Guntur district police headed by Superintendent of Police, Mr Shyam Sundar, busted the racket of RMP Infotech, a money circulation scheme promoter and arrested some of its organisers. The RMP Infotech has been promoting the money circulation scheme in the guise of sale of products.
The name of RMP Infotech is a misnomer. It is not an information technology company. Under the guise of that name, the company is actually selling suit length material along with some other products and offering attractive commissions on enrollment of new members.
There is entry fee and commission on enrollment where both ingredients are present in the scheme which makes it a money circulation scheme promoter.
A close look at the products offered by RMP Infotech reveals the true colours of this fraudulent company.
The company openly claims that its business model is binary i.e. every member has to enroll two persons each. This is nothing but mathematical impossibility.
Corporate Frauds Watch congratulates Mr Shyam Sundar and his team of police officers for bringing a culprit to book.
49 comments:
nice of you sir.....great work......
"One who can't even mention correct spelling of the company name, does preach like the biggest marketing guru or the global strategist of this country or continent. Correct Name of the company is RMP Infotec Private Limited". I don't know who told you that it is an IT company that you mentioned. It is India’s leading Direct Selling Marketing Company.
I don't know what made you write these golden words in your blog. For your kind information: if RMP Infotec is really a fraudulent company or money chain:
1) Then why it has been running for more than last 10 yrs?
2) Why does it have certifications or approvals from
a) FICCI
b) World Trade Centers Association
c) ISO-9001:2008
d) DSEI-Dubai
e) Guiness Book of World-Records
f) Ministry of Corporate Affairs
g) Hon'ble Court of Chennai
h) Government of Tamilnadu
i) Tie-up with MSIL(Govt of Karnataka)
j) Certificate of Incoroporation
k) Remarkable Presence in Malasiya & Dubai
l) Honoured by India's President Smt. Pratibha Patil & CM-Gujrat Narendra Modi.
m) Asia's No.1 Binary company i.e. almost 1.3 Crore people. You can make fool of hundreds of thousands of people,, not crores of people.
n) Authoritative body ICDSI too declared RMP as the No.1 Direct Selling brand of Asia.
I don't think your individual thinking can impact the vision & mission of RMP anyways. Though I would instead suggest you to be a student of Direct Selling Industry that teaches Network Marketing & also how it is different from Traditional Marketing(Conventional Distribution). You will get all your answers & you'll stop your misleading blogging & would begin motivating/helpful blogging.
See, to some extent I understand your thinking too. If any xyz from the indian-population-mass does RMP business however it is not written on his face that he has some wrong intentions & he apparently violates terms & conditions of RMP-Distributorship, by cheating somone directly, RMP does not hold responsibility in such a case, in fact the company ceases his/her Distributorship because of its ethics. RMP receives payments by DD(i.e. a legitimate written transaction). Even I congratulate Superintendent of Police (Rural), Mr Shyam Sundar for his deed of arresting the criminals who did wrong activity. In fact RMP is also a victim of such incident, not a criminal according to you.
Almost everyone of us buy a pepsi/coke pet-bottle for Rs. 20 or 25 oftenly that actually worths less than Rs.2, then why don't you open a revolution against them. Can you prove them fraud???
You may write me down at if have anyfeed back:
virendra.rmp@gmail.com
(Tamaam umr hum ek hi kaam karte rahey,
Gard chechre pe thee,
Hum aainaa saaf karte rahe)
One could understand the anguish of this apologist fellow. He did not elaborate why did this fraudulent named itself Infotec if it is not an information technology while it is only selling suit lengths along with some other things. Earlier, Gemini Techno also did the same thing and the Andhra Pradesh High Court threw it out.
The first point why it is running for the last ten years? There are several companies which have been cheating the gullible through out the world for the last fifty years.
He claims that he has certifications and approvals from various organisations. To become a member of FICCI, do you need to tell them your business model?
ISO certificate could be obtained by anybody by paying some fees and stating that it has met the standards set by itself.
