GoldQuest aka QuestNet gold scheme (some call it a scam) is the buzz that is taking rounds in Bangalore nowadays. Not that it hasn’t been around, but sounds like it has caught up once again. Last week one of my friend pulled me over for one such meeting where the talented marketers tried to convince me to enroll for this questnet business. I made an attempt to understand this is all about and how it works. After analyzing it thoroughly, it made me wonder how the so called ‘intelligent IT’ folks are falling prey for a vulnerable business model in which QuestNet is operating.
Let me write here on what I mean by vulnerable business model. To become a QuestNet ‘partner’ (business term), one needs to pay about INR 33k. By paying so, you become the privileged owner of a ‘Gold Coin’ of about 6 grams – this costs about INR 6k. They claim to have numismatic value for all the coins that they are giving away. I need to reiterate the actual meaning for numismatic here, refer to wikipedia for more information. Usually, gold coins get high value over a period of time – probably not in the life span of one generation. Also, I did a bit of search on EBay and other internet sites to figure out how much value these questnet coins can fetch. To my surprise, there were neither bidders nor any proof of a successful selling of such a coin. Now the net loss for an individual by becoming ‘business partner’ is INR 27k. Now they propose a multi level marketing (MLM) plan to make up your lost money. This goes something like this – Introduce a couple of people as partners and you attract a commission Rs 1916/- per head. Let us assume you introduced A & B. Now to reclaim your money in the form of commission, ask those 2 folks to introduce another 2 each – say A introduces A1, A2 and B gets in B1, B2. This sequence goes on to get your already paid partnership money in the form of a “Interest free commission”. There is a catch again, one need to keep introducing new people in the counts of 3, 6, 9, 12, 15…. in a group. If anyone fails on either side of the binary tree, progress halts. In turn this cuts short the money you have already paid. Now, let me put it in mathematical form.
This diagram (thanks to Wikipedia) represents what i have explained all this while. It is mathematically proved that the Number of nodes with two children is always less than half the total number of nodes – Well known as ‘Binary Tree Fact’. All the people who enter such a business model at the very early stages are the lucky ones. They will get to spread and introduce new ‘Partners’ to the chain. However, over a period of time this will reach the saturation level. This is very well shown in the diagram. If you observe the Blue circles, they are the one who joined in the early stages. They represent 11.8% percent of overall population while the circles indicated in Red counts to 88.1%. Hence the top 12% gets benefited from this kind of business model while the alarming 88% will be on the losing side. Think twice before you get in to this kind of businesses.
It is up to you to decide on whether you belong to profitable 12% or loss making 88% depending on how you take it to the next level. Why to become a fool by depositing your hard earned money with someone and they try to get it back by putting others in a fix? If you want to lose your friends and start looking at everyone including friends, relatives, co-workers etc., as targets, then this business is for you. Is this justified trap others to get back your own money in the form of commission? It will kill your good relationship with everyone around you, value of which cannot be quantified. No matter how much you make, you need people and time to enjoy in the society. Even in this material world, money is not everything. There is always life beyond making money, at least not at the cost of making others fools too. Think again.. do you really want to get in?
Sivaji Ganganathan says
Chintan, Questnet or Goldquest people are smart enough to fool all of us. In the initial agreement, it is very clear that you need to wait for 90 days to get your gold coin. By then anyways, even banks can’t help because you are over that 3 months period to apply for merchant pay back. So we are trapped in all possible ways. Nobody can beat them legally. They know all the loopholes and they have deviced their policies to cover all of them.
Hard luck but they have outsmarted you though!
Chintan says
Hey Chris,
I wanted some information regarding the chargeback against merchant .. me and my friends went to bank.. they said that it can only be applied in 3 months of purchase … can you give me any information regarding this .. so that we can .. push them and tell that legally it is how much ???
Please reply ASAP ..
Thnks …
Chintan says
Hey Chris,
I wanted some information regarding the chargeback against merchant .. me and my friends went to bank.. they said that it can only be applied in 3 months of purchase … can you give me any information regarding this .. so that we can .. push them and tell that legally it is how much ???
Please reply ASAP ..
Thnks …
mary_d_souza says
@Well Wisher.
Man you must be some kind of genius (at least that is what you think of your self 😉 ). I guess you need some mind therapy.
