Ponzis Continue To Rule the Roost  

July 22, 2014

Chain marketing schemes are still having a nice time, despite SEBI’s enhanced powers  

SUCHETA DALAL

The Direct Selling Association of India and the high-profile, multinational multi-level marketing (MLM) companies have stepped up the pressure on the National Democratic Alliance (NDA) government to frame new rules to give them legal cover. After the arrest and long incarceration of the chairman & CEO of Amway India (since 27th May), and the virtual crackdown on QNet, promoted by a Malaysian national, the industry is in serious disarray.  

To read more on this click here