Hyderabad City Police’s Special Investigation Team (SIT) has dismantled a large multi level marketing (MLM) scam run by QNet (Vihaan Direct Selling), arresting 32 individuals across Telangana, Andhra Pradesh and Karnataka.
The scheme reportedly targeted IT professionals and young people, luring them with promises of quick and high returns. Authorities said participants were encouraged to invest money under the pretext of earning fast profits, a classic “Get rich quick” model.
Such schemes are illegal under the Prize Chits and Money Circulation Schemes (Banning) Act, 1978 and both promoting and joining them can result in criminal punishment.
Police have warned the public to remain cautious and avoid participation in similar scams, emphasizing the importance of verifying investment opportunities before committing funds.
The SIT investigation continues as authorities probe the network’s operations and trace the flow of funds.