Well read ahead … you think people who read comments here are idiots, to believe your fallacies ? Man go and tell this story to your MAMA 😉 I bet you’ll get ONE TIGHT SLAP 🙂
Well you say saving money in banks does’nt give you good returns right ? Then go ahead and put all your money in the SO CALLED BUSINESS, and wait till your end of life for your gold coins to come home. (I’m sure you’ll be collecting coins on lanes)
Well some networkers might have made some good money in this SO CALLED BUSINESS (by cheating their trusted friends and other people). Do you think they did some success ? soon or later the Police/Law authorities will be coming back to them. Remember there are more than 17000 cases filed against this SO CALLED BUSINESS.
And to tell you NETWORKERS, when people file police complaints, they need to give facts, who introduced them to network, where, when etc, The names and addresses of the NETWORKERS are already in FIRs.
So my dear WELL WISHER, Wish you’ll have good time with the authorities soon coming back after you If you had been involved in this BUSINESS. Have a chill pill and SLEEP TIGHT 😉
YOU CAN RUN ON FOR A LONG TIME, SOON OR LATER GOD WILL CUT YOU DOWN.
Mary.
mary_d_souza says
@Well Wisher.
Man you must be some kind of genius (at least that is what you think of your self 😉 ). I guess you need some mind therapy.
Well read ahead … you think people who read comments here are idiots, to believe your fallacies ? Man go and tell this story to your MAMA 😉 I bet you’ll get ONE TIGHT SLAP 🙂
Well you say saving money in banks does’nt give you good returns right ? Then go ahead and put all your money in the SO CALLED BUSINESS, and wait till your end of life for your gold coins to come home. (I’m sure you’ll be collecting coins on lanes)
Well some networkers might have made some good money in this SO CALLED BUSINESS (by cheating their trusted friends and other people). Do you think they did some success ? soon or later the Police/Law authorities will be coming back to them. Remember there are more than 17000 cases filed against this SO CALLED BUSINESS.
And to tell you NETWORKERS, when people file police complaints, they need to give facts, who introduced them to network, where, when etc, The names and addresses of the NETWORKERS are already in FIRs.
So my dear WELL WISHER, Wish you’ll have good time with the authorities soon coming back after you If you had been involved in this BUSINESS. Have a chill pill and SLEEP TIGHT 😉
YOU CAN RUN ON FOR A LONG TIME, SOON OR LATER GOD WILL CUT YOU DOWN.
Mary.
Chintan says
Hi all,
Ya you are right Siddharth about Well wisher … I really don’t understand like how these QN people get these stupid argument lines !!! I mean they should read once what they are writing so that they cane delete the comments instead of posting them and proving to the world that how stupid they are …
Anyways .. i am seeing that still the QN IRs are trying to tell and convince people how genuine this company is and all that … so my question to al IRs … any news about QN .. when it is starting .. i mean with the same name .. or they would again do the same thing that they did in 2003 by changing the name from Gold Quest to .. QN or QI …
Please IRs .. do let me know when it is starting AGAIN ??? 😛 …
TRY AND FACE THE TRUTH !!!
Chintan says
Hi all,
Ya you are right Siddharth about Well wisher … I really don’t understand like how these QN people get these stupid argument lines !!! I mean they should read once what they are writing so that they cane delete the comments instead of posting them and proving to the world that how stupid they are …
Anyways .. i am seeing that still the QN IRs are trying to tell and convince people how genuine this company is and all that … so my question to al IRs … any news about QN .. when it is starting .. i mean with the same name .. or they would again do the same thing that they did in 2003 by changing the name from Gold Quest to .. QN or QI …
Please IRs .. do let me know when it is starting AGAIN ??? 😛 …
TRY AND FACE THE TRUTH !!!
Sagar says
Hello All,
Lucky 🙂 I found a website with substantial information about consumer grievances http://www.consumergrievance.com/index.htm … I’m looking into it … anyone has any information kindly post it in the comments here. If anyone has already SUED Quest Net, Kindly post the details too.
Thanks to all of you !!! Mohan big thanks to you … you’ve done a great JOB ! God bless you !!!
Cheers,
Sagar.
Sagar says
Hello People !
