Citizens' Issues
Asaram Bapu to face arrest if he fails to turn up for questioning on Friday

Jodhpur police said they will wait until 30th August and if the self-styled godman fails to appear before them for questioning, then would take further action

Controversial self-styled godman Asaram Bapu, who is accused of sexually assaulting a minor, will face arrest if he fails to appear before the Jodhpur Police on Friday.


Jodhpur Police Commissioner Biju George Joseph told reporters that, “We will wait until 30th August as per the deadline of the summons served on him and if he fails to turn up by Friday, we will send a team to arrest him on 31st August”.


72-year-old Asaram had sought extension in the date of appearance before the investigation officer of the case at Jodhpur citing he had various pre-decided religious fixtures lined up till 19th September.


Yesterday, DCP Ajay Pal Lamba had said that police will wait till 30th August  and if the self-styled godman fails to appear before them for questioning, further course of action would be decided on that day.


Meanwhile, three other accused, including Shilpi (the warden of the hostel at Gurukul), Keshav (attendant of Gurukul) and Shiva (caretaker of Asaram, who was with him at Manai ashram on the day of incident) will appear before the investigating officer for interrogation.


According to the DCP, Shilpi and Keshav had sent the 16-year-old girl to Jodhpur for a ritual to ward off evil spirits for which Asaram had wanted to be alone in the room with the minor on the night of 15th August, and Shiva had threatened the girl against disclosing the incident to anyone.


Asaram’s son Narayan Sai, in comments, which could stroke a controversy, had claimed that the minor girl who levelled the allegations is “mentally unstable”.


Meanwhile, Janata Dal (U) president Sharad Yadav has said, "Asaram Bapu is making mockery of law. It also shows the failure of the government that no action has been taken against him yet."


After meeting the supporters of the self-styled godman, the JD-U chief said, "I told his supporters to go to police station instead of coming here. He (Asaram) should surrender to the law and join the investigation".


RTI Judgement Series: MCD not bothered to retrieve Wilson Survey report

MCD gave the Wilson Survey report to a private firm and nobody bothered to retrieve it. The CIC directed the additional commissioner to retrieve the report and provide a copy to the appellant. This is 164th in a series of important judgements given by former Central Information Commissioner Shailesh Gandhi that can be used or quoted in an RTI application

The Central Information Commission (CIC), while allowing an appeal, directed additional commissioner for establishment at Municipal Corporation of Delhi (MCD) to obtain the Wilson Survey report from a private firm and provide copy of page no230 to the appellant.


While giving this judgement on 12 July 2011, Shailesh Gandhi, the then Central Information Commissioner said, “The survey report was given to INTACH in 2007 and nobody in MCD seems to have bothered to retrieve it from INTACH. The additional commissioner for establishment at MCD is directed to retrieve the Wilson Survey report and provide a copy of sheet no. 230 of the said report to the Appellant before 10 August 2011.”


New Delhi resident Ved Prakash Sharma, on 19 October 2010, sought from the Public Information Officer (PIO) of Land and Estate Department at MCD information about the Wilson Survey carried out by the MCD. Here is the information he sought and the reply provide by the PIO under the RTI Act...


1. In the year 1910-11-12, there was a survey by the permission of the Municipal Committee Delhi which is popularly known as Wilson Survey.

Please furnish details from that survey Sheet No.230 which is related to the Pahadganj.         

PIO's reply- Wilson Survey Sheet had been provided to the Municipal Employment Department. Later, as per DC/City Zone requirement, the record was given to the Assistant Commissioner, Akhil Ahmed of Building Department/City Zone dated 25 November 2007 letter no.D/205/DC/C-2//2007 on 16 October 2007. The Appellant could enquire for the city areas as per his own convenience.


Citing information provided by the PIO as unsatisfactory, Sharma, the appellant filed his first appeal.


In his order, the First Appellate Authority (FAA) directed the PIO to provide the correct information to the appellant within seven days failing which the penal provision of the act will be invoked against him.


On 7 April 2011, the PIO replied saying, "As per the record of Municipal Corporation of Delhi City Area, Wilson survey Sheet charge has been given to the M/s INTACH dated 14 July 2009."


Not satisfied with the PIO's reply, Sharma then approached the CIC with his second appeal.


During the hearing, Mr Gandhi noted that the appellant has been seeking sheet no230 of the Wilson Survey report. He said, "The RTI application has been sent to various PIOs and it now emerges that this appears to have been given to INTACH in 2007 and nobody in MCD seems to have bothered to retrieve it from INTACH."


