IX global scam and serial scammer

Financial and Political impropriety: IX Global, a Multi-Level Marketing Company, raises concerning questions. With Rs. 50 Crores as estimated monthly profits, Regulation of Direct Selling Industry by the Government also comes into picture. IX Global , A Utah based company is running a multi-level marketing business in India with a product, ‘education services for trading’, indirectly not permissible by the authorities. Their customers say that they feel ‘manipulated’ by the company’s promoters. The COVID-19 affected economy has led to many scammers coming up with ‘economically promising’ schemes which the people fall prey to. IX Global is suspected to be one such scheme according to a complainant who has lodged a formal complaint with the police against the company in Mumbai. “IX Global projects itself in the disguise of an economically fancy scheme and misuses the current economic condition to pitch its fraud scheme to the people.” said the complainant. The complainant also s...

Financial and Political impropriety: IX Global, a Multi-Level Marketing Company, raises concerning questions .   With Rs. 50 Crores as estimated monthly profits, Regulation of Direct Selling Industry by the Government also comes into picture. IX Global, A Utah based company is running a multi-level marketing business in India with a product, ‘education services for trading’, indirectly not permissible by the authorities. Their customers say that they feel ‘manipulated’ by the company’s promoters. The COVID-19 affected economy has led to many scammers coming up with ‘economically promising’ schemes which the people fall prey to. IX Global is suspected to be one such scheme according to a complainant who has lodged a formal complaint with the police against the company in Mumbai. “IX Global projects itself in the disguise of an economically fancy scheme and misuses the current economic condition to pitch its fraud scheme to the people.” said the complainant. The complainant also said...