What Mohan says is 100% true. I have ended up losing my hard earned money. Trust me I cancelled the order of the so called NUMISMATIC whatsoever gold coin, just within hours of buying it online. But quest net never canceled the order NOR did they deliver the coin to me. This has been going on and on from 8 months now. I don’t blame my friend who referred me to this fraud scheme, because he was also unaware and he is also into a big loss. But I have seen many folks absconding, The guy who brainwashed us about quest net is absconding right from the day one this scheme was caught by police in Bangalore. This was broadcast-ed on television too.
I know I lost money, But trust me I did not lose any of my friends, Because within hours of purchasing the gold coin I came to know Quest Net was all about. I did not refer anyone to this scheme, and I also advised my friend & referrer that this could be dangerous for him too, specially in terms of losing trust with friends.
MOHAN buddy, do us all a favor, I’m searching how to sue Quest Net for what they have done, I’m looking for information on the web regarding consumer court/law forums, etc. I have collected sufficient proof against the fraud, I would like you and the readers of your blog post some information on what best can be done legally.
Any help would be splendid !
Thanks,
Sagar.
Sagar says
Hello People !
What Mohan says is 100% true. I have ended up losing my hard earned money. Trust me I cancelled the order of the so called NUMISMATIC whatsoever gold coin, just within hours of buying it online. But quest net never canceled the order NOR did they deliver the coin to me. This has been going on and on from 8 months now. I don’t blame my friend who referred me to this fraud scheme, because he was also unaware and he is also into a big loss. But I have seen many folks absconding, The guy who brainwashed us about quest net is absconding right from the day one this scheme was caught by police in Bangalore. This was broadcast-ed on television too.
I know I lost money, But trust me I did not lose any of my friends, Because within hours of purchasing the gold coin I came to know Quest Net was all about. I did not refer anyone to this scheme, and I also advised my friend & referrer that this could be dangerous for him too, specially in terms of losing trust with friends.
MOHAN buddy, do us all a favor, I’m searching how to sue Quest Net for what they have done, I’m looking for information on the web regarding consumer court/law forums, etc. I have collected sufficient proof against the fraud, I would like you and the readers of your blog post some information on what best can be done legally.
Any help would be splendid !
Thanks,
Sagar.
Adv Anu says
@Ramesh
Atleast in the share market U purchase something which has a value and which u know u can recover it wen u sell it..U know where U have invested and how much u can gain.. Atleast U dont need to purchase something which has no value at all.. If at all I want to invest I have an option of investing in gold too were I can gain even more at the market value.. I dont have to purchase a a coin for 35,000!!
@Questnetter
I dont think Stock market is a MLM or any other scheme!! One doesnt earn from by referring someone to stock market! I dont have to loose money if some one else in the stock market looses! Its soley on me whether i need to sell shares on profit or take the loss! Questnetter try to sell ya coin for even 1000 rupees let see who takes it! Mobile Phone is a china made junk piece!! Just ask anybody who has taken your holiday package whether it was a good experience on their part!
Adv Anu says
@Ramesh
Atleast in the share market U purchase something which has a value and which u know u can recover it wen u sell it..U know where U have invested and how much u can gain.. Atleast U dont need to purchase something which has no value at all.. If at all I want to invest I have an option of investing in gold too were I can gain even more at the market value.. I dont have to purchase a a coin for 35,000!!
@Questnetter
I dont think Stock market is a MLM or any other scheme!! One doesnt earn from by referring someone to stock market! I dont have to loose money if some one else in the stock market looses! Its soley on me whether i need to sell shares on profit or take the loss! Questnetter try to sell ya coin for even 1000 rupees let see who takes it! Mobile Phone is a china made junk piece!! Just ask anybody who has taken your holiday package whether it was a good experience on their part!
shailesh says
Having been part of mlm myself and then really studying it (its also what brought me into personal development) I have to come to the following conclusion, and I think anyone would agree:
The reason mlm is given a bad rep, is because there is no one telling you what to do (and society is conditioned to be told what to do!). You are basically given all the freedom you want to go forth and reap the benefits of a mlm system IF YOU CHOOSE TO. However, many people ‘unconciously’ make the decision to get involved, or are excited about it the day they sign up but then everyday after that they lose more interest. And because they lack self initiative (they are waiting for someone to tell them what to do…) they develop the idea that mlm has scammed them and that it doesnt work…
It only works for the people who work it! People expect too much from nothing. Another problem is that most people will listen to their broke friends advice that it isnt going to work and so they take on that belief and create it a reality.
