'Nepal quake triggered 4,312 landslides'
Almost a year after the devastating 7.8 magnitude earthquake hit the Himalayan nation of Nepal, a new international report says a staggering 4,312 landslides were triggered by the temblor and aftershocks.
It says the major destruction by the landslides was of newly-developed settlements, and the total loss and damage was estimated at $7 billion.
The report "Impact of Nepal's 2015 Gorkha Earthquake-Induced Geohazards" says the lives of eight million people, almost one-third of Nepal's population, were impacted. But the damage due to landslides and glacier lake floods was less than anticipated.
Supported by Skoll Global Threats Fund, the Kathmandu-headquartered International Centre for Integrated Mountain Development (ICIMOD), along with scientists from the US, Europe and the region prepared the report by mapping the landslides using satellite images, aerial surveys and field visits.
In Nepal, home to more than one-third of the Himalayan range, the damage by the quake was devastating, compared to the Tibet Autonomous Region in China or India and Bangladesh.
Within Nepal, more than 8,800 people died, 22,000 were injured and 100,000 displaced.
The earthquake on April 25, 2015, pushed an additional 2.5 to 3.5 percent of the Nepalese population into poverty in 2015-16, the researchers wrote in their 36-page report that aims to improve the management of geohazards.
Scientists have discovered that there was major destruction to the newly-developed human settlements compared to older ones.
These settlements were along the Pasang Lamu highway in the Trishuli valley and Kodari highway in the Bhotekoshi and Sunkoshi valleys. Tatopani village, bordering China, too was hit by rock falls.
According to the report, the temblor induced two disastrous avalanches -- one in Langtang valley and another at the Mount Everest base camp.
The most destructive and probably the largest landslide triggered was a massive one initiated nearly 7,000 metres above mean sea level which completely buried Langtang village.
The Mount Everest base camp was also hit by an earthquake-induced ice avalanche, even though the shaking at this point was light.
The collapsing icy mass swept away a part of the Everest base camp and claimed 22 lives.
It was the worst single day in the history of Everest and occurred a year after the previous worst day in the mountain's history on April 18, 2014, when ice avalanches hit the Everest climbing route over the Khumbu glacier, killing 16 people, the researchers wrote.
The indication is that ice on the mountain was ready to collapse. Springtime melting triggered the collapse in 2014 and probably conditioned the ice for collapse in 2015 so that only a light shaking was needed to break it loose, they said.
The saving grace is that the earthquake did not cause floods from the outburst of glacial lakes.
"This was both fortunate and surprising. The good news, however, does not necessarily indicate that future earthquakes will have a similarly low impact as they could strike closer to and more directly beneath the glacial lakes," said the researchers.
They warned that many of the landslides and landslide dams and possibly the increased instability of glacial lakes have the potential to lead to a chain of hazards in the future.
The situation of Himalayan glacial lakes needs to be observed carefully in China, India and Nepal to confirm the preliminary conclusions that the risk of floods from the outburst of glacial lakes has not been visibly heightened by the earthquake, says the report.
"After the earthquake we joined hands with regional and international experts to map the positions of landslides and debris flows. We undertook several studies to assess its impact," ICIMOD director general David J. Molden said.
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.


QNet 'settles’ violations and misreporting when caught to keep the scam running

An explosive set of documents perused by Moneylife have revealed how QNet, the controversial, Hong Kong-based multilevel marketing (MLM) has been caught by the Directorate of Revenue Intelligence (DRI) for falsifying while importing products, but gets away by settling claims. These tactics, along with the tacit support by government agencies has allowed QNet to thrive in India for 12 years despite a series of serious charges, punitive actions and investigations by multiple revenue and investigation agencies including the Serious Frauds investigation Office (SFIO). Documents available with us show how, when cornered by an investigation agency or tax authorities, QNet and all its group companies and associates go for settlement, even accepting the 'guilt' and pay up a huge amount. They used the same technique to get away from strict action in the Supreme Court as well as in a duty evasion case caught by the DRI. The question here is, why is it allowed to continue operations and swindle gullible people despite this vast body of information available with the police and government authorities.


A simple collation of the official actions initiated against QNet makes it obvious that the groups cannot survive without large scale collusion and complicity of powerful officials and policy makers at the highest level.  We will start with the newest information we have gathered through the DRI report — it must be noted that this too is four years old!


