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Consumer complaints and reviews about QNET

Raj_Rules
 
Oct 20, 2014

Qnet ka Diwali..

@gds

"it was nice discussing with you. probably, i could try to convey your experiences to company so all bullshits can be stopped."

Does this line means you are signing off?

I tell you what should be done by QNet, it has reached it's peak in India, now it's time to move out of India, there are 196 countries in world, as Muslim countries won't entertain this kind of illegal things, you can try in other countries.. If QNet selects just 20 countries it is enough to survive forever.. as you can keep moving from country to country as it gets shuts down.. by the time Qnet returns to India after 100 years..it will totally new generation here..!!

You mentioning about Medical store, they wont force anybody to buy, they sell a real product..!! if it doesn't work medical store people will screw the company which has supplied. QNet's magical herbal product only doesn't work, if he keeps product from QNet in his store for public.. Shop has to be closed in less than 24 hours. Please don't compare your stupid business with Medical stores. They do in public not afraid of anybody, these shops have saved many people lives unlike QNet which has screwed many people Life.

You guys can't run QNet without doing "breaking someones trust or faith, brain wahsing , hypnotizing, or other wrong" who will put such big amount money for your dream selling business. You can't Max out in 4 years, if you don't do all these things. I recommend you guys to continue these things so that you guys will be fucked of this QNet cheating thing ASAP..

And stop giving irrelevant replies, don't mention new new things here.

UnHappy Diwali to QNET chuthiyas..
gds_22
 
Oct 20, 2014

cheating is not accepted

@Raj_rules,

dude, i totally understand your anger.if i would have been your place, i don tknow what i could have done. and i was about to get cheated.. untill i met someone who explained me everything, so i knew how it feels when someone forces you something , when u dnt want or like.i feel sorry for you.

i already cleared, breaking someones trust or faith, brain wahsing , hypnotizing, or other wrong ways is not acceptable. But neither company nor govt can control people, when u have freedom of speech. this is the only drawback of direct selling companies when u have wide range of products.

will give u practical example where we are victim of mis selling or breaking the law ( same happened with you guys )
no medical store is authorized to give any medicine without doctor's prescription. THIS IS LAW. still we visit pharma store and ask the guy for medicine for normal fever, headache or small things. many a times, we have reactions to medicine or simple it doesnt work. if god forbids, any bad happens to us, then?

nobody can not control whatever going around, and dont know what will happen.

just wanted to convey, that company is not bad nor company teaches us to do any wrong doings for money. whoever are doing that should be stopped. HOW is still the concern. anyway, it was nice discussing with you. probably, i could try to convey your experiences to company so all bullshits can be stopped.

happy diwali.
jitumoni
 
Oct 19, 2014

Qnet

People its Time for Action and Shake things up. File all your complaints and encourage all new recruits to respectively file theirs at EoW Mumbai address given in previous post.You all will get back your money so do not worry. There is nothing to be ashamed of when one is being cheated by teams of qualified sophisticated greedy conmen.They are not direct salesman since no retail sales are made. Only dreams are shown and lure of time and money freedom within 4-5 years is demonstrated and money is siphoned off in the name of buying Tracking Centers. All information you have regarding IR names,IR IDs, photographs, addresses, phone numbers,documents,conversations, must be provided to EoW, gurupreet@gmail.com and ED to strengthen their case in court. Be Fearless.
Raj_Rules
 
Oct 19, 2014

QNET Cheaters

@gds

Where is this Chuthiya..I'm waiting for your answer...

This fucker as thought this place is like his CCD, where everything is fixed and people listen to whatever chuthiya says.

Just listen to door man..someone is knocking, might be police, now your tour package will come to use, make use of it... your getting 50k worth package for 12k,.. use it and get out of Our India. If you don't have tour package let me know..I'll give mine..!!

These guys are left with nothing, as they would have cheated or tried cheating all their close friends, colleagues, relatives... no peace of mind, I'm planning to visit to this mother fucker's house who cheated me..I'll be showing and telling all the things this guy has done to his parents..and screw his life forever..!! Later will be approaching police too.. I'll be more happy to see him
suffer than getting my hard earned money back...