And now they have to go and create laws to protect this? I mean some companies were sued for making false claims, and so now every (smart) mlm company is already stating their turnover rate or income levels during the signup process.
It is kind of ridiculous to have to make a law like this if you think about it, it is a bandaid to the real problem – that people need to wake up and smell the roses around them. I have met many people who are experiencing abundant success in all areas of their lives because of mlm.
shailesh says
Having been part of mlm myself and then really studying it (its also what brought me into personal development) I have to come to the following conclusion, and I think anyone would agree:
The reason mlm is given a bad rep, is because there is no one telling you what to do (and society is conditioned to be told what to do!). You are basically given all the freedom you want to go forth and reap the benefits of a mlm system IF YOU CHOOSE TO. However, many people ‘unconciously’ make the decision to get involved, or are excited about it the day they sign up but then everyday after that they lose more interest. And because they lack self initiative (they are waiting for someone to tell them what to do…) they develop the idea that mlm has scammed them and that it doesnt work…
It only works for the people who work it! People expect too much from nothing. Another problem is that most people will listen to their broke friends advice that it isnt going to work and so they take on that belief and create it a reality.
And now they have to go and create laws to protect this? I mean some companies were sued for making false claims, and so now every (smart) mlm company is already stating their turnover rate or income levels during the signup process.
It is kind of ridiculous to have to make a law like this if you think about it, it is a bandaid to the real problem – that people need to wake up and smell the roses around them. I have met many people who are experiencing abundant success in all areas of their lives because of mlm.
RAG says
@Ramesh
Definately it’s a fortune for a few by making hundreds/thousand’s unfortunate
RAG says
@Ramesh
Definately it’s a fortune for a few by making hundreds/thousand’s unfortunate
Ramesh says
Hi Guys,
thanks for putting more masala for questnet and making a big news. Questnet will bounce back and it is a very good company. If u want to call as cheat first go and call your ‘ SHARE MARKET’ Nobody understood what is basis of the share market price. It is a big gambling where you do not have any control. In quest if u understand the concept it is a ‘ FORTUNE’ for u guys
wake up and smell the coffee
Ramesh says
Hi Guys,
thanks for putting more masala for questnet and making a big news. Questnet will bounce back and it is a very good company. If u want to call as cheat first go and call your ‘ SHARE MARKET’ Nobody understood what is basis of the share market price. It is a big gambling where you do not have any control. In quest if u understand the concept it is a ‘ FORTUNE’ for u guys
wake up and smell the coffee
Siddharth says
@ Well Wisher…..
I read your entire post but it lost credibility right at the beginning where you started questioning the Banking system. Were you just born yesterday??…
You seriously have no idea how the banking system works right??…I’m even running out of words to explain how banking works…
It does not have to be products all the time. Bank acts a middlemen for people who want to invest and ppl who want money for their business. How is that a scam??….Do the banks give you false hopes that you will become a millionaire one day??,… They just tell you that they will 8% and that’s clean and clear. Its upto you if you want to invest in them or not.
It useless to even reply back to you because you are comparing backing with QN….lol 😀 You have beaten all predecessors in this blog by coming up with the lamest comparison. You win, hands down. 😀
Siddharth says
@ Well Wisher…..
I read your entire post but it lost credibility right at the beginning where you started questioning the Banking system. Were you just born yesterday??…
You seriously have no idea how the banking system works right??…I’m even running out of words to explain how banking works…
It does not have to be products all the time. Bank acts a middlemen for people who want to invest and ppl who want money for their business. How is that a scam??….Do the banks give you false hopes that you will become a millionaire one day??,… They just tell you that they will 8% and that’s clean and clear. Its upto you if you want to invest in them or not.
It useless to even reply back to you because you are comparing backing with QN….lol 😀 You have beaten all predecessors in this blog by coming up with the lamest comparison. You win, hands down. 😀
RAG says
@ Well Wisher
Sorry friend but i couldn’t see any strong message or fact rather than frustration on your message…
Please if you are really interested in some debate first go through the entire blog with ALL comments..
Your comment only expresses your frustration..Read your comment again and you will feel it..
Mr Mohan, You have done a great job….i think Well wisher even don’t deserve your response,but
as you have already given so again congrats for your job….
RAG says
@ Well Wisher
Sorry friend but i couldn’t see any strong message or fact rather than frustration on your message…
Please if you are really interested in some debate first go through the entire blog with ALL comments..
