QNET calls for Direct Selling Act, establishment of Direct Selling Association to combat fraud and scams
QNET has called for a Direct Selling Act and the establishment of a Direct Selling Association to combat fraud and scams, according to MyJoyOnline. The company advocates for stronger legislative frameworks in the direct-selling sector. Malaysian consumers should check whether their local regulators have established clear licensing and oversight mechanisms for direct-selling companies.
This summary is based on reporting from MyJoyOnline. Read the original article for full context.
Read full article on MyJoyOnlineThis article mentions Qnet (M) Sdn. Bhd..
View Qnet (M) Sdn. Bhd. profile, license status, and safety scoreRelated news
Vietnamese woman jailed for selling 18 people to Thailand, Myanmar scam compounds
VnExpress International reports that a Vietnamese woman has been jailed for trafficking 18 people to scam compounds in Thailand and Myanmar. Malaysian consumers should verify the legitimacy of any direct-selling opportunity and check that companies operating locally hold valid KPDN licenses.
Hyderabad MLM Scam Busted: How The Promise To ‘Earn Crores’ Targets Middle Class
An MLM scam in Hyderabad has been exposed, revealing how promises of earning large sums target middle-class individuals.
QNet Scam: Hyderabad Police Arrest 32 in Multi-state MLM Racket
Moneylife reports that Hyderabad Police have arrested 32 individuals involved in a multi-state QNet MLM racket. Malaysian consumers should verify that any direct-selling company they engage with holds a valid KPDN license and operates transparently.
‘Second income’ trap: How QNet scam targeted techies and cost them crores
The QNet scam targeted technology professionals with promises of second income, resulting in significant financial losses.
32 arrested in massive QNet MLM scam crackdown across three states
Daijiworld reports that 32 arrests have been made in a major QNet MLM scam crackdown spanning three states. Before joining any direct-selling venture, Malaysian consumers should verify the company's KPDN license and check for any regulatory warnings.
Check scam targets direct-sales agents
The News-Enterprise reports that direct-sales agents are being targeted by check scams, highlighting fraud risks in the sector.