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Is QNET is a pyramid scheme?

Is QNET is a pyramid scheme?

According to Wikipedia, QNet’s business model has been described as a simple pyramid scheme, where initial entrants to the scheme do make money, but as the number of IRs increase, finding more independent representatives (IRs) becomes harder and harder, until those that join late are unable to recover even their …

Why QNET is not a pyramid scheme?

QNET is different in a few very important ways. QNET offers no commission for recruiting – IRs only make money from direct selling. Finally, pyramid schemes are buyer beware – those who spend money will never get it back, even if they have a legitimate complaint. QNET offers refunds when warranted.

Is QNET MLM business?

QNET is NOT an investment scheme or a job opportunity. It is a legitimate direct selling business where you only pay money to purchase products. If you are interested in becoming a distributor of QNET products, you can sign up as an Independent Representative (IR) through our e-commerce portal at www.qnet.net.

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Are QNET products fake?

Business experts say QNET is a multi-level marketing company and its business model is illegal in India. One of my friends in Kalpakanchery in Malappuram named Mujeeb Rahman lured me into investing in QNET offering high commissions for selling its products.

Is QNET a legit business?

Stringent Legal Systems. QNET does business in and has offices in countries such as Singapore, Hong Kong and Germany that are known the world over for having a strong regulatory system and consumer protection laws. In fact, these countries also recognise the direct selling business as a legitimate industry.

Who owns QNet?

QI Limited
QNET/Parent organizations

Is QNET a genuine business?

SCAM COMPANY QNET is a legitimate direct selling company offering a wide range of products in the area of health, wellness, lifestyle, and education through an e-commerce platform.