Wednesday, May 29, 2013

TVI Express affiliates arrested in Egypt

Report from Egypt Daily News shows that 3 TVI Express affiliates have been arrested. An investigator from the fraud unit told 4 affiliates at a meeting to follow him to the police station. Two were released, and two were detained. When another rep (apparently an upline) went to police station to secure the two's release, he too was detained.

Thursday, May 23, 2013

Egypt Outlawed 8 scams, including TVI Express

Better late than never, but the "new" regime of Egypt have just outlawed 8 scam companies, including TVI Express.

Following is from Google Translate:
The number of participants in the company's eighth "Tvi express" to about 98 954, and the number of defendants المضبوطين 3 members, and subscription fee of $ 250, and the return of $ 500 for every 7 new people, and the value of amounts collected $ 24.7 million, and free Minutes No. 7741 for the year 2013 cover of Dokk
While the auto translation is atrocious, the meaning is obvious... TVI Express is a scam, and it's outlawed in Egypt.

This blog was one of the first to note that TVI Express is illegal based on common interpretation of Shariah law, and indeed Ulama Council of Ache, Indonesia was one of the first to outlaw it.

Saturday, May 11, 2013

Indian CVC Will Investigate TVI Express Corruption in Indian Central Railways

India Against Corruption
India Against Corruption (Photo credit: Wikipedia)
According to Times of India report (through BehindMLM), after months of prodding and inaction by Indian Central Railways, the corruption case regarding their officers will be handed over the the central agency, known as "Central Vigilance Commission", with the purpose of investigating all government-related corruption in India.

The case stemmed from several articles in Times of India, where officials in Indian Central Railways was alleged to have abused their power of management to force subordinates into joining TVI Express pyramid scheme, and punish those who do not and/or made complaints about such. It has been over seven months since the first report was published in Times of India, yet no action had been taken other than to transfer the accused managers to a different station.

With Tarun Trikha previously arrested, there may yet to hope.
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