“The names of the operations listed here may include the ones listed on the Ministry of Consumer Affair’s website as 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 Scams and may be prosecuted under the Prize Chits and Money circulation (Banning) Act 1978, IPC 420, Protection of the Interest of Depositors Act for various states, PMLA, 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)
Report A Scam
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Total Scam Companies : 2182 | Showing 46 record(s) starting with 'V'

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 V Care Multi Trade.com More Details
2 V care multitrade pvt Ltd More Details
3 V-Grow More Details
4 V-Offshore More Details
5 Value for Money More Details
6 Vantage Life Care Groups More Details
7 VardaanTradeIndia.com More Details
8 VAST Capital Inc More Details
9 Vayda Bazaar More Details
10 Vayu doot More Details
11 VBillionaire More Details
12 Vcan22 More Details
13 Vcare Concepts Thane More Details
14 Vcash Club More Details
15 Vcon.in - Hyderabad More Details
16 Vellamo Mobile More Details
17 Verve Asia Pvt Ltd More Details
18 Vgrow More Details
19 Victory Sure More Details
20 VIP Agro India More Details
21 VIP Crowd Funding More Details
22 VIPbiz Club More Details
23 VIProTrade.com More Details
24 VIPS Wallet More Details
25 Virgin video ads More Details
26 Visa rev More Details
27 Viscocorp.com More Details
28 Vishwajyothi.biz More Details
29 Vision 2 Max More Details
30 Vision 21 Creates leaders More Details
31 Vision App Add More Details
32 Vision Busi Plex More Details
33 Vision IBM More Details
34 Vista Growth More Details
35 Vitol More Details
36 VLS Shopee More Details
37 Vnetfx.us More Details
38 Vogue Unit More Details
39 Voice Via More Details
40 VoiceOfPeopleOnline.net More Details
41 Voizer India More Details
42 VRL More Details
43 VSKM Business More Details
44 VSR Coin More Details
45 Vudy More Details
46 Vudy Online More Details