Showing posts with label Stock Guru. Show all posts
Showing posts with label Stock Guru. Show all posts

Wednesday, December 18

Online and MLM fraud companies

Direct selling has completed 18 years in India and about 8 million of our countrymen are engaged with the industry. The industry continues to grow at rapid speed despite of scams (using the multilevel marketing compensation plans) causing damage of thousands of crores every year.

Scams not only swindle the people but also create confusion about the business model since they impersonate as principled direct selling companies.