Likewise, a certification of incorporation from Ministry of Corporate Affairs is easy to get. It also never asks you what your business model is.
And this fellow did not say which court in Chennai approved the company as if Judicial courts approves the companies.
Since a criminal case is filed against the business model of the company in Guntur, now RMP Infotec should approach the Andhra Pradesh High Court with its credentials and get its 'approval' also.
Also, RMP could file a defamation case against Corporate Frauds Watch.
Recently, Nano Excel Corporation also produced the photographs of its head Maddineni Harish with the former President APJ Abdul Kalam.
That won't saved him from his arrest.
Dear Mr.Shyam Sundar,
First of all learn to give respect while posting... instead of quiting as "fellow" and all. Pity on you that even this small thing should be taught to you.
Ok anywayz, we are continuously following your posts and the activities after and before you making the posts. Hats-off for your intelligent entreprenuership for selecting this type of business... being in the work of identifying and targeting some companies on some loopholes and an attempt to drag them on to the road and.....
what you know..... i think no need to tell further how you earn from this... and in addition to this bagging a good name through this blog.... as the people look only the posts you make and dont think beyond the line... anywayz.... good luck for some more time.... mr.Shyam
Criminals earn no respect. These crooks are outright bleeding our economy by inducing people to become members of money circulation schemes and lining their pockets with the hard-earned money of the gullible.
What all these companies are doing is illegal and anti-social.
A thief always thinks that everyone is a thief. These thieves never imagine that there righteous and honest people.
Anyway, my dear young fellow, it is not anyways. There is no word like anyways. Learn some English.
Dear Sir,
You are doing a great job! Hats off to you!!
Despite remarks from Ho'ble Supreme Court, High Courts, RBI etc. still many new MLM companies like shikshakashagun.com, steadfaast.com, globalfoodbazaar.net, ezyfil.com, nmart.biz etc. are continually cropping up in new Avatars.
Dear Mr.Shyam Sundar,
I have a query...
Similar to MLM concept, even the life insurance companies are appointing agents in lakhs of numbers for business accumulation. They are paying upto 40% commissions based on the business or product whatever. And similar to franchisee concept, they are also appointing franchisees with the name of corporate agencies.
But when we analyze, it is similar to the concept of Money circulation, because here also the money is being circulated to the agents and moreover that money is of general public (policy holders) and not of the company's.
Then how far can it be considered legal with approval and authorization from IRDA or Central government, where as the activity of MLM is banned.
Insurance business falls under Insurance Act and it is governed by Insurance Development and Regulatory Authority (IRDA).
RMP Infotec or PACL, Agrigold are covered by no enactment. Just they are fraudulent companies out to cheat the gullible running money circulation schemes under the guise of sale of products and/or services.
శ్యాం సుందర్ గారికి నమస్కారం !
మీకు ఖచ్చితంగా తెలుగు మాట్లాడటం వచ్చని అనుకుంటున్నాను, నాదొక చిన్న ప్రశ్న అసలు "మల్టీ లెవెల్ మార్కెటింగ్" అనే ప్రక్రియంతా మొసం అని మీ అభిప్రాయమా మరి ప్రపంచంలో ఎన్నొ దేశాలు ఎందుకని ఈ వ్యాపార విధానాన్ని అనుమతించిందో తెలియజేయగలరు . ఒక పటిష్టమైన రెగులేటరీ యాక్టు లేదు కాబట్టి ఈ వ్యాపారము చట్ట విరుధ్ధమని మీరు ఆరొపిస్తున్నారా లేక మరేదయినా తర్క పరమైన నిజం దాగున్నదా దయ చేసి తెలియ్తజేయగలరు, అదేవిధంగా ఈ " డైరెక్ట్ సేల్స్ " ని కేరళా గవర్నమెంటు ఎందుకు ఆమోదించిన్నట్టు , వివరాలకు ఇక్కడ లింకు ఇస్తున్నాను http://www.thehindu.com/news/states/kerala/article2432798.ece , ఒక వేళ ఇప్పుడు ఈ వ్యాపార విధానానికి చట్ట బధ్ధత కల్పిస్తే అప్పుడు కూడా మీరు ఈ విధానం తప్పనే అంటారా
Abhiram, go the latest post to get clarification on ;your doubt.
