Yet another Multi Level Marketing fraud surfaces

Kurnool: Taking advantage of helplessness of the unemployed, a fraudster Satish, has looted them by collecting money from them promising jobs in his Multi-Level Marketing (MLM) venture. The fraudster apparently took the cue from the blockbuster film Stalin. He collected Rs 7,000 or Rs 8,000 or Rs 15,000 from about 50 persons. He forced them to purchase consumer products worth their monthly salary of Rs 10,000 for part-timers and Rs 15000 for full-timers.

Even one month after the recruitment, there was no sign of salary. Suspecting something fishy, the duped alerted the media and complained to the police, who found the MLM company to be a bogus organisation. No arrests have been made so far in the case. He opened an office near rnew bus stand here and distributed pamphlets in the name of announcing job vacancies.

Anyone with qualifications ranging between eighth standard and graduation can apply. He insisted that selling of the salary’s worth of consumer durables–water filters, hot boxes, T-shirts, socks and so on–would be the real qualification. He claimed that his organisation is an ISO-Certified company and has government recognition. The job aspirants got at least 50 of their friends and relatives enrolled in the organisation.

The owner, Satish, used to conduct classes for the unemployed whenever he is in the office. Daily, the unemployed visit the office and engage themselves in chit chat without doing anything worthwhile. As Satish postponed payment of wages to the employees on one pretext or other, the unemployed felt cheated and complained to the police.

By V Rama Mohan