Hyderabad: The Cyberabad police have arrested 58 accused in 14 criminal cases registered against Q-net and Vihaan Direct Selling Pvt. Ltd. in different police stations in Cyberabad. The godown of Vihaan Direct Selling Pvt. Ltd at Bangaluru and the office of
Transview Enterprises (marketing agency for Q Net products) were sealed. The police also have frozen Rs 2.7 crore in the Bank account of Vihaan Direct Selling Pvt. Ltd. The bank accounts of the accused involved in the cases were also seized.
The case was cracked down by the sleuths of Cyberabad in various parts of Telangana, Andhra Pradesh, Bengaluru and Delhi. Some 30 cases were registered against Q Net Company in Cyberabad. Vihaan Direct Selling Pvt. Ltd. formerly known as Gold Quest, Quest Net, is a Hong Kong-based multi-level marketing (MLM) company owned by the QI Group. The company invokes many Ponzi schemes and Binary Schemes, Product based, Vacation Packages etc., business tactics which are illegal. Q Net, main subsidiary of the QI Group of Companies was founded by Vijay Eshwaran and Joseph Bismark in Hongkong in 1998.
The Q-net / Vihaan promoters give motivational lectures to the unemployed youth and also to the homemakers stating that there is business project which will yield huge profits to them. Once the customer joins i.e., absolutely by paying cash or on line transaction to the upliner/ Introducer person or to the Vihaan account (Q-net franchisee), an User name and Password will be generated, but the Password will not be given to the down line ID person and it will be with the upliner only in the Q-net web. (NSS)