The PIOs present before the Bench were not clear as to who should retrieve from INTACH.


While allowing the appeal, Mr Gandhi, directed the additional commissioner for establishment (MCD) to retrieve the Wilson Survey report and provide a copy of sheet no. 230 of the said report to Sharma before 10 August 2011.




Decision No. CIC/SG/A/2011/001421/13402

Appeal No. CIC/SG/A/2011/001421



Appellant                                       : Ved Prakash Sharma

                                                                  New Delhi-110055


Respondent                                   : TP Sharma

                                                            PIO & AC,

                                                            Land and Estate Department

                                                            Municipal Corporation of Delhi

                                                            7th Floor, Civic Centre, Minto Road,

                                                            New Delhi           


QNet: Six bank accounts frozen, more arrests soon, says EOW

According to an additional commissioner of police, the EOW has frozen six bank accounts of QNet that have Rs46 crore as balance, and their teams would soon visit Bengaluru and Chennai to arrest some suspects

Economic offences wing (EOW) of Mumbai police, which is probing Hong Kong-based controversial multi-level marketing (MLM) operator QNet has so far frozen six bank accounts related with the company.


According to a report from the Times of India, these bank accounts have a balance of Rs46 crore. In addition, Manjunath Hegde, arrested in this cheating case, has been sent to judicial custody, the report says.


"We have asked the firm to submit all documents. Some office-bearers have approached the Sessions Court for anticipatory bail," the report says quoting, Rajvardhan Sinha, additional commissioner of police, Mumbai.


Sinha told the newspaper that over 50 complainants have approached them in the QNet cheating case and the police will again visit Bengaluru and Chennai to arrest suspects.


Earlier this month, EOW registered a case against QNet, for allegedly duping thousands of investors by selling them plastic and glass products terming them miraculous objects for treating severe diseases like Cancer.


The complainant, Gurupreet Singh Anand, a computer consultant from Lokhandawala, Andheri in his first information report (FIR) stated that his wife was duped for Rs30,000 by some people who had introduced themselves as the independent representatives (IRs) of QNet. Anand told the police, “They (IRs) had said that one of the bio-products my wife bought could be used to treat my 12-year-old son's brain-related diseases.”


The FIR names five accused, including QNet's Hong Kong-based founder Dato Vijay Eswaran, a Malaysian by birth and an Indian by ethnicity, who is photographed hobnobbing with the Prince of Saudi Arabia, in order to enhance its credibility in the Gulf.


What is QNet?

QuestNet and GoldQuest, the MLM companies that had shut shop in 2009 following police action are back with a bigger bang. They now call themselves as QNet and are thriving in an environment where tens of thousands of Ponzis and MLM companies are able to lure people into believing that they have the formula to instant riches and a high growth career.


While QuestNet and GoldQuest, which mainly sold numismatic gold coins (they claimed they were limited edition coins that whose value would increase over time) in 2009 were forced to shut shop in India, their new avatar QNet offers a broader range of lifestyle ‘enhancing’ products (holiday packages, diamond watches, bio-discs, Chi-Pendants and herbal products for anything between Rs30,000 to Rs7 lakh), which promise fabulously high returns so long as new distributors are enrolled rapidly. Its product brochure says, “With 8 ways to earn and up to 50% of the sales paid out in commissions, QNET offers the most dynamic and innovative compensation plan in the direct selling profession.”


Like SpeakAsia, QNet is also registered in Singapore and has been banned in many countries, including Iran. In 2007, APLI, the direct selling Association of Indonesia, considered GoldQuest or QuestNet as a pyramid scheme.


According to, QNET has received a Fatwa by Dar al-Ifta that its business is not halal within Islamic law on the basis that it could harm the Egyptian economy. The company has also been accused of operating a product-based pyramid scheme.


At the end of August 2012, the Ministry Of Commerce and Industry of Saudi Arabia banned Qnet accusing it of stealing and falsification as well as not being registered with the ministry. Furthermore, a message was published on the official website of the Saudi Arabian Ministry of Commerce and Industry warning the Saudi Arabian people not to be involved in such schemes under any pressure of false promises, mentioning the company name 'QNet' specifically as one on those fraudulent schemes operating in the country.