Fuck you loosers (if not money, everything else u have lost)
qnet frauds
 
Oct 19, 2014

raid on qnet office at Bangalore

Ending days for qnet
Watch the link
Beware of qnethttp://m.timesofindia.com/City/Mumbai/Eonomic-offences-wing-raids-at-QNet-Office-in-Bangalore/articleshow/44870185.cms
Raj_Rules
 
Oct 18, 2014

QNET going down..

@gds

Yeah Social network sites are not your style.. telling about QNet in open,
Anyways this website can't be blocked like QNet's
You people style is more like terrorists in pakistan, do in hide out.
You people do these thing so secretly, even victims parents will not be aware of it..

You people should stop forcing people to join and screw up their life. Do something more like Flipkart.. post your adds telling "earn money by network marketing" , Instead of wasting money sponsoring Virgin F1 Team (may driver get well soon..!! LOL) and other places, flashing QNet name in those places..is just to show to people before joining and build confidence to join and get cheated,

You people know deep inside whatever you guys are doing illegal stuff and will be stopped one day..And you guys attitude is to make as much money as possible ..

I'm from Bangalore I have seen many network marketing companies for past many years, Please don't feel QNEt is something different and best with no flaws.

All network marketing company operate in QNet style only, even they have all certificates from Govt., tax paying, Form 16 (not pdf edited), also people like police commissioners, politicians and other celebrities in their team.

Good luck with getting law passed for legalizing this illegal thing, good news for all the victims..today Bangalore branch has gone down.. soon it will be washed out of Our India..

Again you have given irrelevant answers to my question, we know you guys are MNC operating in many countries.. but who cares network marketing is illegal thing only..

My question was: tell me how many people are there in downline to you? longest single chain u have under you?
Raj_Rules
 
Oct 18, 2014

QNET going down..

http://timesofindia.indiatimes.com/City/Mumbai/Eonomic-offences-wing-raids-at-QNet-Office-in-Bangalore/articleshow/44870185.cms
gds_22
 
Oct 18, 2014

QNET is 100 % Legal

@Raj_rules,

see, i have explained to every questions. Todays world gives you freedom of speech on any private / public blog..social networking and other stuff on internet. specially negative things come in picture.

we are 100 % compliant with all indian laws and regulations. we pay all taxes upto dot figures. every IR receives form 16 at end of financial year ( now there have been cases where other fake companies issues fake form 16.. its just PDF editing. but can not run for long time. ). any money goes out is fully compliant with banking and financial regulations. all products imported are with utmost taxes.

avg life of any MLM or network marketing companies is 2 years. Company has been survived and still going strong.

QNET operates in many countries where business standards as in rules and regulations are strictest and stringent like Singapore, Malaysia, Turkey, and recently we opened office in Germany. The problem in this country is we dont any legislation for any MLM or Network marketing company. In fact, we are somehow trying hard to push gov to frame laws which will bring laws and protect genuine direct selling companies.latest law enacted was in 1956 and even no company was exists. ISDA, FICCI all are in efforts to frame a model which would differentiate genuine companies from ponzi schemes. but obviously it will take time.
MONEY LOVER
 
Oct 17, 2014

QNET IN INDIA

These days I am going through all the complaints and reviews about QNET. I am not against QNET.One IR tried his best me to join QNET.But because of this COMPLAINT BOARD I survived.QNET may be legal in some countries.But it is illegal in INDIA. Its URL & websites are banned by court order.So INDIANS ,be careful.
Raj_Rules
 
Oct 16, 2014

QNET total Fraud

@gds

My Question 1 : tell me how many people are there in downline to you? longest single chain u have under you?

Your Diverting answer: this is not about CHAIN ..its about making SYSTEM where you get residual and passive income. this business is not about making huge money by cheating or looting people. its all about making money together.

Truth: QNet is pyramid scheme, which is very unsustainable, it will crash in 4 to 5 years.


My Question 2: Answer the above question:

Your Diverting answer: Yes everybody gets same profit out of business done in your organisation. but not the way you might be thinking. i.e. company makes 1000 rs profit then distribute 10 rs each to all 100 rs. No not atll.now obvious question is of everyone gets same profit then how company has survived for 16 years.

