Thu, Jun 25, 2015, 11:38 AM
Vijayawada police busted a multi-level marketing fraud and arrested four persons, and seized Rs 15 lakh from them. The City Police Commissioner AB Venkateswara Rao said on Thursday that Vijay Eswaran had established QNet firm in Hong Kong and set up branches across India. At Vijayawada, the CP said the arrested had collected Rs 1.16 crore from 134 customers. "Two other accused, Vasudeva Reddy and Gangadhar, are hiding in Dubai," he added. Rao said the modus operandi of the gang is to lure innocent people by offering foreign trips and foreign degrees.