PIB- Investigation into the Affairs of Certain ‘Multi-Level Marketing’ Companies

Posted: 12/12/2012 in News, PIB
Tags: , , ,

The Serious Fraud Investigation Office has undertaken investigation into the affairs of certain companies undertaking business in the ‘Multi-Level Marketing’ (MLM) mode. Giving this information in written reply to a question in the Parliament, Shri Sachin Pilot, Minister of Corporate Affairs, said that the websites of these companies were found non-operational at the commencement of investigations, which are underway. If any websites carrying of ‘MLM’ activities are found operational, suitable action will be taken as per law.

Source: Press Information Bureau.

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