Truth: Yes your company has survived 16 years, by changing name when ever problem arises approx. every 4 years, this cheating business mainly concentrate on young professionals, after every 4 years there will be totally new bunch of young people who can be easily cheated by you mother fuckers. Again creating lot of new victims.



Your claim: why are you now quite buddy? now at least you came to know, company is not bad..its people..and accept the fact.

Truth: QNet teaches to newly joined people to get hot sign ups, don't reveal about company just get your close friends and relatives signed up, this is chuthiya thing you guys follow and if people don't like to continue you sister fuckers don't have answer. And just ignore them. So company is bad. I have seen people at top level in QNET, Shipra is one female name I remember, Top level means they are face of company, they r QNET, who teach things like this. She will be fucked out of this place once all this scam stops.


I have seen nearly 50 friends who have joined QNET, out of this 3 or 4 have made money, rest all curse bad words on these guys who made them join, I'll not mention bad words used, or else you will tell in all company people curse their top level. LOL

Most of my friends are not able to answer their parents where they have spent so much money.

Even if government legalize pyramid schemes, it will not run for long time, as it is designed to fail eventually.,

You mentioning about sponsoring Virgin F1 team, whose driver got injured badly ,.. might have used fake parts from some network marketing company.
Sponsoring something is directly against network marketing, it again becomes normal marketing only. You guys do this to shut bad mouthing about company and nothing else. If any body pays money to put sticker on their dress they will happily put it.

You might be sitting at top level and your downline must be doing this cheating people thing.. If you are simply wasting your time here means you have strong downline who are cheating people bigtime. Please you also join them and make money at faster rate. So that you also share victims curse...!!! you fuckers..
gds_22
 
Oct 16, 2014

dont break trust

all,

i totally accept the experiences of people when they were demanded money using TRUST or FAITH in relationship without giving them any info. personally i neither recommed , encourage nor promote this non sense even same culture is followed in my team. if you like it , then do it, if you dont then thanks for time. no cheating no fooling with a single wrong info.
gds_22
 
Oct 16, 2014

Products

@invest_wise,

there are other swiss brands which are cheaper than our brands. but that doesnt mean our brands are not worth. same way titan watch is very cheap compared to swiss watches, that mean all swiss watches are not worth. prices vary from product to product. a simple rolex watch having stainless steel case, hour/minute/second hand and date roll costs around 50-70 K.. that means rolex is not worth? yeah , someone "may not" feel its not worth, but that doesnt degrade brand value of rolex.

FYI
http://www.swisstime.ch/en-CIMIER-m704.html

second, as long as travel deals are concerned, you pay todays price thorugh out the membership tenure. it can be 5 years, 10 years or even 30 years. you just have to pay usage fee which is now 200 USD.

example, to stay in resort located near sharm-ek-shaikh egypt, you have to pay at least 8000 per night. so for 7 nights , its 56000 rs.
if you take membership, you end up paying 12000 rs usage fee for 7 nights.. you can send your family or friends..
you can stay in GOA even in month of december and even after 10 years at todays usage fee. No renewal fee , nothing.

its simple , if you like buy it..else leave it..i found it worth as i have some products and license to sell also..some will, some wont.
jitumoni
 
Oct 16, 2014

Qnet

http://www.scamwatch.gov.au/content/index.phtml/tag/PyramidSchemes
What is a pyramid scheme?

Pyramid schemes are illegal and very risky ‘get-rich-quick’ schemes that can cost a lot of people a lot of money.

Promoters at the top of the pyramid make their money by having people join the scheme. Then they pocket the fees and other payments made by those who join under them.

In a typical pyramid scheme, a member pays to join. The only way for the member to ever recover any money is to convince other people to join up and to part with their money as well.

In contrast, people in legitimate multi-level marketing earn money by selling genuine products to consumers, not from the recruiting process. Be aware though, some pyramid scheme promoters disguise their true purpose by introducing products that are overpriced, of poor quality, difficult to sell or of little value. Making money out of recruitment is still their main aim.

