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Lakshya India

Lakshya India review: scam 26

S
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5:55 am EDT
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This company is cheating its customers. It lures the new customers by showing high commission for doing business with them. And every month they show they have achieved 100% growth on their website, this way they are fooling the new entrants. They give the commission as per their format table only for 7 to 8 payouts, which is nothing but the customers money paying back in installments. And after 8 months there is heavy deduction. As the payout increases the deduction also increases. After 8 payout people are getting as low as 20 to 30 percent payouts. People beware before paying huge advances like 20, 000, 40, 000, 80, 000 and 1, 60, 000.
Since 2 months they are showing an excuse called "note:-this reward point is calculated on the basis of company performance plus indivisual sales performance and pin sales performance. And the standard deduction on the basis of reward point is applicable and its varied on the basis of indivisual sales and team sales"
But they dont show what they mean by team sales and individual sales and keep the customers in dark and straight away deduct the money. There is no guideline about how much should the individual promote and get the sale. There is still much more about this company. I hope this would help the new entrants. Dont fall prey to their new gimmick that lakhshya india will be entering into stock exchange.

Resolved

The complaint has been investigated and resolved to the customer’s satisfaction.

26 comments
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aware
IN
Send a message
Jul 15, 2009 11:24 pm EDT

why lakshyaindia never send payout for june month, somebody only get amounts in sbi, really wat happen .somebody say this month auditing ging on...any body know wat is really happen

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getwealth100
IN
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Jul 17, 2009 3:10 am EDT

Yes. This company is cheating. For this one and a half years they got enough money invested. From this June month they started their cheating. Many of the customers do not get their payment yet including me and when asked in the company there is no proper response. They are saying that there is some problem going on in the company and the payouts will be payed soon, but they do not mention when. Anyway, some problem is started in the company now and it is not good to invest in the company. My investment is only 5000 so that it is ok, but I want to caution the new investors not to invest for their safety. Please be aware...

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Sudneep
IN
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Jul 20, 2009 7:24 am EDT

Hi All,

This is sundeep frm Indore. i have invested Rs. 5000(feb)+40000(in mar) in this comp..and am getin proper money frm them till now, including this month. They r doing business so possible, there could be some problem.well. comp. has to pay me 8586+7344 by this month. am just waiting..lets see if i'll get surly will update my comment here...GOOD LUCK. i'll be happy if i'll get 10-15% more then i have invested in a year..i don want huge profit!

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vishwabalaa
IN
Send a message
Jul 24, 2009 2:57 am EDT

Hello peoples,
The company is giving the dividend or profit to the Investors who have been invested with them...

The Lakshya Level Marketing Service is one of the No.1 firm in all over India...

Now Lakshya is running their 17th growth of the Business...

I know what they are doing with the peoples money...
If a person invested for Rs.1, 60, 000 means the company will give the profit as per the Growth of the Lakshya Firm as Rs.98, 00, 000... But the company have been earn with the investors money and make the money upto 20 Crores with various Trading sectors like COMMODITY TRADING, FOREX TRADING etc...
Every people know that the Commodities are nothing but Gold, Diamond, Crude Oil & Petroleum products...
and also very know well the Forex Trading... it is nothing but the Trade with Foreign Currencies and it involves High Risk and Huge Returns... If u know the Forex Trading very well means u can make the money as much as u can based on the Currency trading situations...
For example... If u trade with $100 means u can make the profit upto 1000%(Percentage)... It is possible only u r a experienced person in Trading with Currencies...

ANOTHER EXAMPLE.: In bollywood they are producing films and TV serials also which yields high returns as you know very much...

I am sure that the Lakshya is trading the Investors money and make the profit upto 20 Crores and they provide only 5% of the their profits... I am thinking that it is a Small Profit from them, they should provide atleat 20% of their profits it means 3 to 4 crores they should give to investors...

Personally, I had invested the amount Rs.1, 60, 000 and also i am getting profits from Lakshya and it is being reach 53, 00, 000...
Still if u r having doubt in the sense feel free to ask anything about these types of Marketing with me, i am ready to answer ur questions and i can it...

With Warm regards,
Balaa...
@ vishwabalaa@ymail.com...
@ (+[protected], (+[protected]...

Plz Note.: for every Payout the company is deducting the Taxes as per the Government of India and RBI procedures...

I THING SO THE MEMBER PRAJESH KUMAR HAS GOT ALL THE PAYMENTS FROM LAKSHYA INDIA WHERE HE INVESTED AND now he is blaming other guys...

They are paying all the investors and now everybody has got the payments...
Nowadays who is the person giving 5lakhs instead of Rs.`10, 000 u invested..Lakshya india is giving...

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Ghanshyam Sonawane
IN
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Aug 01, 2009 2:08 am EDT

I think this person who complent about lakshya india is his personal problems. Because I was invested 20, 000 Rs & get pay out regularly till date i recevied about 2 Lac Rs. I am complety disagree with this person. And Second thing is some people are julas with this compay because of the they are not geting costumers for there compay, May be this person also same.

Ghanshyam Sonawane.

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Krishna_1122
IN
Send a message
Aug 10, 2009 2:38 am EDT

Im Krishna from Andhra Pradesh and I have invested 1, 60, 000 on August 2008 and I have Benfited 6, 40, 000 till now. Who ever says that this is a scam is a true fraud. They are using Internet as a medium to pass negative commens about LakshyaIndia.

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Nikii
IN
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Aug 10, 2009 7:47 am EDT

Hi krishna, i have doubt on what you said...You have invested 1, 60000 last year... .since the company have attained 100% GROWTH for the past 12 months you should have recieved 98, 00, 000 as per the reward points they?.. but u have recieved ly 6 Lakhs?

