QNet: “It is a chain where a person is fooled and then he is trained to fool others to earn money” says Bombay HC order
The Bombay High Court while rejecting anticipatory bail applications of five accused in the multi-crore QNet scam, has observed that "the deceit and fraud is camouflaged under the name of e-marketing and business". This scheme is undoubtedly a multi-level marketing (MLM) activity and a pyramid structure of such scheme is prepared so that the members are promised to get money on purchase and sale of products, the Court said.
In a hard-hitting order on 6 May 2016, Justice Mridula Bhatkar said, "The motto of the company 'sell more, earn more' appears very attractive and innocuous. However, this motto is fully camouflaged. The company stands on a basic statement that people can be fooled. Thus, the true motto is 'sell more earn more' by fooling people. In fact it is a chain where a person is fooled and then he is trained to fool others to earn money. For that purpose, workshops are conducted where study and business material is provided with a jugglery of words, promises and dreams. Thus, the deceit and fraud is camouflaged under the name of e-marketing and business."
"It has very grave and serious impact on the economic status and mental health of the people on a large scale. On considering parameters of section 438 of the Code of Criminal Procedure, I am not inclined to protect the accused. It won't be out of place to mention that such circulation is required to be stopped. It is necessary for the prosecution to take injunctive steps against this business activity, which is prima facie, illegal. Though by stopping this business, a large group of people may get financially affected, however, it will save larger groups of people from becoming prey of this activity," the Bombay HC said.
The HC rejected bail applications of five including, 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 a 20% stakeholder in Vihaan and Michael Joseph Ferreira, former world champion of billiards and an 80% stakeholder in Vihaan.
"I have gone through the plan which is given by QNet to every individual representative (IR)," Justice Bhatkar said. "I have gone through the statements of many witnesses, who claimed that they have been cheated under the scheme launched by QNet. I have also considered the conclusive report of Serious Fraud Investigation Agency (SFIO) under the Company Act) SFIO Prima facie, there is material to hold that the business conducted by Qnet is covered under PCMC Act and also under Drugs and Magic Remedies (Objectionable Advertisements) Act, 1954."
"However," the Bench added, "the things are not as straight as they are perceived on the surface. Assuming that the scheme was launched with a noble object to give benefit to maximum people to make money quickly and easily by selling products of the company, however, after going through the material placed before me including the statements of the witnesses, I am of the view that in the midway, the intention of the applicants/ accused, who are the directors and shareholders of the company, became dubious. They had knowledge that more members are suffering financial losses and they are not satisfied with the products. The claim that the wellness products i.e., Biodisk and Chi Pendent are medicinal and spiritual products, are after all, a matter of faith. However, the applicants/ accused have launched these wellness products with ulterior motive and with correct judgment of vulnerability of the people. The holiday packages, which were sold or offered, without any choice left to the buyers. The entire business was Internet based and, therefore, the persons who are responsible i.e., the top brass i.e., the applicants/ accused, were not approachable to the persons who were aggrieved. The nature of the business was knitted in the interest of the Directors and shareholders in such a manner that the persons who are at the lower level of the pyramid cannot get any access to put up their grievances. The manner in which the persons were contacted, incentives offered, the workshops were conducted, are best examples of inducement."
Earlier, Pradeep Gharat, special Public Prosecutor submitted before the Bench that Vanmala Hotels, Travels and Tourism Services Private Ltd and Pallava Resorts Private Limited have created a Website and travel packages. "The commission was not paid on the products though the new members were introduced. The registered office of Vanmala Hotels, Travels and Tourism Services Pvt Ltd company is a call center," he said.
He further submitted that in December 2014 the Ministry of Corporate Affairs sealed their office at Chennai and declared Gold Quest International Pvt Ltd and QuestNet Enterprise (P) Ltd as the fraud companies. "Thus, money is collected online and though the Independent Representative number is given, actual money was not available for withdrawal. Said money was laundered outside India. The police in the investigation have come across 73 bank accounts of Q Net Ltd and total laundering of is around Rs135 crore," Adv Gharat had said.