People often hear about pyramid schemes from friends, family or neighbours. Normally, pyramid schemes recruit members at seminars, home meetings, over the phone or even by mail. Now email, usually as spam, is increasingly used to recruit members as well.

For the scheme to work so that everyone can make a profit there would have to be an endless supply of new members. In reality, the number of people willing to join the scheme (and therefore, the amount of money coming into the scheme) dries up very quickly. When the pyramid collapses (and they all do) relationships, friendships and even marriages can be destroyed over money lost in the scam.

In Australia, it is against the law not only to promote a pyramid scheme, but even to participate in one.
Top
Warning signs

You are offered a chance to join a group, scheme, program or team where you need to recruit new members to make money.
The scheme involves offers of goods or services of little or doubtful value that serve only to promote the scheme (such as information sheets).
There is a big up-front cost to pay for large quantities of goods.
There are no goods or services being offered for sale by the scheme.
The promoter makes claims like ‘this is not a pyramid scheme’ or ‘this is totally legal’.
invest_wise
 
Oct 16, 2014

Ponzi Scheme vs Corporate Hierarchy

@gds_22

You seem to be confused with 2 completely different concepts. Would you work for an organization where you would only be paid a salary if you got 2 people to join and pay money to the organization? Unlikely!!!

So comparing a Pyramid SCHEME with a PYRAMID STRUCTURE does not make any sense. Anything that looks like a Pyramid is not illegal and what we're referring to is completely different. For example the Pyramids in Egypt are NOT illegal structures just because they're pyramids.

As for your question about how a "fraud" can continue for 16 years without getting caught - well it does happen!! Check online for "Bernie Madoff" and you'll know what I mean

Now the Question about the products. No these watches are not worth the money. Swatch watches are Swiss-made too. Doesn't mean it is worth $2,000. The hotel are not 4 star or 7 star (which no hotel in the world is by the way). They are 3 star hotels at most and can be booked for $75-90 a night with breakfast.
gds_22
 
Oct 16, 2014

Pyramis is not Ponzi

@jitumoni,

every ponzi scheme is pyramid that does not mean every pyramid scheme is ponzi..
and QNET is not at all pyramid based.

in every corporate there is Head, then sub heads, the seinor managers, managers, team leads and so on.. this is also pyramid.. is it illegal ?
jitumoni
 
Oct 15, 2014

Qnet

http://www.ftc.gov/public-statements/1998/05/pyramid-schemes

What is a Pyramid Scheme and What is Legitimate Marketing?

Pyramid schemes now come in so many forms that they may be difficult to recognize immediately. However, they all share one overriding characteristic. They promise consumers or investors large profits based primarily on recruiting others to join their program, not based on profits from any real investment or real sale of goods to the public. Some schemes may purport to sell a product, but they often simply use the product to hide their pyramid structure. There are two tell-tale signs that a product is simply being used to disguise a pyramid scheme: inventory loading and a lack of retail sales. Inventory loading occurs when a company's incentive program forces recruits to buy more products than they could ever sell, often at inflated prices. If this occurs throughout the company's distribution system, the people at the top of the pyramid reap substantial profits, even though little or no product moves to market. The people at the bottom make excessive payments for inventory that simply accumulates in their basements. A lack of retail sales is also a red flag that a pyramid exists. Many pyramid schemes will claim that their product is selling like hot cakes. However, on closer examination, the sales occur only between people inside the pyramid structure or to new recruits joining the structure, not to consumers out in the general public.

A Ponzi scheme is closely related to a pyramid because it revolves around continuous recruiting, but in a Ponzi scheme the promoter generally has no product to sell and pays no commission to investors who recruit new "members." Instead, the promoter collects payments from a stream of people, promising them all the same high rate of return on a short-term investment. In the typical Ponzi scheme, there is no real investment opportunity, and the promoter just uses the money from new recruits to pay obligations owed to longer-standing members of the program. In English, there is an expression that nicely summarizes this scheme: It's called "stealing from Peter to pay Paul." In fact some law enforcement officers call Ponzi schemes "Peter-Paul" scams. Many of you may be familiar with Ponzi schemes reported in the international financial news. For example, the MMM fund in Russia, which issued investors shares of stock and suddenly collapsed in 1994, was characterized as a Ponzi scheme.(2)

Both Ponzi schemes and pyramids are quite seductive because they may be able to deliver a high rate of return to a few early investors for a short period of time. Yet, both pyramid and Ponzi schemes are illegal because they inevitably must fall apart. No program can recruit new members forever. Every pyramid or Ponzi scheme collapses because it cannot expand beyond the size of the earth's population.(3) When the scheme collapses, most investors find themselves at the bottom, unable to recoup their losses.

