A woman in Indore, India trusted her former roommate with her life savings—and lost it all to one of the world's largest pyramid schemes.
Kusum signed up for QNet after Kanishka Parmar, her longtime roommate, dangled a promise of Rs. 10 million (about $119,000) over five years. The pitch was simple: invest Rs. 100,000 ($1,190) and watch the money roll in. Parmar wasn't alone. Her boyfriend, Pushpendra Solanki, sweetened the deal with talk of luxury cars—Mercedes, BMWs, Audis—the kind of wealth QNet supposedly delivered to its recruits.
On September 13, 2022, Kusum transferred Rs. 1 lakh into their account via NEFT.
For the next two to three months, she attended seminars and training sessions. When she finally asked how to actually make money, Solanki and Parmar revealed the truth: she needed to recruit other people. More than that, she would have to wear revealing clothes, haunt upscale restaurants and hotels, and convince strangers to hand over Rs. 1 lakh to Rs. 10 lakh each.
Only then did they mention the company's real name: QNet.
By that point, QNet's refund window had slammed shut.
Kusum filed a criminal complaint. Police registered charges under Indian Penal Code sections for cheating, breach of trust, and conspiracy. Solanki was arrested. Parmar vanished.
But this case is just one thread in a sprawling fraud operation. QNet, controlled by Malaysian businessman Vijay Eswaran, operates as a textbook pyramid scheme. The only way to earn is to recruit. There is no actual product, no real income stream—just endless recruitment of desperate people chasing wealth that never materializes.
India officially banned QNet in 2019. Yet the company persists, operating through shell companies and recruiting thousands. The damage has been catastrophic. Victims have formed an association just to help those defrauded. Some have taken their own lives.
Criminal complaints keep coming. Arrests keep happening. And still, QNet recruits. As of July 2024, web traffic data shows India leads all countries driving people to QNet's website at 17 percent, followed by Russia at 16 percent, Turkey at 10 percent, the UAE at 6 percent, and the US at 6 percent.
In October 2022, Russian authorities issued a formal warning about QNet's pyramid fraud scheme.
The operation continues to thrive in the world's most vulnerable communities, promising riches that exist nowhere but in the pitch itself.
🤖 Quick Answer
What happened in the QNet criminal case opened in Indore, India?A woman named Kusum filed a criminal complaint in Indore, India, after her former roommate Kanishka Parmar and associate Pushpendra Solanki allegedly recruited her into QNet, a widely accused pyramid scheme. Kusum transferred Rs. 1 lakh (approximately $1,190) on September 13, 2022, based on promises of substantial returns that never materialized.
How was the victim recruited into QNet in the Indore case?
Kusum was recruited by her longtime roommate Kanishka Parmar, who promised returns of Rs. 10 million (approximately $119,000) over five years. Parmar's boyfriend, Pushpendra Solanki, reinforced the pitch by referencing luxury vehicles allegedly earned by other QNet participants, persu
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