Or give me your email id for a booklet on the multilevel marketing written by me in Telugu.
Thanks 4 ur reply...
007abhiram@gmail.com send me the booklet.
hallo shyam sir,
what is the actual complaint against SAOL? is they paid payments correctly or what basis you and other medias going against speak asia? can u disclose any proof against speakasia from EOW, ROC.SFIO ETC.
On the face of it, speakasiaonline is a fraudulent company. It offers to pay money if we answer to some queries in a survey. Well and good. But why should we pay for answering questions.
Secondly, if we pay Rs. 11,000 the company is offering Rs. 52,000 at the rate of Rs. 1000 per week. Where do the money come from?
The answer is the speakasia is paying to the members from the money collected from the new entrants. This is what is called money circulation scheme and the sizeable of it goes into the coffers of the company.
శ్యాం సుందర్ గారికి నమస్కారం!
మీరు పంపిన బుక్లెట్ చదివిన తరువాత నేనొకటి అనుకున్నాను , మీరేమీ తప్పుగా భావించకండి ఎన్నో కంపెనీలు ఈ నెట్ వర్క్ మార్కెటింగ్ విధానం ద్వారా ప్రజలను మోసగించడం వలన ఈ విధానంలో వ్యాపారం నిర్వహించే ప్రతి కంపనీ కూడా అలాంటిదే అని చాలా మంది పోరాబడుతున్నారని అనుకుంటుంన్నాను. నేను ఎవరిపక్కన పక్షపాతంతో మాట్లాడటం లేదు కేవలం నిజం తెలుసుకోవాలని అనుకుంటున్నాను. మీరు " HERBALIFE " ఉత్పత్తుల వలన బరువు తగ్గటం జరగదని అన్నారు కాని అది తేల్చవలసింది ఒక డాక్టర్ అని నా అభిప్రాయం. చెన్నై అపోలో హాస్పిటల్ వాళ్ళు ఈ ఉత్పాదనని కొంత మంది ఊబకాయులకి ఇచ్చి పరిశోధించి చాలా చక్కగా పనిచేస్తోందని మెడికల్ రిపోర్టులు కూడా ఇవ్వడం జరిగింది, నాకు తెలుసు "మితాహారం తీసుకుంటూ వ్యాయామం చేయటం వలన మాత్రమే బరువు తగ్గడం వీలవుతుందని" మీరంటారని కాని అలా తీసుకోవడం వలన మీ శరీరంలో కండ బరువు తగ్గుతుంది కాని కొవ్వు బరువు తగ్గదు. అయితే ప్రతి నేలా కొంత ఉత్పత్తులనైనా కొని అమ్మాలనే నిభందన ఉంది అది అందరికి సులభమైన విషయం కాదు, ఈ విషయంలో నేను మీతో ఏకీభవిస్తున్నాను. అదే విదంగా R.M.P INFOTEC అనే కంపెనీ లోని సభ్యులు ప్రతినెలా వస్తువులు కొనాల్సిన పని లేదు , జీవితంలో కేవలం ఒక్క సారి మాత్రమే మీకు నచ్చిన మరియు మీకు ఉపయోగపడే వస్తును కొనుగోలు చేస్తే సరిపోతుంది, అంతే కాకుండా ఈ వ్యాపారంలో సభ్యులవడానికి ఎటువంటి రుసుము చెల్లించనవసరం లేదు కదా? మరి ఇవి ఎ విధంగా చట్ట విరుద్ధం అని అనుమానం?