Some people confuse pyramid and Ponzi schemes with legitimate multilevel marketing. Multilevel marketing programs are known as MLM's,(4) and unlike pyramid or Ponzi schemes, MLM's have a real product to sell. More importantly, MLM's actually sell their product to members of the general public, without requiring these consumers to pay anything extra or to join the MLM system. MLM's may pay commissions to a long string of distributors, but these commission are paid for real retail sales, not for new recruits.
How Pyramid Schemes Operate

Let's look at how a pyramid scheme operates from three points of view: the potential investor, the promoter or con artist, and the victim. Many pyramid schemes will present a payout formula or matrix much like this one:


# Payment of $500

Level 1 $150 x 3 = $450
# # #

Level 2 $30 x 9 = $270
# # # # # # # # #

Level 3 $30 x 27 = $810
# # # # # # # # # # # # # # # # # # # # # # # # # # #

Level 4 $30 x 81 = $2430
etc. # # # # # # # # # # # # # # # # # # # # # # # # # # #etc.

--------

$3960


This example illustrates what is known as a three by four matrix. Each investor pays $500 to the promoter and is told to build a "downline" by recruiting three new members, who then each should recruit three more members. The investor is told that he will be paid $150 for each of the three members whom he enlists at the first level. The investor is also promised a $30 commission for each recruit at the next three levels. Thus, the investor should receive commissions for four levels of recruits below him, each of whom must recruit three more members, hence the name -- a three by four matrix.

To the potential investor/recruit this may look like a very appealing opportunity. The pyramid promoter is likely to persuade the investor that he is "getting in early" and that he should consider himself at the top of the matrix. From this perspective, it appears that he can earn $3,960 on an investment of $500, a whopping 792 percent return. You can do the math easily: $150 from the first level of 3 recruits is $450; $30 from the next 3 levels of recruits is $270 ($30 x 9), plus $810 ($30 x 27), plus $2,430 ($30 x 81). Not a bad deal.

Yet, consider the matrix from the promoter/con artist's point of view. He is the person at the top of the pyramid but in fact looks at the scheme from the bottom. He views each new investor as a predicable set of revenues and expenses, with the revenues flowing down to him. The con artist receives $500 for each new member, and at most he will have to pay $240 in commissions to earlier investors in the new recruit's "upline," i.e. those people responsible for bringing him into the system. So when an investor joins the system in the last level, the promoter will receive $500, but he will pay only $150 to the person who recruited the new investor, and $30 each to three longer-standing members in the new investor's "upline," for a total of $240. Thus, the con artist will keep over half of every $500 membership fee paid.

Let's assume that this scheme collapses after the fourth level of recruits is filled. The con artist will have made $500 from the first investor in the pyramid ($500 with no commissions paid out), $350 from the 3 at the next level ($500 minus commission of $150), $320 from the 9 at the next level ($500 minus commissions of $150 + $30), $290 from the 27 at the next level ($500 minus $150 + $30 + $30), and $260 from the 81 newest investors ($500 minus commissions of $150 + $30 + $30 + $30). The simple math -- $33,320 flowed down to the con artist -- and all he did was attract one investor!

Now consider the pyramid from the investor/victim's perspective -- after the entire scheme has collapsed around him. The victim, like the first investor, thought of himself at the top of the pyramid but suddenly realizes that he is actually at the bottom, unable to find people interested in the program to build out his downline. He is not alone because mathematics shows that MOST investors will find themselves at the bottom of the pyramid when it collapses. The very structure of this matrix dictates that whenever the collapse occurs, at least 70 percent will be in the bottom level with no means to make a profit. They all will be out $500. In our example, even those people one level above the bottom will not have recouped their investment. They each will have paid a membership fee of $500 and collected commissions of $150 for each of three recruits, leaving each investor in the second-from-the-bottom tier at least $50 shy of his break-even point. In short, when the pyramid collapses all the investors in the bottom two levels will be losers. Adding together the number of victims from these bottom two levels shows that 89 percent of all the pyramid's participants (108 of 121 investors) are doomed to lose money.

