Citizens' Issues
‘Voice of People’ is another Speak Asia by the looks of it

The newest multi-level marketing company also makes it mandatory for panellists to subscribe to its online magazine, while promising income on filling consumer feedback surveys

Voice of People (VOP), another Singapore-based multi-level marketing company, which like Speak Asia promises a weekly income on filling survey forms, has started operations in India. The company is called 'Voice of People Media & Advertising Pvt Ltd' and its business model is interestingly similar to Speak Asia, which is now under the scanner of the authorities for allegedly duping investors with dubious claims.

VOP launched its operations in India recently, with a registered office in Gurgaon, and it says that it is registered under the Companies Act of 1956.
The company guarantees a weekly income to panellists on filling the survey forms and it has an online magazine that panellists are required to subscribe to.
VOP says on its website that it is a pioneer online consumer feedback company and it claims to organise and provide consumer feedback to leading manufacturers and service providers through activities such as advertisements, television infomercials, website infomercials and product sales and references. Some of the big names it lists are Unilever, Proctor & Gamble and Cadburys.

People seeking to register as panellists require to pay Rs1,000 for a single registration and Rs2,750 for a tripod registration. VOP explains that there is no registration fee and that the charges are for the purchase of a start-up manual.

The start-up manual provides comprehensive information on participating in the consumer feedback activity along with information on new products and services.

However, a panellist from Bareilly, who invested in the company's plan, told Moneylife that he was asked to pay Rs11,000 as registration fee. The company apparently sends registered panellists two surveys weekly and pays them Rs500 for filling each survey.

The reward points earned by filling these surveys are reflected in the account of the panellist and the company assures that the payments will be made once it opens a bank account.

The dollar equivalent for a single subscription is $20. The subscription is valid for a maximum period of 52 weeks and one can earn reward points each worth 1$ through giving feedback.

VOP guarantees that once $80 or more is collected as reward points in the panellist's account, this can be redeemed against discount coupons, loyalty cards, gift vouchers, or against the product of one's choice from a prepared list.

Referring the scheme to a new person can earn a panellist 10% of the subscription amount by way of reward points and in addition 10% of the royalty once the new panellist completes the first consumer feedback.

User

COMMENTS

swamiji

5 years ago

Respected Sir,

A company named Profit Zone Edutech Pvt. Ltd. (www. profitzone.co.in) is cheating to Indian public by its Business Plan. Its indian customers joining other people and pay their commission/incentive by cheque. they are commit people to pay 20% monthly throw it's business plan and the are also distributing money like a mlm company, as we already cheated by this type of company like max forex, stock guru, money mantra, florenza, b.k house, speak asia, goldsukh ...ect. The company's m.d Mohan Chauhan is already jailed in uttrakhand for another fraud smart link a survey base company was not registered in India. All mlm leaders beware from this company he will be again cheat we all. go and launch FIR against him, we at maharashtra already launch a FIR against him today. He is a fraud be careful.

swamiji

5 years ago

Respected Sir,

A company named Profit Zone Edutech Pvt. Ltd. (www. profitzone.co.in) is cheating to Indian public by its Business Plan. Its indian customers joining other people and pay their commission/incentive by cheque. they are commit people to pay 20% monthly throw it's business plan and the are also distributing money like a mlm company, as we already cheated by this type of company like max forex, stock guru, money mantra, florenza, b.k house, speak asia, goldsukh ...ect. The company's m.d Mohan Chauhan is already jailed in uttrakhand for another fraud smart link a survey base company was not registered in India. All mlm leaders beware from this company he will be again cheat we all. go and launch FIR against him, we at maharashtra already launch a FIR against him today. He is a fraud be careful.

swamiji

5 years ago

Respected Sir,

A company named Profit Zone Edutech Pvt. Ltd. (www. profitzone.co.in) is cheating to Indian public by its Business Plan. Its indian customers joining other people and pay their commission/incentive by cheque. they are commit people to pay 20% monthly throw it's business plan and the are also distributing money like a mlm company, as we already cheated by this type of company like max forex, stock guru, money mantra, florenza, b.k house, speak asia, goldsukh ...ect. The company's m.d Mohan Chauhan is already jailed in uttrakhand for another fraud smart link a survey base company was not registered in India. All mlm leaders beware from this company he will be again cheat we all. go and launch FIR against him, we at maharashtra already launch a FIR against him today. He is a fraud be careful.

