MLM / Chain Money
CBI arrests three top company officials in chit fund scam cases
Kolkata: The Central Bureau of Investigation arrested three former directors of two Kolkata-based private companies in an ongoing investigation related to two chit fund scam cases on Thursday.
 
A CBI spokesperson said the accused had hatched a criminal conspiracy alongside others and illegally collected approximately Rs 565 crore from poor investors after fraudulently promising them high returns without any permission from regulatory bodies.
 
In pursuance of that, they allegedly committed cheating and criminal misappropriation of public funds, the spokesperson said.
 
The case was registered on June 6, 2014, on the orders of the Supreme Court dated 9.5.2014 passed in a writ petition against the officials of the said company.
 
During the ongoing investigation into another chit fund case, CBI officers arrested a former director of another Kolkata based private company for allegedly hatching a criminal conspiracy and illegally collecting approximately Rs 60 crore from poor investors by promising high returns, without any permission from the regulatory bodies.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

User

QNet: Hyderabad Police arrests 4 for cheating
Cracking the whip against agents of controversial multi-level marketing (MLM) company QNet, the Hyderabad City Police arrested four independent representatives (IRs) for cheating about 200 people under the pretext of giving a job and collecting around Rs2 to Rs3 crore.
 
In a release, the Hyderabad Police stated that cracking QNet case, they arrested four accused Sreenath Konda, Prasanna Kumar Reddy, Kanchana Vobbilichetty and Beemarthi Dhan Raj, who hatched plan to grab money from the innocent people on the name of providing job in e-commerce business through their websites, www.qnet.et and www.qnetindia.in.
 
 
"By using the registered ID the accused persons conducting seminars to the innocent peoples and giving false assurance that by making investment in QNet. The personals of QNet promised to provide job to them. The accused person uses credit card, debit card and e-card for making investment in QNet business while opening of portal in QNet website of innocent peoples. The accused persons used to take the innocent people to invest in QNet business, which is online business. After collecting cash from the innocent people, the accused persons open portal on the name of innocent people fails to give any clarity on QNet and they used to postpone the assurance of job to the innocent persons on one pretext or the other."
 
"The above accused persons cheated about 200 members and taken amount of rupees about Rs2 to Rs3 crore from the innocent peoples on the name of making false assurance to provide job. The Managing Director and Directors of  Qnet Ltd, Hong Kong and Vihaan Direct Selling (India) Pvt Ltd and the above accused persons used to visit frequently to foreign countries i.e., Malaysia and Dubai and spent the money lavishly by enjoying," the statement from Hyderabad Police says.
 
According to the Police, in this case, the Managing Director and Directors of QNet Ltd and Vihaan Direct Selling (India) Pvt Ltd and some others still at large and sincere efforts are in progress to apprehend them by the CCS Police.
 
Hyderabad Police also warned public not to indulge or make any investment in QNet and Vihaan Direct Selling in any form. "As per law every member who promotes such business and enlist other members also will be prosecuted treating as promoters of multi-level marketing, chain system business," the release says.

User

COMMENTS

Siva N

3 months ago

I am Sivananda Reddy, Bangalore, I am one of the victims of QNet.

One of my Ex colleague Chakrapani currently working in Wipro technologies and his team mates Atith, Rajeswari trapped me by calling to five star hotel(Marriott, Belandur, Bangalore).

Initially Mr Chakrapani called me 4 times for casual discussion over phone, he used to speak that he purchased a Duster car with down payment, financially free now, currently he don't have any opportunities, in case of such opportunities will inform to you like that and fifth time he called me and said this is very important call, just discussed with senior partner, according to him some positions are opened as part of massive expansion plan, offered me to join in his business. Initially i did not responded for him, he called me again and again and explained they have only two positions, no time for you to decide. still he said it's very difficult to take his senior partner appointment, will try to take appoint for you.
On next day he called me and said he booked the appointment at 4 PM, come to Marriott hotel in formals, don't delay, come 30 min. before the time.