A Ponzi scheme could yield even worse results for investors, because it does not pay out any commissions at all. This can have disastrous consequences, as exemplified by Charles Ponzi's infamous fraud in the 1920's. Charles Ponzi, an engaging ex-convict, promised the Italian-American community of South Boston that he would give them a 50 percent return on their money in just 45 to 90 days.(5) Mr. Ponzi claimed that he could pay such a high rate of return because he could earn 400 percent by trading and redeeming postal reply coupons. These coupons had been established under the Universal Postal Convention to enable a person in one country to pre-pay the return postage on a package or letter sent back from another country. For a short time after World War I, fluctuations in currency exchange rates did create a disparity between the cost and redemption value of postal reply coupons among various countries. However, Mr. Ponzi discovered that he could only make a few cents per coupon and that handling large volumes of coupons cost more than they were worth. He stopped redeeming any coupons but continued to collect investors' money. When he actually paid a 50 percent return to some early investors, his reputation soared and more money flowed in from around the country. Mr. Ponzi bought a stylish house in the best part of town and purchased a large minority interest in his local bank, the Hanover Trust Company.

Eventually his scheme began to unravel, bringing ruin to the bank and thousands of investors. When Mr. Ponzi began to overdraw his accounts at Hanover Trust, the Massachusetts Banking Commissioner ordered Hanover Trust to stop honoring Ponzi's checks. The bank refused and even issued back-dated certificates of deposit to cover Mr. Ponzi's overdrafts. A few days later, the Banking Commission took over Hanover Trust, and Mr. Ponzi was arrested for mail fraud. In the end, Charles Ponzi owed investors over $6 million, an enormous sum of money for that time. He was convicted of fraud in both state and federal court and served ten years in prison.(6)
gds_22
 
Oct 15, 2014

its not MLM

@Invest_wise,

there is direct comission involved which is paid for first time, first product purchase. that means, if u want to buy 5 products, then direct comission is paid for 1st product which is very less( its there, but we dont work for it, many people are still focused to one time comission and they have started all wrong doings ), rest 4 products can be purchased as an IR where no direct comission is paid.

if we leave everything aside.. just tel me how can company run for 16 years successfully with any "scheme" or "scam" or "fraud" where
many network marketing companies fail within one year from inception.

and how can swiss made watch be not worth of price. how can 4start or 7 star property where people have enjoyed be false ?

below are some parameters to evaluate genuity of any n/w marketing companies.

1. products.
2. Taxes and compensation plan.
3. Mentorship
4. learning plan
5. Credibility
6. tenure in business
7. size and growth.

very few people tell about above points hence this industry is notorious.
jitumoni
 
Oct 15, 2014

Qnet

http://www.fbi.gov/scams-safety/fraud

Pyramid Schemes

As in Ponzi schemes, the money collected from newer victims of the fraud is paid to earlier victims to provide a veneer of legitimacy. In pyramid schemes, however, the victims themselves are induced to recruit further victims through the payment of recruitment commissions.

More specifically, pyramid schemes—also referred to as franchise fraud or chain referral schemes—are marketing and investment frauds in which an individual is offered a distributorship or franchise to market a particular product. The real profit is earned, not by the sale of the product, but by the sale of new distributorships. Emphasis on selling franchises rather than the product eventually leads to a point where the supply of potential investors is exhausted and the pyramid collapses. At the heart of each pyramid scheme is typically a representation that new participants can recoup their original investments by inducing two or more prospects to make the same investment. Promoters fail to tell prospective participants that this is mathematically impossible for everyone to do, since some participants drop out, while others recoup their original investments and then drop out.
invest_wise
 
Oct 15, 2014

QNET is not a Multi-Level Marketing

@gds_22

It would not MLM if a member only earned commission. With QNet however a member earns more when the left & right are balanced. This is to get more people to join and buy a product which is not worth the price paid. The incentive to add people and have them buy is the potential earnings when both sides are balanced and not the value of the product or the commission.