అలాగే "మల్టీ లెవెల్ మార్కెటింగ్ " అనబడే వ్యాపార విదానంకి త్వరలోనే ఒక యాక్టు వస్తే మీరు ఎలా రియాక్టు అవుతారు? R.M.P INFOTEC కంపెనీ మద్రాసు హై కోర్టు ఆమోదించిన లీగల్ డాక్యుమెంట్లు ఇవి వీటికి మీ సమాధానం ఏమిటి ? http://rmpislegal.blogspot.com/
మీరు న్యాయ వృత్తి చేపట్టిన వారు గనుక నా అనుమానం తీర్చగలరని ఆశించి మాత్రమే ఈ ప్రశ్నలు అడగబడినవి, దయచేసి అర్థం చేసుకుంటారని ఆశిస్తున్నాను, నేను తటస్థంగా మాత్రమే ఈ ప్రశ్నలు అడగటం జరిగింది. ఏది నిజం ఆన్నది మాత్రమే నాకు ముఖ్యం ఎవరు నిజం అన్నది కాదు.
మీ మిత్రుడు
అభిరాం
shyam sir,
iam asked you to provide the documents which proves speakasia as fraud company .but you didnt shown any proof.thats the problem to all investigating agency not getting paper proof agaist them. speakasia paid to eveyone till the allegation raised agaisit them duo to this only they faced payment problem to panalist.if saol dont collect any amount from panalist what you people will how can they pay this huge amount ? from where they getting money or its money from underworld etc........
The question shows how small your brain is. The counsel for speakasia raised the same question in the High Court during his argument.
I have posted the judgement of the High Court in this blog. Just read it to find out the answer to your question.
It is a money circulation scheme and joining and making others join in such scheme is illegal.
Running a money circulation scheme is illegal and the court is convinced that speakasiaonline is running a money circulation scheme.
from all conversation , i came to know that Mr. Sham sir don't understand business , don't know anything about RMP INFOTEC PVT LTD.he is fully blank about NETWORK SYSTEMS he should join RMP and first start studying about NETWORK systems through RMP education system. should read Books 1)Rich Dad Poor Dad at list 10 times in 60 days 2)Business school 10 times 3)meet every Achievers in RMP once within 90 days.4) take plan Chart of RMP and study it deeply 5)Should read business reference books and should start belive in organization and also work with RMP atlist 3 years
The person with pseudonym umg says that I do not know network marketing. Probably he is not aware of the law regarding the network marketing. An enactment called Prize Chits & Money Circulation Schemes (Banning) Act, 1978 prohibits money circulation schemes practised by companies like RMP, Amway, Herbalife, Forever Living Products and others.
Just go to older posts and read the full text of PCMCS Act.
Dear Mr. Shyam Sundar,
RMP is into nation building mission which makes it one of the top 3 companies in binary in the world as per IDSEI and like any other new concept....this concept in India will also be repelled by people who are having less knowledge about the concept......
Needles to say ...RMP will prove its authenticity soon in Andhra also as proved in other state....
Rather than posting misleading blogs...do some thorough analysis of the company which runs on concept and its trends in abroad which created a revolution as well as what big economist like Warren buffet, Robert t Kiosaki, Donald trump, Bill gates talk about this concept. Also as per Money circulation act 1977 , if money circulated without valuable product/service is illegal which is not in case of RMP. RMP follows all the guidelines of it under the law.
RMP has revolutionize MLM in India and will take it to the world..and people like you will be witnesses!!
Jai RMP!!!
Rgds
Rupam Medhi, Hyderabad
All crooks say the same thing. I have heard before the same talk from 'Proud' speakasians. Now RMP apologists recite the same. The judiciary would decide the legality.
The Andhra Pradesh High Court would raise the question of the business model. It might ask, "If the RMP is selling suit lengths and other things, what is infotech in it." Then the whole argument would collapse and it may be forced to shut down.
Dear my query..
Is RMP Company running in Andhra state or has shut down. I am from Punjab and one of my relative asking to join RMP business. Please tell me it is banned or still rmp is running. please help me...
