Over the last decade, the Indian Government has been way more cautious regarding preventing fraud Company Names List in business activities associated with the direct selling sector.
In 2016, the central government launched its Direct Selling Guidelines to clearly define the policies that have to be followed by business owners in this country to sustain a healthy commercial space.
Previously the MLM enterprises were required to get registered under MCA. Under direct selling, their names must be recognized in the legal companies’ list. The department of consumer affairs updates this.
Despite adopting strict measures, Fraud Companies erupt in direct selling areas as several pyramid schemes introduce them as genuine MLM organizations. Similar business entities that depended on the pyramid structure previously rectified their actions, fearing vigorous Legal documents and actions that could be filed against them.
Future Maker and eBiz are two examples of fraud enterprises that initially engaged in illegal money circulation schemes. With time similar fake entities have multiplied, and now they exist in the market in large numbers.
You are no longer concerned about coming up with a Company name. To find a list of available firms, use the Vakilsearch Company Name Generator.
Fraud Companies Names in India
This article will find the names of companies marked for their fraudulent activities in our country. These organizations did not abide by government regulations and went on with their deceptive policies; many ran a pyramid structure. You have to make Unique Name Search for Business to make a difference in the market.
Mostly all of them are MLM frauds. We have shared over 500 fraud companies that rampantly exploited Indian consumers by widespread scamming.
Companies Whose Names Start With “A”
- ATC Coin
- Avishkar
- Axa Crypto
- Avail Profit
- Auto Cycler
- Apna Sahara
- Anubhav Marketing
- Angel Club
- Alpa FX
- All India Marketing
- AIS India
- AFK Coin
- Adooye
- Adidoo.in
- Add 4 Life
- Aditya Hand Cash
- Alaska India
- Ayumart.com
Whose Fraud Companies Names Start With “B”
- Balaji Multiservices
- Banana India
- Banking Traders
- Big Idea
- Biz Guru Sachin
- Blue Bird
- Blue Chip Infraprojects
- Bol India
- BTC Live
- Buy n Earn
Whose Fraud Companies Names Start With “C”
- Cashh India
- Century Club
- Crorepati
- Colon Trade
- Common Money
- Currency Buzz
- Club 1K
Whose Fraud Companies Names Start With “D”
- Daily 100
- DD 4u
- Deema India
- Dhamaka SMS
- Discover Money
- DK Multisolution
- Dzire to Build
- DSS
- Dreams 99
- Dollars 20
- Durga Wealth
- Dutc
- DM Forex Online
- DID Club
Whose Fraud Companies Names Start With “E”
- Earn on SMS
- E-Live
- E Varta
- E-pay recharge
- Easy comex
- EPC Wallet
- Everest Indian
- Energy Trader
- Euro 2 u
- EMoneyPortal
- Elfingold.com
Whose Fraud Companies Names Start With “F”
- Facebooktrade
- Fast Life
- FDI Online Ad
- FINE India
- FX Capital
- Floran zartp
- Future perfect India
- Fsmgroup.in
- Future 2 Sky
- Four Golden steps
- Forex Club99
- Fly 4 Win
- Fin Mart Online
Whose Fraud Companies Names Start With “G”
- Gain Mantra
- Gem India
- Gift to All
- Ginny Help
- Given Earn
- Gurudev Trading
- Grow Rich Club
- Gold Shree Marketing
- Goat Farming
- Global Star Ads
- Get Way Money
- Gem India
Whose Fraud Companies Names Start With “H”
- Hot Forex
- Help4Every1
- Help Deals
- Hello 100
- Happy 2 help
- Hamara Vyapar
- Hedtra
- Hodo Global
- HWS
- Help to Asia
Whose Fraud Companies Names Start With “I”
- ICIC
- India AAA
- Indian Crowd Funding
- ITC Survey – Payments are restricted
- Infinity Money
- Indian Paisa
- Income Power
- I m way
- Imagine Success Plan
- Investa Limited
Whose Fraud Companies Names Start With “J”
- Journey 550
- Just 4 Earn
- Justbeenpaid.com
- Jjsm.info
- Jayam India
- Jupiter International Trading Co.
