an income that is commensurate with their efforts. This is not a “get-rich-quick ‘’ or ‘quick and easy money’ scheme. QuestNet India retails and distributes a variety of products such as commemorative medallions, watches and vacation packages, and every customer purchasing a product can avail themselves of a business opportunity to become an independent business representative (IR).
Customers purchasing a product or availing the business opportunity are fully aware of the terms and conditions. Hence, the question of “inducement” or “cheating” does not arise to involve and implicate QuestNet India of a ‘criminal’ case. In instances of breach of policies and procedures where a group of individuals have been known to mislead or misrepresent the business plan to prospective customers for selfish gains, the company acts sternly on such breaches and does not countenance any such breaches, including suspending and terminating IRs who act improperly.
Most cases of complainants claiming non-receipt of product has occurred to customers not providing with the correct address or having provided an incomplete address or failure to intimate the company of a change in their address.
And now, with the resources to address any customer greivance being kept in custody for this long, the other customers are getting worked up.
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The post above is based on the clarifications published by the company in the light of the media barrage.
Specifically responding to Shrinidhi’s analysis, every business model has some inherent difficulties. In the cases of MLM, there are some bad apples which create the perception that this is a quick-money scheme. But all the renowned MLM companies, who take the business seriously, make it clear in all their marketing communication that this is not a quick-rich scheme.
The advertising industry which is employed by “mainstream” companies propogates many more lies, and makes you spend your hard earned money on promises that are absolutely false: “This shampoo will make yoru hair go black; this cream will make your face go white; this washing powder will give your clothes 24 hour whitness, this toothpaste has micro-something or the other to make your teeth fight bacteria for 48 hours”! What is more, the MBA and Advertising students are taught how to coin these terms as part of their curriculum. It is in our conditioning now to accept advertisements of various products through media which are now vehicles for advertisers than for actual journalism, without questioning. There are few among us who are the discerning audience, in an age when so much is consumerist
In direct selling, trust is what matters, all around. There is no advertising and marketing gimmicks like one finds in the mainstream. And yes, there are bad apples who will do their gimmicks, but largely MLM as a model, which is often confused with pyramids and chit funds, simply because there is no “mainstream” reference point, is widely accepted around the world and operates as a legitimate business. I agree with Shrinidhi that those who go into direct selling businesses should keep an open mind, like they would for any other situations of their life.
While one does not know specifically what action is taken against those engaging in unethical practices, it would be presumtuous to believe that companies can survive for 7-10 years without such a mechanism in place.
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Vinutha,
Just asking, are you a member of Gold Quest or associated organizations ? I cant help but say, that I find the same fanaticism in your post that most MLMer’s have about their companies.
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most MLM’s are inherently deficient in terms of business growth for later entrants. Maybe this link will throw some light
http://business.timesonline.co.uk/tol/business/industry_sectors/media/article2951266.ece?EMC-Bltn=OLXGH4
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This lady Mallya, seems to have been in the NET and lost/losing money.
More info you can get in this site: http://www.mouthshut.com/review/GoldQuest.com-54567-1.html
http://www.mouthshut.com/review/GoldQuest.com-143754-1.html
http://www.mouthshut.com/review/GoldQuest.com-143147-1.html
http://www.mouthshut.com/review/GoldQuest.com-142231-1.html
and many other blogs.
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MLM : Multi Level Morons
People who invest in these schemes are Fools looking for returns which are not realistic and practical as no Business Model can EVER assure these returns consistently over a period of time.It is also time to realise that the whole MLM is a scam and those behind these schemes are fraudsters who have excellent PR skills and hire high profile Lawyers to represent them when the going gets tough.Chit Funds are a better option to those looking for Higher returns.
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@ SM
I am not a “member” of GoldQuest or QuestNet, but yes, I have had the opportunity of interacting with Dato’ Vijay Eswaran in a totally different capacity which has nothing to do with MLM and the companies mentioned above.
Presenting a side which is not being considered can hardly be fanaticism, and is in the interest of the readership. My own skepticism regarding MLM as a business model, I realized, stemmed from misinformation, or rather the lack of information in mainstream media.
