QNet victim loses $28,900, commits suicide
Adapa Aravind joined QNet back in 2014. In 2017 he quit his IT job to pursue QNet full-time.
As required by QNet’s business model, Aravind purchased products each month in order to qualify for commissions.
Those commissions never came though, and by 2019 Aravind (right) found himself $28,900 in debt.
$7230 was savings Aravind had accumulated whilst working in the IT industry prior to signing up with QNet. He borrowed the rest from his father.
Earlier this week Aravind was found in his home hanging from a ceiling fan.
QNet’s business model is that of your typical MLM autoship recruitment scheme.
New affiliates are recruited and purchase products each month to qualify to earn commissions.
Commissions are paid on those they recruit who also purchase products each month.
If a QNet affiliate is unable to recruit new affiliates, losses accumulate over time.
Speaking with India Today, Adapa Aravind’s father claims Aravind was depressed over his QNet losses.
Despite the company’s fraudulent business model, which guarantees the majority of participants will lose money, QNet denies any responsibility.
Speaking with the Times of India, QNet claimed information linking Aravind’s financial losses to his involvement in QNet were “untrue and baseless”.
Indian authorities are investigating the matter as a suicide case. To date authorities in Cyberabad have registered thirty cases against the company.
QNet operates out of Malaysia but has strong ties to India.
Based on Alexa’s analysis of the the company’s website traffic, Azerbaijan (16.3%), Algeria (9.7%) and Tanzania (9.1%) are currently top recruitment grounds.
Early last month Ted Nuyten’s BusinessForHome celebrated QNet as the poster-child for direct selling in Turkey.
As per Nuyten’s marketing piece, QNet has “plans for growth and development of the Turkey market.”