The CID police of the State of Andhra Pradesh filed a criminal case No. 5 of 2011 against KMJ Land Developers India Ltd for indulging in money circulation scheme in the name of real estate.
One look at the company's website reveals that it has no registered office address but has offices in many States across India. The web site offers EXTRA INCOME, ECONOMIC FREEDOM, and SECURE FUTURE and induces people to become a member of KMJ family to fulfill your DREAMS. Rings any bell! Yeah! IT is same like Amway India.
They opened a business centre at Door.No.40-1-82, First Floor, M.G. Road NTR Circle , Vijayawada
The scheme of the KMJ Land Developers India Limited, (Business Centre) is 1:2 sponsoring scheme. The first person has to sponsor 2 persons and again these 2 persons have to sponsor 2 persons each and this 1:2 enrollment keep on goes infinite. The person should be enrolled only by an already enrolled member. The entrance fee of the KMJ Land Developers India Limited, (Business Centre) is Rs.5,000/- in the name of deposit. Out of this entrance fee, commissions will be given to all the upline members. Half of the entrance fee is directly credited to company account and out of remaining share, half is distributed among the network/chain members and the remaining is said to be for issuance of an identity card and some products by the company. Joining a member into the scheme is treated as sale of products. The person is called Advisor. The commission on the enrollment of a member will be distributed from bottom to top of the company.
There are 12 levels in the scheme of KMJ Marketing. Depending on the enrollment of every new member not only on his personal efforts but also on the efforts of his downline members, different titles will be given. The following table demonstrates the promise of quick or easy money on the event or contingency applicable or related to enrolment of new members into the scheme. One left and one right is treated as an Agency.
Sl.No. | Name of the Title | No. of Persons to be sponsored | Promise of easy or quick money in the name of commissions |
1. | Advisor | - | Kit worth Rs.200/- |
2. | Sales Executive | 2 | 600/- |
3. | Field Executive | 4 | 800/- |
4. | Organiser Executive | 8 | 1000/- |
5. | Marketing Executive | 16 | 1200/- |
6. | Marketing Officer | 32 | 1400/- |
7. | Development Officer | 64 | 1800/- |
8. | Regional officer | 128 | 2200/- |
9. | Zonal Officer | 256 | 2600/- |
10. | Zonal Manager | 512 | 3000/- |
11. | Sr. Zonal Manager | 1024 | 5000/- |
12. | Executive Manager | 2048 | 8000/- |
13. | Sr. Executive manager | 4096 | 10000/- |
14. | Executive Director | 8192 | 12000/- |
From 2nd level onwards, the title holders will get easy money consisting of benefits of Supervisor and group income which purely depend on the enrollment of new members into the scheme and not depend on the sale of products. The promoters pretty well know that if one person enrolls ten persons, at one point world population will be over and due to mathematical impossibility crores of peoples will be cheated.
This promise of income is directly related or applicable to the event or contingency relative to enrollment of new members into the scheme.Already there are several millions all over the country who became victims of this easy/quick money racket and lost their hard-earned money. Let us hope more and more such crooks are brought to book by the CID police of Andhra Pradesh.
4 comments:
police of the State of Madhya pradesh has recently filed a criminal case against Saiprasad foods
Dear Anurag, is Saiprasad Food also collecting deposits or what is the modus operandi of that company.
You fools i have been part of companies like this Pacl india ltd it is the same company running for last 26 year returning good public money with very good intrest. this company is giving good salaries to their employees apart from that they are developing very good infrasructure around all over the country.Same sai prasad doing the things in same style for last 10 years they have given 5 maturies arount 150 crores you cant say a company is fraud you fools lethargic people, you dont have courage and enough confidence to do new things. shit man
Friends,
This type of crooks we find everywhere in the country. Such crooks only help the owners of these fraudulent companies to flourish. No wonder if this fellow is one of those crooks who have been cheating the gullible for years. A glance at the business model of this company reveals the real face of these crooks. Pay Rs. 6000 and become a member and enroll more members to earn commission all in the name of land. The land all over India is not enough if they really intend to allot to the deposit holders.
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