Your comment only expresses your frustration..Read your comment again and you will feel it..
Mr Mohan, You have done a great job….i think Well wisher even don’t deserve your response,but
as you have already given so again congrats for your job….
Mohan says
Dear Well Wisher,
Thanks for putting across all your thoughts, confusions and your levels of understanding in one comment. I try to address most of them to my knowledge.
For your information, I am not an investment advisor, but a techie with a bit of common sense, logical and analytical thinking.
1. You have just read one book and trying to think that is everything. Approach a nearby library, you find a good volume of books to learn what banks are all about and what role they play in society. Please do home work and then get back for more discussion. Don’t limit yourself to be a कूप मंडूक.
2. Yes, I am intelligent and thanks for appreciating. I take those compliments. Good that you figured out – Blogging is my hobby and I don’t mind spending some money to enhance & pursue my hobby. What bothers you so much about my blog by the way? Take it easy pal!
3. Thanks for the offer but I am sorry, not interested in promoting something that is against my ideology. I am not that greedy yet!
4. Thanks again for all your prayers and god has certainly blessed me with Positive thinking. That could be the reason why I am not desperate and greedy yet to make money at the cost of others loss.
Lastly – I never invested in any MLM till date nor I would ever get involved in such schemes. There is life beyond greed and that is more beautiful. Chill.. Enjoy 🙂
Mohan says
Dear Well Wisher,
Thanks for putting across all your thoughts, confusions and your levels of understanding in one comment. I try to address most of them to my knowledge.
For your information, I am not an investment advisor, but a techie with a bit of common sense, logical and analytical thinking.
1. You have just read one book and trying to think that is everything. Approach a nearby library, you find a good volume of books to learn what banks are all about and what role they play in society. Please do home work and then get back for more discussion. Don’t limit yourself to be a कूप मंडूक.
2. Yes, I am intelligent and thanks for appreciating. I take those compliments. Good that you figured out – Blogging is my hobby and I don’t mind spending some money to enhance & pursue my hobby. What bothers you so much about my blog by the way? Take it easy pal!
3. Thanks for the offer but I am sorry, not interested in promoting something that is against my ideology. I am not that greedy yet!
4. Thanks again for all your prayers and god has certainly blessed me with Positive thinking. That could be the reason why I am not desperate and greedy yet to make money at the cost of others loss.
Lastly – I never invested in any MLM till date nor I would ever get involved in such schemes. There is life beyond greed and that is more beautiful. Chill.. Enjoy 🙂
Well Wisher says
Dear Anti Networkers,
I wanted to invest money in share market a long back. But I don’t want to take any risk. Can you assure me?I will invest through you? I studied one thing “in the sphere of silence” written by Vijay Eswaran.
Then I questioned myself.
1.The money what I put into bank earns me maximum interest of 8% return. How come bank does not produce any product can grow my money 8%? Answer was :bank collectively will use my money and gives to business people who will pay high rate of interest which is enough to pay salary to its employees and management+ bank is also making profit also.How come the businessmen make without selling the product…. Hoof… My hard earned money used by business people…. they sell their product to me(customer)only. I am frustrated.
The banking system itself is scam ? Why dont you stop
banking system yaar ?
I think you are very very intelligent.
I think you want to help people by educating them through this web site. Good keep it up. You may be also getting lot of advertise on this website and making lot of money?
If I am true, you are very intelligent. Keep it up.
If I am not true you are a fool who waste your time and energy on writing blogs. Do you think media,internet is providing the space to you and me free of cost ? Whether the Celebraties , brand ambassadors advertises product free of cos which probably never used of their personal use ?
Which one of the above is true ? Don’t fool yourself. If you are a reformer. Tell your vision and mission. I will come and work with you. Just because you may not succeed in networking business, you have wasted enough time and effort in this process. But I understand your frustration and/or fear of loosing money because of lack of knowledge about the business and industry.
For your knowledge… just type any “Company name + fraud”
you will find lot of reformers wants to change systems.
If your interest was to vent your frustration, keep it up. I am also one of the person who lost investments in MLM because I was neither ready to learn nor ready to work hard.
But one thing is sure..”Any one who is making money is contributing to countries economy. Because he has to spend it to enjoy the money he made,which ultimately provides some of the country men to get his lively hood. If he makes money with Greed, he is the sufferer, not you and me.
