QNET Fraud | Episode 1 | Bihari No. 1 | Jago Bharat - YouTube

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The Enforcement Directorate has filed a lawsuit against the MLM. - QNET Scam

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 QNet, its creator and accomplices will now face ED sleuths in the Rs425 crore MLM scam after being investigated by the EOW of Mumbai police. The Enforcement Directorate (ED), India's body in charge of enforcing economic laws and combating economic crime, has filed a money laundering complaint in the Rs425 crore QNet scam . According to sources, the ED has named Hong Kong-based multi-level marketing (MLM) company QNet Ltd, its official franchisee Vihaan Direct Selling Pvt Ltd, Vijay Eswaran, founder of the QI group, and three additional QNet independent representatives (IRs) from Mumbai. In a media statement, QNET described the ED's money-laundering investigation against it as "preposterous and entirely false." QNET adheres to strict legal business, transparency, and corporate governance norms as a matter of policy. Every data relevant to the operations of its Indian franchisee Vihaan Direct Selling, as well as its financial transactions, has been supplied to the EOW ...
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QNet: In a money-laundering case, the ED freezes 36 bank accounts linked to Vihaan Direct Selling.

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  T he Enforcement Directorate (ED), India's agency responsible for enforcing economic laws and combating economic crime, has frozen 36 bank accounts associated with Vihaan Direct Selling India Pvt Ltd, the master franchisee of multi-level marketing (MLM) company Qnet Ltd in India. According to a news release, the ED searched numerous locations in Mumbai, Bengaluru, and Chennai on Tuesday in connection with the Vihaan Direct Selling (QI Business) money laundering case and froze 36 bank accounts worth more than Rs90 crore. In 2014, the ED filed a money laundering charge in connection with the Rs425 crore QNet scandal. The ED list included QNet Ltd of Hong Kong, its official franchisee Vihaan Direct Selling, Vijay Eswaran, the creator of QI group, and three additional QNet independent representatives (IRs) from Mumbai. In the same year, the Mumbai police's economic offences wing (EOW) notified the Sessions Court that seven suspects in the QNet fraud tried to deceive the court by ...
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Ponzi scheme of QNET (QI Group) - History of Network Marketing

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  Ponzi schemes are fraudulent investment schemes that generate rewards for earlier investors by taking money from later participants. Such scams have nothing to do with direct selling or multi-level marketing (MLM), a common method of expanding a direct selling distributor network. Just like QNet scam. This company has various knowing name i.e., QI Group , Vihaan Direct Selling. Charles Ponzi created a worldwide mail return coupon programmed in the 1920s. You could send a letter to a foreign country without purchasing a postage stamp if you possessed an international postal reply coupon. QNET (QI Group) - Long History of Allegations and the Truth Behind Them As a result of an escalating civil dispute, Vijay Eswaran and his associates were arrested. Due to a disagreement between its original creators, the case was opened in the Philippines. The situation deteriorated through unscrupulous ways, and the Philippines government issued an Interpol arrest warrant for Eswaran and his ...
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