Business Daily from THE HINDU group of publications
Wednesday, Aug 16, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Marketing - Direct Marketing
Industry & Economy - Economic Offences
States - Andhra Pradesh
Police caution public against MLM schemes

Our Bureau

Hyderabad , Aug. 15

Close on the heels of the Madras High Court judgment against multi-level marketing (MLM) schemes, the Hyderabad police have cautioned the public not to join these schemes and get cheated.

The Superintendent of Police, Economic Offices Wing of CID here, Mr V.C. Sajjanar, has appealed to the public not to enrol themselves into MLM companies, money circulation schemes, network marketing companies and other such companies and schemes.

APPEAL FOR INFO

In an appeal to public at large, the police have sought their cooperation with the investigating agencies to curb such menace. According to the police, such MLM companies not only destroy the economic fabric of the nation but also the social fabric.

The police have urged the public to pass information on such MLM companies and schemes to the nearest police station and concerned Superintendents of Police so as to enable them initiate necessary and prompt legal action.

The police said it was brought to their notice that quite a few money circulation schemes in various parts of Andhra Pradesh were thriving as multi-level marketing and network marketing companies, involving hundreds of crores of rupees.

More Stories on : Direct Marketing | Economic Offences | Andhra Pradesh

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
LT Overseas' ready-to-cook rice


Blaupunkt to withdraw from cassette decks market
Bose Corporation plans to expand to tier-2 cities
Virgin is James Bond's new flying partner
Videocon festive offer
Tata Indicom launches Onam offer
Samsung unveils Onam bonanza
Festival offers from EKL
Police caution public against MLM schemes
Compact cars drive passenger segment
Breaking the glass ceiling with aplomb
Discovery Travel to air India-based programmes
TV-18's Hindi news channel


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line