Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
QNet-linked MLM fraud racket busted, 32 arrested in multi-state raids
The Business Guardian
|March 24, 2026
In a major breakthrough, the Commissioner's Task Force of the Central Crime Station (CCS), Hyderabad, has busted a nationwide illegal money circulation racket linked to Vihaan Direct Selling Pvt. Ltd., operating under the brand name QNet.
The operation exposed a large-scale cheating network allegedly running into thousands of crores across the country.
According to officials, Vihaan Direct Selling Pvt. Ltd., formerly known as Gold Quest and Quest Net, functions as a franchisee of the Hong Kong-based QI Group. The company allegedly lured software professionals, businesspersons, homemakers, and unemployed youth with promises of high returns through e-commerce and part-time business opportunities.
This story is from the March 24, 2026 edition of The Business Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Business Guardian
The Business Guardian
SENSEX CRASHES 800 PTS, NIFTY BELOW 22,850 AS 48-HOUR US ULTIMATUM RATTLES MARKETS
The market sentiment turned cautious after US President Donald Trump issued a stern 48-hour ultimatum to Tehran to fully reopen the Strait of Hormuz.
2 mins
March 24, 2026
The Business Guardian
The great erosion: India’s moral decay and the crisis of character
India’s modern narrative is increasingly a tale of two nations: one achieving technological and material milestones, and the other sinking into a profound spiritual and ethical vacuum.
5 mins
March 24, 2026
The Business Guardian
Justice in the age of screenshots: Are we convicting too easily?
In India’s criminal courts today, a screenshot can do what once required sworn testimony.
3 mins
March 24, 2026
The Business Guardian
Fire breaks out at Hard Rock Cafe in Delhi’s Connaught Place
A fire broke out at the Hard Rock Cafe in Connaught Place today, prompting a swift response from the Fire Department.
1 min
March 24, 2026
The Business Guardian
Taiwan’s expertise committed to supporting digital transformation in India: Estella Chen
Taipei Economic and Cultural Center in India’s Executive Director stated that “Taiwan expertise is committed to supporting the digital transformation” in India, positioning itself as a strategic partner in the country’s high-tech evolution.
1 min
March 24, 2026
The Business Guardian
BJP alleges undemocratic crackdown after arrest of Telangana unit chief
Telangana BJP
1 mins
March 24, 2026
The Business Guardian
INDUSTRY EXPERTS HIGHLIGHT MULTIFACETED IMPACT OF WEST ASIA CONFLICT ON “COMMON MAN” IN INDIA
The escalating conflict in West Asia is emerging as a significant headwind for the Indian economy, impacting everything from energy costs and remittances to the daily lives of the common man.
2 mins
March 24, 2026
The Business Guardian
SC reviews National Emblem placement
A seemingly simple plea before India’s Supreme Court has highlighted an intricate intersection of constitutional symbolism, institutional procedure, and administrative discretion.
2 mins
March 24, 2026
The Business Guardian
SEBI eases AIF winding-up rules, approves net settlement for FPI transactions
The Securities and Exchange Board of India on Monday approved a series of regulatory amendments designed to provide Alternative Investment Funds (AIFs) with greater flexibility during the winding-up process and to reduce the compliance burden on funds that are no longer actively managed.
1 min
March 24, 2026
The Business Guardian
Sensex crashes 800 pts, Nifty below 22,850
The domestic equity markets started the week on a weak note on Monday, witnessing heavy selling pressure as investors shifted towards safer assets amid rising geopolitical tensions between the United States and Iran.
1 min
March 24, 2026
Listen
Translate
Change font size