MLM as a business model is no less honest than the business models which we are conditioned into believing as acceptable. Unless a company spends crores on advertising and marketing in mainstream media, we don’t think of its products or its entity even as legitimate. That does not make sense to me. So, even a Coke which was accused of adulterated stock, continues to be enjoyed by thousands in India. Public memory is that short.
Today, many local manufacturers find the online platform a great space for setting up shop and many products are retailed through new means, you only have to look at eBay.in to see what I mean. The quality of their products is questionable, but they have a market and people who buy them are taking as much risk as they are taking while buying a brand which has been around for more than 100 years, but which need not necessarily continue adhering to the quality it promised years ago, or continues to promise now.
There are many sound MLM models prevalent in the world, but this does affect the interest of the “mainstream” businesses, which have a well oiled wheel in motion. MLMs are easy targets of disgruntled customers, some with genuine grievances which are consumer disputes in nature, since the companies themselves don’t enjoy the same protection under law.
There is also the dumbing down of consumers, customers and audience in mainsteam media. Consumers and customers are not fools, they are discerning and intelligent people. So, when I buy a shampoo which promises soft silky straight hair, but actually makes no change to the texture of my hair, what hope do I have of crying foul saying that I spent all my pocket money on it, on the premise that “but you told me it would”. Should I not know that curly hair cannot be made straight by a shampoo?
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Re Madame Vinutha Mallaya, go get a life.
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I strongly second Aruna Urs
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Madam, does this company got your hard earnt money?
Are hopelessly wishing that they stay afloat?
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@Vinutha Mallya:
Couple of simple questions for you:
1 Dont you think it is Vijay Eswaran’s moral obligation to give an explanation to police and public when thousands of people feel cheated and file a complaint?
2. Other than taking money from downliners and distributing a fraction of it to upliners and pocketing rest of the money, is there any other source of revenue for this company?
3. Do you believe QN never noticed unethical practice of its IRs? Why no action was ever taken against erring IRs?
4. Why there was no attempts to compensate those new recruits who lost their money when QN was banned in Srilanka and Afghanistan? Instead in Srilanka QN silently opens lotus marketing and resumes business-isn’t that bad?
5. You gave examples of shampoos and washing powders-Are QN biodics and watches and other useless products anything different?
My post was very generic to MLM business, but you seem to have taken in personally, specific to Questnet.
Let me know if you have anything to say about the above questions and the 11 points mentioned in the post.
Thanks
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@ Aruna Urs and Subbulakshmi, thank you I already have one. Please don’t project the lacking of it in yours on to me…this is a issue-based discussion…not a diary entry.
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@ Shrinidhi,
I have acknowledged the merit of you analysss, so we have no quarrel there. You have brought up only the example of QN in your analyses, hence the response of that reference. But my post is talking in generic terms regarding MLM too, please don’t ignore it. I have no information about Sri Lanka and other countries, so will not comment on those matters, neither do I have information about what has been done towards erring independent reps. You have confirmed what I said regarding consumer products in point 5. My second post reflects some thoughts on the questions raised and the 11 points you have mentioned, please note.
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Hello Vinutha,
Pray tell us what is your connection with Quests’ and why are you arguing for the MLM cos.
Wont you be better off to respond than to take offence to NAW, Aruna and Subbulakshmi.
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Only a CLOSE associate of the Kingpin of this fraudulent scheme can post such a long and detailed defense.As someone stated earlier you and your ilk SUCK .By defending the likes of the Scums you have only proved that YOU were one of those involved in duping gullible investors who were given a royal ride.
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Vinutha Mallayavre Ouch!
I understadn your anguish, looks like you have worked or still working as a senior editor of a Quest linked company called Rythm House Publishing Sdn Bhd!! “The Sphere of Silence”!!
http://www.linkedin.com/in/vinuthamallya
http://www.rythmhouseltd.com/default.asp
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@ V Mallya,
Still, go get a new life!
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@ NWAN/subbulakshmi/Andy/Thimma
V Mallaya was/is working as a senior editor at a Quest linked company called Rythm House Publishing Sdn Bhd. Should I add anything?
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@ Aruna Urs, no you need not say anything more, in fact, I have mentioned my interaction with Vijay Eswaran in a post which for some reason is awaiting moderation and will come up once the moderator attends to it. On that count alone I don’t think there can be disregard for anything being written. I am open to debating on issues without being personal, but for some reason those who have nothing to say make things personal it seems. Go ahead and have a field day…
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@ Thimma, I really tell you, your prescription for me is not required. If you have anything meaningful to comment, do so, without interfering into my life.
