Saturday, August 17, 2013

Cheating case against multi-level marketing Co




Mateen Hafeez TNN

Mumbai: The economic offences wing of the city police on Friday registered a case of cheating against a multi-level marketing firm, QNet, for selling thousands of investors plastic and glass products that it claimed would cure diseases like cancer. 

    A police officer said that the company, which had been selling its product through, was headquartered in Hong Kong. The company lured

investors with various schemes that called for an investment of Rs 30,000 to Rs 7 lakh.
    “The firm posed as a marketing firm which sold bio-discs, watches, Chi pendants, gold coins, herbal products, e-education packages and holiday packages, among other things,” a police officer said. “It even claimed that by using the bio-disc one could cure cancer and brain-related diseases.”
    Additional commissioner of police Rajvardhan Sinha said arrests were expected soon.
    There are five accused in the FIR and a police team visited Bangalore on Friday to trace the suspects. 
The Times of India, August 17, 2013

No comments:

Post a Comment