Below is the order passed by the Bombay HC…
Earlier in February 2016, the special Maharashtra Protection of Interest of Depositors (MPID) Court had also rejected anticipatory bail applications of these five. The Economic Offences Wing (EOW) of Mumbai Police, which is probing the case, had invoked the stringent MPID Act against controversial multi-level marketing (MLM) company QNet, which has denied any wrongdoing on its part.
Gurupreet Singh Anand, a computer consultant from Lokhandawala, Andheri in his first information report (FIR) stated that his wife was duped for Rs30,000 by some people who had introduced themselves as the independent representatives (IRs) of QNet.
While arguing before the HC in person, he contended that the illegal money circulation scheme is being conducted in India by changing names from GoldQuest to QuestNet to the current QNet.
Earlier, the
SFIO in its detailed ‘secret’ report on GoldQuest International Pvt Ltd and Quest Enterprises India Pvt Ltd has called multi-level marketing (MLM) schemes run by overseas operators as “a potential threat to national security”.
Hanamanth Badagi
5 months agoHi trapped in qnet fraudulent. Please help to get refund money.somebody help me please
Amrit Kumar Ladha
8 months agoVihaan Direct Selling (India) Private Ltd hold all its equity capital
I have been trapped by one college freind Amit Keyal ,from Calcutta University, who had once been a good friend and kind of a guide as well. I trusted him since college and respected him as I thought him to be a simple good man. But I am so mistaken as I released last year when he forced (by lying and showing confidence in him saying he is always there) me to pay him almost 2 Lakhs (I took a loan to give him that money) which he said he would give me back if I am not able to continue the so called e-commerce business (Qnet). Nothing was explained before the payment was made. all details about how the company works and what do i have to do are told after I was already trapped and had no other way but to follow what they say. They ask you to make friends and tell them that I m into a mind blowing business and henceforth trap the victim. I chose not to cheat people. My money is lost because since then I have called and messaged that so called businessman (traitor) numerous times but in vain and now after an year I have almost lost all hope of getting back my money .
But I m happy that I didn't turn into one of those kinds going around cheating my own friends and family.
There are many people making a lot of money out of this totally fraud MLM company. There are other MLM companies as well but they are ethical as they agree to that fact and reveal what a member has to do before trapping someone.
I Can provide Some Contact details hereunder:
Q Net Association in Kolkata and all over world.
Sl.No. Name Mobile No. Mobile No.
22 Amit Keyal +971-566584028
4 Ashish +977-9802036176
1 Avinash +91-9330958969
2 Dayanad Mittal +91-9920350221
8 Deepak Kankani +91-9830783316
20 Hemant Surana +91-8697540123
18 Murtazir Nazar +91-9051061879
13 Nishant Gupta +91-9860779185
19 Saru +91-9830235419
21 Shyam Chaudhry +91-7506226543 +91-9930136801
3 +91-8092084462
5 +91-9980096781
6 +91-8100058258
7 +91-8951174594
9 +977-9845096260
10 +91-9376518122
11 +61-411895943
12 +971-557703213
14 +91-9930761147
15 +91-9167780347
16 +91-9836331256
17 +91-9038082570
18 Babita Agarwal+91-9635276465
Ramchandra Shinde
In Reply to Amrit Kumar Ladha 5 months agoYe jo number dhe hai kis ki hai ? Unko call kar ke muje refund ke bare main muje information mile ge kya??
kirti kolte
In Reply to Amrit Kumar Ladha 6 months agoHi....can I speak with you realated to this
Ălí Bâbä
In Reply to kirti kolte 5 months agoyess, speak... I m also trapped by them.
