Citizens' Issues
TeTrun joins the long list of “get-rich-quick” schemes

Industry observers advise the public not to fall prey to such schemes as several companies that collected money for giving income by just watching ads have vanished, thus duping thousands of people

There seems to be no dearth of “get-rich-quick” schemes in India, trying to lure people with easy money without any effort. If you read the claim made by one such company, TeTrun, then spending time on computer and surfing the Internet, would easily fetch you some cash. The only problem, expert points, is that there is no sound logic behind the business and it will not sustain in the long run.
 
TeTrun, based in New Delhi, claims to provide part time, work from home opportunities on projects like ad posting, copy-paste work, data entry and many more.
It promises fixed monthly income on enrolling in its plans. For instance, in the ad posting plan, the company promises Rs3-Rs25 per posting.

TeTrun says that, “All you need to do is open the classified website and click on “post free ad”, “submit ad”, “place an ad”, “post free classified” like words. Many classifieds have register option—you may need register first with your personal information, after logging in and then you can post an ad.”

Spending two to three hours daily for a month would fetch you anything between Rs8,500-Rs9,000. But one has to register with Rs883 as a joining fee.

Moneylife had earlier reported about one such company, Taniksha Infotech, which claimed easy income on posting ads, uploading CVs, inducting people and generating IDs for UID. (http://www.moneylife.in/article/infotech-company-selling-home-based-jobs-and-uid-kits-for-easy-money/21548.html )

TeTrun claims to work on behalf of the companies—domestics or multinationals—in India. After procuring contracts from them, it says, “We divide the jobs in small groups and give it to individuals to perform. Finally we collect the performed task from their end. We submit the same task to those companies and they pay us. We keep the margin money with us and rest is paid back to the ‘employees’ who are working with us.”

For different plans, the promised income and the entry fee varies. The company says that the registration fee includes service charge and other administrative costs like server usage charge, back-office administrative and customer support.

Interestingly, for its copy-paste program, TeTrun assures income between Rs500 to Rs2,500 per 1,000 forms, on a joining fee of Rs1,655. Here, one just has to enter the data in a web form which will be sent in Excel and Word format by the company.
 
Industry observers say that several companies that collected money for giving income by just watching ads have vanished, thus duping thousands of people. Hence such companies should be immediately banned.

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COMMENTS

Vishal Malhotra

5 years ago

Hi

Thanks for Your Article & Review.

Tetrun is not a MLM, it is meant for those who want to work hard & earn during their free time. the reason why we charge money is because of the cost & large number of applicants.

The Cost of sanctioning work is around 1500-2000 rupees wherin 50% is paid by tetrun & 50% by the Associate. We get more than 1000 Applications everyday & initially we used to provide free work but most of associates were not serious in working, or does not maintain quality. But after this system is introduced, the number has serious working associates have increased to 90% as compared to 20%(During Free distribution of work), We do agree, there are companies that charge money & fly away but that does not mean all of them are the same. We give more than what our associates pay to us.

Please Mail us for any issues

Thanks
Vishal Malhotra
Sales Team Manager
Tetrun India

Aban

5 years ago

This is possible because it is easy in India to defraud even the state exchequer just by paying bribes (in kind and cash) to the top bureaucrats and the lowest in the rung, all alike. In West Bengal, despite a number of Chit companies went underground after duping a very large number of people for a long number of years under political patronage of all parties, police and IAS officers, no action has been initiated as the enforcers of law are themselves beneficiaries of these schemes, even being benami owners/partners of these businesses, the easiest business in India! If only the government makes it mandatory for all business houses/units to always display in all their official communications, advertisements, hoardings, receipts, etc., their PAN, e-mail addresses of the company/its CEO (Principal Officer) and the name(s) of the latter, this menace can be curbed to a large extent. In fact, there must also be a law to compel the media (both print and TV) to insist on obtaining the PAN, etc., of all commercial announcements by profit-making and donation seeking bodies seeking to advertise in the newspaper/media and to prominently display the same too.

But are our political leaders (of all hues) and bureaucrats are interested to do so?

Vikas Gupta

5 years ago

These MLM Co's & their Promoters should be booked to Law. Please also look into INSTANT FOREX.

Mohan

5 years ago

Public fall prey to such illegal schemes only because of Government indifference. All illegal money chain companies, including the so called mother of MLM, were closed down by the police in Kerala. However, the corrupt Government framed new rules called "guidelines for Direct Sales Companies" and the fraudsters are back in the business ! ! The most corrupt of them are now having court orders to continue with their business under the Government guidelines for empowering India !!!

Stratfor denies CEO’s resignation after WikiLeaks release

The mail which Anonymous had leaked, that allegedly contained Mr Friedman’s resignation, showed that the writer was concerned about Stratfor’s data security mechanism and had urged the organisation to fortify itself against such breaches

Shortly after the hackers group Anonymous released an email containing the resignation of intelligence company Stratfor’s CEO George Friedman, the company issued a statement denying the incident and saying that the leaked email (among possible others) was forged.

