Entries for November, 2011

Speak Asia refuses to share Lahoti Committee news

At 4pm on Monday the 28th November retired Chief Justice Ramesh Lahoti, acting as mediator, and advocates from the Reserve Bank of India (RBI), Speak Asia and Mr. Rajiv, representing panelists sat down for the first closed-door meeting of the Lahoti Committee. The meeting lasted roughly four hours and had one simple purpose, to facilitate [...]

Australian Judge: TVI Express is a pyramid scheme

Roughly a year and a half ago in May 2010, the Australian Competitive and Consumer Commission (ACCC) was succesful in obtaining a court order prohibiting  Laulhati “Teddi” Jutsen, Tina Brownlee and David Scanlon from promoting the scheme, accepting payments from new “members” or paying other participants. Identified as major players in TVI Express’ Australian operations, [...]

Many5 Review: Line up and earn a $5 commission?

Usually when a company has a low entry point they like to promise big returns. These days with the popularity of recruitment based matrix compensation plans it’s not all that uncommon to see multiple opportunities being launched on this promise. These plans almost universally have a joining fee of under $20 and usually promise massive [...]

Speak Asia clamp down on panelists sharing info

Ever since Speak Asia effectively shut down back in May and the company’s management began their exit strategy to disappear overseas with panelists’ money, the company has engaged in an increasingly restrictive public relations campaign waged by the senior panelists of Speak Asia. These senior panelists through the Speak Asia Mobi club blog, Speak Asia [...]

AutoProfitMachine Review: auto-income? Yeah right.

When you visit the AutoProfitMachine website you aren’t really told much. There’s a video that starts playing where some guy called ‘Max’ tells you a story about how he had an idea to generate massive profits on auto-pilot. Max says that in order to get this out the masses he hunted down some programmers and [...]

InstantWealthX Review: Advertising network scam

InstantWealthX was launched sometime early this month (November 2011) by person(s) unknown. The domain ‘instantwealthx.com’ was registered on the 3rd of November and the domain registration information is set to private. From first impressions though, InstantWealthX is yet another internal advertising network recruitment scam. Read on for a full InstantWealthX review.

EOW take AISPA President Melvin Crasto in custody

Hot on the trails of the Enforcement Directorate (ED) charging Speak Asia with money laundering, roughly 2 hours ago or so the All India Speak Asia Panelist Association (AISPA) put out an update on their website stating: In a surprise move throwing caution to the wind the Mumbai EOW has picked up Mr. Melvin Crasto [...]

LocalAdClick Review: Fake classifieds? Scam.

LocalAdClick best in class products, services, and solutions in innovative and cost effective ways. The company owns and operates three divisions: i-SUPPLY which provides easy to use, fully customizable E-commerce services and revenue solutions for any Web site, large or small. LocalAdClick, is a local search directory and advertising network that brings local advertising to [...]

The Rajmani criminal PIL against Speak Asia

Friends it was not Mr. Navneet Khosla who had filed the criminal PIL in Mumbai HC, but it was Mr. Raj Mani. His lawyers have asked for a weeks time to withdraw the criminal PIL which has been granted by the Hon’ble Judge. Now the PIL will be withdrawn next week Information courtesy Aman Azad [...]

That Free Thing loses 25% of members in 4 months

One of the big questions that has loomed over the viability of That Free Things business model has always been whether or not the company provides enough value to keep its members shelling out $9.95 a month. Due to the nature of the offers being ‘free’, the different geo-locations of its members and the personal [...]