So far police filed criminal cases against RMP in five districts in Andhra Pradesh. It is illegal to join and making others join in such schemes. It is up to you to decide to do an illegal act or not.
thanks a lot sir...
Dear sir, please help me I came to know that the bank account of rmp infotec has freeze by high court of Andhra state and website also hacked by Police department of Andhra state.Is it true?
and please help me RMP will safe or will washed out from India.
I have just join RMP before last one month and I was planning RMP as a full timer..
please help me...
It is illegal to join such money circulation schemes. You are worrying for your money. How about the hundreds of crores of rupees swindled by the crooks like RMP.
Respected shyam guruji,
I simply wants to know about you,what is your profession,why are tou against MLM or direct selling?Is that you could not earn any thing from such MLM thats why you are against them. Amway has brought the concept of direct selling and it is proven and accepted by almost all contries.High court of Andhra has made clean chit for Amway India.your knowledge of network marketing and money cerculation is not up to the mark,so don't mislead to others.First prove it illigal then talk.
Sishya Ram,
Just read my profile to know who I am and what I am.
I could not make whether you are innocent or ignorant. Andhra Pradesh High Court held that the business model of Amway is illegal and the Supreme Court of India confirmed it.
Just tell me how much money you are making by selling products of Amway if it is proven. If you do not make money how do you say it is proven. Are you aware of the class action law suit against Amway in the USA.
Don't pretend that you know everything when actually you know nothing.
Don't be carried away by the propaganda of Amway. Just read the older posts of this blog to learn the facts.
great news rmpians,
RMP has won the all cases againest Andhra High Court...
Hurreeyy RMP jindabad..
jay jay RMP...
shyam sunder tere ko keeedeee padeenngeee.
dear shyam sir,
nmart company is a legal company or not pls tell me sir
Prabhu,
NMart is a crooks which has been promoting illegal money circulation scheme and soon it would be behind bars. Promising delivery of goods in future, this crook is collecting money in advance and it is called advance fee fraud.
It is high time, people come forward to file criminal cases against this crooks.
DEKH SHAMBABU TU EK NUMBER KA CHEAP TARIKE SE FAMOUS HONA CHAHTA ACHA HAI EK BAAT SAMAJ LE DIMAG K ANDAR FIT KAR LE SIRF EK YA DO MAHINA RUK YE TU JO BAL KI KHAL NIKAL KAR APNE LIYE KAPDE BANWA RAHA HAI SAALEY SABHI JAGAH K RMPIAN TUJE GHUR RAHE HAI PAR YAKIN RAKHNA JO BHI BHAGWAN KO TU MANTA HAI MAREGA TUJE KOI BHI NAHI NAHI TU TERI NAJAR SE KHUD NAJAR MILA NAHI PAYEGA JITNA PADNA LIKNA HAI BBETA KAR LE DO MAHINE BAAD TU ROJ APNI AUR NAJRO ME MARTA RAHEGA(PARIWAR TO TUJE HOGA NAHI TERE SE KOI santusht nahi ho sakta)fdi 100% share k time tu kyo nahi bhouka
So much of arguments are waste. What RMP doing is non productive. It makes people very lazy, lethargic, greedy and they never try to do productive work by comparing each other. There is unhealthy crook competition. It is public nuisance some gang of people coming to meet friends , relatives showing some checks and flee away when their goal is achieved i.e. their placements are filled to receive money. RMP makes 1 crorepathy by earning 1000s of crores for the company. Almost all RMPians i.e. who earn are liars, scoundrels. They do not deserve for good approach. The fact is it is a clear pyramid system where only 5 to 8% of participants earn.
1 to 3% earn more money, 3 to 5 people earn some money, 5to 8% loss of money but satisfy themselves for having useless product.Nothing more than this will never happen. Government should ban these MLM companies like Lottery ticket.
