[Resolved] RCM Business — Should be called as Scam or Fraud
I will request all the readers to have a glance on the following which I have collected from the famous websites...
The product is not the incentive to join an MLM. Otherwise people might have shown an interest in selling this particular product or service before in the real world. The product is the excuse to attempt to legitimate the real money-making engine. It's "the cover."
But the way to make money in all this is clearly not by only selling product, otherwise you might have shown an interest in it before, through conventional market opportunities. No, the "hook" is selling others on selling others on "the dream."
Where is the money coming from for those at the top? From the sucker at the bottom, as in every pyramid scheme. The product could be, and lately has been, anything.
Like other MLM company RCM also collecting huge money by selling the joining kit costing from 1300 /-to 3500/-. But the kit is not worthy as it cost. My be 70% more price the company is collecting from the starting itself in the bame of joining kit like joning fees. Immediately this company should be banned.
I will quote some line from the Hindu news paper:
Multi-level marketing schemes illegal: Madras High Court
By Our Staff Reporter
CHENNAI, JAN. 25. The Madras High Court has ruled that the multi-level marketing (MLM) scheme, by whatever attractive name it is called, is illegal, and that the Director-General of Police and other law enforcing authorities must have "a watchful eye on all such activities and take timely action."
Those are newly joiners, should be aware that in other country this MLM company have been banned.
Only in India they are getting escaped due to some gaps in the Indian laws.
Beaware RCM distributors
Was this information helpful?
Aug 14, 2020Complaint marked as Resolved
Category: Business & Finances
Add Company Information