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In 2003, Indian law enforcement arrested two of QI team senior supervisors in Chennai and froze the checking account just after obtaining complaints from much more than 50 of its members. In Philippines, the Section of Trade and Field issued a stop and desist order for partaking in retailing Regardless of becoming a wholly overseas owned firm. In addition they been given a complaint from a member. In Cambodia Goldquest structured the launch of Ankor Wat commemorative coins among 500 young Khmers who experienced compensated $five to show up at and pick up a starter kit to aid them promote the pricey collectibles. The Running Director of Questnet, Richard Zinkiewicz, insisted that Questnet was not a pyramid plan, for the reason that shoppers were hardly ever obligated to sell merchandise as well as item experienced serious benefit.
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It more claimed that the business income percentage of ID activation product sales and retailing revenue, Evidently signifies that new recruitments is the sole business in focus, not retailing. The rejection letter also stated the tactics of IRs as disguised money circulation.[174]
The corporate marketplaces a big selection of unbranded solutions which includes air purifiers, cosmetics, soaps and detergents and commemorative cash. To achieve this, and to address prices from it, the company has generally improved its title and sprouted a myriad of organizations which include "Vihaan" under its umbrella. At first the corporate marketed gold commemorative cash beneath the names GoldQuest and QuestNet.[sixty] Qnet expanded its solutions to include journey and leisure vacations in 2002.
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In Moldova, the wife of a law enforcement officer was discovered for being the organiser of the biggest frauds with the nation. Case of QNet which was shut by prosecution for deficiency of proof was again began with fresh new investigations soon after acquiring quite a few problems from defrauded people.[179] Numerous Moldovans, eager to get prosperous right away, grew to become bankrupt just after remaining captivated by close friends and family in to the financial pyramid Qnet, professing to be a immediate profits company.
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