The governments of India, Iran, Indonesia, Nepal, Rwanda, Saudi Arabia, Sri Lanka, The Sudan, Syria, and Turkey have at various points shutdown local offices of the company, arrested key members involved with the company, or pre-emptively banned the company from entering,, says.


Business Model

According to, QNet's business model has been described as a simple pyramid scheme, where initial entrants to the scheme do make money, but as the number of independent representatives (IR) increases, finding more IR's becomes harder and harder, until those that join late are unable to recover even their initial outlay and the model collapses.


The compensation plan operates by the recruitment of customers by existing IR. An IR is provided with an ID that gives access to a 'tracking centre' (TC) in its computer system through which the IR's sales are tracked. A TC has a left and right customer group. Every customer owns a TC which is then placed on the left or right customer side of the IR's TC. A 'direct' transaction (a customer's personal reference or sale) is counted as one transaction. An 'indirect’ transaction (someone in the cusomer's TC buys/refers/sells) is also, counted as one transaction. The company pays $250 each time three product sales on an IR's left customer group are matched by three product sales on the right.


RYTHM foundation -derived from the acronym 'Raise Yourself To Help Mankind'- is a charity organization created by QI Group.


What QNet sells?

At Present, QNet mainly markets products made by other subsidiary companies of QI Group. The products are in travel packages, nutrition, personal care, home care, collectibles, fashion accessories and education.


One of the products being marketed by the company is the Amezcua Bio Disc (also spelled BioDisc and BioDisk) which the company claims can "redefine and harmonise the energy of water, greatly maximising its positive affect on the human body". These and other detailed claims of often miraculous properties have been widely denounced as fraudulent by various scientists, media commentators and watchdog organisations. Critics have noted that the claims are based on thoroughly debunked pseudoscientific concepts such as hexagonal water and that they have never been validated by a peer-reviewed process. QNet has stated in a document published to its representatives that there are no known test and approval bodies to date on such products, says.


You may also want to read…

QNet: EOW freezes Rs45 crore in two bank accounts of the MLM


QNet: Mumbai police register fraud case against the MLM

QNet, the MLM has resurfaced in India; will people be duped again?


QNet, the MLM company, has no answers to Moneylife’s simple questions


QNet: The “money game” played by MLMs to lure the gullible


Forbes magazine's strange activism on behalf of the shady MLM QNet


MMM India, QNet ‘cult’ growing. Why government is dragging its feet in tackling this MLM menace?




1 month ago


Ever since you lost your hard earned money in QNET SCAM, you all have multiple questions and facing multiple issues like :

1. Where and whom to approach for recovering your hard earned money?

2. How to help fight and stop this QNET SCAM?

3. How to teach your CHEATER UPLINES a lesson?

4. Issues regarding the “so called” “REFUND POLICY”.

5. Are you eligible for “Compensations”?

6. Issues regarding action buy police authorities.

7. What is the status of the court cases etc.

These are an example of just a few issues and concerns you are facing, but there is GOOD NEWS for you all. We have been working overtime to try and bring an end to these woes and issues faced by Victims of Financial Frauds like this QNETSCAM.

So guys and girls tomorrow is the BIG DAY finally , Please do join us tomorrow (Sunday) afternoon at 1.30 PM sharp at Andheri east, outside Sarangi Restaurant (Just 1 minute from the Andheri station on the east side).

Please do come and also inform other victims of the QNETSCAM.
Tomorrow (Sunday) afternoon sharp 1.30 PM, outside Sarangi Restaurant , Andheri-east, Mumbai.

Please note we have limited seats, first come first served basis make sure to reach in time __/\__ . You can contact on 7498063701 in case of difficulty in locating us :)

Jai Hind.

jitu moni

2 months ago
Four persons, who were associated with Hong Kong-based QNET, a multi-level marketing (MLM) company, and duped 200 persons by promising them jobs, were arrested by Central Crime Station (CCS) officials on Thursday. However, the MD and directors of QNET and its sister company Vihaan Direct Selling are still at large.

Deputy commissioner of police (CCS) Avinash Mohanty said Sreenath Konda, Prasanna Kumar Reddy, V Kanchana, B Dhan Raj were arrested from different locations in the city for cheating people.

Police said the accused had been enrolling gullible people as agents by collecting Rs 10 lakh from a group of 10 persons.

Each person would be given status of promoter, direct them to attract a group (i.e., 10 persons) and make them join QNET by paying Rs 10 lakh, for which the promoter would be assured commission.

jitu moni

2 months ago
Mumbai: The Supreme Court on Thursday directed the Maharashtra Government to file the latest status report regarding investigation so far on the anticipatory bail plea of World Billiards champion Michael Ferreira and four others, who are facing charges of money laundering in the multi-crore QNet case.