After going there Atith & Rajeswari Explained indirectly about the business, this is like Amezan, Flipcart, some thing related to IT. they spoke very attractive manner and asked me to arrange 6 Lakhs money within 5 days. on next day Rajeswari and Chakrapani forced me to take personal loan, he said he is responsible for everything. As he is my ex colleague, Software professional and friend I trusted him and arranged money by taking personal loan.

Within a week again he arranged discussion with Atith, I asked around 10 times, what is the business, but Atith answered, you may be friend/colleague to one of QNet member Chakrapani, we are not supposed to give ground level business tricks and let you know after paying money. totally they confused me and did not gave time to think, I eventually get trapped, they took my Debit card & credit card and asked me to watch some videos and started purchasing, I asked what you are doing, they said we will explain later how we spent money. I spent 5 50 000 Rs by trusting my friend Chakrapani. They purchased some trip saver packages without my notice and not shared the details with me. entered wrong address, deleted QNet portal login credentials in my mobile.

After that they asked me to go through some books and Videos, then I understood this is network marketing, immediately called to Chakrapani, He said first read all books, not only network marketing, many things are there in business. they offered Malaysia trip and booked flight ticket and visa again from my credit card.

After going to Malaysia I understood completely about the QNet, Chakrapani and Rajeswari asked me to bring my family members and friends into this business similar to me, then i realised that this is network marketing (Chain business) I need to fool more and more people. Initially my friend told that he is responsible for my money and everything, now he is telling not possible to refund money, I asked multiple times how to go out from Business, started asking from 2nd week itself, every time he replied you cant quit now, he used to arrange discussions with Atith to create positive mindset. I felt very bad because I have taken personal loan for this, now i understood that These people are not less than criminals.

In my past 2 months I understood that same cheating happening every ware like Bangalore, Chennai, Hyderabad, Mumbai, Delhi etc. I have proofs, every ware they are cheating for people similar to me. they gave some stories to speak with people, I need to read them by calling to the friends and relatives by keeping one head phone in my ear and another head phone with Chakrapani or Rajeswari, they don't allow me to speak alone. from day one they monitored me everything.

They don't call from home, they select Malls and shopping complex like Forum/Central malls in Bangalore and start calling similar to above, If some one newly join like me they will keep monitor few days, even while talking with friends and relatives they will listen by taking one head phone.

I have some proofs for the same.




Thanks
Sivananda Reddy
Bangalore, India

gurupreet

3 months ago

💥📣 HYDERABAD QNETSCAM victims meeting update 📣💥
Dont REGRET later if you miss this meeting, for which we are taking special efforts.

Please gather tomorrow sharp 11AM at Sudarshan 35MM, RTC Cross Road, CHIKKADPALLI, HYDERABAD..
For answers to your questions

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 by 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 coming Sunday i.e 23rd of July 2017 is the BIG DAY finally , Please do join us at 11AM at the above mentioned address and the location is also attached here with.

Please do come and also inform other victims of the QNETSCAM in Hyderabad, Telangana and Andra Pradesh.

For details WhatsApp me on 7498063701 or call on +918978700018 and speak to Mr. Raghav.

Please pass this important message on all WhatsApp groups, Facebook and Twitter etc so all victims of QNETSCAM in Hyderabad and around can attend.

Those who are attending please confirm in advance as we have limited capacity only🙏

Jai Hind

gurupreet

4 months ago

#QNETSCAM & SUPREME COURT MATTER UPDATE - Please read till the end.

Dear Members,

Jai Hind to all. As you are aware I have had fought the QNET SCAM since last 4 years and devoted all these years full time towards taking effort to expose the QNET SCAM because of which millions of innocent people in India are loosing thier hard earned money and due to my efforts the #QNETSCAM had almost come to a stand still.

