Comments
please forward your complain mentioning the complain number to [protected]@strategyindia.com
Reply
Respected Sir,
I am a policy holder of Future generaly india life insurance co.which sells by the AWM known as
the Accresent Way of Marketing head office at guahati which promised to double the money every month for the period of 15 months. Eversinceit was join i.e.from august 13 till now, no cheque has beenissue so far, I respectfully request you to kindly take concern in this matter.
I am a policy holder of Future generaly india life insurance co.which sells by the AWM known as
the Accresent Way of Marketing head office at guahati which promised to double the money every month for the period of 15 months. Eversinceit was join i.e.from august 13 till now, no cheque has beenissue so far, I respectfully request you to kindly take concern in this matter.
Read it carefully,
A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned. The Ponzi scheme usually entices new investors by offering returns other investments cannot guarantee, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors to keep the scheme going.
The system is destined to collapse because the earnings, if any, are less than the payments. Usually, the scheme is interrupted by legal authorities before it collapses.
One reason that the scheme initially works so well is that early investors — those who actually got paid the large returns — commonly reinvest their money in the scheme (it does, after all, pay out much better than any alternative investment). Thus, those running the scheme do not actually have to pay out very much (net)—they simply have to send statements to investors showing them how much they earned by keeping the money, maintaining the deception that the scheme is a fund with high returns.
For more TYPE PONZI in google bcause he(Charles Ponzi) inventor, godfather, biggest SCAMSTER financial investor fraud in history.
Another Company : Fineindia with Bajaj Allianz Life Insurance Company Ltd. (www.fineindia.net) goto the refund option.
A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned. The Ponzi scheme usually entices new investors by offering returns other investments cannot guarantee, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors to keep the scheme going.
The system is destined to collapse because the earnings, if any, are less than the payments. Usually, the scheme is interrupted by legal authorities before it collapses.
One reason that the scheme initially works so well is that early investors — those who actually got paid the large returns — commonly reinvest their money in the scheme (it does, after all, pay out much better than any alternative investment). Thus, those running the scheme do not actually have to pay out very much (net)—they simply have to send statements to investors showing them how much they earned by keeping the money, maintaining the deception that the scheme is a fund with high returns.
For more TYPE PONZI in google bcause he(Charles Ponzi) inventor, godfather, biggest SCAMSTER financial investor fraud in history.
Another Company : Fineindia with Bajaj Allianz Life Insurance Company Ltd. (www.fineindia.net) goto the refund option.
Ashok Sheregar, who had set himsel[censored]p as the managing director of Ashankur Finance and Investments Private Limited, Dadar, was released on bail along with four or five agents and 69 sub-agents.
On November 7, 1997, Michael DSouza, a BEST cleaner, was arrested by the Mumbai police General Branch in connection with the Vaibhavlaxmi scheme floated by Sheregar. As per the scheme, investors were promised double the investment in two months. DSouza, an agent, had collected Rs 67.4 lakh and earned nearly a lakh in commission. The total amount collected by the promoter and agent was Rs 18.6 crore.
On September 2, 1999, 61 people, including Sheregar, were charge sheeted by the police for allegedly cheating several people of their money by promising them huge returns.
Police arrested and released on bail Shrikant Dhole, who was the agent for the Mahalaxmi scheme.
Also out on bail is Gurunath Harpale, agent for the Dhanvarsha scheme.
On December 3, 1997, a woman police constable and a male colleague beat up a brother of one of Sheregars agents at Dadar in a bid to get back invested money.
On January 2, 1999, an agent, Prakash Narvekar, was kidnapped and believed to be murdered. Narvekar had been arrested and released on bail.
On November 7, 1997, Michael DSouza, a BEST cleaner, was arrested by the Mumbai police General Branch in connection with the Vaibhavlaxmi scheme floated by Sheregar. As per the scheme, investors were promised double the investment in two months. DSouza, an agent, had collected Rs 67.4 lakh and earned nearly a lakh in commission. The total amount collected by the promoter and agent was Rs 18.6 crore.
On September 2, 1999, 61 people, including Sheregar, were charge sheeted by the police for allegedly cheating several people of their money by promising them huge returns.
Police arrested and released on bail Shrikant Dhole, who was the agent for the Mahalaxmi scheme.
Also out on bail is Gurunath Harpale, agent for the Dhanvarsha scheme.
On December 3, 1997, a woman police constable and a male colleague beat up a brother of one of Sheregars agents at Dadar in a bid to get back invested money.
On January 2, 1999, an agent, Prakash Narvekar, was kidnapped and believed to be murdered. Narvekar had been arrested and released on bail.
have not received my referal cheque for the month of november2009.I found my name in the list of referal cheques in behala branch but there was no cheque in favour of may name (swarup ghosh).so i request to awm official to take proper step in this regards.thank you
HELLO, I M AMIT DEY FROM KOLKATA. I WANT TO STATE THAT A.W.M (Accresant Way Marketing) PROMISES EVERY POLICY HOLDER TO DOUBLE THE MONEY EVERY MONTH FOR THE PERIOD OF 15 MONTHS. IF IT IS SO, THEN WHY DON'T THEY OFFER TO THE INDIAN FINANCE MINISTER (PRANAB MUKHERJEE) TO DO THAT. AS HE WOULD INVEST THOUSAND CRORE OF RUPEES FOR THE BETTERMENT OF THE INDIAN CITIZENS.
Hi Mr. Guchait,
I dont agree with what Mr Amit had mentined in his comment, but you have compared business with lottery, even that is not acceptable. A cost of lottery ticket could not be more than Rs. 100 and there is a question of luck attached to it. But in business its how much hard work you are putting into with a hint of luck and timing which matter most. I believe AWM is a business investment but of course not a LOTTERY TICKET.
Jay
I dont agree with what Mr Amit had mentined in his comment, but you have compared business with lottery, even that is not acceptable. A cost of lottery ticket could not be more than Rs. 100 and there is a question of luck attached to it. But in business its how much hard work you are putting into with a hint of luck and timing which matter most. I believe AWM is a business investment but of course not a LOTTERY TICKET.
Jay
Thanks Jay,
Sorry if my writing has created some misunderstanding ...
definitely AWM is not a Lottery ... and i too didnot mean it to be portraied like that .
It's a wonderful opportunity, and people who are in it actually knows the potential.
Sorry if my writing has created some misunderstanding ...
definitely AWM is not a Lottery ... and i too didnot mean it to be portraied like that .
It's a wonderful opportunity, and people who are in it actually knows the potential.
Respected Sir,
I am a policy holder of Future generaly india life insurance co.which sells by the AWM known as
the Accresent Way of Marketing head office at guahati which promised to double the money every month for the period of 15 months. Eversinceit was join i.e.from december 17, 2009 till now, no cheque has beenissue so far, I respectfully request you to kindly take concern in this matter
I am a policy holder of Future generaly india life insurance co.which sells by the AWM known as
the Accresent Way of Marketing head office at guahati which promised to double the money every month for the period of 15 months. Eversinceit was join i.e.from december 17, 2009 till now, no cheque has beenissue so far, I respectfully request you to kindly take concern in this matter
Respected Sir,
I have done a life insurance with future generally till sept 2009 whose corporate agent AWM(Accresent way marketing) was supposed to double the money every minth for the period of 15 months. But I had receive only one cheque till date. But what about the next cheque. there is no information regarding this matter. For a ong period of time its web site is under construction. I would request you to kindly look into the matter.
I have done a life insurance with future generally till sept 2009 whose corporate agent AWM(Accresent way marketing) was supposed to double the money every minth for the period of 15 months. But I had receive only one cheque till date. But what about the next cheque. there is no information regarding this matter. For a ong period of time its web site is under construction. I would request you to kindly look into the matter.
I am a policy holder of Reliance life Insurance Saviour Plan which is being marketed by AWM known as the Accresent way marketing with head office at Guwahati. I paid Rs.6070/- initially and I was promisied that I will be receiving cheques every month, the 1st month's cheque bing a cheque of Rs. 100/- followed by Rs. 200/-, Rs. 400/- 800/- and so on. The commencement date of my policy is January 18, 2010. It is almost April and I have not received a single cheque as yet. What is the whole point behind making such false promises. This issue needs to be made public so that people think twice before investing. Please do the needful so that people receive cheques in proper time otherwise we need to think in some other terms.