The next hearing in the matter will take place on September 14.

Besides Ferreira, the others whose anticipatory bail plea were rejected were Malcom Desai, Vanka Srinivas, Maganlal Balaji, all directors of M/s Vihaan Direct Selling (India) Pvt. Ltd, and Suresh Themiri, director of Transview Enterprises.
They are facing charges under Sections 420 (mischief), 468 (forgery), 471 (using forged document knowing it is not genuine) of the Indian Penal Code (IPC).

Justice Mridula Bhatkar of the Bombay High Court, who took on record the statement of public prosecutor Pradeep Gharat that investigations were still on, had in May rejected their anticipatory bail pleas.

Ferreira had started the operations of QNet, a multi-level marketing company, in India via his firm Vihaan Enteprises.

The QNet cheating case began with a complaint by Gurpreet Singh Anand, who raised his voice after losing Rs. 30,000.

According to the police, the money involved has crossed Rs. 1,000 crores in the alleged scam with more than five lakh investors allegedly losing their money in the case against QNet which is being probed by the Economic Offences Wing.

jitu moni

3 months ago
NewsAmbit, New Delhi
Delhi Police Economic Offence Wing(EOW) has registered an FIR against QNET India/Vihaan Direct selling India Private Limited and its three independent representatives on the allegations of cheating and fraudulently operating the multi level marketing, which is illegal in India. Police have initiated the investigation and suspecting huge scam, which is estimated in crores.
A senior Police officer of EOW said that we received a combined complaint against QNET India and its three independent representatives from more than dozen of people in the month of March this year. As per the allegations of main complainant Anuj Jain alleged that his friend Himashu Aggarwal approached him for an business opportunity. He said that he is an independent representative(IR) of an e-commerce based company. He said that he can arrange an meeting with the other IR’s who will tell you about the business and if they find you suitable you will get chance to be a part of the company. After few days Himanshu called Anuj Jain to come with a CV at a café situated in Nehru Place area on 29 November 2015. Anuj reached there, where he met with Himanshu and his to associates Anita Jaggi and Kanika. Trio told him about the business profile and also assured that this is not a networking marketing company. They demanded Rs 6.5 lakh to be a member of the company. They also said that company has millions of customers. IR of the company is treated as a partner and also got the profit share for each sale. After three four days Anuj gave them 6.5 lakh rupees but after some time he got to know that this is a multi level marketing company and fraudulently cheating innocent persons by roping them in it’s banned business with the help of IRs.
Police said that Anuj is not the only complainant so many more complainants also approached to EOW. After which a preliminary enquiry had conducted. It was found that some persons who are termed as IR contact their friends and close persons to join a new e-commerce business. They don’t tell the name of the company or complete business module at the beginning. After alluring them they set various amounts from the victim. Independent Representatives(IR) get training during the joining and talk to make further members. These kinds of IRs of the company are operated from different cafes and food courts situated in Delhi and NCR.
Those who join the company get user id etc and products like ravel packages, some other items etc are shown purchase from their money. The delivery address given in the portal is also found of overseas area most of the time and mostly that address is too fake type location only which shows that no products are being sold and it is a completely a money circulation scheme. Two websites were found involved in the namely and were found mated to Vihaan Direct selling (India) Pvt ltd which is stated Indian Franchisee of Hong Kong based net company. Investigations are on. Police are trying to unearth the whole network of the IRs on which this company is running its business unlawfully in Delhi. A case has been registered u/s 420/120B/34 IPC and 4/5/6 of Prize Chits and money circulation Schemes(Banning) Act,1978 .

Profiles of IRs
Himashu works with Samsung
Anita Jaggi works with RBS

jitu moni

5 months ago

Bluru QNet agent who earned 50L a yr as commission held
Mumbai: The Economic Offences Wing (EOW) has arrested Ram Singh, an accused in the Rs 1,000 crore QNet case, for earning Rs 50 lakh or more as commission each year from proceeds of the crime.

Singh, a Bengaluru resident, was arrested last week after the imigration authorities at Bangalore airport detained him over a look out circular notice (LOC) issued by the Mumbai police. "We are going through all his bank account details and trying to ascertain the source of money to his account," said DCP Pravin Padwal of the EOW.