RAJESH KOHLI

5 years ago

VOICE OF PEOPLE IS FRAUD COMPANY IT IS NOT PAYING SURVEY INCOME SO BROTHER GIVE ME EOW ADDRESS

REPLY

Amit Jain

In Reply to RAJESH KOHLI 5 years ago

Plz contact me if u want to recover ur money
09811636523

unknown

In Reply to Amit Jain 5 years ago

hey friends santosh tamang is in kathmandu now and he will never be come back, but his sister is in dehradun as i heard, she lives in dehradun, santosh tamang is running vop in nepal also, he is director in voice of people media and advertising pvt ltd. he got all vop money by axis bank account

sudhir

In Reply to unknown 5 years ago

santosh tamang is open one more company with the name stepin mart it is also survey company. it will soon to be launch in india..........be careful

amit

In Reply to unknown 5 years ago

Hi All,

As I know santosh tamang was looted by many mlm leaders, he want to run company positively but leaders didn't allowed him and he became fool, i had a conversation with him few days ago. He don't have plan to launch any company in India now, as per conversation he will be back to trading business.

suraj

In Reply to unknown 5 years ago

hey friends,

santosh is not in kathmandu, he shifted to uk now, this is latest news.

parveen sharma

5 years ago

plz take action against Voice of people. It is not paying us plzzzzz

Rajesh Kothari

5 years ago

http://www.iforex.in - a company based out of Greece may be another one. Their advts are very frequent by Yahoo.

Read fine prints and feedback and complaints from people and you would know that there is something fishy.

keke

5 years ago

MLM is against traditional Christianity.

MLM is un-islamic.

MLM is against the Hindu ethos

MLM marketing techniques are based on American evangelical pedagogies.

Vikas Gupta

5 years ago

There are a lot of MLM Companies operating from overseas but the Govt. is taking actions against very few companies.One live example is INSTANT FOREX whose entry ticket was more than 17,000/- per ID & The Co. had vanished after taking Crores of Indian Money but no action has been initated till date

Kishore N

5 years ago

MONEY CHAIN

(Madhyamam dated 3.9.2011)

UNV PLUS TOURS AND LOGISTICS

http://www.unvplus.com


POLICE REGISTERS CASE AGAINST PROMOTERS OF KOZHIKKODE (CALICUT, KERALA) BASED 'UNV PLUS TOURS AND LOGISTICS', MANOJ KUMAR, VIPIN AND RANJITH

REPLY

Kishore N

In Reply to Kishore N 5 years ago

Amway refutes unfair practice charges


http://english.manoramaonline.com/cgi-bi...

Kishore N

5 years ago

Dr. Harish Maddineni an international fraud?

Madyamam news paper reports (2.9.2011) that Nano Excel MLM fraud Harish Maddineni, who was arrested by Hyderabad Police a few days back was having international business dealings. Only a national investigation agency can unravel his international frauds. Now the case is being investigated by Andhra and Kerala Police only. Nano Excel cheated many people from across India. He had customer service centers at SURAT (GUJARAT), BANGALORE (KARNATAKA), MUMBAI (MAHARASHTRA), COIMBATORE (TAMIL NADU), THRISSUR (KERALA).
He had business dealings in MALAYSIA, UAE and PHILIPPINES. He was reportedly having a Medical degree from RUSSIA. He had used the name of former President of India Dr. A.P.J. Abdul Kalam for his Nano Excel Company among the investors for acceptance. His products of Nano Technology were fake. He imported all these products from CHINA and KOREA. He claimed that company would be starting a power project in ARUNACHAL PRADESH.