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@ Vinutha Mallya :It is you who should stop interfering with our lives and stop defending some scoundrels who have looted the public.Not that the public are innocent , they are equally guilty of being greedy.It is just that YOU have co ordinated and participated in this wholesale transaction and having received your CUT , you have stooped so low so as to praise the Scums to the skies.
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Goody! I love LinkedIn! :-)
They are a publishing house and they still misspell their name!?
May be it is the numbers at work.
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MLM is not an ethical business. Why should a person get commission (which is added to the product cost and sold forcefully) when someone down the line (after x generations of MLM) sells?
The other day an advocate tried selling some crap Indian Nony to us!
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http://www.datovijayeswaran.net/
http://www.vijayeswaran.com/
http://friendsofdatovijay.blogspot.com/
Looks like the guy cannot get enough of himself.
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what is this mlm? something like amway?
sure sounds like it.
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Vinutha,
U havent lost your spirit I must admit :D . Still reminds me of what you told the AC of IT :D……
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an wonderful interview of a dancer telling us how Modi was ‘just plain lucky’ to win gujarat with 50% vote to congress’s 38% –
https://churumuri.wordpress.com/2007/12/26/mallika-sarabhai-the-bjp-was-plain-lucky/
voooov. now that makes a lot of sense.
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Vinutha,
MBA and Advertising students are taught how to lie/misrepresent etc? What kind of bakwas is that? And so that justifies the high flying claims of scam artists aka Multi-Level-Marketers? Libel prospects forbid me from disclosing the name of a certain very well known scammer in this shady business of MLM. For the volume that this company makes you push you shd be paid a salary. What a joke. The Indian government shd ban MLM in its entirety. Guess why it doesn’t.
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>> Most cases of complainants claiming non-receipt of product has occurred to customers not providing with the correct address or having provided an incomplete address or failure to intimate the company of a change in their address. >>
ooh those bad complainants. them lazy bums. not providing correct address and inconveniencing a great business. give me their money.
>> But all the renowned MLM companies, who take the business seriously, make it clear in all their marketing communication that this is not a quick-rich scheme. >>
renowned MLM companies. can we, like, have a list?
not that i would not suspect tamil nadu police and the two dravida kalagams of actually cooking up a false case. The previous kalagam arrested one 80 year old employee of Kanchi mutt on some narcotics charges, when they were hounding Kanchi. you may want to go back and check on what happened to that case.
but then there are some prices you got to pay for the dravida model of soshial chustish and shekularizm. them gujaratis bad.
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Talking about interfering with lives, there can’t be greater culprits than the MLMs. Not just in India, but outside it as well, the MLMs are the biggest pests prying on easy targets like students. Unsolicited phone calls, meeting over coffee to discuss a “business proposition”, I have seen it all. Once they get their tentacles around you, its a huge ordeal to get rid of these leeches.
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TS,
Amway is an MLM. But it is a little more than that since it also has an actual business model involving real goods, thus enabling it to survive.
Most MLMs always end up with people who became members later on getting cheated. If anyone profits for sometime, it will be the few who are near the top of the pyramid. And usually these are the conmen who operate and control the MLM. And generally they have the sense to shut operations and run when they know that they can no longer convince the members lower down that good things will happen in the long run.
Lots of such schemes startup and shut down in smaller cities and towns in India. Nothing comes of it, many people lose some money. A few make some money. That is probably the beauty of the scheme, since people finally lose a small amount of money individually no one pursue it further. But since a large number of people are actually duped, the person running the scheme will stand to gain a relatively larger amount.
Since MLMs dont have to bother about real issues like retail and distribution like say a big supermarket chain has to – they can concentrate all their energies and strategy on thinking up new ways of hoodwinking the people lower down in the MLM.
As the wikipedia entry says:
“It is sometimes difficult to distinguish legal and reputable MLMs from illegal pyramid or Ponzi schemes.”
