Friday, 12 April 2013

Stop-These-Software-Companies-Helping-MLMs

Huge discussions and allegations of corporate fraud are being thrown up to the open world. One one hand, we come across press notes and blogs ripping apart opportunistic people like Shyam Sundar from the Corporate Frauds Watch who according to them approach their potential "prey" seeking money to keep quiet. On the other hand, there is a huge list of software companies thriving on this lucrative businesses. Just search for "MLM Software" in the internet and you'll come acrosss these companies.

My question is, with this open information available, what is being done. At one point of time, i'll also invite Mr Shyam Sundar for his valuable comments since he seems to be knowledgeable on this subject for what ever reasons.

Here is the list of software companies and their websites that I found out:

1. http://www.indiamlmsoftware.in/
2. http://www.dnbmlmsoftwaresolutions.com/
3. http://awapalsoftwares.com/
4. http://www.sysfosolutions.com/
5. http://www.ariestechsoft.net/mlm-software-development.php
6. http://www.rancorinfotech.com/mlm_software_develpment.html
7. http://www.yoursolutions.net/
8. http://smarthitech.in/
9. http://alpssoftech.com/
10. http://infinitemlmsoftware.com/
11. http://www.sankalptech.com/
12. http://mlm.globalsolutionit.com/
13. http://www.antasoft.com/mlm-solutions/mlm-software-solution/
14. http://www.aajtakinfotech.com/mlm-software-solution.html
15. http://www.mlmsoftwaresolutions.com/
16. http://www.itworldindia.com/mlm-website-development.html
17. http://www.hivish.com/Default.aspx
18. http://www.m4mlm.com/about-m4mlm.asp
19. http://www.maxtratechnologies.com/
20. http://zaidsoft.com/iMLM/mlm_software.html
21. http://www.binarysoft.com/multi_level_marketing_mlm.html
22. http://www.ajsquare.com/products/matrix/features.php
23. http://www.mlm4india.com/

Action being taken on these companies first, who are driving and promoting the MLM Software. Automatically, things will start falling in place. We are gathering more information about similar companies and will proceed against them too. This way, we can achieve more progress than Shyam Sundar whose ideologies and actions seem doubtful.

This is how we go all out against an issue. Request you to kindly wait till we post more information on the progress of the above.

The "Real & True" Corporate Frauds Watch - The Ethical Corporate Frauds Watch

Friday, 15 March 2013

Corporate-Frauds-Watch-Shyam-Sundar.. Who is He??

Probably, some of you might be wondering of a person called Shyam Sundar and his activities pertaining to some companies like Amway, NMart, Herbalife, Abhaya Gold and Akshaya Gold recently..

Initially, I too was following closely on what he was stating until I came across this article on the internet: interesting online article on corporate frauds watch and shyam sundar. 
This article also states that he is a journalist-cum-attorney from vijaywada - a small Agri based and Small Scale Industry based town in the state of Andhra Pradesh. It also has industries around Paper, Trading, Automobile Parts, Agri Produce such as Mangoes and Chillies, a very big Education destination, Gold Coverings (guilt gold or fake gold) and a jewellery hug. Having a port close by. Vijaywada is one of the biggest railway junctions in South India.