Nasiruddin Middya

5 years ago

WELL DONE FOR INDIANS

VOP Member

5 years ago

Thanks for publicity of our company “voiceofpeopleonline.net”. It is a purely Indian based company not exactly Singapore based. Hope they have shown HQ @ Singapore to work globally. Yes! The business module is similar but our proprietor & managements are not connected with Speak Asia.
Speak Asia gone forever!! We the members of VOP say loudly & proudly our company is registered in India. As per my knowledge they haven’t left any loop hole for probe & nobody will banned our business operation in India. So, it’s our turn to earn solid capital. Thanks again!! Carry on publicity.

REPLY

Aye Raja

In Reply to VOP Member 5 years ago

The website says "Voice of People Singapore Pte Ltd". So it is Singapore based. It looks like crooks have found a way to easily vanish cash via that country.

May VOP vanish soon. Is that how you guys wish each other :-) ?

Govindan

In Reply to VOP Member 5 years ago

SAOL vanishes VOP surfaces. Great magical act indeed !! Speak Asia says their business model is a secret. Then how did you adopt their business model?

Hope you will change your HQ to USA shortly for more global "work" and earn more "solid" capital from India !!! After some time you can also vanish into thin air and reappear by "phoenixian" act !

Thank you Moneylife for giving free publicity to "supernatural" companies.

VOP Member

In Reply to Govindan 5 years ago

Nothing is gurranted in this world my dear Govindan! It is an perlunching phase, Those who join sooner he will earn good income it is an rule of MLM. Just take risk of two ppl. Those who get "Salman khan" in both leg he will become a best actor. In our nation there is no law & order for MLM, So there are hundreds of companies are born in you land. We are just a members of one of the company named Voice Of People.
It your choise weather to eat or drink!!
All the best!!

Govindan

In Reply to VOP Member 5 years ago


Those who have chosen to eat & drink very early in your previous "avatar", now getting free meals, dear.

So; you know that your VOP is illegal and knowingly you are in it. Ok. thank you. take care.

Arun Kumar Yadav

In Reply to VOP Member 5 years ago

Dear Govindam & VOP member why are you pulling legs of each other. If the VOP has been given a ROC in India, it is the duty of the Govt. to see that what business this company is going to do in India and whether it is valid or invalid? Thus, Govt. authorities should take care of it and we should refrain ourselves from involving in such activities till Govt. (RBI) gives a final approval/permission to VOP, and we must see a copy of that approval, before joining it. Otherwise it can say (pretext) that RBI is not permitting it for releasing the payment of VOP members, at the time of making payments. Rest you must be intelligent people.

Govindan

5 years ago

MULTI LEVEL MARKETING FRAUD

HYDERABAD POLICE
PRESS NOTE (30.08.2011)

Appeal made by the Hyderabad Police:

General public should be vigilant and should not encourage this types of schemes by enrolling themselves into the scheme and encouraging or enforcing on others (mostly their friends & relatives) in Multi Level Marketing.

I request everyone to read this new Press note:

http://www.hyderabadpolice.gov.in/main/p...

Income-Tax Department detects and destroys 11.69 lakh multiple PAN cards

Most of these cards were issued on applications by people who had lost their PAN cards, without realising that they should apply for duplicate cards on the old number

The Income-Tax Department has detected and destroyed 11.69 lakh multiple PAN cards found in the name of a single person, according to the latest information available. However, there is no information how many more such multiple cards exist.

Replying to a question on the issue in parliament earlier this month, minister of state for finance SS Palanimanickam said, "The Department has identified multiple PANs belonging to the same person through an automated computer system. Till date 11,69,238 multiple PANs have been detected and deleted."

A PAN (permanent account number) card is a photo identification that is now mandatory for major financial transactions and all banking business. They are issued by the Income-Tax Department on a simple application for a charge of Rs94. About 12.10 crore people have been issued PAN cards up to 31 March 2011, an increase of 26% from the year before.

According to the guidelines, owning more than one PAN card is against law and the person can be penalised for this.

Experts suggest that this phenomena is due to unawareness among the people, who commonly apply for a fresh PAN card on the loss of the card, when actually they should apply for a duplicate card giving the old number.

Multiple cards on the name of a single person also means difficulties for the I-T department to compute tax assessment with different PANs being used for different transactions.

