Qnet refund, Wrong / Fake information regarding business

Complain ID : JGJN029342   85  

Fraud Complaints  Complaint Date : November 2, 2017
  • State :  Maharashtra
  • City :  Nashik
  • Address: Flat No 5 Anand Plaza , Mangal Murti Nagar,, Uttara Nagar Bodhale Nagar Nasik -puna Road Nasik
I was told on the phone by one of my friend Mr. amit shinde.(IN39769) Mumbai & Kamlesh patil (I dont know his IR id but i am assign under him).that there was a business opportunity for me. I was informed that I was required to invest cost of 3.00Lakh INR- to start a business project along with my friend who referred me in the business. Later I was told that the business has the potential to earn me 4-5 crores INR in 5 years if I work hard. When I said “I don’t have that much money to invest” so they force me to take personal loan & I went for personal loan with 16% interest and invested it. During this loan process he asked me to pay deposit of Rs.20,000/- to hold my position. but the name of the parent company was never mentioned as Qnet or the fact that it was earlier known as Goldquest or Questnet without showing any I-card. when I asked about it they said its our own business so we don’t have any I-card or visiting card. they said you will receive a cheque monthly basis. Later on they told you will not receive any cheque for any commission you have contact us and we will give you money by cash because we are getting money in term of some ecards or digital money.they told me to make a DD on the name of vihan group without explaining any of the terms and conditions, return and refund period etc.later on they asked me to share the OTP which i have received and its very urgent so i shared it. I was asked to read books and Dvds(I have the link which share by my upline for Dvds and I can give you for evidence) for a month before starting the business. And they said as you are joining our business so we are gifting you a vacation package which you will received at your address within 45 days and they took signature on 100rs bond paper and said it is a normal formality and not given a time to read it properly. I was never told that I was signed up into the Network Marketing/MLM industry. I was not informed about products which were much cheaper and could be purchased for less than 1lakh. I was not explained as to what exactly I was required to do to earn money from the business. They told the Business will be on your own name and I have to work with them. I asked them is it chain business or for earning money I have to add people or partners for earning money and they said no its our business and we don’t need to add partners or sale the products. they said it an ecommerce business like ebay, amazon etc but was shocked to find few months later that I was required to recruit my friends and family members by calling them on phone and inviting them for a plan. Nothing beyond calling and inviting people to show plans and persuading them to join the business opportunity. I was coerced daily to sign up my family members into the business without their knowledge so that they may benefit without working in the business and so that I may get back returns on my investment faster. That vacation package product have not be used after my purchase. I am also not entitled to any commission till date. When I came to know it’s a chain business or I have to add people and force to them to invest money with false information and with fake commitment, I said no I cannot miss guide any one for earning money.. It’s a case of cheating. where peoples are misguided(purposefully) by your agents. As I have taken loan with 16% its badly affecting on my financial & social health.do you think any body from a middle class will buy a vacation package by taking loan of 3 lakh with 16% interest for 5 yr??(with interest the total amount will be 4,50,000/-)

Request you to take strict action against these cheaters and refund my Money..
Complaint Against / To: qnet

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