CID police of AP file criminal case against KMJ Land Developers India Ltd
The
CID police of the State of Andhra Pradesh filed a criminal case No. 5
of 2011 against KMJ Land Developers India Ltd for indulging in money
circulation scheme in the name of real estate.
One
look at the company's website reveals that it has no registered office
address but has offices in many States across India. The web site offers
EXTRA INCOME, ECONOMIC FREEDOM, and SECURE FUTURE and induces people to
become a member of KMJ family to fulfill your DREAMS. Rings any bell!
Yeah! IT is same like Amway India.
They opened a business centre at Door.No.40-1-82, First Floor, M.G. Road, NTR Circle, Vijayawada – 520 010 and started enrolling members.
The
scheme of the KMJ Land Developers India Limited, (Business Centre) is
1:2 sponsoring scheme. The first person has to sponsor 2 persons and
again these 2 persons have to sponsor 2 persons each and this 1:2
enrollment keep on goes infinite. The person should be enrolled only by
an already enrolled member. The entrance fee of the KMJ Land Developers
India Limited, (Business Centre) is Rs.5,000/- in the name of deposit.
Out of this entrance fee, commissions will be given to all the upline
members. Half of the entrance fee is directly credited to company
account and out of remaining share, half is distributed among the
network/chain members and the remaining is said to be for issuance of an
identity card and some products by the company. Joining a member into
the scheme is treated as sale of products. The person is called
Advisor. The commission on the enrollment of a member will be
distributed from bottom to top of the company.
There
are 12 levels in the scheme of KMJ Marketing. Depending on the
enrollment of every new member not only on his personal efforts but also
on the efforts of his downline members, different titles will be given.
The following table demonstrates the promise of quick or easy money on
the event or contingency applicable or related to enrolment of new
members into the scheme. One left and one right is treated as an Agency.
Sl.No.
|
Name of the Title
|
No. of Persons to be sponsored
|
Promise of easy or quick money in the name of commissions
|
1.
|
Advisor
|
-
|
Kit worth Rs.200/-
|
2.
|
Sales Executive
|
2
|
600/-
|
3.
|
Field Executive
|
4
|
800/-
|
4.
|
Organiser Executive
|
8
|
1000/-
|
5.
|
Marketing Executive
|
16
|
1200/-
|
6.
|
Marketing Officer
|
32
|
1400/-
|
7.
|
Development Officer
|
64
|
1800/-
|
8.
|
Regional officer
|
128
|
2200/-
|
9.
|
Zonal Officer
|
256
|
2600/-
|
10.
|
Zonal Manager
|
512
|
3000/-
|
11.
|
Sr. Zonal Manager
|
1024
|
5000/-
|
12.
|
Executive Manager
|
2048
|
8000/-
|
13.
|
Sr. Executive manager
|
4096
|
10000/-
|
14.
|
Executive Director
|
8192
|
12000/-
|
From 2nd
level onwards, the title holders will get easy money consisting of
benefits of Supervisor and group income which purely depend on the
enrollment of new members into the scheme and not depend on the sale of
products. The promoters pretty well know that if one person enrolls ten
persons, at one point world population will be over and due to
mathematical impossibility crores of peoples will be cheated.
This promise of income is directly related or applicable to the event or contingency relative to enrollment of new members into the scheme.
Already
there are several millions all over the country who became victims of
this easy/quick money racket and lost their hard-earned money. Let us
hope more and more such crooks are brought to book by the CID police of
Andhra Pradesh.
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