In September 2012, the DRI had issued a show cause cum demand (F.No. DRI/MZU/F/09/2010 dated 20 September 2012) notice to Questnet Enterprises India Pvt Ltd and few other importers for evading tax on imports of the company's bio discs. But here too QNet preferred to do a quick settlement by paying all duty along with interest and penalty to escape from the scanner.


The DRI notice says, "It appears that a conspiracy was hatched by Pushpam Appalanaidu (Managing Director of Questnet Enterprises) with overseas suppliers, who were all part of the QNet Group, headquartered at Hong Kong and having group companies in Hong Kong, Malaysia and other countries, to defraud public revenue by undervalued import of Amezcua brand bio discs, which were to be supplied by the group companies of Qnet and which were to be solely marketed and sold in India by Questnet Enterprises India Pvt Ltd. There goods would be imported into India through Indian companies at an undervalued rate for evading Customs duty payable on these Amezcua bio discs. It was also planned that correct description of these Amezcua bio discs would not be declared to the Customs authorities and that they would be declared as 'pharmaceutical glassware' or 'glass coasters'. Questnet Enterprises India Pvt Ltd was also part of QNet group of companies."


"Mohanlal Kesardeo & Co and Ankit Udyog were merely proxy importers. They were neither buyers in normal course, nor owners of the said goods at any point of time. As per the company policy (as set up in the company website and confirmed in statements) QuestNet group does sell such goods to other firms but directly to individuals through online booking with reference of their own individual representative (IR) and after deposit of amount through demand draft. Thus, there was no sales transaction between the overseas supplied. They did not even remit any such value. Thus the so called proxy importers on record, Mohanlal Kesardeo & Co and Ankit Udyog, merely acted as conduits to facilitate fraudulent import to evade duty."


"The goods were also smuggled into the country and supplied to Questnet Enterprises India Pvt Ltd through Heighten Trading. These goods were arranged to be smuggled into the country by Manoj Agarwal of Heighten Trading via Brijesh Shukla, proprietor of Sagar Enterprises and certain unidentified passengers/carriers. There were 2,293 numbers of Amezcua bio discs valued at Rs80.25 lakh smuggled into India," the DRI report says.




Intestinally all the three import-exports agents used by QNet for importing its Amezcua bio discs have shown different description on the items, like pharmaceutical glassware or glass coasters and provided lower values, sometimes even just $1 for the glass discs.


Pushpam Appalanaidu, the then MD of Questnet Enterprises in her statement said, " all these cases the importers only facilitated the import of the Amezcua products and the actual transaction was between Questnet Enterprises India Pvt Ltd and the QI group companies based in Malaysia. The goods should have been described as Amezcua bio discs and not pharmaceutical glassware or glass coasters. The correct value of the goods should be either $75 or Euro50."


QNet claims that its Amezcua bio disc “"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.


Appalanaidu in her submission told the DRI that since 2005 she was on the board of directors of Qi Ltd, Hong Kong. Qi Ltd is a the holding company and the different subsidiaries of Qi are Qi Comm (based in London), Questnet (based in Hong Kong), Quex Couriers Sdn Bhd (based in Malaysia), Questnet Vacation Resorts (based in Thailand) and some other local companies based in Malaysia. She also told the DRI that Amit Chitale, Suresh Thimiri, MV Balaji and Laxmikant Venkatesan were staff of Questnet Enterprises based at Chennai and MS (Manjunath) Hegde was finance manager employed by the company at their Bangalore office.


Anil Kumar Lohia from Mohanlal Kesardeo & Co, one of the importers used by QNet, also exposed MLM company’s modus operandi for importing the bio discs. In his submission, he said, "Around March 2009, Jessica Lim, who introduced herself as General Manager (sales) handling operations of Kaizen Diamond Tools (M) Sdn Bhd and Quex Courier Sdn Bhd of Malaysia, telephoned him (Lohia) and told that in future, he should dispatch these goods to Questnet Enterprises India Pvt Ltd in part quantities and not the total consignment as he had been doing earlier. Lim told him that henceforth, he should issue two sets of invoices of Mohanlal Kesardeo & Co i.e. one set of invoice would be at the rate of Rs95 per piece and this invoice should be sent directly by courier to Questnet Enterprises India Pvt Ltd at Vasai, Thane (Maharashtra) address. He should prepare second invoice with a higher value of Rs3,500, and send this invoice along with the consignment to the same address. The invoice with higher value of Rs3,500 would be destroyed on receipt of the consignment and only the invoice at Rs95 or Rs100 would be kept on their records."