- Just3
Whose Fraud Companies Names Start With “K”
- Karma Life
- Khoj123
- Kuberam
- KING
- KDP Group
- Kanak Dhara
- KZ Kuberzee
- Karatbars
Whose Fraud Companies Names Start With “L”
- Life OK
- Lotus India
- Lottos Plaza
- Life Computer Job
- Live Money
- Lucky Trading
- Liberty World
Whose Fraud Companies Names Start With “M”
- Maax Money
- Magic Gain
- Magic of 150
- Maahi Tech
- M2M World
- MacroTrade.com
- Mahacash
- Make My Job
- Marcus Corporations
- Marval 5 Days
- Metro Money
- Micro Gain
- Millionaire Indian
- Mining Hub
- Miracle 400
- MLM unit
- MMM Family
- Moiner
- Money matters
- Money Trade
- Mrevolution
- My Axis
- My Mercedes Car
- My7 Days Gift
- Munafa
- Mega Donate
Whose Fraud Companies Names Start With “N”
- Nano excel
- Net Blazer
- Nova India
- NNN India
- Nett Bit
- Nascent India
- Nicolas Trade
- No fake Donor
- Nectar
Whose Fraud Companies Names Start With “O”
- One Line
- One Tree
- Ok Paisa
- Only 500
- Own land
- Online earning
- Orbit 9x
Whose Fraud Companies Names Start With “P”
- Pragati Microfinance
- Power of Money
- Power of MLM
- PM Fund
- Pinga Work
- PESA
- People’s Network India
- Profit Money
- Promise 2 Help
Whose Fraud Companies Names Start With “Q”
- Quiz India
- Q Window
- Quick Earn
- Quick Loan India
- Quality Invest
Whose Fraud Companies Names Start With “R”
- Regals life
- Real Life Income
- Real Gain
- Rapidx
- Raksha Global
- Race 2 Win
- R9K
- Ram Survey
- Real Friends Club
- ReBirth
- Reliance help Center
- Reward Brokers
- Rich 15
- RNS Tours
- Rich Dreams
- Ruby Oil Ltd.
Whose Fraud Companies Names Start With “S”
- Sahayata
- Safe 4 Future
- Sapna Bane Sakar
- Saral Services
- Shiksha Experts
- Shivshakti trading co
- Silent Future
- Sky Viral
- Smart Click
- Speed Money
- Subh labh
- Swarna Bharat Group
- Surya Milan
Whose Fraud Companies Names Start With “T”
- True Money
- Tulip Global
- TVC World
- The Revolution
- Trillions India Limited
Whose Fraud Companies Names Start With “U”
- USD INR
- Unique Gain
- Univer team
- Unic2u
- Udhra
- U Share
- United Paycheck
Whose Fraud Companies Names Start With “V”
- VIP Agro India
- Vitol
- Voice Via
- Vudy
- Visocorp.com
- VRL
Whose Fraud Companies Names Start With “W”
- Way 4 Rich
- Way to Astha
- Well Life
- www.goldharvest.com
- World Money
- Work Asu Like
Whose Fraud Companies Names Start With “X”
- Xtrem Trade
- Xoom Za
Whose Fraud Companies Names Start With “Y”
- Yuva shakti
- Yess Bank
- Yash wealth
Whose Fraud Companies Names Start With “Z”
- Zukul
- Z Forex
The above company names have alleged engaging their employees in fraudulent business activities. We’ve listed their authentic business names as per information received from the official webpage of Strategy India.
How To File Complaints Against Fraud Companies?
You need to visit the official website of MCA or the Dept. Of Corporate Affairs and enter the “Serious Complaint” section. Then follow the below-mentioned steps:
- Download the most recent copy of the complaint form by clicking on the relevant link.
- Unzip the subject matter of the zip document. It includes instructions and the latest edition of the complaint form.
- Fill in the blanks as per the guidelines. Provide necessary data. Prescrutinize it.
- Login into your account that needs to be created beforehand on the MCA portal
- Upload the scanned form by selecting the eForms tab.
- Note down your unique SRN No.
Conclusion:
Again, you need to visit the official site of the Ministry of Indian Corporate Affairs and find the appropriate option asking you to provide the find company name. Avoid entering abbreviations and search with registered business names.
If the enterprise is unauthorized, there will be no data regarding its CIN or LLPIN. Neither you will get relevant information regarding its headquarter location, LLP Registration time, and active status. On the other hand, if you receive complete details on everything mentioned above, the company is genuine, and MCA approves its functions.