Kevin Marcus
8 months agoHello! every one I am from Chennai I was given a fraud commitment by my 8 years long friend who is trusted a lot. His name is hariharan who suddenly called me 3 weeks before said to join infinity group of company sub company name (qnet they never said a name about the company)and forced me to meet a person who is business head I completed the meeting and he said to arrange 4-11 lakhs to invest I was shocked and rejected the offer. Suddenly last week again I got a call from my fraud friend ( who went to a Thailand business trip qnet ) said me company shares gone down and it's best time join. I applied loan and sent him money last before Sunday.. I have directly send 3 lakhs to bank account without any written documents.. I was arranged a meeting last Friday said I have to join investers under me to get the benefits. I was totally shocked and did not agree to sign the agreement . I asked them for refund which is 60 business days and asked to email their support team no response till now .. Never trust anyone . Now I have to pay emi for loan with interest for 5 years .. The money which was given by me is spend on resort package. Is there any one who can help me ?
RAMESH CHHALLANI
In Reply to Kevin Marcus 7 months agoCall me on 9444960947
Krish Mask
9 months agoHi trapped in qnet fraudulent. Please help to get refund money.somebody help me plzzzz
Kula Duren Kia Builders NF Local Company
10 months agoTo do Network marketing
anupaam bdathakur
11 months agoDear all.
please mail me on this for reversal of qnet scams i need all Hyderabad guys number. and name to this email address. and other city's as well . [email protected] some existing Qnet Bastards also mailing me and want to know our internal process so i need the the real victims number and name to my email address.
gurupreet
12 months agoHello Friends,
We have been receiving hundreds of enquiries from QNET VICTIMS across India asking on how to join the FINANCIAL FRAUDS VICTIMS WELFARE ASSOCIATION (FFVWA) which is fighting for the LEGAL RIGHTS of the QNET SCAM VICTIMS in SUPREME COURT of India. You can contact us on WHATSAPP on 9137721819 .
Congratulations to all FFVWA on our major mile stone and success in Supreme Court of India.
Before proceeding further I would like to mention that we are contactable on WHATSAPP on 9137721819 and victims can contact me on Whatsapp on this number only as my two phones were stolen in Delhi and my main number 7498053701 could not be recovered.
A brief summary on the need for forming the FFVWA is summarised in the two news stories below:
https://www.mid-day.com/articles/qnet-forms-financial-fraud-victims-forum-scam-gurupreet-singh-anand/17659179
https://www.mid-day.com/articles/victims-of-fraud-unite-to-catch-qnet-scamsters/19309192
As you are aware we have successfully fought the best criminal lawyers appearing for QNET SCAM till date including lawyers like Kapil Sibbal, Salman Kurshid, Mahesh Jhetmalani, Abaad Ponda…the list is long. The fight is being fought on LEGAL GROUNDS with good FACTS and DATA. The fight has not been easy and but each and every court that I have appeared and argued my case In-Person I have won inspite of BIG MONEY POWER/PRESSURES etc from the QNET SCAM supporters.
You can become part of our organisation FINANCIAL FRAUDS VICTIMS WELFARE ASSOCIATION (FFVWA) which is fighting for the LEGAL RIGHTS of the QNET SCAM VICTIMS in SUPREME COURT of India by downloading the membership form from
DropBox at
https://www.dropbox.com/s/2piy8eudhlz3oj6/FFVWA%20Membership%20Form.pdf?dl=0
and filing it properly and sending it across by courier to:
Anuja Kotecha (Joint Secretary)
Flat no 701, Nazreth Niketan,
Charath Singh Colony, Behind Dragon Fly Hotel,
Andheri-east, Mumbai: 400093
After having completed the form please take snapshots of the same and whatsapp to us on 9137721819.
Please beware there are no short cuts to refund, stay away from individuals who promise you refunds illegally using various tactics. Stay united and fight for your rights LEGALLY.
Regards
Gurupreet Singh Anand
Anuja Kotecha & FFVWA
Truth willspeak
In Reply to gurupreet 11 months agoI am still awaiting for this company to be closed down and all the unethical people should be punished who are not doing this business properly. You guys have taken great effort to find all the cheaters, they need to be punished so that the innocent people are not fooled.