A Ponzi scheme is not just when there is no product. There may be a "product" like in the case of SpeakAsia or Ram Survey but the actual payout and earning is focused on encouraging more people to join and pay.
gds_22
 
Oct 15, 2014

QNet is not pyramid scheme

@invest_wise,

this is not scheme where you have to bring in people. If A is on top of B and B is on top of C.. and if C does business.. only C gets paid...A and B do not get paid. this is network marketing.

MLM is kind of chain marketing which is again not wrong or illegal. its a another compensation model.

i will give you very practical example of Pyramid model which is absoulately legal.

Theres one manufacture , say water bottle. After manufacturer, there is zonal distributor, then super stockist then stockist then whole salor and then retailor. ultimately every one gets profit share when customer purchase water bottle. When product flows top to bottom and equivalent value flows bottoms up then its legal. Even tomorrow super stockist buys water bottle from retailor, everybody gets money. The same concept is applied in network marketing companies.

Ponzi scheme is when , there are no products involved and you get paid when positions are filled up irrespective of business happens.
invest_wise
 
Oct 15, 2014

QNET is Pyramid Scheme

OK, so a lot of you have made money and that's exactly how a pyramid scheme works. The ones who join the earliest, make money and so encourage others too join too. This way the whole thing grows to an unsustainable size. This is when it crashes and people joining last lose their money.

I know a lot of you believe that this is your key to riches and honestly it may be so for some of you. But if you are planning to join QNet, save your money. Invest in this is risking your life savings.

For those who still believe that this isn't a scam and it's a valid business model, let me do some quick number crunching you. Am going to use $ since that's what the company bills & remits in. So here goes....

Person A joins and get 2 more friends in (B1 & B2), who in turn get 2 of their friends (C1, C2, C3, C4) who again get 2 of their friends each (D1, D2, D3, D4, D5, D6, D7, D8). So we end up with 15 people registered (1+2+4+8). Now to activate your store you have make a purchase and since you have to balance both sides the minimum purchase you need to make is for $2,000. So that work's out to $30,000 of products bought from QNet.

Now let's calculate the actual expense for QNet-
Person A is paid $450 +$ 900 + $ 1,800 = $3,150
Persons B1 & B2 are paid $450 + $900 each = $2,700
Persons C1, C2, C3 & C4 are paid $450 each = $1,800
D does not earn anything.

So that's a total of $7,650 in payouts. Now let's assume that the products purchased have a manufacturing + research etc cost of $ 750 each (which is high in my opinion) so that works to a total of $11,250. Effectively the total expense to QNet is $ 18,900 giving a profit of $ 11,100 (that's a profit margin % of 37%)

I haven't considered commission expenses etc since I haven't included the annual membership fee, the transfer fee etc. For those of you that still believe me this to be a viable business model and will say that these scams would only work with the uneducated, please search online for these.

Pyramid SchemePonzi Scheme
Bernie Madoff
Ram Survey
Speak Asia
City Limo

At the end of the day, it's your money and you obviously free to invest and use it in any way you wish. These are just my thoughts about this.

"If Its Too Good To Be True, Its Not True"
gds_22
 
Oct 15, 2014

Credibility

Guys,

one question!!!!

how many companies you know that can sponsor F1 team...or most expensive club in EPL ?

Qnet is offical direct selling partner of Manchester City Football Club and on the cars of Team Marrusia which is in collaboration with Virgin Racing.

do you think these clubs or team will take sponsorship from scamster or fraudster companies?
gds_22
 
Oct 15, 2014

network marketing rocks

@Raj_rules,

why are you now quite buddy? now at least you came to know, company is not bad..its people..and accept the fact.
vyakya
 
Oct 14, 2014

its awesome

qnet is very awesome im very much happy,im so exciting.................thank u sooooooooooooooooooooo muchhhhhhhhhhhhhhhhhhhhhhhhhhhhhh qnet.:)
vinuth
 
Oct 14, 2014

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http://qnetrecentscams.blogspot.in/

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