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.