Singh's name had cropped up during the initial investigation in 2013 but the police could not locate him then. In January 2015, a police team visited his Bengaluru residence but did not find him there. The house was locked. He is the 19th accused to be arrested in this case so far.

"We are working to arrest all the culprits in this case. A special investigation team has been formed to nab the othe accused invovled," said Dhananjay Kamalakar, joint police commissioner, EOW. Singh, said police sources, has been sending money to his daughter who is studying in Canada. "We have to know his source of income. He has sent a major chunk of money to Canada. We suspect this money was gained from QNet. Moreover, he was looking after the QNet business in Dubai and has been shuttling between Dubai and India. We got his passport number late. Soon after getting it, we issued an LOC notice and he was detained," said an officer.

A special MPIDA court in February this year rejected the anticipatory bail plea of Michael Ferreira (77) winner of the World Amateur Billiards Championship and a Padma Bhushan recipient, and four others, Malcom Desai, Vanka Srinivas, Maganlal Balaji, all directors of M/s Vihaan Direct Selling (India) Pvt Ltd and Suresh Themiri, director Transview Enterprises. They all have approached the high court now in the QNet case.

"They posed as a marketing firm which would sell bio-discs, watches, herbal products, holiday packages, etc. They even claimed that by using the bio-disc, one can cure cancer and brain diseases," cops said. Some money has been transferred to Malayasia, Singapore and Hong Kong, too, cops added.

jitu moni

5 months ago
Mumbai: The city's economic offences wing (EOW) is now looking into allegations that several Bollywood celebrities campaigned for the cheat firm, QNet, through advetisements or by promoting the schemes of the self-proclaimed marketing firm.

Gurupreet Singh Anand, complainant in the Rs 1,000-crore QNet cheating case, on Wednesday said at least four Bollywood actors promoted the Ponzi schemes at different times in the QNet's promotional programs in United Kingdom and Malaysia. He has submitted a 23-page letter wherein he has attached the celebrities' pictures promoting the programs.

"I have submitted letter and all the relevant information to the EOW on May 12. I am hoping some action soon," Anand told TOI. He alleged that the money was laundered from India to Hong Kong and Malaysia.

Anand was speaking at a press conference where suddenly a group of QNet sympathisers appeared with "I trust QNet" placards.. They were later asked to leave the conference room.

jitu moni

6 months ago

QNet: Secret SFIO report says MLM, Ponzi schemes a threat to national security
Read article

jitu moni

6 months ago

Hello Everyone

The company Qnet is celebrating VCon from 3-7 May. As a present,yesterday late night, I posted lot of comments on numerous pics uploaded on Instagram. I also posted on VChief Pathmans account. Unfortunately, they kept deleting my posts and had to ultimately block me. If each one of us, Indians, takes to instagram and starts posting messages like me, then they would have to either block us or abandon their account, which is their money making tool. You can start with Qnetofficial,TheV, Pathmans account, etc with phrases like Pyramid Scheme, Qnetscam, Franchise Fraud, Police arrests, court cases,Cheating, etc. They cannot stop us if we all work as one unit.

Hope we all teach them a lesson and save other fellow Indians.

Jai Hind

jitu moni

6 months ago
CM Devendra Fadnavis has assured detailed inquiry into QNet: BJP
Chief minister Devendra Fadnavis has promised to make a detailed inquiry of the alleged irregularities by the QNet multilevel marketing company and take action against the offenders, said BJP spokesperson Madhav Bhandari on Saturday. Former union minister P. Chidambaram’s wife was a legal counsellor with the company.

The QNet company, which was earlier known as Goldquest, has cheated 12 lakh people to the tune of thousands of crores of rupees. The court has rejected anticipatory bail to the accused in this case. When the CM was contacted about this, he promised to make a detailed inquiry and take action. If necessary, he said that the CBI’s help would also be taken, said Mr Bhandari.

The party spokesperson demanded that the role of former Union minister P. Chidambaram and his wife needs to be probed in this case. “Mr Chidambaram’s wife was a legal counsellor of the concerned company. Taking note of complaint registered by a lawyer from Chennai, the Central Vigilance Department handed over the case to the CBI. The complaint also has a mention of former Union minister Shashi Tharoor. However, the CBI did not investigate the matter during the tenure of Congress government at the Centre,” he alleged.

