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Sri Net Wealth Marketing Pvt Ltd / Warning about Bogus MLM company with crooks

1 India Review updated:
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BOGUS sri net wealth marketing - an MLM company with crooks.
netwealthmarketing.net/www.snwm.in is a Scam MLM company. They will eat your Money.They have a fancy website and show you some nonsense growth plans and brainwash you to invest money.Do not believe these crooks. They are bogus. They show as if they are going to give you a money plant. If you believe u are sure to loose money. They eat your hard earned money in the name of financial segments like mutual funds, stock & commodity broking, life & general insurance, proprietary investments, private equity and so on.
If you have already invested in netwealthmarketing.net/www.snwm.in claim for refund as soon as possible before you loose it.

  • Resolution statement

    Sri Net Wealth Marketing customer care service did everything in their power to resolve this complaint. All attempts to contact the complaint author have failed. Therefore, this complaint has been annulled and must not be considered where company image and it's services are concerned.

Su
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Comments

  • Ha
      14th of Feb, 2010
    +2 Votes

    Suri,

    Thanks for this post. I was to invest here. I did a background check on the owner of that company Panduranga. He is a notorious person. Someone has to take action against these kind of people before they exploit poor families showing them unrealistic dreams.

    Hari

  • Es
      15th of Feb, 2010
    -1 Votes

    no, i dont agree.. because he is a real gentleman and he is from a good family background.. he has no intention to cheat people..

  • Sh
      15th of Feb, 2010
    +1 Votes

    Untrustworthy people
    already have burnt pocket by trusting these people. BIG MISTAKE...they pretend to be sophisticated and make you enroll in plans telling that you will have very high return and life will change. nothing is true...our personal experience. DON'T TRUST THEM. I have come across many people having similar compliants about these peopel. please make a good check before you invest in any such company. Lot of people are talking about their frauds. looks like thats the reason people are posting compliants to warn public.

  • Pu
      8th of Mar, 2010
    0 Votes

    yes i agree with suri, not only this all MLM companies are same and they are fraud.
    the other same company is join2gain.net

  • Un
      18th of Mar, 2010
    0 Votes

    no i don't agree to this... bcoz i have already heard about the company... and the company is going very well... and i have not even seen any one MLM company which has grown so faster, with good company background ...

  • An
      21st of Mar, 2010
    0 Votes

    most MLM's somehow become successful in reaching some ignorant investors or distributors in the first few months they open the company. I have seen many MLM's coming and going over years. It wil look as if they are doing very good. but wait and see. this will not last for long. they might manage upto couple of months or even years until they reach saturation and have no more people to get cheated and invest. They might grow overnight but they will even closedown overnight without any warning signs.. It is sad that there are many people who dont even know that they are being cheated. It is also sad that govt is sparing these kind of companies. There is also frequent news we read about cheating MLM's in news papers and media. It is better to avoid such companies especially MLM's. Money wont last long if you dont earn it the straight way.

  • An
      21st of Mar, 2010
    0 Votes

    this link might throw some light on MLM scam's-

    http://advocatesalert.blogspot.com/2009/09/healthcare-scam-cbi-raids-14-premises_8230.html

  • Az
      31st of Mar, 2010
    0 Votes

    Do not fall to fake or money laundering mlm and increase the list of victims by mlm companies. do not lose your hard earned money.

    Join purely product based mlm. Asia's No1 MLM company and earn Rs. 1, 30, 000.00 pure legal money per week.

    Also there will be product worth of single Rupee given to company. That to from branded companies. Wipro, Bajaj, HCL, Future General Insurance, Titan and many more. for more details-contact 9880057320 or mail me at shaik.azmat@gmail.com

  • Nm
      31st of Mar, 2010
    0 Votes
    sri net wealth marketing pvt ltd - hopeless company
    sri net wealth marketing pvt ltd
    India
    snwm.in

    unethical practices..hopeless company..chetan kumar is the company owner a notorious person, an expert in lying.. his history is horrible..known for cheating people and doing anything for money..not reliable..many of the distributors in this company have got to know and they are leaving..

  • Op
      3rd of Apr, 2010
    0 Votes
    sri net wealth marketing pvt ltd - Not truthful
    sri net wealth marketing pvt ltd
    India
    snwm.in

    Even though they exhibit that they are transparent it is not true. with my experience with them i can say that they are not truthful. they portray wrong picture and numbers about their business just to mislead people and make them belive their business. everything they show to be true is false. be cautious.

  • Ke
      28th of Apr, 2010
    -1 Votes

    yes, , , , , , , that sure this company director are natorious person nagabushan, , , very dangrous person
    this company illigul, , , , cheated all distributors, , , , , totally company cheated poor people

  • Ra
      20th of Jul, 2010
    0 Votes
    Sri Net Wealth Marketing Pvt. Ltd. - Ponzi Scheme
    Sri Net Wealth Marketing Pvt. Ltd.
    India
    snwm.in

    SNWM is exactly like Amway with Ponzi or Pyramid schemes with PV concept.. a biggest lie..i tried doing it but i ended up paying, and not being paied.. Avoid Ponzi schemes *Big lie*! they target you, your time, your money, ... being dependent on them fully.. Go and find yourself a decent job..

  • Ra
      21st of Jul, 2010
    0 Votes
    sri net wealth marketing pvt ltd - Ponzi scheme
    Sri Net Wealth Marketing Pvt Ltd
    India
    snwm.in

    SNWM is exactly like Amway with Ponzi or Pyramid schemes with PV concept.. a biggest lie..i tried doing it but i ended up paying, and not being paied.. Avoid Ponzi schemes *Big lie*! they target you, your time, your money, ... being dependent on them fully.. Go and find yourself a decent job..

  • Is
      10th of Aug, 2010
    0 Votes
    sri net wealth marketing pvt ltd - pakka fraud
    sri net wealth marketing pvt ltd
    India
    snwm.in

    yes sir concept is like amway pv concept.full fraud. that man incharge of this is a pakka fraud chethan kumar pakka antisocial element. he takes our money talks like we are beggars. no respect for us. he is with no shame sir. very cheap. this fraud company has to be siezed

  • Is
      10th of Aug, 2010
    +1 Votes

    yes sir concept is like amway pv concept.full fraud. that man incharge of this is a pakka fraud chethan kumar pakka antisocial element. he takes our money talks like we are beggars. no respect for us. he is with no shame sir. very cheap. this fraud company has to be siezed

  • Vi
      9th of Sep, 2010
    0 Votes
    sri net wealth marketing pvt ltd - owner chethan kumar panduranga is a duper
    sri net wealth marketing pvt ltd
    India
    snwm.in

    chethan kumar panduranga in bangalore owner of sri net wealth marketing pvt ltd is biggest duper and 420. a cheap mad fellow.he opens businesses in different different names for few days dupe people and close it when he makes money. stay far from this person if you dont want to be duped.

  • Pr
      12th of Sep, 2010
    0 Votes

    sir has anyone lodged complaint on this criminal? I was also double crosed by this duper he will talk so good in the stating that I did not know when he mislead me. he should be behind bars

  • Sr
      30th of Jun, 2011
    0 Votes

    Dear Sir/Madam,

    After crashed out of UNIPAY2U, VISAREV & Unipay2u INTERNATIONAL (all concepts under the Unigroup2u.com), I think everybody will be worried about online Investment Plan. But, few people are there, of course Network Leaders, who will get some risk still now. Hence, all survey companies are booming now. After few days, these companies will be ... ... ...!