This fight has had taken a HUGE effort and affected my personal and professional life beyond what can be explained here, though all cases in which I appeared had verdicts coming in favor of the victims of #QNETSCAM

In Bombay High Court and the Supreme Court I have faced the best and most expensive lawyers in India like Mahesh Jhetmalani , Kapil Sibbal, Salman Kurshid , Dushant Dave etc but they could not protect the accused involved in the #QNETSCAM till recently when...

These accused cheated and played FRAUD upon the Supreme Court and obtained an stay order on all proceedings against QNET all over India. It is very very Important for all of us to come together and unite so that this fraud can be exposed and correct facts are brought before the Supreme Court.

To carry forward this fight further I need to move to Delhi and need support from you all without which this fight will come to an end. I request Donations from you all for fighting this #QNETSCAM which is destroying lifes, families and careers and thousands of crores are being laundered out of our country India.

I request donations and the same can be send thru Bank transfer or deposits in my bank account number as below:

Account number: 32280724593

BANK:
state bank of India, Lokhandwala branch


IFSC: SBIN0013204


Name as in bank records: Gurupreet Singh Anand

You can also donate via Paytm on 7498063701. Any donations big or small are welcome.

Other help in form of a place to stay in Delhi and if anyone has an extra activa or similar gear less two wheeler which I can use is also welcome. If you think you can help in any other ways please whatsapp me on 7498063701

Regards

Gurupreet Anand



Please pass this message to all groups, Facebook, Twitter, activists, members and victims of QNETSCAM, please join the fight in exposing the biggest ponzi scheme in India and stop the money being laundered out of our country



Vande Matram

gurupreet

9 months ago

QNET VICTIMS please beware of this shady character one Mr. Rafiq whose posing as an "High Court Advocate & RTI Activist" at various online web sites.

This guy is a sweet talker and will promise you refund from QNET if you appoint him as an advocate, he is doing nothing but cheating your further...here is his modus operandi...

He also claims to be behind several actions that have been taken place by mumbai police and FFVA but the FACT remains that he has nothing to do with any of these actions being taken all over India.

He will convince victims to appoint him as an ADVOCATE and thereafter tell victims to deposit Rs 50,000 in various bank accounts to show that he has been apponited.

He will promise that he will return back the money after showing that to QNET office but the FACT remains that after the money is transferred he will stop recieving your calls and vanish .

We have recieved multiple complaints against this FRAUD, please BEWARE you all have already been cheated dont get cheated again.

For your REFUNDS only follow the correct and LEGAL way to get your refunds along with compensation, for more info do drop us a email at ffva.in@gmail.com

FFVA i.e Financial Frauds Victims Association has been formed to help and provide legal aid to victims of QNET SCAM.

http://www.mid-day.com/articles/qnet-forms-financial-fraud-victims-forum-scam-gurupreet-singh-anand/17659179

Please stay away from crooks and fight for your legal rights in correct and proper way.

Regards
Gurupreet

gurupreet

9 months ago

QNET VICTIMS please beware of this shady character one Mr. Rafiq whose posing as an "High Court Advocate & RTI Activist" at various online web sites.

This guy is a sweet talker and will promise you refund from QNET if you appoint him as an advocate, he is doing nothing but cheating your further...here is his modus operandi...

He also claims to be behind several actions that have been taken place by mumbai police and FFVA but the FACT remains that he has nothing to do with any of these actions being taken all over India.

He will convince victims to appoint him as an ADVOCATE and thereafter tell victims to deposit Rs 50,000 in various bank accounts to show that he has been apponited.

He will promise that he will return back the money after showing that to QNET office but the FACT remains that after the money is transferred he will stop recieving your calls and vanish .

We have recieved multiple complaints against this FRAUD, please BEWARE you all have already been cheated dont get cheated again.