Most MLMs in India follow the pyramid model. And again as wiki says:
“Pyramid schemes are illegal in many countries, including the United States,[2] the United Kingdom, France, Canada, Malaysia, Norway, Australia,[3] New Zealand,[4] Nepal,[citation needed] Sri Lanka,[citation needed] and Iran.[citation needed] These types of schemes have existed for at least a century”
High time they are made illegal in India.
About pyramid and ponzi models:
http://en.wikipedia.org/wiki/Pyramid_scheme
http://en.wikipedia.org/wiki/Ponzi_scheme
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12. Because there is no free lunch
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Vinutha could be any, all or nothing of the following:
An ardent fan of direct marketing or herself involved in it big time.
PRO for Goldquest/QuestNet.
Somewhere near the top of the pyramid either in Amway/Quickstar, Tupperware, etc
The guys involved in these operations should be seen to be believed.
There was a time when one rarely never got hustled at a mall, library, grocery or coffee shops
A typical scene would be :
The poacher(MLM agent) follows you around a bit to assess you and then opens his/her gambit.
MLM agent: You look familiar where have we met before?
Unsuspecting prey: uh! not sure
Then the conversation is sustained mouthing inanities depending on the environment before he zeroes in bang on to a business proposal he has which could earn u lots of money very easily or he would very slickly cadge you for your phone number to hound you later.
It is only after considerable experience at overtly friendly and confident hucksters the scene changes.
Later;
MLM agent: Dont I know you from somewhere?
Titivated prey: Dont even think about it.
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>> High time they are made illegal in India. >>
hooch was made illegal too.
this i got to check, but i am damn near certain there is some law against bombing people in their temples and trains too.
yeah, make it illegal in India.
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Pyramid MLM and ponzi schemes seem to be a big thing among some Indians in the US. And their prey is usually other desis. I am sure many Indians in the US have been approached at stores etc. by some other Indian trying to get them into their bogus MLMs.
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‘hooch was made illegal too.’ etc.
On the other hand make hooch legal. There will be thousands dying as opposed to hundreds. We can take the same argument with bombing etc. but that doesnt even start to make sense.
At least the a person can go to court if they come across an illegal scheme. Making pyramid schemes illegal will contain it to some extent. Of course, there will always be people who break the law…
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VP / AG – In addition to stores and public places many so called agents also approach(ed) unsuspecting people (Indians) in their homes. With the incease in such schemes in past years, I was told newcomers were given tips to avoid such agents as part of their travel FAQs. The tips included innovative ways to avoid such schemes. That could be the subject of another post.
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I fully agree with VP/AG. Amway is one of the biggest culprits that targets unsuspecting desis to make them members of this scam. I even got invited to a amway desi’s home for dinner just after out first meeting. I was dumbstruck by his hospitality till another of my friend said that he is a amway guy trying to make me a member. Surprising thing is that a lot of the top level amway scamsters are well established professionals who are doing this on the side and would any way make money just by enrolling others in the scam, without they themselves not having to make any sales.
Amway even tried to make forays into Bangalore in 1998, when a lot of people were hoodwinked to believe that they could make loads of money selling shampoos and washing detergent. They used to charge Rs.4000 from everyone who wanted to become a member(?). A lot of middle class and poor people lost their hard earned money in this scam.
I used to call them “People with soap in their hands and hope in their hearts”
:)
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Quixtar is another disease that has caught up with most Indians in Big US Metros with a greed to become ‘INSTANT’ rich .
There are Quixtar IBOs who try to recruit you in supermarkets (sometimes Asian/Indian stores) and they act really nice to you and persuade you to go to their ‘seminars’ or ‘event for entrepreneurs’.
It’s fun *chuckle* to go to these events once and see how professional the scam is becoming.
However, it is sad to see so many Indians have fallen prey to the ‘get rich quick’ dream that doesnt exist.
Come on you Indians.. get a life.. you are supposed to one of the most hardworking race in America… live upto your name and dont get fooled.
Watch out for Indian people approaching you in Philadelphia/NYC/Boston, introducing themselves as CEOs of their own businesses etc…..
My personal experience has been bitter . We were approached by kannada speaking couples hearing us speak kannada in a grocery store or mall. We are excited initially to meet a kannadiga but only to find out later that we are being lured into a pyramid business . These days it has become a situation to view everyone suspicously who greets or approaches you .The same has been felt with other Indians as well.
