qnshreyas
qnshreyas
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qnshreyas · 2 years ago
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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.
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qnshreyas · 2 years ago
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The main distinction is that in a legitimate direct selling business, commissions are only paid based on the sale of products, whereas in an unlawful pyramid scheme, one receives commission for recruiting new people under them. Even if a person has a sizable network of associates working for them, if they haven't sold or bought any products, they won't receive any commissions. QNET Scam
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qnshreyas · 2 years ago
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The Cyberabad police served summons on 500 individuals, including Shahrukh Khan, Boman Irani, Anil Kapoor, Jackie Shroff, and Yuvraj Singh in connection with the probe into QNet multi-level marketing crimes.
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qnshreyas · 2 years ago
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 The Bombay High Court noted that "the deceit and fraud is camouflaged under the banner of e-marketing and business" while rejecting the anticipatory bail requests of five suspects in the multi-crore QNET scam.
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