For your REFUNDS only follow the correct and LEGAL way to get your refunds along with compensation, for more info do drop us a email at ffva.in@gmail.com

FFVA i.e Financial Frauds Victims Association has been formed to help and provide legal aid to victims of QNET SCAM.

http://www.mid-day.com/articles/qnet-forms-financial-fraud-victims-forum-scam-gurupreet-singh-anand/17659179

Please stay away from crooks and fight for your legal rights in correct and proper way.

Regards
Gurupreet

Venky Kamarthapu

11 months ago

me to cheated by my cousion brother

upto 2.25 invested and wasted my time am money

Narinder Sarao

12 months ago

I was cheated by my neighbour whom I trust the most. I was trapped in this scheme by his senior and invest 3 lakh in this business of qnet.Now I come to know about this , it is just to fool your trustworthy people. Also I have signed an affidavit from qnet company for the purchasing by money which I have invested. Now I cant able to file case on that fucking neighbour because of affidavit which I have signed. Please advise me what can I do to take my money back.

REPLY

vimlesh

In Reply to Narinder Sarao 11 months ago

Be ready to fight against QNET/VIHAAN and all your uplines including friend.
Find QNET REFUND PROCESS and COMPLAINT AGAINST QNET procedure as below.
1st Option
If your purchase on product receipts is in INR rupees then with in 30 days of purchase or if your purchase is in USD dollar then with in 7 days you can send email to Qnet customer support for refund otherwise Qnet will deny you refund. Then go to 2nd option which all need to go for even after you get refund to get QNET banned from India and to save our brothers & sisters.
1. Get your IR ID first. It will come to your mail box once your upline register your email id on portal. If email id is given wrong then call Qnet customer support numbers and complain about your upline. Ask your IR ID and products purchased details from them.
2. Send a cancellation mail for both products and IR ID to the support team of QNET with a subject line as "REFUND IN****" provinding all details of transactions and product details.Usually IR number will be like IN4444 and all. Attach scanned PAN CARD and product receipts in the mail to them.
jasvinder.kaur@qnetindia.in
rekha.s@qnetindia.in
jyoti.s@qnetindia.in
Veronika.c@qnetindia.in
support.centre@qnetindia.in
global.support@qnet.net
Eva.sin@qnet.net
3.Once this mail is sent, the support team will create a CRF number and sends to Hong Kong team for approvals for the refund request. It will take 15-20 working days for the approvals for refund request.
4.Meanwhile, mail them or call them on every alternative days for an update. QNET Numbers are :
9900060061,62,64,68-Veronika
9900060605, 9148149320Jasvinder
5.Once Refund request is completed ,they ask for the mode of payment. Better go for Money transfer to your account. If you opt for account transfer, then you have to send a scanned copy of your cancelled account cheque leaf or bank statement.
6.After 20 working days, you will get your money refunded of the product to your bank account.
7.Rest of money left , you collect from your upline by filing complaint in local police station.

2nd Option
pls all go for 2nd option even if you get money refunded as per option 1 by QNET to ban QNET and save indians.
File written complaint/FIR against your friend and all uplines at local police station and write in complaint that QNET is running money circulation scheme which is banned in india as per prize ,chit and money circulation scheme ,1978. Your uplines will be called by police and they will return you money through QNET or themselves as you can not get refund from Qnet after 30 days are over if products purchased through indian portal and after 7 days if purchased through world portal. Warn your uplines that you are going to file complaint/FIR against them. Besides above process kindly by post or by hand send your complaint to THE DCP, ECONOMIC OFFENSES WING, MANDIR MARG, DELHI also to ban QNET by using format of complaint given below.
https://drive.google.com/file/d/...
In your complaint attach uplines photos, mobile numbers, your bank account statement if you transferred money from your account to upline account or cash/DD deposit receipt, pan card, address proof, purchase receipts. Mention in your complaint that meeting took place nearby your home or office otherwise local police will ask you to lodge complaint at police station where actual meeting took place. File complaint at your nearby police station and EOW DELHI both to fight against QNET. Do not sign any affidavit asked by your uplines to give back your money. Please whatsapp me at 9702003368 only if any confusion.

vimlesh

In Reply to Narinder Sarao 12 months ago

Whatsapp me on 9702003368. I will help u.

