With the rapid growth of the network marketing and multi-level marketing in India, the expansion has been very fast. But at the same time, due to wrong plans of the company in many parts of India, the Fraud Investment Company ran away with the money of the people, which affects the business of the right companies operating in the eyes of the government. Because of this, the concerned ministry is also worried in these cases, but till now all the schemes of the government are seen failing on these fraud companies. In the last few years, some chit fund scams in the country have not only shocked the government but also the people of the country.
In which primarily the chit-fund scam of West Bengal or, by the Sahara group, by cheating the people for millions of rupees, besides the famous PACL of India, the PACL also cheat the people. For the sake of doubling the money, millions of crores rupees of millions of peoples have taken by those fraud companies which is being considered as Bharata’s biggest private scam ever so far. Who has given the election party an issue of the election. Due to these companies, the network marketing company and multi-level marketing companies working properly are also impacting the business.
Companies working in network marketing and multi-level marketing, it is necessary for the successful companies to keep their and company image clean to remain in the market. Also, there should be transparency in your work, so that your customers can understand your way of working, transparency is also necessary so that you Keep your customers’ trust in your company too.
Be careful from fraud companies
Nowadays, in the country of India, the craze of online business and online shopping is increasing. But in the name of online shopping, many fraud companies making fool of millions of innocent peoples. But there is another truth about these companies, that is that all these companies have a similar situation, that is, this company does not remain in the market for much time. It proves to be a failure. Many such fake companies keep coming in the market. That is after the fraud, bad results are left out for the right company. Because of this, due to the right company and their plans, social tension also arises. Such chit fund is not registered by the government, due to which such company and their plans cannot produce any fruit at the right end and are absconding.
Agent keeps on heavy commission
Most companies operating in the name of multi-level marketing run the company on the trust of agents. Which is run by the agent, in return, other agents get a huge commission in return. Regardless of the plans of these companies, but their intentions are only one, they have to cheat with the people. Most of these fraudulent companies claim to give huge returns to the people. They make fool of investors and after some time, they ran away with the money of the investors. The company gives benefits to investors at the initial stage, but after a few days, they all escaped with the money of the investors. Many such fraud chit fund companies are operated by the fraudsters in the eyes of the police and related administration.