Manoj Bisht
In Reply to Truth willspeak 9 months agoBro it seems ur from qnet...
gurupreet
12 months agoHello Friends,
We have been receiving hundreds of enquiries from QNET VICTIMS across India asking on how to join the FINANCIAL FRAUDS VICTIMS WELFARE ASSOCIATION (FFVWA) which is fighting for the LEGAL RIGHTS of the QNET SCAM VICTIMS in SUPREME COURT of India. You can contact us on WHATSAPP on 9137721819 .
Congratulations to all FFVWA on our major mile stone and success in Supreme Court of India.
Before proceeding further I would like to mention that we are contactable on WHATSAPP on 9137721819 and victims can contact me on Whatsapp on this number only as my two phones were stolen in Delhi and my main number 7498053701 could not be recovered.
A brief summary on the need for forming the FFVWA is summarised in the two news stories below:
https://www.mid-day.com/articles/qnet-forms-financial-fraud-victims-forum-scam-gurupreet-singh-anand/17659179
https://www.mid-day.com/articles/victims-of-fraud-unite-to-catch-qnet-scamsters/19309192
As you are aware we have successfully fought the best criminal lawyers appearing for QNET SCAM till date including lawyers like Kapil Sibbal, Salman Kurshid, Mahesh Jhetmalani, Abaad Ponda…the list is long. The fight is being fought on LEGAL GROUNDS with good FACTS and DATA. The fight has not been easy and but each and every court that I have appeared and argued my case In-Person I have won inspite of BIG MONEY POWER/PRESSURES etc from the QNET SCAM supporters.
You can become part of our organisation FINANCIAL FRAUDS VICTIMS WELFARE ASSOCIATION (FFVWA) which is fighting for the LEGAL RIGHTS of the QNET SCAM VICTIMS in SUPREME COURT of India by downloading the membership form from
DropBox at
https://www.dropbox.com/s/2piy8eudhlz3oj6/FFVWA%20Membership%20Form.pdf?dl=0
and filing it properly and sending it across by courier to:
Anuja Kotecha (Joint Secretary)
Flat no 701, Nazreth Niketan,
Charath Singh Colony, Behind Dragon Fly Hotel,
Andheri-east, Mumbai: 400093
After having completed the form please take snapshots of the same and whatsapp to us on 9137721819.
Regards
Gurupreet Singh Anand
Anuja Kotecha & FFVWA
Jish Aadhu
1 year agoThe bad thing is, all of them were Indians, as they are utilizing Indian's avarice. Please keep away from these people.
Jish Aadhu
1 year agoLast Friday, I met a guy and he invited me to explain a new way of business in Dubai. I told him that I am looking for a job in my profession and what kind of job was he going to offer. He told me to come to a business meeting.
When I reached there, there were a lot of people waiting for someone, but most of them didn't know about that business.
After sometimes, the meeting started, and they explained about Qnet, Scope, and future of Qnet etc. Definitely, we will attract in their words and plans, as he said, he is living in Burj Khaleefa, His colleagues have luxury cars, millions of income within 6 months etc.
After that meeting, some guys started to brainwash me to join their company and I was supposed to join and I shared this plan with my friend. He helped me to know about the frauds behind this one.
I don't know, how many of them became a part of them, I don't have any of their numbers. I can share the contact number of the guy who invited me. 00971-523724567 is his number.
Truth willspeak
In Reply to Jish Aadhu 11 months agoJish, thanks for sharing your experience, but lets take positive side for a while, lets say your friend starts doing this business seriously and ethically without cheating anyone, he starts making lots of money from this business, there is definitely a possibility, he keeps making money and he never informs you about it, ask yourself if you will like it if he doesn't share an opportunity with you, he just showed you an opportunity, whether you like or not is your own decision, but there is no harm in seeing one, I am sure you are an adult and 18+ how can someone brainwash you please explain, I am sure you know this that it is a 20 years old company with a healthy cash flow. So something is right about the company I feel. I think selling products in not illegal, its part of the network marketing industry, just think if you do it ethically by putting lots of hard work and effort and earn good money then maybe one day you will have a story to tell. Well if you think there is any other channel that can take you where you want to go then do that .. but dont just ignore an oppurtunity based on some losers or morons who want to earn quick money and doesnt want to do it ethically. All the best.
anupaam bdathakur
1 year agoThose who suffered from these kind of bastards please mail me on this mail ID their mobile numbers . will tell you the process. [email protected]
Truth willspeak
In Reply to anupaam bdathakur 11 months agowow, you have been so rude in your comments, it seems you have lost a lot of money, do you help in getting the returns ? if yes then how ? in what ways do you help ?