Manoj Agarwal, Director of Heighten Trading Co Pvt Ltd told the investigation officers that his firm used to locally buy the Amezcua bio and pewter discs from Mumbai-based Sagar Enterprises. ".... I ascertained that Sagar Enterprises had brought these Amezcua bio discs by a passenger/ courier through Mumbai airport without declaring the same to customs thereby evading customs duty, and supplied to Questnet Enterprises India Pvt Ltd under the invoice of Heighten Trading Co," he said in his written statement before the DRI.


When the case reached to the Principal Bench at the Customs & Central Excise Settlement Commission in New Delhi, QNet accepted its guilt and even shown willingness to be penalised besides depositing all the dues along with interest. In its report on QNet's settlement application, the DRI stated, "...the applicant had actively and consciously participated in perpetuating the fraud and they had acknowledged and deliberately mis-declared the description and value of the imported goods with intent to evade duty. They (QNet) had conspired with various other firm for acting as proxy on their behalf for import of said goods, and also effected imports through payment of admitted duty liability as well as interest and submitted that they have no objection on the final settlement of the case on confirmation of demanded duty in full along with interest. Appropriate fine and penalty may be imposed on the applicants."


In the all the three cases filed at Kolkata, Delhi and Mumbai, QNet and its group companies accepted and deposited a duty of Rs2.75 crore and interest of Rs75.90 lakh. This was accepted by the DRI. The Bench, in its order issued on 10 July 2013 then imposed a penalty of Rs10 lakh on Questnet Enterprises India Pvt Ltd and Rs1.50 lakh on Pushpam Appalanaidu.


In February 2016, the special MPID Court rejected anticipatory bail applications of Srinivas Rao Vanka and Magaral Veervalli Balaji, both directors of Vihaan Direct selling (India) Pvt Ltd, Suresh Thimiri, director of Transview Enterprises India Pvt Ltd, Malcolm Nozer Desai, who is 20% stakeholder in Vihaan and Michael Joseph Ferreira, former world champion of billiards and 80% stakeholder in Vihaan.


QI group units were actually banned in 2009 while operating under the names of GoldQuest International Pvt Ltd and QuestNet Enterprises India Pvt Ltd after a Police action. In India, it was registered as GoldQuest International India Pvt Ltd in 2001. Elsewhere, QuestNet Enterprises was registered in November 2004 in Chennai. Between them, they had offices at Bangalore, Mumbai and Hyderabad.


Former Expenditure Secretary EAS Sarma has also written to the PM and the Ministry of Corporate Affairs (MCA) about the need to check the proliferation of Ponzis and binary pyramids which are duping people. Moneylife has been specifically told by the Ministry of Consumer Affairs and the Ministry of Corporate Affairs that they are investigating these scams and plan action/ tightening of legislation. Just because our regulators are sleeping and scams are always discovered too late, if at all, does not make an unregulated scheme legal.


The question, however, is why there is no strict action against QNet and its group companies despite several government agencies and authorities exposing the truth in the company's true nature and business. For how many days, India can allow companies like QNet, who change names like a chameleon, to continue to swindle hard earned money of common people, unhindered.


You may also want to read....




jitu moni

2 months ago
The Economic Offences Wing (EOW) of the city police arrested a woman in her early 30s on Thursday for her active involvement in the multi-crore QNet scam. The total number of arrested accused has now reached 47, which includes Billiards champion and Padma Bhushan recipient Michael Ferreira.
In the Rs 1,000-crore scam of Hong Kong-based company QNet, nearly 5 lakh investors across the country were duped. QNet has been accused of using the banned binary pyramid business model for its multi-level marketing schemes to lure investors.

QNet posed as a marketing firm selling bio-discs, watches, herbal products, holiday packages, etc. It also claimed that by using the bio-disc, one could cure cancer and brain diseases, the police said.
Too much baggage
Accused Aditi Mitra was intercepted at the Chhatrapati Shivaji International Airport, and subsequently, arrested based on the lookout circular that had been issued against her.

