Adapa Aravind joined QNet again in 2014. In 2017 he give up his IT job to pursue QNet full-time.
As required by QNet’s enterprise mannequin, Aravind bought merchandise every month with a purpose to qualify for commissions.
These commissions by no means got here although, and by 2019 Aravind (proper) discovered himself $28,900 in debt.
$7230 was financial savings Aravind had collected while working within the IT trade previous to signing up with QNet. He borrowed the remaining from his father.
Earlier this week Aravind was present in his dwelling hanging from a ceiling fan.
QNet’s enterprise mannequin is that of your typical MLM autoship recruitment scheme.
New associates are recruited and buy merchandise every month to qualify to earn commissions.
Commissions are paid on these they recruit who additionally buy merchandise every month.
If a QNet affiliate is unable to recruit new associates, losses accumulate over time.
Talking with India Right this moment, Adapa Aravind’s father claims Aravind was depressed over his QNet losses.
Regardless of the corporate’s fraudulent enterprise mannequin, which ensures nearly all of contributors will lose cash, QNet denies any accountability.
Talking with the Occasions of India, QNet claimed info linking Aravind’s monetary losses to his involvement in QNet have been “unfaithful and baseless”.
Indian authorities are investigating the matter as a suicide case. Thus far authorities in Cyberabad have registered thirty circumstances in opposition to the corporate.
QNet operates out of Malaysia however has robust ties to India.
Based mostly on Alexa’s evaluation of the the corporate’s web site visitors, Azerbaijan (16.3%), Algeria (9.7%) and Tanzania (9.1%) are at the moment high recruitment grounds.
Early final month Ted Nuyten’s BusinessForHome celebrated QNet because the poster-child for direct promoting in Turkey.
As per Nuyten’s advertising piece, QNet has “plans for progress and growth of the Turkey market.”