A reader from Lahore, Pakistan, Mr Hassan Makhdoom wants to know the citation of Madras High Court judgement against M/s Apple FMCG, a multilevel marketing company which cheated several thousands of people and finally was shut down.
Our friend Mr Shaik Mastan Vali, advocate in the Andhra Pradesh High Court, who is also an MCA graduate created a wonderful website www.skmastanvali.com in which the judgements of various courts against multilevel marketing companies. Just with a click on MLM judgements, one could read various judgements in full.
The website also presents various aspects of legal issues.
The Pakistan Advocate's query makes it amply clear that several countries in Asia are affected adversely by these multilevel marketing companies.
It is high time, Pakistan government also enacted a legislation on the lines of Prize Chits & Money Circulation Schemes (Banning) Act, 1978 to punish the culprits who have been cheating the gullible in the name of selling products and services.
My dear fellow humans of Pakistan, beware of crooks! Do not fall prey to the machinations of these fraudsters and lose your hard-earned money.