But today, world is behind building arms, terrorism is increasing,fear of uncertainity among general public is increasing, hatredness is increasing alarmingly. If you have time throw some light on that. I love you all.
I shall pray God to calm down you and give energy to think only positive. What you learnt by investing in MLM ? You are not fit candidate for networking and but very much fit to visit my site.
Well Wisher
Well Wisher says
Dear Anti Networkers,
I wanted to invest money in share market a long back. But I don’t want to take any risk. Can you assure me?I will invest through you? I studied one thing “in the sphere of silence” written by Vijay Eswaran.
Then I questioned myself.
1.The money what I put into bank earns me maximum interest of 8% return. How come bank does not produce any product can grow my money 8%? Answer was :bank collectively will use my money and gives to business people who will pay high rate of interest which is enough to pay salary to its employees and management+ bank is also making profit also.How come the businessmen make without selling the product…. Hoof… My hard earned money used by business people…. they sell their product to me(customer)only. I am frustrated.
The banking system itself is scam ? Why dont you stop
banking system yaar ?
I think you are very very intelligent.
I think you want to help people by educating them through this web site. Good keep it up. You may be also getting lot of advertise on this website and making lot of money?
If I am true, you are very intelligent. Keep it up.
If I am not true you are a fool who waste your time and energy on writing blogs. Do you think media,internet is providing the space to you and me free of cost ? Whether the Celebraties , brand ambassadors advertises product free of cos which probably never used of their personal use ?
Which one of the above is true ? Don’t fool yourself. If you are a reformer. Tell your vision and mission. I will come and work with you. Just because you may not succeed in networking business, you have wasted enough time and effort in this process. But I understand your frustration and/or fear of loosing money because of lack of knowledge about the business and industry.
For your knowledge… just type any “Company name + fraud”
you will find lot of reformers wants to change systems.
If your interest was to vent your frustration, keep it up. I am also one of the person who lost investments in MLM because I was neither ready to learn nor ready to work hard.
But one thing is sure..”Any one who is making money is contributing to countries economy. Because he has to spend it to enjoy the money he made,which ultimately provides some of the country men to get his lively hood. If he makes money with Greed, he is the sufferer, not you and me.
But today, world is behind building arms, terrorism is increasing,fear of uncertainity among general public is increasing, hatredness is increasing alarmingly. If you have time throw some light on that. I love you all.
I shall pray God to calm down you and give energy to think only positive. What you learnt by investing in MLM ? You are not fit candidate for networking and but very much fit to visit my site.
Well Wisher
Chris says
@Sudheer S
Sudheer…if you have paid through credit card and since u havent received the coin…u stand good chances of getting ur money back…call up ur credit card company ask them to send u dispute form, this process is called chargeback.
Chris says
@Sudheer S
Sudheer…if you have paid through credit card and since u havent received the coin…u stand good chances of getting ur money back…call up ur credit card company ask them to send u dispute form, this process is called chargeback.
Indian says
I have never seen any Leader VC, AVP who wants to be a doctor, Engineer, Hotel Manager or a plumber….
Well, not even a sweeper would like to end up in Jail! Think about that!
Remember that Pushpam has been booked under Goondas act, and is certain to spend atleast an year in Jail with all her assets seized.
Indian says
I have never seen any Leader VC, AVP who wants to be a doctor, Engineer, Hotel Manager or a plumber….
Well, not even a sweeper would like to end up in Jail! Think about that!
Remember that Pushpam has been booked under Goondas act, and is certain to spend atleast an year in Jail with all her assets seized.
QuestNeter says
Dear friends,
One more thing guys, I think you people wants to educate people right, why cannot you people ask Govt to ban ‘ Stock exchange’. This is more serious then quest. Only problem here is you do not know who is making money out of you right. There are no criteria for the market price. Some company is having EPS of 20 market price is 150 and some company is having EPS of 6 market price is 1500. Still this is a legal business and big bulls can keep on cheating people and you don’t have any problem right ?????
Atleast in quest of you ready to invest your time you make make money, but in stock market you do not have any control over your investment, still that is a LEGAL BUSINESS. Then why not MLM.
Questnet is not cheated anybody… it is a genuine company..
David says
When is Pushpam coming out ?
Can someone please tell me when will Pushpam come out on bail ? There are lot of questnet people who didn’t get their last cheque since pushpan was arrested.poor upliners. they want to run away once they get their last cheque
David says
When is Pushpam coming out ?
