WARANGAL: The district police arrested 11 students, including an IIT, Chennai, student, on charges of promoting a multi-level marketing scheme in the name of e.BIZ.com Private Limited.
Disclosing this at a press conference here on Wednesday, Superintendent of Police V. C. Sajjanar said the prime accused, T. Ayyappa Swamy, 23, a student of Indian Institute of Technology, Chennai, who was among the arrested for promoting a network marketing scheme and cheating innocent students by enrolling them in the scheme.
The accused
Others arrested included: A Bhogaraju, 22, final year engineering student at Sri Venkateshwara Engineering College, Bangalore, N. Phani Kumar, an Aeronautical engineering student, Mohith Manjunath, 21, Rajesh Kumar, 21, Indla Satish, 22, a student of Bio-Technology, J. Chaitanya, 21, Boini Jagan Reddy, 22, Mekala Manoj Kumar, 21, Vivek Agarwal, 21, and Pokala Vikram(21).
Mr. Sajjanar who has been cracking down on network marketing schemes such as Gold Quest and Amway, appears now focused on the e.BIZ.com pvt Ltd.
He said the e.Biz.com was cheating the people offering e-learning with attractive slogans like ‘earn while you learn’, and enrolling students by organising business promotion meetings in hotels.
Source http://www.hindu.com/2008/08/07/stories/2008080753570400.htm
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