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 56 record(s) starting with 'L'

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 Lacero Shine More Details
2 Ladder4 Success More Details
3 Lakshya India Development & Entertainment More Details
4 Lakshya Services More Details
5 Lakshya Vardhan Marketing Ltd More Details
6 Land Field International More Details
7 Lari Babh More Details
8 Laxem Holidays More Details
9 LB Gold Palm More Details
10 Learn Then Earn More Details
11 Lee Care More Details
12 Lensen Group Ltd More Details
13 Leoxyescars.com More Details
14 Let Be Rich More Details
15 Let Berich More Details
16 Lets Travel Free More Details
17 Level Bux More Details
18 LGN International More Details
19 Liberta Gia More Details
20 Liberty Swiss FX Corp Ltd More Details
21 Liberty World More Details
22 Life 500 More Details
23 Life Computer Job More Details
24 Life Dream 700 More Details
25 Life Event More Details
26 Life Ok More Details
27 Life Style Holidayz More Details
28 Life Styles People More Details
29 Life Tym Income More Details
30 Life Well 2009 More Details
31 Lifeset India More Details
32 Lifetimesd N bhd More Details
33 Live Money More Details
34 LMS India More Details
35 Loan Free Life More Details
36 Loan India Loan More Details
37 Logical Help More Details
38 Lokmanya Multitrade More Details
39 Long Vision Help More Details
40 Longtime Help More Details
41 Lottos Plaza More Details
42 Lotus India More Details
43 Lotusindia.biz More Details
44 Luck 7 Jackpot More Details
45 Luck22cr More Details
46 Luckey 4 U More Details
47 Lucky 100 More Details
48 Lucky 7 Colours More Details
49 Lucky Groups More Details
50 Lucky Tagurds More Details
51 Lucky Trading More Details
52 Lucky U More Details
53 Lucky2 Click More Details
54 Lumen Help More Details
55 Lustre Help More Details
56 Luxury Life 4 U More Details