Dear all AWM associates
We read all ur comments on consumer complaint.in. Someone like Mr. Amit is telling against of the plan where someone like Mr Guchait just favouring it. But none has the proper idea about the companys previous track. It is very unfortunate 2 say abt AWM. We have started the plan from Aug 2008 since its inception in Assam. we were also told and guided as like u. everything was ok upto april 2009 but suddenly the co has started some malpractice with the last participants by telling the less growth. and from july onwards co just stopped the payments of everyone of this region. for which lacs of people are suppose to loose their huge capital some investment with this co. they are just doing the same thing with u. We r fighting for last 8 months to get back the minimum capital investment of our associates. Mr Tapas Debnath is a real fraud and just going 2 leave u in the some problem within a very short period. Also just be aware of the stupid fellow Hafizur rehaman [riju]. This is nothing but a PONZI scheme can only survive by betraying one region after another.
We have filed a case against the co on 11 feb 2010. case no. 78/2010, 420 under IPC act. For which company's all bank accounts had been ceased by the authority. U can investigate it 4 ur satisfaction. So it is the right time to awake and stand to make a strong protest to save all the innocent investors. Our slogan for all innocent investors " JAGO GRAHAK JAGO ".
We read all ur comments on consumer complaint.in. Someone like Mr. Amit is telling against of the plan where someone like Mr Guchait just favouring it. But none has the proper idea about the companys previous track. It is very unfortunate 2 say abt AWM. We have started the plan from Aug 2008 since its inception in Assam. we were also told and guided as like u. everything was ok upto april 2009 but suddenly the co has started some malpractice with the last participants by telling the less growth. and from july onwards co just stopped the payments of everyone of this region. for which lacs of people are suppose to loose their huge capital some investment with this co. they are just doing the same thing with u. We r fighting for last 8 months to get back the minimum capital investment of our associates. Mr Tapas Debnath is a real fraud and just going 2 leave u in the some problem within a very short period. Also just be aware of the stupid fellow Hafizur rehaman [riju]. This is nothing but a PONZI scheme can only survive by betraying one region after another.
We have filed a case against the co on 11 feb 2010. case no. 78/2010, 420 under IPC act. For which company's all bank accounts had been ceased by the authority. U can investigate it 4 ur satisfaction. So it is the right time to awake and stand to make a strong protest to save all the innocent investors. Our slogan for all innocent investors " JAGO GRAHAK JAGO ".
Accresent Way Marketing, Guwahati — Non payment of return and invested money
As promised by Mr Zamil Ahmed an Agent of Accresentway marketing (AWM), Gwahati, i invested more than 2 lakhs in the name of my relatives. He promised that, money will be increased in double in every month. Till now no monthly return (cheque) is given to me. When I try to contact through phone No. [protected] some time some person pick up the phone and says "Sir/MD is not here'''''". Generally the phone is never pick up. What steps are to be taken so that i can get back my money. As promised by Mr Chanchal Manna an Agent of Accresentway marketing (AWM), Gwahati, i invested more than 0.5 lakhs in the name of my relatives. He promised that, money will be increased in double in every month. Till now no monthly return (cheque) is given to me. When I try to contact through phone No. [protected] some time some person pick up the phone and says "Sir is not here'''''". Generally the phone is never pick up. What steps are to be taken so that i can get back my money
DEAR ALL, WE(MR.KOUSHIK MAITRA & MR.SAMIT ROY ) ARE ONE OF THE MEMBER/ASSOCIATES OF SLC MARKETING PVT.LTD.WE JOINED THE COMPANY ON 25TH DEC.09 AND SINCE THEN WE GOT THE PAYMENT MONTH BY MONTH FROM SLC THROUGH ATM CARD PROVIDED BY COMPANY AT THE TIME OF JOINING.NOT ONLY THAT, EVERY MEMBER IS ENJOYING THE BENIFIT.WE WOULD LIKE TO INFORM YOU ALL THAT WE FEEL PROUD TO BE A MEMBER OF SLC.THE CONCEPT IS VERY GOOD RATHER THE BEST. SO WE ARE INVITING YOU TO JOIN OUR COMPANY NAMELY SMOOTH LIFE CONCEPT MARKETING PVT.LTD.FOR YOUR KIND INFORMATION COMPANY HAS BEEN COMPLETED 1 YEAR SUCCESSFULLY.INTERESTED PEOPLE ARE REQUESTED TO CONTACT.(slc.[protected]@gmail.com) /[protected]
Contact Information
AWM(Accresent way marketing)
India
File a Complaint