Sri Lankan Lotus Marketing A Scam
April 7, 2008 | By Monika Mundell | 1 Comment »
Apparently a new division of the banned MLM target="_blank" rel="nofollow" href="http://gobala.linktrackr.com/buildingonabudget-mlmrkeywords">MLM company QuestNet by the name of Lotus Marketing is being opened in Sri Lanka as we speak. After being banned from Sri Lanka after allegedly draining millions of dollars from the country’s foreign exchange, the company quietly packed up their belongings and reinvented itself under a new disguise.
Further allegations state that QuestNet also abandoned all their IRs without trying to rectify the accusations of the Sri Lankan government. This alone is cause for major alarm bells to ring, since any respectable company would put up a fight on behalf of their distributors, because they are the backbone of any MLM company.
This wasn’t so apparently and now there is a hefty discussion going on in a Sri Lankan forum. Many refer to Lotus Marketing and QuestNet as a Pyramid scheme and from what I’ve heard, this looks rather likely.
Another worrying point is that their website is still under construction despite the fact that they actively sell and recruit people. This just shows that you should never pay anybody any money to join a company until you have at least done your research.
Talk to third party people and try to seek out existing distributors from the company you are trying to be involved with.
Your pocket will thank you for it.
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QuestNet starts there business as Global Life Style lanka(pvt)Ltd
Did you hear about pyramid scam in Sri Lanka? Sri Lankan government banded GoldQuest belongs to QuestNet & Lotus Markiting. They are starts business as Global Life Style lanka pvt Ltd in Sri Lanaka and they open new office at No. 403, Dupplicatoin Rd, (Kollupitiya), Colombo 03(near the Commercial Bank). They starts sell SOLO products…(This time not Gold Coin,Bio Disk, Pendent etc…) belongs to QuestNet and few training seminars held top hotel in Colombo. Go to http://www.questnet.com,www.lotus-mktg.com or http://www.globallifestyle.lk to check there products. QuestNet is illegal company in Sri Lanka and that’s why they came hear register as new name. Some sales refs (He is also Buyer) start secret training seminars all over the country. They also told me there is a 6000 active people already in their network.
Central bank said early pyramid scam in QuestNets GoldQuest product drained US$ 15 million in foreign exchange from our country. I heard some government officers help to establish Lotus Marketing Company & Global Life Style Lanka in Sri Lanka. Actually 99.00% people in Sri Lanka lost there money by spending this pyramid scam.
So please find this and get actions against this scam to protect innocent Sri Lankans.