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Read more about MLM goodness:
http://groups.google.com/group/dailylegalnews/web/multi-level-marketing-scams
I am afraid of these godly, ethical and preachy businessmen!
Woe upon cybersquatters!
Access the site’s Google Cache from here: http://tinyurl.com/594h4t
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I met a batchmate in Cochin almost after 14 years. After the meeting-after-a-long-time excitement was over he straight moved about a product he has bought and been ‘advising’ to buy: An Underwear which protects from diceases (Cancer etc). If I remember, the compnay is Conibio or something. I somehow escaped and have not tried again to contact this dangerous ex-friend! Anyone out there interested in that underwear??!
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“Rich Dad Poor Dad” is a good read which talks about creating wealth pipelines for future. THat’s it. But the sequels (which are available in road side) I suspect strongly take the reader to the MLM concept. The only goal is ‘you have to be rich’. forget about the product you are selling. If you notice, the ‘Product’ is discussed only 10% of the time. 90% is spent on talking about adding members and getting incentives.
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http://www.vijayeswaran.com/Blog/2008/04/21/RejectionByVijayEswaran.aspx
This Junky Vijay asks the networkers to be like spiders! Spiders dont have any ego or pride. So it’s succesful in building a network (he is silent about the prey that falls in the web!).
Vinutha Mallya: You surely dont have any pride or ego!! Go get a new life!!!
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Vinutha,
why do you bother about things related to India? Continue to be a proud Malaysian rather.
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Mallya ?
Maam, Are u in anyway related to Dr Mallya of the not-so-good times ? ;)
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Ms Vinutha ,
Why dont we see a reply from the SCUM Vijay in the media if he is really innocent.Why are His Chamchas and concubines defending him and his morals .
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http://www.iht.com/articles/ap/2007/05/07/asia/AS-GEN-Malaysia-Indonesia-Fraud.php
http://www.themalaysianinsider.com/mni/fraud-case-datuk-sought-by-indian-police.html
Unlike regular products from FMCG sector, these are not subject to any testing, none of these direct marketed goods conform to our or other standards.
Teachers are known to have abused their position to market these goods to kids!
Who knows if they are dumping the toxic infested toothpastes and other stuff to us?
Madam Mallya, who gets the profit from Questnet India? is not the Qi Group headed by your venerable Dato’ Vijay Easwaran, with his indubitable reputation as evident from media reports(a sample linked above)!?
If I may suggest, keep away from these people!
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There are a lot of people losing money in this kind of venture , MLM is not even taught as a business model in any of the big B schools , I am told its mentioned in a few. If their products are really good people would simply buy them I haven’t seen it happening so there is something fishy also making or trying to brain wash all your friends to enroll or buy these products is not right, you only end up alienating your friends.
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http://www.earn45k.com/default.asp
Got an sms on Reliance phone about the above site. So bad English. No details about the product. Some dumb endorsements.
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happy to see 50 comments coming up for my post… Thanks everyone for sharing your views…
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You are welcome Shrinidhi..pls note, excl this and 2 comments from your side, the comments number is 48 nad has not crossed 50 !
Me trying to be a pain…
Cheer up !
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Posters have forgotten to bring one fact out. All MLM business without any productivity is bound to bomb. Where does the money come from for the members. First one has to be a sucker and make others suckers to get money back or get profit. All the time people are wasting their productive hours in duping others to become suckers like themselves. At least Amway kind of MLM people sell some cosmetics and things like that, which remotely can be called productive. This Quest racket doesn’t have even that fig leaf. They sell some guilt coins telling them as rare editions (of what?) or collector’s items, my foot. Time the Indian Government bans such fly-by-night operations.
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In Tamilnadu Dr.Ramadoss Pattali Makkal Katchi founder finds fault for everything (latest about Engineering College fees fixed by State govt) and issues statements against the govt. But I have not come across any statement on questnet scam from them.
Some NGO should take up with Supreme Court for an investigation by CBI
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@Andy:
Agreed… anyway, now it has touched 50..excluding mine…so it should be fine right?