Unwrap of Corporate Fraud Watch
Corporate Fraud Watch India has been unwrapping MLM business in India since a long
time, Shyam Sundar and his alias being unwrapped
Manhattan, Sep 09, 2012 -- Corporate Fraud Watch in India is being said to be run by
an Indian man Mr.Shyam Sundar Mathan located in the Vijaywada  of Andhra
Pradesh. He has been unwrapping the truths of things lying under the beds of
Network marketing, In my resent days i'v been following this man's post and came to
know the fact behind it, Shyam Sundar almost a 59yrs old man who is a Journalist
cum an Attorney from his state. His main fight and battle is against the operations of
MLM companies. He said in his few statements that he has forced many companies
including Amway, RPM companies to flee out of the state of Andhra just on a fight
by putting Money Circulation Act, which is banned in India under the 1978 act.
Shyam Sundar recently got at the back of one more company which claimed to be the
fastest growing Retail chain of India and having their presence at almost 150 stores
located all over India, with having more than 1.5 million loyal members under the
networking scheme, which provides each of their customers at least Rs.220 (about $
3.5 of free purchase) every month for 48 months of their joining plus the company
gives Rs.1,500 ($ 27) credit purchase to all their registered clients, which they can
pay in the next months before every 10th day of the Month till next 48 months,
registration fees of this networking is stated to be only Rs.5,500 ($ 100). Comparable
amount which coming as a freebees in India is very high if the growth of an Indian
economy is compared, in addition the company gives a Suit length clothing to all
their members who register with them which covers almost 60% of their paid value
on day one. If a member purchase of more than Rs.72,000 ($ 1,300) in total 48
months, company claims they will credit the members account with additional
Rs.11,000 ($ 200) worth of credit purchase to their account.
Shyam Sundar a person fro Corporate Fraud Watch filed a complaint against the
company named Nmart based in the west part of India in the city called Surat, Shyam
Sundar and his alias locked their hands with the Local police in their district and
logged a complain against the company, just within a couple of days, the CMD and
his wife were being picked by the police of Andhra without giving or getting any
permission of the local police or court of the companies network place in Surat, in
judgment the other court in Mumbai gave a Bail to the CMD of the company stating
that the arrest was not properly done through the legal process and can be called as
Kidnapping of a person from his/her won premise.
Shyam Sundar at present have put a question mark on companies totaling 3,000+
Page 1 of 3
employees who work at their 150 stores all around India, their salaries are at risk as
Shyam and his alias have put the companies bank account to freeze putting the 1978
act of banning of money circulating scheme.
When contacted to Amway spoke person, their female executive gave a comment
stating not to disclose her name, she said Shyam and his alias are strong net workers
to turn either peoples mind by not to buy or not to get in connections of multinational
and networking company as well as if any companies network goes strong in to their
area, they will just log a complaint in their designated area called Kandkuru whose
Superintendent of Police has a good terms with this association, and once the
complaint is logged the Police works starts in less then hours, they will start arresting
the companies main holders, directors and not only that they starts arresting their
employees too, in recent they arrested a store manager from the grocery store as these
people were not able to find any official from the company. The fact also being found
that after the arrest of these people, Shyam his alias and the police start torturing the
suspect in the police station to log a new complaint by an Employee or the manager
against the company so that their cases starts getting strong.
A person near to Shyam, stated that this is what he is doing since many years as he
previously use to be a clerk at a reputed law firm of the town, he learn some laws
staying at that firm and started his own organizations to ban them in the state or by
giving them a threat of shutting down their shutters, but at the end he looks for his
own benefit of getting some bundles which he can share with his people and some of
his police members. The same fact we found from an Amway spoke person that
before making a complaint this man filed a small FIR to a police station somewhere
in Andhra, and later the police started investigating the case and Shyam and his alias
asked for negotiation with the company on basis of company pays them certain
amount and they will take back the issue out of the court. As most companies comes
from the other part of the world they have their own restrictions and such
negotiations cannot be done as per the law.
Finally what the fact behind is Shyam and his Alis with their police friends are
simply trying to make money out of the rich bank accounts of the company in the
name of supporting the poor, but the fact remains that "they are taking the money
which belongs to the poor' not only by taking negotiation money from the companies
but also by putting many employees jobs at risk.
Nancy Roberts,
New York






Wednesday, 16 January 2013

HSBC bosses agree to pay $1.9 billions fine and are put on probation

http://www.bbc.co.uk/news/business-20673466

UK-based HSBC bank is the biggest in Europe (by market capitalisation). It declared pre-tax profits of $12.7bn for the first half of 2012.