Assistant commissioner of police Arun Jadhav confirmed her arrest said she was sent to police custody till March 23.
Mitra was allegedly trying to flee to Dubai for good. She was carrying eight big bags and two handbags. Of the eight, two contained her belongings; she refused to say what was in the other six, sources said.

Mitra, an independent representative associated with QNet, had been getting hefty commissions in return. She has multiple bank accounts, with one alone having Rs 25 lakh, as EOW officials found, adding that all her bank accounts have been frozen.

Active player
Investigators found that on the instructions of the other accused, Mitra was actively involved in the scam. She had brainwashed victims in order to induce them to invest in the scheme,” said special public prosecutor Pradip Gharat.

A victim, Sewri resident Arpita Majarekar, said, “She would conduct welcome sessions in malls and trap people with her sweet talk.

She had promised me and many others that if we invested in the scheme, we would get double the amount in three years.” Majarekar, who works in a private firm in Andheri, had invested nearly Rs 12.5 lakh in the scheme through Mitra.

She has been booked under relevant sections of the Maharashtra Protection of Interest of Depositors in Financial Establishments Act, Prize, Chits and Money Circulation Schemes (Banning) Act, and the Indian Penal Code.


4 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 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 [email protected]

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

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



8 months 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

9 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

9 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

10 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


11 months ago

After receiving the complaint from a group of people, the central crime station is now investigating the scam.
Company officials asked them to pay around Rs 1 lakh as charges for registration, investment and training fee. (Representational image)
Company officials asked them to pay around Rs 1 lakh as charges for registration, investment and training fee. (Representational image)
Hyderabad: A new multi-level marketing scam (MLM) has surfaced in Hyderabad with around a 100 victims losing money in the controversial QNet scheme.

Several people have come out alleging that they have lost lakhs in the dubious scheme and has demanded arrest of the managers, who have fled with crores.
After receiving the complaint from a group of people, the central crime station is now investigating the scam. The Singapore-based QNet Private Ltd had already run into trouble with the law in Bengaluru and Mumbai police due to the same scam.

The victims, mostly fresh graduates and college dropouts, alleged that they were lured by some people claiming to be company officials who offered them a high salary and commission to do ‘e-commerce’ for QNet products.

Company officials asked them to pay around Rs 1 lakh as charges for registration, investment and training fee. However, the QNet officials neither provided them any job nor gave back their money even after a year.

After several complaints poured into S.R. Nagar police station cops found out that a QNet office was operating in Ameerpet, where most of the victims had paid their money. An FIR was registered in S.R. Nagar police station against company officials and later it was transferred to CCS.

“A person named Ramesh Kurmetti and his associates run the firm. He and others had been avoiding us for the last one year whenever we asked our money back,” said P. Vishwa Teja, one of the victims from Ameerpet.

The youngsters came to know about the company through Facebook and by word of mouth. “We were told that we will be getting around Rs 30,000 as salary as we add more customers and agents into the scheme. They asked us to get trained and promised that we would be selling their products like Bio Disc, Bio Light etc. However, nothing of that sort has happened so far,” said another victim M. Avinash.

Many people have paid Rs 2 to Rs 3 lakh while some paid Rs 1 lakh. The company officials had promised their commission would be higher according to the investment they put in.

While it is yet to be calculated how much money has been looted by the company officials victims claim that it would be around Rs 5 to Rs 8 crore.
Meanwhile, the police has not made any arrest so far in the case.

“We had registered a case after taking the complaint. Since it was an economic offence with a lot of money involved the case was transferred to CCS,” said S.R. Nagar inspector Md. Waheeduddin.

jitu moni

1 year 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

1 year 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.

Agyat Vyakti

1 year ago

Yes together we can destroy qnet.. To help people from trap of online ponzy schemes like qnet which will come in future. Alexa and online site statistics can save you. I reccomend you to read this to save yourself from emotional trap of friends and relative who work for qnet share it . I need to populate this.


Varun Pandey

In Reply to Agyat Vyakti 1 year ago

Why you are not showing your real Name agyat vyakti........

vikas Jain

1 year ago

Just wanted to know, is Herbalife also a MLM?

Vaibhav Dhoka

1 year ago

What is exact status of Q net and Neesa Leisure Ltd FD for investors.Any hopes or public will be fooled in passing buck from one agency to another?