In Maharashtra, the wife of Gurpreet Singh Anand had in 2013 filed a complaint of fraud against the company. However, there was not much inquiry during the Congress-NCP regime. But since the court has denied anticipatory bail to other accused, including sportsman Michael Ferreira, the investigation can be expedited. Many sensational things are expected to come out in the investigation as the CM has promised to carry out a detailed probe in the case, said Mr Bhandari.

jitu moni

6 months ago

Mumbai police seeks Zee business help in probe of QNet

jitu moni

6 months ago
A group of investors in the QNet multi-level market case on Sunday gathered near Holy Family Church and marched as a protest and public awarness against ponzi schemes. The protesetors reached at the house of accused Padma Bhushan Michael feriera in the QNet cheating case. The protesters were holding placards that read, Michel Ferriera Shame Shame! and Ban QNet".

"We chose Bandra for protest since most of the accused in this scam reside here. We had informed the police in advance and stated that the peaceful march will be for awareness about such fraud schemes and protest against such ponzi schemes," said Gurpreet Singh Anand, the first complainant in the QNet cheating case. He added that thgough it was his birthday but he did not spend time at home and was busy in the awareness drive.
Similar protests were held in New Delhi, Bangalore and Hyderabad on Sunday. Last month a special MPIDA court rejected the anticipatory bail plea of Michael Ferreira, winner of the World Amateur Billiards Championship and a Padma Bhushan recipient, and four others in the QNet case. They have approached the Bombay High Court for anticipatory bail. Ferreira, 77, and others had applied for anticipatory bail in 2014.

jitu moni

6 months ago
The economic offences wing of Mumbai police, probing the multicrore Qnet scam, has issued notices to Indian Super League (ISL) officials to gather details about taking sponsorship from the tainted company.
Qnet had made celebratory association as the official direct selling partner of Goa Football Club (FC Goa) throughout the Indian Super League 2015 season, from October to December. FC Goa is a part of the ISL football league tournament. Sources said the police are trying to find out the how the proceeds of crime of a company under serious investigation, have been used to sponsor the team. Police are also baffled as how the Qnet managed to generate money when its accounts have been seized. "We have sum moned ISL officials to understand the amount and flow of money in their sponsorship from the Qnet company which had defrauded several investors," said an official.

jitu moni

6 months ago

The fight against the Qnet scam wheré more than 7000 crores of rupees has been laundered out to foreign shores from India has just got bigger.

The Saradha Scam which started mainly in Bengal looks relatively smaller compared to the Qnet scam which had defrauded people across various cities like Mumbai,Delhi,Bangalore,Hyderabad etc for over a period of 10 years.

To unite and protest against this MLM scam plaguing India, all victims,activists, are requested that they gather outside Holy Family church,Hill Road,Bandra West at 10.30 A.M. tomorrow 24th April,2016.

Various press and media agencies will be present to cover the event meet and address grievances to authorities.

The current government has taken note of the Qnet scam and matter will be taken up at upcoming Parliament session.

All Indians are cordially invited to support the cause and join in the protest. We need to end the scam by spreading awareness and recover the money taken away by the scamsters.

A request to all to please forward this message on Facebook, twitter and WhatsApp groups... Jai Hind


6 months ago

Adding to Hong Kong-based public relations firm Qnet’s woes, the Bombay High Court in a recent order rejected its appeal against an order to freeze its accounts by a Maharashtra Protection of Interest of Depositors (MPID) court.

The appeal in the HC on October 13 was filed by Concept Public Relations India Limited, which acted as a media co-ordinator for Qnet. The latter is being investigated by the Economic Offences Wing (EOW) for a financial scam involving ‘chain link multilevel marketing’. According to the police, people were encouraged to pay an amount and join as ‘members’ with the promise of high commissions for getting more such ‘members’ into the organisation. In the process, the appellant had admittedly received more than Rs 45 lakh as service charges. During the course of the investigation, the bank accounts of the appellant were frozen.

The counsel appearing for the company submitted that the company was only providing media and public relation services to Qnet. Being a professional services organisation, the company acted as a media service provider as proposed by Qnet, he contended, adding Concept is providing services to the other reputed organisations also and that the professional charges earned by the company cannot be frozen.

The Special Public Prosecutor told the court that the scam allegedly involving Qnet runs into hundreds of crores of rupees and is being investigated by the EOW, and that the investigating agency had sufficient material to freeze the company’s accounts.

We are listening!

Solve the equation and enter in the Captcha field.

To continue

Sign Up or Sign In


To continue

Sign Up or Sign In



The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)