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Hi Guys,
I got some view on these schemes. what happens is some few people start these schemes and sit on the top of the pyramid. and they are normally from other countries. They start the scheme and start selling their product which may be worth around 7-8000 for 32000 and more. Just imagine more people joining the pyramid more money will be earned by them , which goes in many crores so in turn the money is flowing out of our country and going into some different country. Without having any base these companies earn a lot , they will only give you product after 2-3 months so they make sure that they have recieved money before they start manufacturing your product. Please guys stop falling into such schemes as you might be sitting on the top of the pyramid and earning but indirectly you are sending money out of india.. Be patriotic and don’t get involve in such schemes , else it’s your choice..
I have got a mobile phone which is worth 7000 and i paid 32000 for the same. I don’t know what made me paid for this mobile but in turn I have lost 25000 and in turn I have lost 25000 which should have belonged to india or I could have got some product which is worth for money..
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Ethical Marketing in terms of Product Delivery is required from QuestNet- India
Dear Friend, Not to say, It is Ethical and Better to deliver the product within a week or latest to the maximum of a fortnight to gain confidence of New IR/ Customer.
In my & My sister’s case, product has not reached to me even after 6 months still I am doing the business on good faith that it will come some day.
Can any body help me?
The information provided by In Service,(Network Support of Quest.net) often is misleading. They should provide correct information about product delivery to end Customer/ IR rather they inform delivery to chennai office. I enquired with Overnite Express and DHL but the AWB No. provided is not correct thus of no use. This is very important that the Product delivery should be very fast / ASAP to complete first level of Business transaction with the valued IR/ Customer and to win the confidence back of the company lost due to recent incident and avoid problem.
An ISO certified company should not delay in providing services – ISO Certfication gives most Importance to Customer Satisfaction.
Lets do business with very High Level of Professional Ethics…..and Ensure First level of Transaction…..
Ramesh Chand Vishwakarma(NF385392)-9871095730
Kanti Devi(NF385634)
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Yo! Wonderful blog about Questnet. I am making my own also to expose all hidden secret about Questnet. My blog is benedictkong22.wordpress.com.
Mallya, I have so many points to comment about your comment :) I hope you visit my blog, and I definitely able to counter all your answers.
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@Mallya,
First of all, let’s talk about the main person named Vijay Eswaren. How he become today? He is a Malaysian, and I personally seen him too. But before going too long, I would like to clarify to you that i am also a Malaysian, and Vijay home is not too far away from my home.
He consider as the upmost upline in V-Team, and ALL NETWORKERS under him. Correct? He told everyone to be “In-Service” and become a “selfless leader”, Correct? Do you think the 20,000 IRs who filed complaint in India aren’t his downlines???
By claiming that Quest India is NOT part of QI Group is a VERY SELFISH statement just to save himself from trouble again. Yes. This is not the first time. He did that to Iranians! He did that to Sri Lanka! He did that to Nepalese. He always BLAME his downlines but not himself!
If he is a responsible leader, HE SHOULD KNOW THE RULES AND REGULATIONS and able to teach his downlines a proper way. This is not handful of people, but this involved 800,000 IRs from Irans, 400,000 IRs from Sri Lankas, 20,000 complaints from India, and if India government decided to ban QN, you get more than MILLIONS of victims suffered!
95% doesn’t even earn a single cheque, mind u! 3% earn 1 cheque that partially covers 50% of their investment. only 2% make profit from this scheme. You know how I got to know this FACT? I have got to know leaders that joined this business since 1999 in Malaysia, their geneology statistic tell the truth! If you dun believe, ask Vijay.
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my son and his colleaques, working in MNC’S were introduced to QI, three years back. They were not able to deny that situation because their upline was their boss. He had said that he got some lakhs with in a short period.ALAS! My son and his friends were delivered only the gold coin and its replica in silver.
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Those who support that multilevel marketing companies are doing legitimate business are, we can dare say, totally. wrong. If multilevel markeitng continues after tenth level there would be nobody left on earth to become members. This is simple common sense that it is no wonder people who rake in millions refuse to accept it. Those who lose never complain because they are introduced into the cobweb by their relatives or friends. That is the weakness in this fraud. Should anybody need any more information they may contact http://corporatefraudswatch.blogspot.com
shyam sundar
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all n/w marketing will not b as same as quest..some r illegal thus poisoning the whole environment..mee to involved in n/w marketing from past 3 yrs… but its going good…
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MLM business banned in srilanka and what are the opportunities to start MLM business in srilanka?
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