Wemael Mkumbo
1 year agoI joined with QNET since January 2018 but I didn't get any information from,the person I gave money,and also I received one 100 dolas till now
anupaam bdathakur
In Reply to Wemael Mkumbo 1 year agoplease mail to [email protected]
Mansi Thakkar
1 year agohi Mate, I would like to inform that one of my friend is making money from it and he is not hearing me. can you please help me to make him understand it is fraud.
Truth willspeak
In Reply to Mansi Thakkar 11 months agoI think if he is making money and paying his tax, then there is nothing wrong about it, if you make money and cheat people then it is wrong, its like you are a trader in X Bank , you don't follow the rules & regulations of the bank, start trading for your personal gains, then I don't think its the fault of the bank, so if you see in the news X person got arrested from X bank , the bank doesn't close right or you don't close your account with the X bank (if you had an account with them) because of that person, I am not here to support Qnet as I have no interest in that, but i think there is no point in blaming everyone that is part of that company. My question is if there are so many complains why is the company still running ? I am in total support if the company is fraud and if their business model or compensation plan is cheating innocent people and taking their hardened earned money..
Pradeep Shrivastava
In Reply to Mansi Thakkar 1 year agoOne of my known friend has dragged me in this shit called QNet and now am forced to bear financial losses. Nobody from QNet is taking any responsibility for refund. Even the faces who seemed to be genuine at the beginning were come out as cheaters. All..please beware and do not indulge in this as it's a planned scam.
anupaam bdathakur
In Reply to Pradeep Shrivastava 1 year agoplease mail ur number to [email protected]
Mansi Thakkar
In Reply to anupaam bdathakur 1 year agoHi anupaam, I would like to discuss with you personally. I have just shared my number over email. Thanks!
Artificial Intelligence
1 year agoLet me know the number of chief mentor of Q net india to know more about the business opportunity
Nikhil Sp
In Reply to Artificial Intelligence 10 months agoHey Artificial intelligence, please drop an email at [email protected], this is the resources team in Bangalore. They will get in touch with you and contact you.
Mridula Sharma
1 year agoHi. Can anyone help me ?
Ujjwal Gupta
In Reply to Mridula Sharma 1 year agoYes we can help. When were you enrolled by qnet?
Ramchandra Shinde
In Reply to Ujjwal Gupta 5 months agoHi can u help me plz..
Aravind Bolla
In Reply to Ujjwal Gupta 1 year agoMadam, I am from Telangana I would like to inform you that there has been joining into qnet in Hyderabad naming qnet as three major circuits they are qnetinfinity , icebreakers etc so many guillible are paying lakhs of rupees into it can we report any where if we could charge them in judicial manner then only people would listen otherwise they are so confident that they no longer believe that it is a fake bussiness
Avantika Goyal
In Reply to Ujjwal Gupta 1 year agopls help me I m trapped in qnet....from 3 years pls help if anybody can
my contact no is 7906863683
a huge amount of money is trapped from my family
Mohammed Zeeshan
In Reply to Avantika Goyal 1 year agoone of my friend has joined in qnet , she is in to this business. she is forcing to me to join, and for business meeting she goes to thailand, malaysia in every 5 months, i dont know it is fraud or true , but i dont want to join, cant force for anyone to join in this, can understand the hard earn money,
We cant ask people to join in this , joining amount is in lakhs,
This is my number +91-7019176995 , can message me in whatsapp
Truth willspeak
In Reply to Avantika Goyal 11 months agohi when you say trapped, what do you mean ? it will be good for all of us to understand and be careful next time, have they taken your money and didn't gave you any products in return ?