Network Marketing/Multi-Level Marketing (MLM)- LEGAL or ILLEGAL? Detailed analysis by Madhav Prakash

Network Marketing/Multi-Level Marketing (MLM)- LEGAL or ILLEGAL? Detailed analysis by Madhav Prakash In this video, you will get to know, is it illegal to join MLM and does it amount to imprisonment. FICCI report compiled by KPMG- https://ficci.in/spdocument/20680/Dir... Direct Selling Guidelines, 2016- https://consumeraffairs.nic.in/sites/... Prize Chits & Money Circulation Schemes (Banning) Act 1978- https://legislative.gov.in/sites/defa... RBI cautions Public against Multi-Level Marketing Activities- https://www.rbi.org.in/commonman/Uplo... 0:00 Introduction 0:48 What is MLM 5:11 Pyramid Scheme 7:55 Ponzi Scheme 9:12 Money Circulation Scheme 10:15 RBI cautions general public against MLM 11:17 Should we join MLM -Video By Madhav Prakash Email Id- themadhavprakash@gmail.com ------------------------------------------------------------- ----------------SUBSCRIBE------------------------ -------------------------------------------------------------