After an astonishing US Senate investigation (published earlier this year, 2012) concluded that  HSBC had 'been a conduit for drug kingpins and rogue nations,' the current bosses of HBSC have now announced that they have agreed to pay the US authorities a staggering $1.9 billions (the largest penalty ever imposed on a bank) to avoid facing money laundering charges. This means that although some of the most-serious financial crimes imaginable have been committed by certain corporate officers and employees and HSBC, no individual or corporate structure will face the slightest criminal charge. Although, financial penalties imposed on banks for perpetrating crimes have been described as'fines' it would, therefore, be a far more accurate use of English to describe these payments as 'expenses.' Indeed, I am reliably informed that, since financial penalties imposed on banks reduce their profits, they are tax-deductible.

In the case of HSBC, and various other banks which continue to be caught engaged in large-scale money laundering, these jaw-dropping events are particularly baffling, since large-scale money laundering is, by its very nature, always part of a pattern of major racketeering activity (as defined by the US federal Racketeer Influenced and Corrupt Organizations Act, 1970), in that large-scale money-laundering is the process of using labyrinths of legally-registered corporate structures, generally pursuing lawful enterprises, to disguise the proceeds of ongoing major organized crime so that this money cannot be linked to unlawful enterprisesIndeed, US RICO legislation provides severe penalties ($250 000 fines and 20 years prison, per racketeering count) for all persons (including attorneys and bankers) proved to have been engaged in a pattern of ongoing major racketeering activity. Yet, predictably, RICO has not yet been invoked by US prosecutors, and the latest bosses of HSBC and their attorneys, have simply been allowed to pretend that the bank's was only guilty of having 'poor money laundering controls' which they are now in the process of reforming. Oh, and they have offered their 'apologies.'



We accept responsibility for our past mistakes... We have said we are profoundly sorry for them.' Current HSBC group CEO, Stuart Gulliver.

Somewhat belatedly, HSBC officials have recently said that they have reserved $290 millions to improve their money laundering controls and that they have taken back some 'bonuses' (payments linked to unlawful profits) paid to senior executives in the past.
HSBC has also announced that it is due to reach a similar (deferred) criminal-charge avoidance agreement with the UK's Financial Services Authority. Indeed, last month HSBC said that it had set aside $1.5 billions to pay for any settlement or fines.


This latest HBSC news followed the announcement of a similar settlement with UK-based Standard Chartered bank. Its bosses have so far agreed to pay $300m in fines for violating US sanctions.


Ironically, the regular sale to banksters of what are effectively 'Get of Jail' cards, has been described as being part of a 'crackdown on money laundering and sanctions violations being led by federal government agencies and New York state authorities,' following the release of a report by the US Senate which concluded that:
  • 'HSBC in the USA had not treated its Mexican affiliate as high risk, despite the country's money laundering and drug trafficking challenges'
  • 'The Mexican affiliate had transported $7billions in US bank notes to HSBC in the USA, more than any other Mexican bank, but had not considered that to be suspicious'
  • 'HSBC had circumvented US safeguards designed to block transactions involving terrorists drug lords and rogue states, including allowing 25,000 transactions over 7 years without disclosing their links to Iran'
  • 'HSBC had provided US dollars and banking services to some banks in Saudi Arabia despite their links to terrorist financing'
  • 'In less than 4 years HSBC had cleared $290m in obviously suspicious US travellers' cheques for a Japanese bank, benefiting Russians who claimed to be in the used car business'
The report suggested that it was obvious that HSBC accounts in Mexico and the USA were being used by drug barons to launder mountains of cash. Interestingly, other qualified-observers have suggested that bank officers became blinded to reality in a desperate attempt to generate profits after making catastrophic investments in Mexico. However, the Senate report also stated that HSBC regularly dodged restrictions on dealings with Iran, North Korea and other states subject to US trade sanctions. 
Thus, HSBC bosses were more than happy to sign a 'Deferred Prosecution Agreement' in which they have effectively been placed on probation after effectively pleading guilty to a corporate-breaching of the 'US Bank Secrecy Act' and the 'Trading with the Enemy Act' as well as to committing a catalogue of money laundering offences. Yet had HSBC been indicted for any of these offences, then the US (and other) government(s) automatically would no longer have been permitted to conduct business with the bank.
Bob Werner

In a predictable move reminiscent of 'MLM Income Opportunity' racketeers, HSBC has announced that it has now bought the services a former senior US federal regulator who will work as 'Head of Financial Crime Compliance' (a post which, tellingly, did not exist previously).