Dear All, as far as i know it is clear to the joinee that it is money circulation, moreover it is our need to join it to earn money rapidly. And if it is illegal why govt has not banned Amway, etc. so it is a puzzle and two side of coins, ie risk--gain
Dear Sir,
I would need your help to get more information about the MLM system.
....
My Email ID is Pawank1186@gmail.com.
If possible do re-ply me..
Regards,
Pawan
Dear Pawan,
If you need more information regarding the MLM fraud, just go through the umpteen posts in this blog and you would be able to gather lot of information.
You may contact me at 09848849887
Hi,
Some time last year I attended a meeting hosted by some people in Ahmedabad. It was termed as a recruitment meeting and there I met Ms. Sarita Sharma from Mumbai RMP who was a speaker in this meeting, the hall was full there was no place to sit and the speakers extolled the virtues of joining RMP and how their life had changed after joining RMP. After the meeting Ms. Sharma came to my house and coaxed me into joining RMP, she promised that she would help me fullfill the requirements of getting people in my downline and that I should take 2 ids worth Rs. 21000.00 which I would make up in a months time, yes I too was taken in by all the things said at the meeting and than by Ms. Sarita Sharma at my place, it being a Sunday and me not having the required cash at hand I offered to pay by cheque, she said that since the company did not accept cheque payment and since she had to return to Mumbai that evening I should borrow the money from someone, since I was not in favour of borrowing the money she said I could make out the cheque in her name which she would encash in Mumbai and pay cash to the company and that I would get my company ID and the products worth 21k in a few days. I was not very comfortable with the concept of the company and I did not think I would be able to contribute towards its growth so the next morning I called up Sarita and informed her that she should not encash the cheque and return my money as I was not interested in joining RMP anymore, she said that she had already paid the company and that I could not backout now even though during the meeting all the speakers had emphasised that the IDs were transferable unlike other programmes so I pointed it out to her but she would not hear of it. I tried talking to her for a day or two but then she stopped taking my calls so I went to my bank to ask for stop payment of the cheque but she had already encashed it. I then waited for my RMP ID which I have not received till date nor the products which she had promised me I doubt that she paid my money to RMP either I am not sure, I wrote to Mr. Vijay Shah who was the Regional Manager of RMP Infotec Mumbai but received no reply from him either. I am a widow with two sons and work hard for my living and that was my hard earned money, yes I was looking out for a get rich quick way and hence got into the RMP trap but who does not look out for such things. Please can someone help me get back my cash????????????????
Regards
Reena
Hello Mr.Sunder,
Can you please tell me in detail what is the status of RMP right now, what are the proceedings going on against the company and why the rmp-infotec.biz is also not working again.
As the early sites are totally shut down.
rmpinfotec.biz and rmpinfotec.net too.
Please update me.
I have also Subscribed to your email updates.
Thank You.
Regards,
Gagan.
Gagan,
Don't stick to this old post. Go to the latest posts by clicking on HOME button in the end part of the post.You would learn the latest position of RMP in High Court of AP.
Hi shyam,
I want to know any provision made by indian government for MLM companys??
There is no law to govern a fraudulent act. MLM is a fraudulent act and it has been pronounced by the various High Courts through out India. And even the Supreme Court of India confirmed the judgements.
Hi Shyam,
Nice and amazed to see your knowledge about MLM. Could you pls provide me a MLM siftware. I want to make some quick money to buy a bungalow on Aurangzeb Road, New Delhi. Pls help. I will wind up the company after making 500 Crores.
Dear Mr.Shyam Sundar, Just want to check with you... Hindustan Unilever has started Network Marketing (MLM) Model business and they claim that they have all necessary and required permission from the State and Central Govt. Also they are selling products less than 20% of MRP. Furthermore, the product range seems to be sensible and consumable to every common household. Kindly throw some light on the above..Kind regards. Varghese
Dear Varghese, It has been already written about this fraud in these columns. The matter has also been taken up with the police. However, the police would act if there is a victim. That is how it is being delayed to continue with the investigation.
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