Wanted QNet fraud director( V Managing Director Pathman Senathirajah) takes selfie with South Indian superstar Rajnikant

 

Ranjit Mahanti

PATHMAN Senathirajah, the owner and director of the V-group of companies wanted by the Mumbai police in the QNet fraud, was spotted taking a selfie with South Indian superstar Rajnikant. On February 5 around 7pm Pathman posted a picture on Facebook taking a selfie with Rajnikant. As Rajnikant is a superstar from the cinema worls, the selfie went viral. According to reports, at present Rajnikant is in Malaysia for the shooting of his movie Kabaaali. Rajnikant is not involved in any scam but QNet members are using his pictures everywhere.

Pathman Senathirajah is a Malaysia-born businessperson. A lawyer by profession, he started his network marketing career with the direct-selling company QNet in the late 90s. He is now a V-Partner and also heads the ‘V’ as it’s Managing Director. He is wanted by economic offences wing (EOW) of the Mumbai police.

QNet, the controversial Hong Kong-based multi-level marketing (MLM) operator with multiple names (GoldQuest, QuestNet, QNet, QI Ltd and QI group are the better-known names) has finally come under the radar of Mumbai police. Police have registered an FIR against QNet, for allegedly duping thousands of investors by selling them plastic and glass products terming them miraculous objects for treating severe diseases like cancer.

The FIR names five accused, including QNet’s Hong Kong-based founder Dato Vijay Eswaran and Senathirajah. In the Chennai QuestNet chargesheet, Sanathirajah’s brother is also an accused and has been declared absconding. More than 31,500 investors have given their statement against QNet in Chennai.

Court rejects anticipatory bail applications of Padma Bhushan Michael Ferreira in QNet scam

THE special Maharashtra Protection of Interest of Depositors (MPID) Court on Tuesday rejected anticipatory bail applications (ABA) of Padma Bhushan and former world champion of billiards Michael Joseph Ferreira in the multi-crore QNet scam. The Economic Offences Wing (EOW) of Mumbai Police, which is probing the case, had invoked the stringent MPID Act against controversial multi-level marketing (MLM) company QNet.

In February 2014, the Enforcement Directorate (ED) registered a case under the prevention of money laundering act (PMLA) against QNet, Vihaan Direct Selling, Ferreira and QNet founder Vijay Eswaran and three other independent representatives (IRs) of the MLM operator.

The accused which failed to get ABA includes, directors of Vihaan Direct selling (India) Pvt Ltd Srinivas Rao Vanka and Magaral Veervalli Balaji. Director of Transview Enterprises India Pvt Ltd Suresh Thimiri. Malcolm Nozer Desai, who is 20% stakeholder in Vihaan. Ferreira also have 80% stakeholder in Vihaan.

According to media reports, Transview Enterprises is an associate company of Vihaan Direct Selling Pvt Ltd that handles QNet’s multi-level marketing (MLM) operations in India since 14 April 2012. Vihaan Direct Selling, in which Michael Ferreira, the former world billiards champion, owns 80% stake, is a direct selling agent of QNet and had done large financial transactions with Thimiri’s company Transview.

The EOW had booked several accused including Ferreira and five companies related with QNet, under the MPID Act. Until now, the accused were being investigated for cheating and forgery under the Prize, Chits and Money Circulation Schemes (Banning) Act 1978, and for money laundering by the Enforcement Directorate (ED).

In September 2014, EOW of the Mumbai Police Crime Branch has arrested Susan Chatterjee, the former daughter-in-law of Ferreira in connection with the alleged Qnet scam. Police found around Rs 1.70 crore in her bank account, which were earned by Qnet through its binary scheme.

Why is media silent about the Qnet scam?

It's and absolute scam. It's a pyramid scheme, which is an unsustainable business model. Those fools who have already enrolled would act as if they are earning huge through this, just to entice and lure. Once in, you will figure out that you have been made a scape goat and will shamelessly lure people so as to recover the huge sum you paid. Besides losing money, you will eventually lose respect, self-esteem, confidence, become depressed and looked upon as a joker.

Here is the Facebook post I made after a few such encounters:

Scene 1:

While I m casually browsing through books at Landmark or Crossword or while waiting for the bus, some guy would smile at me and start a conversation. He would flatter me and finally with the statement, "let's keep in touch", would ask for my mobile no. I m flattered and would end up sharing my mobile no.

Scene 2:

A few days later, I would get a phone call from this guy whom I met at the bookstore or bus stop. Ha ha ha... All these jokers who called me would exchange pleasantries and then make the next statement "We are actually working on a wonderful business alongside a few people from IIT/IIM and are looking for likeminded people to expand. I think you have the potential and would be a great fit, besides you can make big bucks in a short while." When I ask, could you please explain in detail, the reply would be "It's difficult to explain it on phone. I ll arrange for a detailed session where you can get all your queries answered"

Scene 3:

By mistake I went one such session. The hall or the house where these sessions would be filled with people who had already fallen into the trap along with the newly found scapegoats they would have brought in. And those who had already fallen into the trap of MLM, though desperate inside to sign the next scapegoat would act as if they have made millions. Then, a guy would come on stage with an artificial enthusiasm and shoot out questions like, "What do u do on weekends? Do you think u can survive on your meagre salary? Why not explore options to earn part time, while you continue your regular job? I will show you the way to earn big bucks. You just need to spend half an hour daily or a few hours on the weekend" By falsely hyping all this, those desperate jokers would try to brainwash and make you the next scapegoat. If you don’t agree, 4-5 guys would join together, hype and put a mental pressure to sign up under them. - Do not budge under pressure.

Scene 4: