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Sri Net Wealth Marketing Pvt Ltd / money laundering

1 India Review updated:
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This company advertise opportunities which says you can earn easy money minimum 40, 000 rs per month Is this something which can be believed ? there is nothing like easy money. easy money can be only by illegal means. Why are they not earning that money and why are they doing this hoax business and marketing if it is so easy to earn money? money laundering is the only underlying motive. Dont become their preys.

Pa
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Comments

  • Ms
      17th of Feb, 2010
    0 Votes

    Refer the news in Indian express on Jan 12 2010 which has published that -

    RBI flashes red signal at MLM companies. Find the link below.

    http://www.indianexpress.com/comments/rbi-flashes-red-signal-at-mlm-companies/518020/

    Advocate Shafeer A.A has also made this comment-

    All the MLM's by whatever name it is called in India are illegal as they contravene the provisions of Prize Chits and Money Circulation Schemes (Banning) Act, 1978. Hon'ble Supreme Court has articulated in a writ petition filed by MLM leader Amway in 2007 the mode of business carried under MLM attracts the provisions of aforementioned Act hence it is illegal business. Supreme Court also rejected the writ petition of Amway who challenged the verdict of Andhra High court which held MLM is illegal.

    People. please be careful..

  • 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

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

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

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

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

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

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