In order to get over this problem of duplicate PAN cards, in April the government decided to start issuing biometric cards to taxpayers.

User

COMMENTS

Rabindra Kumar

3 years ago

i have one pan card as no.AHCPK8267E which is not active as per income tax department and another pan no.AHJPK1210C are issued by income tax office bhopal which is active but i have not received the same. therefore i have not deposited return for the Asst.Year 2013-14, what can i do for activate pan no.AHCPK8267E

vikas

5 years ago

I guess a small correction is needed...holding more than one PAN card is not illegal. Holding more than one PAN is surely illegal. Reason is that one may get more than one card bearing same PAN...everytime when person apply for update in his details e.g. - change in address. For such update surrender of earlier card is not required.

Another thing, issuance of biometric cards has been in news for more than once. I expect some details about the current news.

REPLY

R Nandy

In Reply to vikas 5 years ago

This is correct.Even I was surprised to receive a new card after making an address change request as there was no change is details needed in the physical card.This I felt is a procedural lacunae as a new card should ideally be sent only if there is any change in details printed in the PAN card. The current process only creates unnecessary overhead for the IT dept.

Nagesh KiniFCA

5 years ago

All and sundry paste stickers on boards and wall offering to get PANs for as low as Rs. 100 thus inducing all and sundry to apply for them just for the heck of it.
For all one knows they have not filed any returns in the past nor would do it in the future. Does the IT Dept. care to identify the applicant and the address at least on random basis to establish the veracity.
When the Mumbai RTO disptached by surface mail the renewed taxi licenses, many were returned with the remark "Addressee not found".
The Tax Department has to take a lesson from this.

Some examples of everyday fraud and what you can do about them

The real scams in the corporate world are seldom revealed, and this is a scam in itself, given that these same corporates expect transparency from others, not just in governance, but also from their employees

Here's a quick re-cap on some new scams that were discussed offline during the recently concluded 'Fraud Investigation and Control Knowledge Summit' in Delhi, how they can impact you and what steps you must take. (Read the earlier report, 'Learning the tools and processes to detect and control corporate fraud'.)

# The double-joined cheque fraud. In this case, the upper half of one cheque was cut along the line and joined very carefully with the lower already signed half of another cheque from the same bank, that was cut along the same line. The amount was substantially increased and a new name substituted. It was taped front and back, as is often done to protect the alpha-numerics, and presented. The cheque flowed through the cheque truncation system and was paid out.

The fraud came to light only when the accountholder reconciled the numbers. The original cheque was then sourced, and at first, nobody from either bank could figure out what went wrong. Especially since the person who had issued the cheque had retained a photocopy. Even the technician from the security press could find no flaws. Till the person who had signed the cheque recalled that he never put tape on the cheque. That's when they pulled the tape off from one side, and the cheque literally came apart.

# High quality photo-copies of blank cheques are first obtained, by some means or the other, by copying genuine blank cheque leaves, on paper matching as closely as possible the security paper on which cheques are printed. Next, the cheque filled and signed fraudulently, is issued and presented to a bank which is known to be part of the cheque truncation system on a high volume day, where it is likely to simply go with the flow. They even resolve the MICR part.

A bank employee will know by the feel and touch of the cheques issued by his own bank, whether it is genuine or not, but s/he may not know the touch and feel of cheques issued by all other banks. By the time the fraud is detected, the person who has collected the money on more than a few cheques in this manner has vanished. Nothing much you can do other than secure your blank cheque leaves.
 
# An acquaintance, or a tenant approaches you, saying that he has a problem with opening a bank account, so whether he can receive funds in your account, perhaps for a small commission? Since you may know the person, you agree, and after a few days a few cheques or transfers are deposited in your account. The acquaintance then requests you to withdraw the amount in cash, which you do, and then vanishes.

After some time, it turns out that your bank account was being used as a 'mule' to receive money drawn from a vast variety of frauds, and that you may now be liable. Incidentally, this can happen without your knowledge too, as somebody may simply deposit money in your account using pay-in slips or wire transfers, and then also quietly withdraw the funds in cahoots with the bank.