Until recently, Bob Werner headed the US Treasury's Office of Foreign Assets Control (OFAC) - the agency responsible for enforcing US sanctions on countries including Iran.













David Brear (copyright 2012
 
 

Herbalife Side Effects


Some people experience unpleasant side effects when using various Herbalife products.


Bloating:


If you experience bloating, try changing the portion size to reduce this feeling. Enjoy healthy snacks during the day and smaller meals to assist your digestion. If you are using the shake mix as a meal replacement you may want to reduce the portion size or frequency.


Dry Mouth:


Some people report that their mouth is dry after black or fruit tea. Detox products often produce thirst so you can try increasing your intake of water. Dryness from using the shakes can be caused by acid reflux since it contains guar gum and psyllium husk. These have expanding properties, which can cause reflux. Guar bean is high in protein and oil and guar gum is used worldwide in many beverages, foods and supplements. In significant quantities, guar gum dehydrates the body and can cause some serious side effects. However, it is regulated by the FDA who only permits extremely small quantities of it in food. Guar gum in the shake mix is used to emulsify or bind the particles and has been determined to be of insignificant quantities.


Heart Palpitations:


Palpitations may be from caffeine sensitivity. The tea does have caffeine in it so you could either stop using the tea or eventually you will get used to caffeine and the palpations should recede. The shake mix does not contain any caffeine.
In the nineties it was found that Ephedra caused increased heart rate and Herbalife discontinued using Ephedra in any of its products.


Upset Stomach, Headache and Fevers:
In the first few days, many years of accumulated toxins and waste in the body begin to be expelled. Diarrhea, headaches, fever or nausea can arise.
These are temporary symptoms and will subside whether you continue the diet or not. The discomfort is not very common but happens to some people. Once you are detoxified you should feel great however. The body has toxins or free radicals surrounded by fat molecules, and when burning these fat molecules, the toxins are released into the bloodstream for elimination. They circulate through the body and are filtered out by the kidneys and liver. This can take up to 2 weeks. Areas where toxins and pollutants are expelled from the body can display reactions. You can first use a detoxification program to cleanse your system before starting the weight loss program if you wish.
Unpleasant-Smelling Urine or Perspiration:
This is another possible reaction to the body cleansing that is not caused by the products, but the waste you are cleaning out. The products are working just as they should.


Allergic Reaction and Blocked Sinuses:
People who are very allergic to fish need to know that some Herbalife products contain fish oil. See a medical specialist to determine if this is an allergic reaction. Sinuses are especially sensitive because they are soft tissue. Sinus irritations should clear in 1 to 3 weeks but if they get worse, discontinue using the product and consult a medical professional.


Malnutrition:
Beware of nutrient deficiency when losing weight. The Herbalife ShapeWorks program recommends that along with the 2 shakes and one healthy meal, you should add the Multivitamins and Cell Activator to ensure that you are getting enough nutrition. Cell Activator helps increase your nutrient absorption from food.


Stimulants:


Caffeine in green tea is not the same as in coffee. It is slower-acting and has a calmer quality. But if you feel too stimulated try half a cup instead of a whole cup for a while.


Swollen Legs:


This might indicate an allergic reaction to an ingredient in the Herbalife products. Please show your doctor the product labels and ask his advice. It would be best to discontinue using the product until you know what the cause of your swelling is.


Stomach Acidity:



If you are using Cell-U-Loss, try discontinuing it and see if that reduces your symptoms. If so, then Cell-U-Loss is not for you. If acidity persists when you are not taking it, there is some other cause. Cell-U-Loss contains 3 ingredients which may be causing the acidity: Apple Cider Vinegar, Vitamin C and Iron. It also contains herbs that have diuretic properties such as couch grass and corn silk extract.

