[Resolved]  QNET Scam — QNET SCAM

http://www.quora.com/Marketing/What-is-the-Business-Model-of-Qnet-1?srid=LuN&...⇄ COMMENT NO 5 ON THIS LINK SAYS MICHAEL FERRIERA OWNS 80% OF VIHAAN/MALCOLM DESAI 20%. CAN ANYONE CONFIRM THIS? Number two. Their claims are always fishy. Former billiards champ Michael Ferreira was advertised as a 'evangelist' for their brand. Reality is that he is a 80% shareholder of Vihaan Direct Selling (India) which is the agency that controls all Qnet activities in India. The other 20% is owned by one Mr Malckolm Desai who is extolled time and again by Qnet literature as one of their leading IRs in India. Bit of a conflict of interest there, you see. (Source: Ministry of Corporate Affairs filings for FY2012; available freely on payment of Rs. 50; @Ministry of Corporate Affairs).