Simply keep checking your balance regularly, and refuse to let others use your account at all times. There is no dearth of cases where tenants or paying guests have used this method, cleaned out the accounts of the landlords and put them into trouble.

# In another case, a bank manager was issuing fake fixed deposit receipts to genuine customers, while issuing the genuine FD receipts for shorter tenures on a series of fake accounts. That he got caught before he could take it much further was sheer coincidence, during the investigation on some other unrelated issue, and one of the customers chose to visit the bank to terminate the FD early, and the game crumbled.

That was not all; further investigation revealed that the manager had faked all his educational qualifications, from the 10th standard onwards, and that he had played the fake FDs game at two other bank branches also, one of these of the same bank in another part of the country. His services were quietly terminated because no bank likes such publicity, it seems.

# In a large family-controlled business, one of the family directors took a lift from the CFO of one of the companies on a couple of occasions, and realized, that for a person drawing a Rs50 lakh per annum kind of salary, the CFO was doing well with cars, driving different brands of luxury cars every time. Quiet enquiries revealed that the CFO had a fairly impressive stable of cars, at which point it was decided that a discreet investigation be done, and in due course certain lacunae as well as corrupt practices were unearthed.

However, the CFO had kept a full record of all the financial games that the family had been playing for decades, and in the end, despite overwhelming evidence, they had to let him go, after agreeing to a decent severance package. This, by the way, is the stuff that urban legends are made of, except that in this case the name of the corporate was discussed over lunch, and this writer quietly double-checked matters.
 
# More than one of the consultants who participated in the conference mentioned how the transport fraud is one of the biggest issues with the new generation 24x7 companies, especially the IT and ITES companies, but how despite more than a few solutions available, the issue had become so deeply routed across companies, that it was difficult to withdraw from it.

Solutions like providing buses to nearest public transport points, providing dormitories on-site till the morning for night workers, or similar facilities, were simply trashed because the lobbies inhouse from HR, finance, admin and others were simply so strong that the concept of "removing call-centre cabs" was impossible to implement. It was also indicated that this was a quiet way to generate cash incomes for such companies, which otherwise had no cash components, inbound.
 
# Then there was, of course, the energetic discussion on how one-line bills from a variety of 'support services' like advertising agencies, PR agencies, 'consultants' and others were blatantly passed even by companies which otherwise carried the reputation of being absolutely lily-white and pure despite their histories and origins in the opium smuggling days.

Specific mention was made about the best corporates, based out of Mumbai for generations, but now increasingly with roots in Ireland for tax reasons, that are known to use specific ad agencies as well as religious leaders and their trusts for these monetary re-cycling efforts. At one time nobody would have dared even mention the names of these companies, but now, with the advent of more open information, these names were openly being discussed with little nuggets of information that could subsequently be checked quietly on the Internet, or with a little bit of spadework. Maybe that's why their corporate heads could sleep easier, knowing fully well that despite everything, they were always one step ahead of any fraud investigation.
 
In all this, it is easy to get lost in the 'smaller corruption' stories, which is what the mainstream media seems to be reverting to again. Let the truth be told, for with Anna Hazare out of the way, matters seem to be rapidly reverting to that sort of direction. But, the Internet is a strange organic creature, and unlike other media, simply refuses to let things get buried, so it does appear as though some issues will raise their heads again and again.

Readers are invited to let us know their views and experiences in the matter of corporate fraud in India. Identities will be, of course, be protected.

User

COMMENTS

Raghunath P Gawde

5 years ago

The article on fraud by using cheques in two part is really good and informative and one has to be really cautious while letting their account to be used. Also as mentioned need to keep checking frequently the Bank Account Balance.

Vikas Gupta

5 years ago

Your article is a real Eye opener particularly Scam of Cheques. I can't even dream that this could happen too.
About CFOs & Call centre Cabs issues , they look like normal in day to day activities as we are accustomed to Corruption to that extent.

p k

5 years ago

what is the email id??

REPLY

Malq

In Reply to p k 5 years ago

Please write in to the magazine, information is on the CONTACTS pages

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