Nagendra Babu Koripalli

1 year ago

Dear Guys,

Don't believe QNet Company(Not even a branch office in India).
I called to one of my friend while I was working abroad. He said he is visiting Malaysia for a business oppourtunity and he had great confidence in improving this business. I asked him what is it about and He said "cannot explain on phone and need face to face meeting".
After I reached India, I called him as a friend and fixed time to meet and enjoy the evening.
As we met in the evening he tried to explain to me regarding the business oppourtunity at QNet. As I was aware about pyramid type of schemes implemented by MLM companies, I told him it is fraud. He objected and said they will do business based on relationship rather than anything. He said some bullshit about business and which is not workable as the pyramid builds up more people are going to loose their fortune. My friend asked me to meet his senior and he will explain in detail and clear my doubts. He said the person is very brilliant, he worked in top 5 companies in India, blah blah blah. Although I was aware about this type of hype I said " Ok Will behave So". They have arranged meeting at Westin Hotel at Hyderabad. Me and my friend went to the hotel and sat in the lobby and my friend started calling and sending watsapp messages to his so called seniors(Useless fellows). My friend asked me to wait in the lobby, he and his senior went to the Toilet and discussed about the knowledge I have abt the business. My friend and his senior came to me and his senior started to ask me " what is your understanding about doing business?"
"Why do you want to do business?" "What do you know about QNet?" and started to describe the abilities and talent of his senior and asked me to behave before his senior.My friend asked me to tell everybody that "He didnot say anything about the business" and I told them that I was unaware abt the business they are doing.
Now they said I am going to meet his senior. We went to the dining table across the corner and met his senior(Very intelligent as per QNet People). He started acting like he was busy talking in phone and maintaining multiple phones and Ipads(Just hyping himself). Then he asked what do I know about Multi Level Marketting and QNet business strategies. After some talk he said they are not concentrating on promoting products but their strategy depends on how many people can I bring into the organization. They say their business is purely systematic( Not systematic -- barbaric), My friend joined by paying 5.5Lacs purchased tourism package(useless package) and a watch(They say limited edition watch). When I asked about investment he said I will be getting only tourism package for 10 Lacs(I am unaware why system changed here).

As I am screwing the person with the details I require to do an investment with QNet and how I am going to bring people into the company. He always says there will be training sessions and I need to join inorder to avail training.
Afterthat he changed the discussion to general issues avoiding further embrassement.

I sincerely request you folks "Please don't join QNet as it is not worth you pay them and mere waste of time and efforts".

REPLY

Varra Venkata Reddy

In Reply to Nagendra Babu Koripalli 1 year ago

Thank you very much

gurupreet

1 year ago

GOOD NEWS...QNET VICTIMS IN MUMBAI...DEDICATED QUESTIONS & ANSWERS SESSION FOR QNET VICTIMS on Sunday 18th September 2016.

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 allotment..so make sure to reach in time __/\__ . You can contact on 7498063701 in case of difficulty in locating us :)

Jai Hind.

