The names of the MLM operations listed here includes some of the operations listed on the Ministry of Consumer Affair’s website as “self-declared to be compliant” to the guidelines published by the Department of Consumer Affairs on the 12th of September 2016

The list contains the names of operations identified as Unviable business models and may be prosecuted under the Prize Chits and Money circulation (Banning) Act 1978, IPC 420, Protection of the Interest of Depositors Act (State specific), Prevention of Money laundering Act 2002, and the forthcoming The Banning of Unregulated Deposit Schemes Act 2018.

Please note :

  1. This list contains names of unviable business operations which may have been initiated by the promoters intentionally (with full knowledge of implications) or unintentionally (copied without understanding the viability of commitments).
  2. These operations commit to offer un-viable returns or display misleading information on their website/promotional material/s.
  3. The marketing structure and compensation plan of the operations listed here are Multilevel (does not include the Direct and the Single level structure).
  4. This is not an exhaustive list, but contains a fraction of thousands of operations in India.
  5. This list also contains names of operations disguising money circulation by promoting intangible (Token) products which are of no value to the people paying for the same.
  6. In case an operation does not display the compensation plan on their official website, the compensation plan would be sourced from other website/s /Platforms where the operators or its agents/distributors/promoters would have displayed/posted the same. Therefore, it is the responsibility of the promoters/operators to make sure that the compensation plan displayed online is the one being followed by the company (as per the guidelines by MOCA).
  7. The details on these companies listed here including - Snapshots of the Web pages with date and time stamps, Names of the directors, Names of the Promoters/Top distributors, Addresses, Contact numbers, Compensation plan/s, Franchisee addresses, Server details, IP addresses, Name of the Software developer and support, Approximate turnover, Area of operation, Videos of the company meetings, brochures, literatures, etc would be shared on request with Investigation/Law Enforcement agencies only if requested using official email ids and contact details.

The list includes:

  1. Registered/Non-Registered entities/individuals (with the Registrar of companies in India)
  2. Individuals/entities deploying Multilevel marketing compensation plan (MLM)

The list excludes:

  1. Collective investment schemes registered with SEBI (A Collective investment scheme is any scheme of arrangement, which satisfies the conditions, referred to in sub-section (2) of section 11AA of the SEBI Act)
  2. Registered Chit fund companies
  3. Un-viable Operations deploying the Direct/Single level compensation plans with single level or multilevel structure.
  4. Entities which deploy multilevel marketing (mlm) compensation plans while promoting tangible products even though the pay-outs committed via the compensation plan are unviable (more pay-out being offered than provisioned for on the sale of products/services which are not listed as negative products on http://www.strategyindia.com/mlm-guidelines-3.html)
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Total Scam Companies : 2388 | Showing 96 record(s) starting with 'F'

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #

Sr. Company Name  
1 F Trade More Details
2 F Trading More Details
3 Face Book Trade More Details
4 Fair Pay Traders More Details
5 Fame Rich More Details
6 Family 100 More Details
7 Family For Income More Details
8 Fantasy Destination More Details
9 Fast Help More Details
10 Fast Helping More Details
11 Fast Life More Details
12 Fast Money ATM More Details
13 Fast Return More Details
14 Fast Wallet More Details
15 Fast3cycle.com More Details
16 Fb2rich.com More Details
17 FDI Online Ad More Details
18 Feedermatrix More Details
19 Felix Fs More Details
20 Fin Mart Online More Details
21 Finance 2 India More Details
22 Fine 4x More Details
23 Fine Corporate More Details
24 Fine India More Details
25 Finrox.com More Details
26 First on Deal More Details
27 Five 100 Hours More Details
28 Fixreturns.com More Details
29 Floran Zartp More Details
30 Fly 4 Win More Details
31 Fly50Days More Details
32 FMS Group More Details
33 Foneseva More Details
34 For Just Four More Details
35 Ford World More Details
36 ForestCapital-USA.com More Details
37 Foreverlife.in More Details
38 Forex Achivements More Details
39 Forex Analyzers More Details
40 Forex Club99 More Details
41 Forex Fenix More Details
42 Forex Funding More Details
43 Forex Holding More Details
44 Forex Managers More Details
45 Forex Money Bank More Details
46 Forex Money Inv More Details
47 Forex Shares More Details
48 Forex Tradex More Details
49 ForexFortune.net More Details
50 Forexportal.name More Details
51 ForexReturns.webs More Details
52 Forexus.in More Details
53 Fortune Billionaire More Details
54 Fortune Galaxy SMS More Details
55 Fortune Tango More Details
56 Four Earning Steps More Details
57 Four Golden Steps More Details
58 Free Add View More Details
59 Free India Concept (ficonline.in) More Details
60 Free Money Box More Details
61 Freedom Holidays More Details
62 Freedom30 More Details
63 Frenz Help More Details
64 Friendzworld More Details
65 Frndz Donate More Details
66 FS Marcom Private Limited More Details
67 FSM Mart More Details
68 FSMGroup.in More Details
69 Fund Achiver More Details
70 Funtoosh More Details
71 Future 2 Sky More Details
72 Future 4 U More Details
73 Future Freedom More Details
74 Future Gain More Details
75 Future Help More Details
76 Future Millionair More Details
77 Future Millionairs More Details
78 Future Money More Details
79 Future Money Plant More Details
80 Future Money Profit More Details
81 Future Perfect India More Details
82 Future Sow More Details
83 Future Trade More Details
84 Future Trade India More Details
85 Future Way More Details
86 Future Ways More Details
87 Future World More Details
88 Fv land More Details
89 FX Capital More Details
90 Fx Gro More Details
91 FX Members More Details
92 Fx Open More Details
93 FX World income More Details
94 Fxcm.co.uk More Details
95 Fxcmshareworld.com More Details
96 Fxtm Empire More Details