1. To inform the countrymen to refrain from investing money and time in the operations listed here

2. To inform the law enforcement agencies of the deceptive and unsustainable entities before they can cause more damage.

3. The list contains some of 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 Banning of Unregulated Deposit Schemes Act 2019.

The names of the MLM operations listed here include some 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.

This list is the output of an early detection and warning process by the team of Strategy India. In this process, our team detects MLM operations and collects information in the first few weeks of initiation. This information is then analysed within ten working days followed by the listing of unviable MLM activities on this scam alert list.

This list contains names of unviable business operations which deploy the Multilevel marketing compensation plan/s. These may have been initiated by the promoters (including founders, stakeholders, and the founder agents/distributors) intentionally (with complete knowledge of implications) or unintentionally (copied without understanding the viability of commitments and impact).

These operations commit to offer un-viable returns and/or display misleading information on their website/promotional material/s.

The activities listed here deploy multilevel marketing compensation plan to compensate their agents/distributors arranged in multilevel structure and (this list does not include unviable operations using the Direct and the Single level structure/compensation plan).

It is not an exhaustive list but contains a fraction of thousands of activities in India.

This list includes names of activities based on promoting intangible (Token) products which are of no use/cannot be used for the people paying for the same.

In case an operation does not display the compensation plan on their official website, the compensation plan is sourced from other website/s /Platforms where the operators or its agents/distributors/promoters would have displayed/posted the same.

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 only with Investigation/Law Enforcement agencies if requested with valid reason/s using official email ids and other accurate contact details.

The terminology of the commonly used terms can be seen here: https://www.strategyindia.com/mlm-guidelines-1.html

Registered/Non-Registered entities/individuals (with the Registrar of companies in India)

Individuals/entities deploying Multilevel marketing compensation plan (MLM)

Collective investment schemes registered with SEBI (A Collective investment scheme is any scheme of the arrangement, which satisfies the conditions, referred to in sub- section (2) of section 11AA of the SEBI Act)

Registered Chit fund companies

Un-viable Operations deploying the Direct/Single level compensation plans with a single level or multilevel structure.

Entities which use 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)

Strategy India is a for profit corporation and not an NGO (No donations are accepted)

The name/s from the list can only be removed if ordered by the court (the agency reserves its right to challenge the same as per the law)

Strategy India is not a government organization

The research, detection and analysis are wholly funded by Strategy India

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Total Scam Companies : 2529 | Showing 102 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 Fashio Shop 4u More Details
10 Fast Help More Details
11 Fast Helping More Details
12 Fast Life More Details
13 Fast Money ATM More Details
14 Fast Return More Details
15 Fast Wallet More Details
16 Fast3cycle.com More Details
17 Fb2rich.com More Details
18 FBS TRADE More Details
19 FDI Online Ad More Details
20 Feedermatrix More Details
21 Felix Fs More Details
22 Fin Mart Online More Details
23 Finance 2 India More Details
24 Fine 4x More Details
25 Fine Corporate More Details
26 Fine India More Details
27 Finrox.com More Details
28 First Choice Online More Details
29 First on Deal More Details
30 First Winner More Details
31 Five 100 Hours More Details
32 Fixreturns.com More Details
33 Floran Zartp More Details
34 Fly 4 Win More Details
35 Fly Wings Venture More Details
36 Fly50Days More Details
37 FMS Group More Details
38 Foneseva More Details
39 For Just Four More Details
40 Ford World More Details
41 ForestCapital-USA.com More Details
42 Foreverlife.in More Details
43 Forex Achivements More Details
44 Forex Analyzers More Details
45 Forex Club99 More Details
46 Forex Fenix More Details
47 Forex Funding More Details
48 Forex Holding More Details
49 Forex Managers More Details
50 Forex Money Bank More Details
51 Forex Money Inv More Details
52 Forex Shares More Details
53 Forex Tradex More Details
54 ForexFortune.net More Details
55 Forexportal.name More Details
56 ForexReturns.webs More Details
57 Forexus.in More Details
58 Fortu Next More Details
59 Fortune Billionaire More Details
60 Fortune Galaxy SMS More Details
61 Fortune Tango More Details
62 Four Earning Steps More Details
63 Four Golden Steps More Details
64 Free Add View More Details
65 Free India Concept (ficonline.in) More Details
66 Free Money Box More Details
67 Freedom Holidays More Details
68 Freedom30 More Details
69 Frenz Help More Details
70 Friendzworld More Details
71 Frndz Donate More Details
72 FS Marcom Private Limited More Details
73 FSM Mart More Details
74 FSMGroup.in More Details
75 Fund Achiver More Details
76 Funtoosh More Details
77 Future 2 Sky More Details
78 Future 4 U More Details
79 Future Freedom More Details
80 Future Gain More Details
81 Future Help More Details
82 Future Millionair More Details
83 Future Millionairs More Details
84 Future Money More Details
85 Future Money Plant More Details
86 Future Money Profit More Details
87 Future Perfect India More Details
88 Future Sow More Details
89 Future Trade More Details
90 Future Trade India More Details
91 Future Way More Details
92 Future Ways More Details
93 Future World More Details
94 Fv land More Details
95 FX Capital More Details
96 Fx Gro More Details
97 FX Members More Details
98 Fx Open More Details
99 FX World income More Details
100 Fxcm.co.uk More Details
101 Fxcmshareworld.com More Details
102 Fxtm Empire More Details