atul gupta

1 year ago

Madras High Court in 2005 declared MLM as illegal business. Qnet previously known as Goldquest and Questnet have been declared fraudulent companies by SFIO and Parliament of India. Qnet founder Vijay Eswaran is an accused in fraud Goldquest case filed by Chennai police in 2008. MPID Act have been imposed on Qnet and Bombay High Court has declared it as nothing but money circulation as per PCMS Act. Enforcement Directorate has registered a case and Economic Offenses Wing Mumbai has arrested few leaders like Ram Singh of Qnet Infiniti group. Lookout circular issued against Infiniti leaders like Sachin Gupta, Kavita, Sharfun Shaikh, who have fled to places like Dubai. CERT has blocked Qnet websites under Court’s order. CB-CBI of Andhra Pradesh shut down Questnet and case is going on in court. Govt of Andhra Pradesh has passed order for attachment of properties of Questnet. Questnet MD Pushpam Appalanaidu has been arrested. Michael Ferriera of Team Faith and shareholder of Vihaan Direct Selling, a franchise of Qnet have been denied anticipatory bail by High Court. Maharashtra CM has assured enquiry into Qnet operations. Now case has reached in supreme court and I am sure that after rejection of anticipatory bail finally from Supreme Court Vihaan Directors and Michael ferreira along with suresh thimri will go to jail. In India Qnet IR are duping and looting people on daily basis by using planned scripted way of showing their knowns and friends a business opportunity and chance to earn 5 crores in 5 years of project in partnership. They lure friends for investment from 3 lakh to 10 lakh to start business and after taking moneybuy products on online store of Qnet portal which are very expensive and useless products. Real purpose is not to sell products online but to induce new IR to indulge in chain business to trap more and more people for earning huge commissions through binary compensation plans. Even after cases going on Qnet in all over India still these agents are continuing this banned business of Qnet agressively.

atul gupta

1 year ago

Madras High Court in 2005 declared MLM as illegal business. Qnet previously known as Goldquest and Questnet have been declared fraudulent companies by SFIO and Parliament of India. Qnet founder Vijay Eswaran is an accused in fraud Goldquest case filed by Chennai police in 2008. MPID Act have been imposed on Qnet and Bombay High Court has declared it as nothing but money circulation as per PCMS Act. Enforcement Directorate has registered a case and Economic Offenses Wing Mumbai has arrested few leaders like Ram Singh of Qnet Infiniti group. Lookout circular issued against Infiniti leaders like Sachin Gupta, Kavita, Sharfun Shaikh, who have fled to places like Dubai. CERT has blocked Qnet websites under Court’s order. CB-CBI of Andhra Pradesh shut down Questnet and case is going on in court. Govt of Andhra Pradesh has passed order for attachment of properties of Questnet. Questnet MD Pushpam Appalanaidu has been arrested. Michael Ferriera of Team Faith and shareholder of Vihaan Direct Selling, a franchise of Qnet have been denied anticipatory bail by High Court. Maharashtra CM has assured enquiry into Qnet operations. Now case has reached in supreme court and I am sure that after rejection of anticipatory bail finally from Supreme Court Vihaan Directors and Michael ferreira along with suresh thimri will go to jail. In India Qnet IR are duping and looting people on daily basis by using planned scripted way of showing their knowns and friends a business opportunity and chance to earn 5 crores in 5 years of project in partnership. They lure friends for investment from 3 lakh to 10 lakh to start business and after taking moneybuy products on online store of Qnet portal which are very expensive and useless products. Real purpose is not to sell products online but to induce new IR to indulge in chain business to trap more and more people for earning huge commissions through binary compensation plans. Even after cases going on Qnet in all over India still these agents are continuing this banned business of Qnet agressively.

