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Consumer complaints and reviews about QNET

Oct 16, 2014



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.


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.
Oct 16, 2014


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.
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’.
Oct 16, 2014

Ponzi Scheme vs Corporate Hierarchy


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.
Oct 16, 2014

Pyramis is not Ponzi


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 ?
Oct 15, 2014



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.



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)
Oct 15, 2014

its not MLM


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.
Oct 15, 2014



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.
Oct 15, 2014

QNET is not a Multi-Level Marketing


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.
Oct 15, 2014

QNet is not pyramid scheme


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.
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"
Oct 15, 2014



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?
Oct 15, 2014

network marketing rocks


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

its awesome

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

B4 Joining Qnet read this.

Oct 13, 2014

QNET Ending days,...!!

Oct 13, 2014

Its a scam.

I am also a victim of QNET and invested money on believe but later got to know that its a scam.
i want my money back and don't want to spend money on a holiday package..
Please provide me information that how can i get my refund???
You Loosers
Oct 13, 2014

I call it as Half Knowledge becomes a Moron and Dream stealers

Hi folks,
I feel poty on you people that you are acting as a dream stealer here. Please get the full knowledge about the compensation plan and then give your super valuable opinions.
Oct 12, 2014

its people not COMAPNY.


Let me tell you short story.

in 1940s, there was a film where villain is really dangerous and people hated him like anything. Once movie was playing and villain appeared. One man really pissed off and shoot the villain with all rounds of bullet. there were 6 holes on the screen. but you what happened, MOVIE STILL KEPT PLAYING.

Due, Its always people , never company. if you some one misuse your visa credit card then whats mistake of Visa. Its same AK47 gun , that differentiates patriotic army man from brutal terrorist. Its always a person.

and please read the below news.






Oct 11, 2014

Qnet Loafers


it's difficult to get money back from these guys..until u become very bold, and do things mentioned by Jitumoni. these people will never accept it is fraud business till it gets closed... Even if it gets closed, very few people who had made money and doesn't have any other option or mindset to work will again start from scratch to cheat people with different name of company... as it is happening from past 16 years.. just by changing names from Gold quest to qnet,,etc... They do this as underworld business. don't have guts to tell in public what they are doing, they target individually and brain wash them to join.
Oct 9, 2014

Can I get refund of money after 1 month from QNet???

I had to joined in QNet forcibly by one of my relatives. They did not reveal a single word about the business and the company until I paid Rs. 1.5 lakh. Now I realised that I am not suitable to this cheating job so I want to get my hard earned money back.
I paid the money in August through IR who is not responding any more now. Can I get my money back now...?
Please let me know the procedure for refund and also the required things to provide.

I will be grateful to you for your kind suggestions and solution.

Thanks in advance.
Oct 9, 2014


If you are being asked money for signing up with the company or you have not got your refund from the company, please lodge your complaint in the manner explained here below.

1.Email your detailed complaint to cp.mum.addcp.eow@gmail.com with attachments of product purchase,IR registration, company emails etc.

2.Also send a formal written complaint letter (hard copy) along with product purchase receipt, name, address details of the person who referred you, etc as evidence through registered post to the address below:
Mr. Rajvardhan Sinha or Mr Kapase
Address: Additional Commissioner of Police or Mr. Kapase Investigating Officer Qnet Economic Offenses Wing-3 Crime Branch Mumbai Police, Police Commissioner's Office,Opposite Crawford Market, D N Road, Fort Mumbai 400001.

3.Keep proof of letter of posting safely with you and a xerox copy of complaint for future verification.

4.Email eva.sin@qnet.net and global.support@qnet.net,support.centre@qnetindia.in demanding refund.Save your emails.

5.Call/sms FIR complainant Gurupreet Singh Anand on 07498063701 for any query regarding all India FIRs, police complaints, ongoing court cases etc.

6.Follow latest developments of the scam on Moneylife Qnet (comments section) and join Facebook group 'Anti Qnet India',

7.You can also file an FIR in the nearest police station or a civil/criminal/consumer case against your referrer and uplines.

Spread this message among all friends and family members through FB,Twitter,Whatsapp, SMS,
Oct 9, 2014

Equal profit sharing

@Raj_Rules ,

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.
everyones income has ceiling. more than than you can not earn. so whatever business is done in your organisation beyond ceiling, goes back to company. this is how company maintains liquidity. so inflow in always greate than outflow. N/w marketing company is mainly focus to reduce adv and marketing cost. so company doesnt mind sharing profit with IRs. sales can happend three ways. 1) first time purchase( this is where people start all wrong doing , cheating , fooling, looting etc. but this is not where we are focused) 2) penetration 3) cross selling ( 2 and 3 are the ones we are working). Now i cant explain all these in detail.

other companies like A gets 10%, B get 5 %, C gets 2.5 %, D gets 1.25% and so on.. this is diminishing profit sharing model. hence early birds het major share. but in here, profit is shared based on business happens in A's organisation or D's organisation. no matter A is on Top of D.

you can abuse IR's , but without knowing anything you can not just abuse Company.
Oct 9, 2014

Complaint Procedure

Special Investigation team to investigate Qnet scam.

QNet case: Bombay High Court pulls up EOW for delay in filing chargesheet





Lookout notices issued against Eswaran, three business associates, including Dev Wadhwani and Sachin Gupta.
Oct 9, 2014

signing off

@gds_22- "No Food To eat but you need perfumed oil to mustache" this is my position now.How can I go holiday trip worth of 2 lac.It is foolishness.My parents surviving based on me.Now I need to pay EMI 8k to bank every month.I dont know how can i send money to my parents. I am not in a position to enjoy vacations,holiday trips...etc .what happened till now let it be.I have only hope i.e God....Anyway thanks for spending your valuable time to explain everything about Qnet.


Thank you very much brother for your support and suggestions.But the person who joined me in this so called e-commerce business is my colleague in the past.He helped a lot in my starting days at work.So that's why i believed him.Even I dont know his address.I am feeling pity about myself.I am unable to tell this to my parents,friends,relatives. I dont want to trouble them by telling this.I m only responsible person to bear this pain.This is a bad lesson for me worth of 2 lacs.Of cousrce , I know I am not only person cheated by them.Anyway I will pray for the people who lost the money in this cheating process like me.

I think i have told too much , because i dont know , to whom i need to share my pain.


Hi All,

Please Please Please dont believe any person in your life except your parents.Dont do anything without telling to your parents.They were only people who take care of you.

Never never trust people who usually telling words like "Trust me ",Believe me","Dreams",for all your questions i m your answer"....etc...Especially in money matters.

@Qnet IR's

You F***kers ..dont tell to people like it is e-commerce...bla bla bla..and There is a day in future for you guys.,Jail doors will open...Dont cheat people based on trust factor..If you want to do business, Tell the process before asking for money.Explain evryting,clarify every doubt they raised.

I m really sorrry , If I hurted anyone with my words......................

Have a great future and happy life guys..,... Happy Diwali in advance. :)

Signing off.
Oct 9, 2014

QNET is network marketingq

@ gds_22

U din't answer my question.. again started lying that Qnet is not network marketing, pyramid scheme, ponzy scheme, chain system etc,.... it is same with as u said more componsation as victims as to pay more money, obviously return will be more. Profit sharing is same in most of network marketing.. equal profit sharing..
like if you get 10000. all above will get the same...
Just the question dude..

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