Can someone please tell me when will Pushpam come out on bail ? There are lot of questnet people who didn’t get their last cheque since pushpan was arrested.poor upliners. they want to run away once they get their last cheque
Sudheer S says
Dear friends,
im working as lecturer..i have joined in questnet…they cheated me..pls dnt believe questnet..i loss my family and friends due to this business..now im in critical position..all my dowmlines are searching me to kill..i couldnt get any support from questnet..before joining they frequently call me..but now they never pick my call…i dnt know how i vl settle all the money to my family and friends..can anybody know tat wat action government vl take and vl they return my money?…
pls dnt join in questnet..dnt believe them..i dnt want to quote any website because im the living testimony..they cheated me..last 6 months i joined..still i didnt receive any coin..pls dnt join in questnet…
Wealth is only gained through HONEST and HARDWORK, so LIVE WITH IT !
Sudheer S says
Dear friends,
im working as lecturer..i have joined in questnet…they cheated me..pls dnt believe questnet..i loss my family and friends due to this business..now im in critical position..all my dowmlines are searching me to kill..i couldnt get any support from questnet..before joining they frequently call me..but now they never pick my call…i dnt know how i vl settle all the money to my family and friends..can anybody know tat wat action government vl take and vl they return my money?…
pls dnt join in questnet..dnt believe them..i dnt want to quote any website because im the living testimony..they cheated me..last 6 months i joined..still i didnt receive any coin..pls dnt join in questnet…
Wealth is only gained through HONEST and HARDWORK, so LIVE WITH IT !
Mohan says
Hi RAG : Bangalore is in news for all possible reasons for sure! well, I have no information about this “Smart Value”. Surely write about it once I get to know know about it. In the mean time if you get any info, feel free to share here 🙂
Mohan says
Hi RAG : Bangalore is in news for all possible reasons for sure! well, I have no information about this “Smart Value”. Surely write about it once I get to know know about it. In the mean time if you get any info, feel free to share here 🙂
RAG says
Another MLM :
Hi friends, during recent visit to my native i saw another MLM named ” Smart Value …. ” was spreading like mushrooms…. Do anyone have some idea about that??… It seems origin of this MLM is also banglore.
RAG says
Another MLM :
Hi friends, during recent visit to my native i saw another MLM named ” Smart Value …. ” was spreading like mushrooms…. Do anyone have some idea about that??… It seems origin of this MLM is also banglore.
Jagan says
Its amazing to see how delusional some Quest members have been!
This is worse than some mind-numbling cult that makes you believe aliens are coming in a spaceship to take you away and that you board the spaceship by killing yourself by laced cool-aid!
Wow!
This thread has to be preserved!
I wonder how the past questnet member are faring today, now that their pyramid has met its inevitable collapse!
I was also approached by no less than six of my loser acquaintances. I did have money, but invested them in real estate, bought two plots, sold one off and with the cash, built a house thats worth easily thrice what I had invested then! The questnet guys can only lie about their king style life.
I pity them!
Jagan says
Its amazing to see how delusional some Quest members have been!
This is worse than some mind-numbling cult that makes you believe aliens are coming in a spaceship to take you away and that you board the spaceship by killing yourself by laced cool-aid!
Wow!
This thread has to be preserved!
I wonder how the past questnet member are faring today, now that their pyramid has met its inevitable collapse!
I was also approached by no less than six of my loser acquaintances. I did have money, but invested them in real estate, bought two plots, sold one off and with the cash, built a house thats worth easily thrice what I had invested then! The questnet guys can only lie about their king style life.
I pity them!
Ram says
Why would any person would enroll again in india. Everyone knows the true colors of this scam now. Mohan, you have done a great job. I personally want to thank you for the kind of awareness you have bought in. Thank you once again.
Ram says
Why would any person would enroll again in india. Everyone knows the true colors of this scam now. Mohan, you have done a great job. I personally want to thank you for the kind of awareness you have bought in. Thank you once again.
Sivaji Ganganathan says
Well everyone has a point to make. But all it matters is how you do it. Certainly the questnet presenters have learned a brilliant way of creating demand for highly useless and worthless products. Well the question that remains is why is that the questnet offices not being able to open the doors even after 5 months since they were siezed in India. That just shows the damn culp module in which the business is run.
