Bike Bot taxi service MLM Company is accused of duping about 3,000- 4,000 crores from 2.25 lakh investors The Enforcement Directorate (ED) on Monday issued an order to attach 103 crores moveable and immovable assets belonging to the Noida ‘bikebot‘ Ponzi scheme. There are 26 immovable properties with net worth101.45 crores, and bank balance of2.28 crore in 22 accounts. […] The post Enforcement Directorate (ED) attaches assets of ‘bike bot’ MLM Po…

Cyberabad police on Wednesday cautioned that the Multi-Level Marketing (MLM) fraudsters back in the market with new modus operandi.Owing to the easy trap methods into Multi-level marketing frauds, the fraudsters have always returned to trap vulnerable people. The most important fact about this fraud system is the new techniques adopted by the fraudsters to get […] The post Ranga Reddy: Multi-level marketing fraudsters loot 15 lakh from woman appeared first on MLM News. Source: Networking E…

India’s homegrown MLM company Vestige Marketing Pvt. Ltd., and also the only Indian company in the world’s top 30 direct selling companies has expanded its personal care category into the natural personal care segment. The newly launched brand is Assure Natural. After achieving immense success following the initial launch in August, the company has launched […] The post Vestige To Launch PETA certified 100% Vegan Assure Natural Range appeared first on MLM News. Source: Networki…

The Directorate of Enforcement (ED) conducted searches at various locations in Mumbai, Bengaluru, and Chennai on Wednesday in relation to a money laundering case involving M/s Vihaan Direct Selling India Private Limited, which is the master franchisee company of M/s Qnet Ltd in India. During the searches, the ED froze a total of 36 bank […] The post Enforcement Directorate freezes 36 bank accounts with over Rs 90 crore in inspections at direct selling firms Qnet in Mumbai, Bengaluru, and C…

Mindset 24 Global’s John Brian McLane Jr. has pled guilty to tax fraud. Following an IRS investigation, the DOJ filed charges against McLane in June 2022. As per a June 21st “information” filing, McLane made just over a million dollars in 2019, which he failed to pay $417,481 in taxes on. In addition to income [Continue reading...] Source: Mindset 24 Global’s John McLane Jr. pleads guilty to tax fraud Source: Behind MLM - Scams & Reporting