“Some of the emails may be forged or altered to include inaccuracies; some may be authentic. We will not validate either. Under the continued leadership of founder and chief executive officer George Friedman, Stratfor will not be silenced and will continue to publish the geopolitical analysis our friends and subscribers have come to rely upon,” said the statement. The company has also gone on Twitter, denouncing rumours of the resignation of Mr Friedman.

It has said that the emails were “private and casually written”, and must be viewed in that spirit. The press release said, “Stratfor is not a government organisation, nor is it affiliated with any government. The emails are private property. Like all private emails, they were written casually, with no expectation anyone other than the sender and recipient would ever see them. They should be read as such.”

Stratfor acknowledged that the hackers had orchestrated a successful attack in December, but claims that their data security measures have been beefed up. “For subscribers and friends of Stratfor, we stress that the disclosure of these emails does not mean that there has been another hack of Stratfor’s computer and data systems. Stratfor’s data systems, which we have worked hard to rebuild since the December hack, remain secure and protected,” declared the firm.

Terming the WikiLeaks release as “a deplorable breach of privacy”, Stratfor has interpreted the expose as a “direct attack”. The mail which Anonymous had leaked, that allegedly contained Mr Friedman’s resignation, showed that the writer was concerned about Stratfor’s data security mechanism and had urged the organisation to fortify itself against such breaches. You can read about it here: http://moneylife.in/article/anonymously-yours-wikileaks-latest-expose-is-the-next-step-in-cyber-war/23930.html#comment_link

On the other hand, news website The Atlantic has shrugged off the latest WikiLeaks’ release by saying that “Stratfor is a joke, and so is WikiLeaks for taking it seriously.”

The article has been panned across the Internet, being dubbed as an ‘anti-WikiLeaks’ tirade that is trivialising both Assange and the importance of the information that has been linked.

 Anonymous admitted in their email that they went after Stratfor after a hack into security firm HB Gary revealed that several government agencies were teaming up with corporate entities to take down Julian Assange.

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Nation-wide strike evokes mixed response

The 24-hour country-wide strike called by major trade unions today to protest the government’s “anti-labour” policies of the government and rising prices evoked a mixed response with the banking and transport sector hit in some parts

New Delhi: The 24-hour country-wide strike called by major trade unions today to protest the government’s “anti-labour” policies of the government and rising prices evoked a mixed response with the banking and transport sector hit in some parts.

In West Bengal, there were fewer vehicles on the road but several schools and government offices remained open following the warning given by chief minister Mamata Banerjee that absence from duty will be treated as a break in service.

Director General of Police Naparajit Mukherjee said in Kolkata that the situation was normal in the districts. Some arrests have been made in certain places including Hasnabad and Madhyamgram for obstructing traffic, he said.

In the country’s commercial capital, Mumbai, the strike had a partial impact with financial institutions getting affected.

Barring banking and insurance sector, which have a large presence of trade unions, normal life was largely unaffected in the metropolis with all essential services especially public transport functioning as usual.

“The shutdown in the banking and financial sector has been complete. The Reserve Bank of India’s (RBI) clearing houses are shut. So the private and foreign banks where we do not a have a presence also get affected,” general secretary of All India Bank Employees Association, Vishwas Utagi claimed.

Services at Delhi and Mumbai airports were smooth in spite of the strike call by 11 trade unions.

In Delhi, the strike had little impact though normal functioning of PSU banks were affected and a number of autos and taxi drivers kept their vehicles off the roads to take part in the protest.

Commuters complained that the frequency of the state-run buses were low. Several passengers were stranded in the morning at railway stations and bus terminals.

Normal life was hit in Kerala due to the strike with buses keeping off the roads and shops remaining shut. The strike also affected functioning of banks and offices as pro-Left unions in the state sector also joined the protest against the “neo-liberal economic and labour policies” pursued by the UPA government at the Centre.

The Congress-led UDF government in Kerala has enforced ‘dies non’ (no work-no pay) order against the strike in government offices.

Reports from across the state said in most places, the mobility of people was hit as the impact of the strike was near total in the transport sector with buses, taxis and auto rickshaws keeping off the road.

Transport and banking services were hit in Punjab, Chandigarh and Haryana in the wake of the strike.

Reports pouring from various places in the region said buses on several routes remained off the road in Punjab, Haryana and Chandigarh even as officials were persuading employees not to join the strike.

With major bank unions observing the strike, financial transactions came to a halt in all branches of public sector banks in the two states. However, banking services in private sector banks were not affected.

Labour leaders have claimed that the strike is going to be a historic event and a stern warning against “anti-labour policies” of the UPA government.

The key demands of the unions include guarantee of labour rights, end to the contract labour system, bringing workers in the unorganised sector under the social security net and pension benefit for all workers.

Besides the Left unions like CITU and AITUC and HMS, the pro-Congress INTUC and pro-BJP BMS are also supporting the strike.

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