"The police team is also checking his bank transactions and other similar MLMs operated by him in other states. We are looking into the case from all angles. said Kaveti Srinivasulu, Mahakali police inspector.
Hyderabad: Mahankali police on Wednesday booked cases against the CEO and center heads of Q-NET Vihaan Direct Selling Pvt Ltd and identified the company as a fraudulent Multi Level Marketing (MLM) firm.
In the fire mishap that occurred on March 17, on the fifth floor of Swapnalok Complex B-Block Triveni, Shiva, Vennela, Pramila, B. Sravani, and B. Prashant - all employees of Q-Net, were trapped to death.
On Wednesday, one of the victims, B. Sravani’s friend Madis Naveen, submitted a written complaint to Mahankali police station stating that he had deposited Rs 1.60 lakh in June 2022 with Q-Net.
Center heads K. Shiva and N. Vijaya told him that he would get between Rs 30,000 and Rs 60,000 per month as profit and his deposited amount would remain intact, the complaint said.
Naveen said that Q-Net neither refunded the deposit nor gave any incentives as promised.
Police registered a case against Shiva, Vijaya who were allegedly taken into custody, and revealed the name of the main conspirator and owner of Q-Net, Rajesh Khanna, who is said to be in Bangalore.
During the preliminary investigation, the police came to know that Rajesh Khanna is also the actual owner of MLM Q-Net that was banned by the state CID over eight years ago after receiving several complaints, sources said.
Rakesh Khanna during the past two years managed to change the name to Q-NET Vihaan Direct Selling Pvt Ltd, sources disclosed.
North zone police have formed a special team that will be probing into the case. Police have managed to get Rajesh Khanna’s mobile number and are tracking him. Subsequently, the police team is also checking his bank transactions and other similar MLMs operated by him in other states. "We are looking into the case from all angles," Kaveti Srinivasulu, Mahakali police inspector said.