atul gupta

1 year ago


Be ready to fight against QNET/VIHAAN and all your uplines including friend.
Find QNET REFUND PROCESS and COMPLAINT AGAINST QNET procedure as below.
1st Option
If your purchase on product receipts is in INR rupees then with in 30 days of purchase or if your purchase is in USD dollar then with in 7 days you can send email to Qnet customer support for refund otherwise Qnet will deny you refund. Then go to 2nd option which all need to go for even after you get refund to get QNET banned from India and to save our brothers & sisters.
1. Get your IR ID and products receipts first. Both will come to your mail box once your upline register your email id on portal. If email id is given wrong by your friend/upline then first send email to Qnet customer support with copy of Pan Card and ask them to update your email id first. Qnet will confirm you updation of your email id. Then call Qnet support and ask your product purchase details.
2. Send a cancellation mail for both products and IR ID to the support team of QNET with a subject line as "REFUND IN****" provinding all details of transactions and product details.Usually IR number will be like IN4444 and all. Attach scanned PAN CARD and product receipts in the mail to them.
jasvinder.kaur@qnetindia.in
rekha.s@qnetindia.in
jyoti.s@qnetindia.in
Veronika.c@qnetindia.in
support.centre@qnetindia.in
global.support@qnet.net
Eva.sin@qnet.net
3.Once this mail is sent, the support team will create a CRF number and send to Hong Kong team for approvals for the refund request. It will take 20-30 working days for the refund to be processed by Qnet.
4.Meanwhile, mail them or call them on every alternative days for an update. QNET Numbers are :
9900060061,62,64,68-Veronika
9900060605,9148149320Jasvinder
5.Once Refund request is completed ,they ask for the mode of payment. Better go for Money transfer to your account, then you have to send a scanned copy of your cancelled account cheque leaf or bank statement.
6.After 20 working days, you will get your money refunded of the product to your bank account.
7.Rest of money left , you collect from your upline by filing complaint in local police station.

2nd Option
pls all go for 2nd option even if you get money refunded as per option 1 by QNET to ban QNET and save indians.
File written complaint/FIR against your friend and all uplines at local police station and write in complaint that QNET is running money circulation scheme which is banned in india as per prize ,chit and money circulation scheme ,1978. Your uplines will be called by police and they will return you money through QNET or themselves as you can not get refund from Qnet after 30 days are over if products purchased through indian portal and after 7 days if purchased through world portal. Warn your uplines that you are going to file complaint/FIR against them. Besides above process kindly by post or by hand send your complaint to THE DCP, ECONOMIC OFFENSES WING, MANDIR MARG, DELHI also to ban QNET by using format of complaint given below.
https://drive.google.com/file/d/0ByQ-yz2wwceEX3BEV3kxZlNkbDg/view?usp=drivesdk
In your complaint attach uplines photos, mobile numbers, your bank account statement if you transferred money from your account to upline account or cash/DD deposit receipt, pan card, address proof, purchase receipts. Mention in your complaint that meeting took place nearby your home or office otherwise local police will ask you to lodge complaint at police station where actual meeting took place. File complaint at your nearby police station and EOW DELHI both to fight against QNET. Do not sign any affidavit asked by your uplines to give back your money.

vimlesh

1 year ago

QNET-Cheating in the name of trust.
I have been cheated by Qnet IR(Independent Representative-Agent) IN400465, Mudit mishra, 9702003362(Sr Managar, Idea Cellular Ltd Mumbai corporate team). He convinced me to put INR 450,000/- and asked me to make Demad draft in the name of Vihaaan Direct selling, saying that this is for tracking centers for business opportunity.He never disclosed the name of the company before putting the money, type of work to be done, my role in the company, returns from investment etc.

He told many things.

1. This is business opportunity.
2. You will earn 5.2 cr per year.
3. This opportunity is for generations. We are doing registration for 120 years.
4. This is not for you, but for generations to come. Your wife and childeren can work in place of you if you are no more.
5. Mudit Mishra said, "sometimes in a single day, I earn more than your months salary".
6. "Dont you believe me, have faith on me. I am sr manager with Idea Cellular Ltd, Corporate team".
7. He convinced me to take the loan for the same too.

8. "Do you want to do this Gulami or live a free life by becoming financially free".
9. "If business did not work out I will give you double of your investment after 5 years".

He passed many sarcastic comments in convincing me, day in and day out.

He did not tell me the modus operandi and name of the company before putting money in. After transferring money he gave me a receipt which says, I have purchesd some product " QVI Club Gold Vacation Club Membership(INR 315,675.00) and Q-breaks 13D/12N Sawadee Samui(INR 116,800.00)" but actually I did not purchase this.

