Multi Level Marketing (MLM) Scams

RSD-Sircilla news: The SP said that people are being cheated by cyber criminals in the hope of earning more money in a short time, frauds are increasing day by day in the name of multi-level marketing, and the people of the district should be vigilant against fraudulent campaigns saying that less investment is more profit and they should not be deceived by the hope of easy money. He said that some electronic shop owners and businessmen in the district are involved in multi-level marketing and take money from people under different names and give double money for two years.

SP said on this occasion that, people’s innocence has become a boon to financial criminals, they are losing heavily due to MLM (Multi Level Marketing Scheme) scams hoping for easy/fast/quick/instant money. Fraudulent Multi Level Marketing Scheme (Chain Business). It is said that good relations with close friends will be damaged by involving people who are familiar with the schemes, those who are cheated in MLM schemes will never know who is the mastermind behind this scheme, no one knows when and where these chain schemes will break, those who are running the MLM scheme will turn the board down when they get the expected amount of money. The SP said that people should be alert to such scams as all those who join will remain victims, don’t lose the hard work by believing the advertisements that will give more money in a short time, and if anyone are exposed to cybercrimes, they should immediately report to the cyber troll free number 1930.