    So, please wake up. WAKE UP ! If you want to earn huge money from this type of market, good companies are there still now. Please read carefully the following :-

    One NEW CONCEPT (which is started from 01st April, 2011) from KOLKATA, Regd. Office is situated 3 KM away from Dum Dum Airport on VIP Road, Kaikhali. All are cordially invited to visit our Office for satisfaction of yourselves, before commencement of the business / investment.

    The Business Plan of M/s. SRI HRD Marketing Pvt. Ltd. (website : www.srihrd.com) : Any amount of investment from Rs.Ten Thousand to Rs.Ten Lacs : Monthly 10% Return including Principal Amount for 25 Months tenure. For Networkers / Leaders : 5% Direct Sponsored or Spill Income, 10% Binary, 5% Referral Income of Membership Appreciation Amount / Return Value. Power Leg carry forward.

    There are five types of Membership. These are :-
    (1) Rs.500/-, where you can invest upto Rs.50, 000/-;
    (2) Rs.1, 000/-, where you can invest upto Rs.1 Lac;
    (3) Rs.2, 500/-, where you can invest upto Rs.2.5 Lacs;
    (4) Rs.5, 000/-, where you can invest upto Rs.5.0 Lacs and
    (5) Rs.10, 000/-, where you can invest upto Rs.10 Lacs.

    THERE IS NO FACILITY TO TRANSFER YOUR INCOME / RETURN TO ANYBODY FROM YOUR ID, WITHOUT BANK WITHDRAWAL, i.e. your all types of incomes / returns will compulsorily be credited to your Bank Account through NEFT / RTGS System, after statutory deductions.

    No TDS will be applied from the RETURN of your investment upto 10 Months. From 11 Months to 25 Months of the return of your investment and others income, TDS (10%) will be applied; TDS Certificate in this respect (Form-16A) will be provided to you by the Company after completion of the current financial year.

    Online Bank Transfer : Monthly TWICE - (1) For First Fortnight (1st to 15th of the month) : 16th to 23rd of the same month and (2) For Second Fortnight (16th to last day of the month) : 1st to 7th of the next succeeding month.

    Scientifically 100% GUARANTEED & GENUINE, NO RISK. Hurry ! Book your ID for TOP place.

    “Life laughs at you when you are unhappy ! Life smiles at you when you are happy ! But, Life salutes you when you make OTHERS happy !”

    Please go through www.srihrd.com (M/S. SRI HRD MARKETING PVT. LTD.) for details Information.

    For any type of help or suggestions don’t hesitate to call me with the following numbers :-
    09038897633, 08013200191, 09883273279 or contact with Email : srihrd@asia.com, srigroup@gmx.com

    Thanks !

    JOY
    KOLKATA
    WEST BENGAL

  • Sr
      2nd of Aug, 2011
    0 Votes

    Dear People,

    Sri Net Wealth Marketing and Sri HRD Marketing are not same company. Please see company's address in the website. Sri HRD Marketing Pvt. Ltd. is situated at Kolkata (West Bengal).

    One NEW CONCEPT for online investment has already started from KOLKATA (West Bengal). All are cordially invited to visit our Office for satisfaction of yourselves, before commencement of the business / investment. Office address mentioned in the website.

    The Business Plan :
    Any amount of investment from Rs.Ten Thousand to Rs.Ten Lacs : Monthly 10% GUARANTEED Return (including Principal Amount) for 25 Months tenure. Certificate of investment declaring percentage return & tenure and Membership Card will be delivered to Member's/Investor's residence through Speed Post by the company.

    For Networkers / Leaders : 5% Direct Sponsored or Spill Income, 10% Binary, 5% Referral Income of Membership Appreciation Amount / Return Value. Power Leg will carry forward.

    Company Name : M/s. SRI HRD Marketing Pvt. Ltd.
    Website : www.srihrd.com

    For details, don’t hesitate to call me with the following numbers :-
    09038897633, 08013200191, 09883273279 or contact with my Email : joy.srihrd@gmail.com, joy.srigroup@gmail.com

    Thanks!
    JOY, KOLKATA

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