The multi-level marketing (MLM) company QNet through its Indian franchise duped 45 investors for Rs 1.80 crore in Pune alone, the Maharashtra Legislative Council was told today.
In a written response to a query by the Shiv Sena MLC Neelam Gorhe, Chief Minister Devendra Fadnavis stated that the international company QNet deals with multi-level marketing and the Vihaan Direct Selling (India) Private Limited is its Indian franchise.
Fadnavis stated that Vihaan Direct Selling (India) Pvt Ltd deals in online selling of products.
"It has come to light that this company has duped 45 investors in Pune alone to the tune of Rs 1,80,00,000," the CM said.
Gorhe had sought to know that if Qnet, by getting people join the company to earn commission through MLM, had duped around 200 people across the country, and 10 persons in Pune to the tune of Rs 40 lakh.
She also asked about "the action taken by the state government against the company's website through which it duped people to the tune of crores of rupees, by posting advertisements claiming a 'golden chance' to earn money."
Gorhe also asked if the government had conducted an enquiry against the website and the misleading advertisements.
In his response, Fadnavis stated that in order to commit the fraud, the company had used 'qnetindia.Net' and 'portal.Qnetindia.Net' and that the government has called for details of the website.
"Once information is received, further action will be taken on the websites.
"Vihaan Direct Selling (India) Private Limited has its office in Bangalore and has 14 bank accounts, all of which have been freezed," he stated.
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