Pregnancy:


Total Control (the metabolism booster) carries a warning to not be used by the pregnant, lactating (or those that want to get pregnant). Rapid weight loss and stimulants during breastfeeding can release too many toxins into your blood stream and thus into your milk. This can cause a decrease in your milk supply and be unhealthy for your baby. Avoid the stimulants in Total Control and the Herbal Tea, which contain caffeine. Herbalife products have nutrition labels that show warnings to guide women who are pregnant, nursing or who may become pregnant.


Rashes:





These are the most commonly reported side-effects that happen when the body is de-toxifying. Redness, blotchy skin and irritation can arise. Your skin being the largest organ, has the most cells to repair and also discharges toxins. It takes about 2 weeks to cleanse the blood stream and during this time the departing toxins can be irritating. Exercise produces sweat and will release toxins that can irritate the skin. Herbal Aloe Soothing Gel can provide symptomatic relief.


General Detoxing Effects:


It is very well known that at the beginning of a diet or fast there may be some adverse side effects. These usually subside within a few weeks however. If you detoxify for a few days using plain water, fruit or vegetables you will also experience some side effects. When we have better nutrition, or when toxic substances such as coffee, tea, chocolate, tobacco, salt, and pepper are discontinued, amazing changes take place. Our bodies discard the lower grade materials and tissues to make room for newer, healthier ones.
Weight Gain:
An ideal weight-loss rate is between 3 and 5 pounds per week. If you lose weight gradually and are getting proper nutrition, it will stay off. Moderate exercise like walking is necessary to get the fat burning process going. Adequate hydration (drinking water regularly) is essential to flush the toxins.
Do not try to stop any Herbalife side effects by taking drugs. Either let the healing take its natural course or stop using the product if you experience an allergic reaction.

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If you’ve just started taking Herbalife to lose weight, or you’re considering it, you may be wondering if there are any Herbalife side effects. It’s a reasonable question for anyone who is unfamiliar with the program.
Herbalife has a broad product range for health, nutrition and weight loss. The core product offering is the Formula 1 Nutritional Shake Mix. This is a protein based shake mix designed to be used as a meal replacement. The program also includes certain herbal supplements and vitamins to target specific weight loss needs, such as supporting metabolism, reducing fluid retention, burning fat and building energy.


Herbalife Side Effects


Certain ingredients in some of the Herbalife products may cause Herbalife side effects for various people. Fortunately the USDA requires that any such warnings be included on the Herbalife product labels. Herbalife aside, you should always inspect the product label for any over the counter weight loss supplement.
Here are three ingredients that could possibly cause side effects:

Caffeine – Some Herbalife products contain caffeine as a metabolism booster. Caffeine can cause nervousness, headaches and higher blood pressure. A typical cup of coffee has about 85mg of caffeine per cup. Per serving, Herbalife teas, tablets, and effervescent products have between 65-75 mg of caffeine per serving. If you are allergic to caffeine you should avoid the products that include caffeine. Some of these are: N-R-G Tablets and Liftoff energy drink. Check the product labels on other products for the ingredients.
Protein and/or Soy – Some people are allergic to concentrated protein. Although the body has protein in our cells, the problem occurs when too much protein upsets the balance in the body’s ability to process protein. Again, check the product labels for each Herbalife product you are considering.
Shellfish – According to Herbalife certain products contain shellfish, so if you are allergic to shellfish, you may want to avoid these products:



Herbalifeline®, Tri-Shield®, Joint Support.


Herbalife side effects should not be confused with the normal detoxification process our bodies go through as a result of the healthy nutrients we’re now consuming. Also, consider the side effects from prescription drugs. Just listen to the end of any commercial or read the small print. It can be enough to scare you half to death! So, put any Herbalife side effects that you may experience into perspective.
Something else to consider when discussing Herbalife side effects is that especially for children and pregnant or lactating women, you should consult a physician or dietitian before considering any weight control program.

Finally, when your body becomes dehydrated, it can cause numerous side effects. As with any weight loss program, it is important that your body does not become dehydrated, so as you begin your weight loss program, it is important to consume enough water throughout the day.
Source: Blog healthy diet online