Infact on asking Mudit Mishra about the refund, he denied saying "there is no refund policy", but actually it is there. He did not let me know about the policy and he pushed me to continue, saying " If you have started something then you should not move back, you should move till the end", but after following him for 4-5 months, I realized there is no end and I would end-up criminalizing the society and myself. It is the breach of trust.

Now he is asking me to either work(recruit more people) or forget the money.

It was all done in 2 meetings.
One on weekend, saturday 4:00 PM. Other on thursday. I took leave from office as mudit mishra insisted me that Santosh rao(his super great senior) is very busy, he can meet only on week days(actually money can be transferred easily on working days).........Santosh took me to nearest branch of icici bank in his red BMW car. These people just play with words........All these are greedy people........Finally I have EMIs for the next 4 years.......Total amount including interest is more than 6.5 lacs.

Please!!!!!!! Beware of this Con-Man. He carries a dual behaviour.
His aids are 1. Rupesh shinde 2. Santhosh Rao 3. Chandrakant Dalvi 4. Pooja soni 5. Jayesh Surve

REPLY

lokesh k

In Reply to vimlesh 1 year ago

what happen ur money not refunded ah......

vimlesh

In Reply to lokesh k 1 year ago

No

PACL Scam: SEBI gets Rs30 crore by selling 30 luxury cars in first auction
Market regulator Securities and Exchange Board of India (SEBI) has managed to auction 30 luxury cars out of 47 owned by controversial PACL Ltd (erstwhile Pearl Agrotech Corp) that would help it garner about Rs30 crore, says a report.
 
Quoting Bhanu Kumar, regional manager of MSTC, which conducted the auction, the report from Business Standard, says, ""It was an excellent auction. About 109 bidders participated. 30 vehicles have been sold. The total sale value was around Rs30.5 crore. The remaining 17 vehicles could not meet the reserve price."
 
SEBI is selling these vehicles owned by PACL under the aegis of Supreme court-appointed Justice RM Lodha Committee. The Lodha committee is supervising the Supreme Court ordered process of selling PACL's assets across the country and refunding Rs49,100 crore collected from over 56 crore investors.
 
Among the vehicles that were put on sale includes a Rolls Royce, a Bentley, a Porsche and several other luxury cars and sports utility vehicles (SUVs) including Jaguars, BMWs, Audis and Lexus.
 
The apex court in an order on 2 February 2016 set-up a committee headed by its former chief justice RM Lodha to sell assets of PACL to refund investors Rs49,000 crore collected through collective investment scheme that were held as illegal by market regulator SEBI.
 
 Directing that no court in the country would entertain any plea in respect of the sale of PACL assets, the bench also restrained the PACL from going for any more investments from the public.
 
The court directed the committee to appoint experts to assists in the sale of land and directed the SEBI to appoint a nodal officer to for investor grievances.
 
The money to be refunded to the investors was allegedly collected by PACL and Pearls Golden Forest Limited - two companies belonging to Nirmal Singh Bhangoo-managed group - in the name of sale and development of agricultural land. 
 
As reported by Moneylife, the Indian government plans to file extensive legal documents in the Federal Court detailing how $133 million defrauded from poor and 'gullible' investors in India was siphoned off to buy property in Australia. (Read: PACL Scam: India eyes USD 133 million 'invested' by Bhangoo in Australia)
 
"India's premier policing body and its corporate regulator have sent teams to Australia in recent days in an attempt to recover the money they claim was defrauded from investors in India's $10 billion Pearls Ponzi scam. It (the Indian government) will also conduct investigations into dealings in Australia into what it terms a 'larger conspiracy'," the report filed by Greg Bearup and Anthony Klan says.
 
According to The Australian, the Indians have been assured that they will receive assistance to help recover the money and to investigate any crimes that may have been committed in Australia. India's Central Bureau of -Investigations claims that between 2009 and 2013 at least $133 million was illegally siphoned off by the directors of Pearls India - four of whom are now in jail awaiting a trial - and sent to Australia.

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