In the 1990s, when India opened its door to rapid liberalisation and globalisation, what it seemed to have inevitably taken on was a mountain of trouble through money-spinning schemes in the form of multi-level marketing (MLM)/network marketing companies.In Marauders of Hope, senior journalist and author Aruna Ravikumar dissects MLM scheme companies, draws why they happened and unfolds the remedial measures to stop the cancerous growth of dubious multinational corporations that were quick at feeding off people, hungry to make quick money. Outlining some of the biggest scams that rocked the country, ruining lives forever, Marauders of Hope works on the belief that creating awareness of the anatomy of these frauds is one of the most powerful ways to stay protected from networks that have unfortunately been iron-clad because of the powerful lobbies and the political patronage they received. Marauders of Hope is an eye-opener and must read for all concerned citizens across society.
This book is a great collation of information available in public domain throwing light on how fraudulent MLMs came into existence, their modus operandi, major financial scams and how it effects individuals, relationships and the global economy. Thoroughly researched and factually supported with judicial verdicts. A must read for all concerned citizens to spread awareness on this issue to ensure people don't suffer further.
A flawless take on the money venting machines that arose within the country and also from outside which gave the people hope for getting rich quickly, only to be succumbed to the state of betrayal. A well versed book !!!!