Jago Bharat (QNET Scam)

The Supreme Court has issued a notice to the Cyberabad Police in Telangana on a contempt petition alleging breach of court directives prohibiting 'coercive measures' and arrests of independent representatives of e-commerce QNet company  . A bench of justices R F Nariman and Vineet Saran issued a notice and asked the state administration for a response. The high court also waived the attendance of the alleged contemnors and filed the contempt petition among other outstanding matters for final disposition. The contempt notice was issued in response to a petition filed by Vihaan Direct Selling Pvt Ltd, QNet's Indian franchisee. According to the plea, notwithstanding the highest court's order, independent representatives of the company were arrested by the Cyberabad Police on suspicion of running a ponzi scheme. The QNet Distributors Welfare Association petitioned the Telangana High Court, alleging that state police officials were not following the state's notification ...

 Former world billiards champion Michael Ferreira and three others have been arrested and brought here from Mumbai by Hyderabad Police in connection with a Rs 400-crore alleged fraud involving the multi-level marketing QNet Business . Ferreira is a director of the accused firm, Vihaan Direct Selling India Pvt Ltd, which is an M/s QNet master franchise in India. Michael Joseph Ferreira (78), Malcom N. Desai, M.V. Balaji, and Srinivas Rao, all directors and shareholders of Vihaan Direct Selling India Pvt Ltd who were previously arrested in Mumbai by Maharashtra Police, have been brought to the city on PT (production transit) warrants and arrested, according to Deputy Commissioner of Police (Detective Department) Avinash Mohanty. On September 30, this year, the Mumbai Police's Economic Offences Department arrested them in connection with the QNet case. So far, the EOW has detained 19 people in connection with the case. Suman Ghosh, an assistant manager in a private bank here, filed a ...

  Former Karnataka Chief Minister and senior Congress leader Siddaramaiah has had his fair share of controversies of QNET Scam . In the days leading up to the Karnataka Assembly elections, Sambit Patra of the Bharatiya Janata Party claimed that Siddaramaiah had gotten an expensive Hublot watch worth Rs. 70 lakhs from Vijay Eswaran of QNet . In the days leading up to the Karnataka Assembly elections, Sambit Patra of the Bharatiya Janata Party claimed that Siddaramaiah had gotten an expensive Hublot watch worth Rs. 70 lakhs from Vijay Eswaran of QNet Business . In India, the Bombay High Court made some harsh remarks about the case. While rejecting the anticipatory release of five suspects in the QNet Scam , Justice Mridula Bhatkar stated, "The motto of the company 'sell more, earn more' appears very seductive and innocuous. This motto, however, is completely concealed. The company's core premise is that people can be duped. As a result, the true motto is'sell more, e...

 Boman Irani, the Bollywood actor named in a complaint filed in connection with the Rs 425-crore QNet scam, claimed today that he and his son did nothing wrong. A complaint has been filed against the 54-year-old actor and his son in connection with the scam. QNet is a multi-level marketing company that allegedly duped people. Complainant Gurupreet Singh Anand, who filed a FIR against QNet in August of last year, approached the investigating agency, Mumbai Police's Economic Offences Wing, with a two-page complaint detailing Danesh's alleged involvement in the scheme. In the written complaint, he claimed that Danesh and his father Boman promoted and propagated the scheme, despite the fact that the actor is not a participant in the scheme, according to police. "I was informed yesterday that there was an information sent to the members of the media that a certain gentleman has lodged a complaint against my son Danesh Irani and I, for involvement with a company - QNet. "T...

  The Mumbai police's Economic Offences Wing (EOW) has issued a lookout notice against former world billiards champion Michael Ferreira for his alleged involvement in a QNET India Scam. Ferreira, a Padma Bhushan recipient, has already been called by the EOW in connection with the allegedly Rs 425-crore QNet scam . We issued the watch notice because he did not show up for interrogation three weeks ago when we called him, according to a police officer. In the second week of December, the EOW summoned Ferreira, 75, and asked him to appear before them to answer questions about his role with the scam-hit company. EOW has detained nine people in this case so far, who have been charged with cheating, forgery, and violations of the Prize Chits and Money Circulation Schemes (Banning) Act of 1978. QNet allegedly enticed investors with plans involving investments ranging from Rs 30,000 to Rs 7 lakh, claiming to be a marketing agency offering watches, bio and herbal goods, vacation packages, a...