Multi-Level Marketing: Con Quest

Thanks to supportive politicians and shirking regulators, MLMs continue to con millions with impunity

The con artists who scammed over Rs1,000 crore from gullible savers through Stockguru India were finally arrested on 14th November. Moneylife had warned about this scam in December 2010, well before the fraudsters absconded with investors’ money to evade the police for nearly two years by...

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