Agyat Vyakti

In Reply to Vaibhav Dhoka 1 year ago

Yes together we can destroy qnet.. To help people from trap of online ponzy schemes like qnet which will come in future. Alexa and online site statistics can save you. I reccomend you to read this to save yourself from emotional trap of friends and relative who work for qnet share it . I need to populate this.

Pushpesh Kumar Sharma

1 year ago

Great Job..Moneylife. You people are living up to your by-line..honest journalism. However, please tell if these writeups will also appear in my print subscription edition or i will have to change my reading habits and will have to develop a taste for the taste-and-lifeless online editions.


Agyat Vyakti

In Reply to Pushpesh Kumar Sharma 1 year ago

Yes together we can destroy qnet.. To help people from trap of online ponzy schemes like qnet which will come in future. Alexa and online site statistics can save you. I reccomend you to read this to save yourself from emotional trap of friends and relative who work for qnet share it . I need to populate this.

atul gupta

1 year ago

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.


joydeep chakrabarty

In Reply to atul gupta 1 year ago

Atul tum wahi ho na jo is baar ke vcon me the.......... ATUL BABA...........

Agyat Vyakti

In Reply to atul gupta 1 year ago

Yes together we can destroy qnet.. To help people from trap of online ponzy schemes like qnet which will come in future. Alexa and online site statistics can save you. I reccomend you to read this to save yourself from emotional trap of friends and relative who work for qnet share it . I need to populate this.

atul gupta

1 year ago

Be ready to fight against QNET and all your uplines including friend.
QNET REFUND and FIGHT AGAINST QNET procedure as below.

1st Option
If your purchase on portal is in INR rupees then with in 30 days of purchase or if yur 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 yu 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 yur upline register yyr email id on portal. If email id is given wrong then call Qnet customer support numbers and complain about yur upline. Ask yur IR ID from them.

2. Send a cancellation mail 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 in the mail to them.
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]

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 refundrequest.

4.Meanwhile, mail them or call them on every alternative days for an update.
9900060605-rekha,jasvinder kaur

5.Once Refund request is completed ,they ask for the mode of payment.Ecards or Account Money transfer. Better go for Money transfer to your account.If you opt for account transfer, then you have to send a scanned copy of your account cheque leaf.

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.

CATCH HOLD OF YOUR UPLINE GIVE COMPLAINT/FIR AGAINST HIM / HER AND ALL YOUR UPLINES IN LOCAL POLICE STATION NEAR TO YOUR HOME AND MENTION THE COMPANY NAME IN THE FIR THAT QNET IS RUNNING BANNED MONEY CIRCULATION SCHEME. Your uplines will return you money as you can not get refund from Qnet after one month is over if products purchased through indian portal and after 7 days if purchased from world portal of Qnet.
Besides above process kindly lodge your complaint to THE DCP, ECONOMIC OFFENSES WING, MANDIR MARG, DELHI OR EOW MUMBAI also to BAN QNET FROM INDIA.
In your complaint attach uplines photos, mobile numbers, yur bank account statement if u transferred money from your account to upline account or cash deposit receipt, pan card, address proof, purchase receipts, gurupreet singh anand first FIR copy agnst Qnet scam and google news 5-6 against Qnet. MENTION IN YOUR COMPLAINT THAT MEETING TOOK PLACE AT MARKET NEAR TO YOUR HOME OTHERWISE POLICE WILL SEND YOU TO POLICE STATION OF THE PLACE WHERE YOUR ACTUAL MEETING TOOK PLACE.
File complaint at your nearby police station and EOW/Crime branch both in yur city to fight against QNET.
For any clarification whatsapp me at my number 9871853120.

Appsales: All the Apps on Sale
If you are an app freak but do not like to pay high prices for your apps, Appsales is a must for you. This simple app just keeps track of all the apps which are on sale, even if for a brief period, and sends you periodic notifications, so that you can grab your favourite app at discounts which may range as high as 90% of their normal price.
You can even view the price history of the apps, so that you can decide when, and whether, to buy them at the discounted price. You can put some apps on watch so that you will be notified as soon as their price drops on the play store. You may set up your own filters, share sales information with your friends and also get information on the other versions, e.g., lite, professional, etc. A very good app to monitor the prices of your desired apps. 


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