Hyderabad city police busted a multilevel marketing racket run by Surat-based Pro Online Marketing Private Limited in Hyderabad on Thursday arresting three persons and seizing Rs. 1.5 lakh in cash and freezing Rs. 2.25 crore in bank accounts.
The police seized three laptops, three computers, 10 hard disks, three cellphones, one card swiping machine from the premises of two franchises of the fraudulent company. The accused persons are Akula Chandramohan, of Tarnaka, Nutanganti Rajender of Hayatnagar, and Puvvada Venkata Lakshmi of Habsiguda.
The modus operandi of the fraudulent company is the same old story. Every member has to pay Rs. 3,000 to become a member who would be given a kit comprising two pairs of trousers and two shirts. The member would be paid Rs. 100 for each enrollment.
The business is purely enrolling members and a money circulation scheme in the guise of selling products. Police found out 69 franchisees working across the country which had already collected crores of rupees. The company offered 'sponsored team commission' based on the number of levels and offered incentives like digital cameras, bikes, foreign trips apart from cash.
11 comments:
pro on line marketing pvt ltd done fraud more than of rs. 500 crores.
company foooling people by changing plan after 5 months, company gives 750 rs, every week on 5500rs. one id and enrolled 5 lac people and looting them by changing plan and force them to purachase product of 2500 rs. on investing 5500rs. and not pay refund.why police not arrest company director sudarshan sharma . and company also use name of pratibha group,surat textile business group eithout permission.and pratibha group not take any action against its name using by pro on line so,people easily fall in to it. i think pro on line marketing working as agent of pratibha group. old site www.marketviewonline.com chane to www.myprogress.in and plan aso change.
vaah india ke logo.....aisi company ke khilaf koi kuch nahi bol raha......JALDI FIR KARO varna ye lootere bhag jayege
Manan, if it is your real name, why don't you lodge a complaint with police. I can't be everywhere. We need socially-conscious people like you to bring the crimes to the notice of police. If you have any address of these fraudsters kidnly send it to me. I shall forward to the police authorities. Where do you think this fraudulent company headquartered. Is it Andhra Pradesh or elsewhere. Anyway. it is people who support such crooks.
i am also cheated by PRO ON LINE MARKETING PVT LTD.,surat,gujarat. director of company is sudarshan sharma who cheated 5 lacs people. i also lost 1 lacs of rupees.this company PRO ON LINE MARKETING PVT LTD.,SURAT is supported by pramod chaudhari and mahendra chaudhari,founder of pratibha group,surat.pro on line fooling people by using name of pratibha group,surat.main scammer is sudarshan sharma and pramod chaudhari and mahendra chaudhari are scammers behind this multicrore scam of more than 600 crore rupees.
see this link:
http://www.crimenews.co.in/money-circulation-scheme-racket-busted/
see this link:
http://wwv.deccanchronicle.com/tabloid/hyderabad/shackled-money-chains-548
There are many people who joined MyProgress believe that the survey & ads sent by MyProgress.in are real one and these ads are sent by promoting the products of the company pro online marketing pvt ltd from Pratibha Group. But these survey are nothing but a way for running this money rotation business and there is nothing like if they are interested in promoting their business as they know very well these products does not have much acceptance. Although they have introduced the products in the plan but still many of the people are receiving their ads and survey which are completely useless.
see this link: scam alert
http://ramsurvey.net/unsatisfactory-surveys-from-marketviewonline-of-pratibha-group/
times of india article see this link:
http://articles.timesofindia.indiatimes.com/2011-05-28/lucknow/29594400_1_ponzi-scheme-subsequent-investors-laundering
http://www.deccanchronicle.com/channels/cities/hyderabad/online-marketing-shops-raided-rs-225cr-frozen-612
dear sir
please consentrate on this fraud and take action possible by you against this fraud
PRO ON LINE MARKETING PVT LTD.,SURAT
address of company is
Pro Online Marketing Pvt. Ltd.
109, 1st FLOOR, ASHOKA SHOPPING CENTER
NEAR STATE BANK OF INDIA
PANDESARA, Surat - 394 221 ( Gujarat )
Tel. No.: +91-261-2895418
old address:121,gidc pandesara,surat,gujarat
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