Sivaji Ganganathan says
Well everyone has a point to make. But all it matters is how you do it. Certainly the questnet presenters have learned a brilliant way of creating demand for highly useless and worthless products. Well the question that remains is why is that the questnet offices not being able to open the doors even after 5 months since they were siezed in India. That just shows the damn culp module in which the business is run.
Siddharth says
@ritu….you are good at talking and zero in maths….this is why you are in QN and love it 😉
Only if you had passed in maths in your schooldays, you would’ve know what a scam this is…. your communication is good but logic is zero….this is a perfect match and perfect catch for QN. They want ppl like you and they have got one.
You cannot for simple reason understand that there more LOSERS in QN than gainers. Assuming you have read mohan’s analysis, precisely 88% lose in best case. Whereas in reality, the number is much higher and stands at 98%. There have been lot of surveys on this and figures speak for themselves, 98% of freshers in network marketing quit within the very 1st year. This fact is not baseless, infact it was quoted to me by one of the QN IRs himself. Wow…isn’t that motivating to join?….lol 😀
I just couldn’t stop laughing when you compared QN with Gandhi,Christ etc. Goodness me….u must have a pea sized brain to relate these dignitaries with a sham as big as QN. To start with, QN must at least use some fund from RHYTHM and help those who have lost in QN 😉 let alone helping the poor from across the world…
Siddharth says
@ritu….you are good at talking and zero in maths….this is why you are in QN and love it 😉
Only if you had passed in maths in your schooldays, you would’ve know what a scam this is…. your communication is good but logic is zero….this is a perfect match and perfect catch for QN. They want ppl like you and they have got one.
You cannot for simple reason understand that there more LOSERS in QN than gainers. Assuming you have read mohan’s analysis, precisely 88% lose in best case. Whereas in reality, the number is much higher and stands at 98%. There have been lot of surveys on this and figures speak for themselves, 98% of freshers in network marketing quit within the very 1st year. This fact is not baseless, infact it was quoted to me by one of the QN IRs himself. Wow…isn’t that motivating to join?….lol 😀
I just couldn’t stop laughing when you compared QN with Gandhi,Christ etc. Goodness me….u must have a pea sized brain to relate these dignitaries with a sham as big as QN. To start with, QN must at least use some fund from RHYTHM and help those who have lost in QN 😉 let alone helping the poor from across the world…
Chris says
@Ritu,
Wow..great speech…
ok, so called fearless, dreamer, patriot….dont u think u are going tooo far with comparing QN with Gandhi, Christ sai baba etc. ? Well yes it makes great speech but u cant change the facts with it, all the ppl u have compare with, they had some mission affecting all mankind….and do u really think QN has same mission…HAHA..pitty you…Please to do some maths about QN transaction, its evident that there mission is pocketing money.
I think you have really missed the point here, please read this blog, comments again before commenting and making generic statements.
And you know wht, start looking for some alternate business to earn money, ends days for QN are here…
Chris says
@Ritu,
Wow..great speech…
ok, so called fearless, dreamer, patriot….dont u think u are going tooo far with comparing QN with Gandhi, Christ sai baba etc. ? Well yes it makes great speech but u cant change the facts with it, all the ppl u have compare with, they had some mission affecting all mankind….and do u really think QN has same mission…HAHA..pitty you…Please to do some maths about QN transaction, its evident that there mission is pocketing money.
I think you have really missed the point here, please read this blog, comments again before commenting and making generic statements.
And you know wht, start looking for some alternate business to earn money, ends days for QN are here…
RRK says
Hi back to discussion after a long time.
@rajiv
Despute, any updates?? No buddy, even we have tried, but bank people are not responding(even QN), Bank people are telling despute can be solved if the transaction is within 3 months and have Cancellation Order Statement by QN(Merchant).
@ritu
Good you have bit knowlegde abt Networking Industry. But, concepts of Rich Dad Poor Dad can’t be applied directly, unless you have built strong assets of residual income. Even I had belief that QN is good visionary comapany and V team has great leadership qualities, it turned to be FALSE my freind.
You know much we guyz are in dept, how many products have not delivered ontime? Its total mismanagement and height of neglegancy by a MNC.
I have god concern for networking industry, so keep educated and train yourself wrt to Industry, NOT wrt to a comapany. All the Best.
Regards,
RRK.