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rajeshkumar_v
IN
Send a message
Aug 11, 2009 7:17 am EDT

Hi Krishan, As niki said, what happen to the balance amount?

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mahamantra
IN
Send a message
Aug 14, 2009 9:54 pm EDT

Hi friends, this is yadav from bangalore. similar to lakshyaindia another company has launched in mysore called as mahamantra.biz. It gives payout for every 15 days so the returns are in 6months. I have registered to it and receiving payouts without any issue.Please check the website and if interested mail back to me at yadavg123@gmail.com

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Aruun
IN
Send a message
Aug 20, 2009 11:53 am EDT

Hi All,

This is Arun from Chennai... i was in a plan of investing in Lakshya India previously ...But i have changed my mind since i Came to know from the Forum that lakshya India is not giving the payout
;since its customer reached more than 9 lakhs... So i think this is the freezing point for lakshya India

I heared abt Mahamantra last month that we can earn 1 lakh with in 6 months by just investing 1750... And also we dont need to refer any body.. I think they are the only company in India giving payouts twice a month...

Below is the site which i am referring

http://www.mahamantra.biz/plan2/

I have invested and i am getting the payouts regularly..

So Guys, Since its a new company completed just 2 months, this is the rite time to invest in it..

Dont Waste ur time... Come we ill make some good money before it is getting freezed...

Mail me if you are having any queries...

With Regards
Arun
Mail ID : askmeaboutmahamantra@gmail.com

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mahamantra
IN
Send a message
Aug 25, 2009 8:00 am EDT

Hi Friends,

Thanks for ur huge response from this forum.
I would personally like to thank Mohan, Ram, Prayash, Momitha, Shiv, Aradana, Anishka for joining our team from this forum.

Also thanks for other's who have sent me a mail for enquiry...hope u people wil be a part of our team.

http://mahamantra.biz/plan2/...way for ur dreams come true.

yadavg123@gmail.com.

Thanks
Yadav.G

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Aruun
IN
Send a message
Aug 25, 2009 9:20 am EDT

Hi All,

Thanks To mahamantra...

I have invested some bucks in mahamantra last week.They are paying on every 15 days (if the company attains 100% growth ).

http://www.mahamantra.biz/plan2/

Pls mail me if u have any doubts...

askmeaboutmahamantra@gmail.com

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Aruun
IN
Send a message
Aug 30, 2009 6:36 am EDT

Hi,

Join Mahamantra...it giving payout on every 15 days...

I have already got two payouts...Join early and earn some moneyyyyyyyy

For details pls mail me

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Aruun
IN
Send a message
Aug 31, 2009 4:39 am EDT

Hi all,

Join mahamantra...
'
Monthly two payouts...Company Achieved 100% for the last 3 months

Investment here is 1750 n the return is 1 lakhs with in six month.

Mail me for furthur queries

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Aruun
IN
Send a message
Sep 02, 2009 3:40 pm EDT

Hi Friendz,

Mahamantra is rocking... Tough competitor for lakshya...

Mahamantra is giving payouts promptly... Proud to be a member of Mahamantra.. 2 Payouts in a Month...

Refer the below site..

http://www.mahamantra.biz/plan2/

Investment is very low... 1750 ... and the return is 1, 22, 000 with in SIX MONTHS...

No Referral is needed... Since this is a NEW COMPANY, THIS IS THE RIGHT TIME TO INVEST...

Dont waste ur time...

"TIME ONCE LAST CANNOT BE RETAINED"

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vishwabalaa
IN
Send a message
Sep 07, 2009 10:55 pm EDT

i am ready answer your queries ring up @ [protected]...

Mr.Dilip & Mr.Arun & all the peoples,

Fine india is also facing lot of problems because of heavy transactions held in their accounts... They are not paying the payouts to those investors...

Nowadays all the marketing companies as well as Investment Companies are facing these types of problems because of huge transactions...

So in that case all the companies are liable to answer the queries from Government especially Central Excise & Income Tax Dept... If the problems has been cleared in the sense then we can afford it...

My payments also pending in L.I... i hav to get back my principle... & also u...
And also for Lakshya india has been changed the total plan with prospective manner & hereafter we cant book the products in advance, ..
In previous days either we have to purchase or we can make it as advance... But now everyone should purchase their products & they should sell the products like Diamond Jeweleries, Electronics etc., to the public & they Share the benefits from their Business Profits to us... Now it becomes pure marketing company authorized to sell the products... Hope It should happen...

Regarding Mahamantra the plan is as same as Magic Angel, but still we are not receiving any payouts from Magic Angel from Pune... And also one more example Iswaryam from T.N.(same 6 Months Concept)...
It is also a risk to take such companies which is having 6 Months concepts...
Beware before join...

Hope everything should run smoothly... & we should get back our Principle amounts...

Regards,
Balaa
@ [protected]...
@ vishwabalaa@ymail.com

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Akhilesh Mishra
IN
Send a message
Sep 11, 2009 6:01 am EDT
Verified customer This complaint was posted by a verified customer. Learn more

Abe Chutio Tum logo ko samajh nahi Aata ki kahi aisa hota hai 5000/- ka 5 lakh
ab dal diyo ho to apni apni marao,

Filmo me is subject ko leker comedy banti hai dekho ho na hera pheri 1 sal me dugna, yah to das guna hai
to bhi akla nahi di hai bhagwan ne in bewkufo ko

Jago india jago chay pio aur kam pe jao.
imandari ka kamao wahi thik hai.

god bless you ye to hona hi tha

bye take care

From Akhilesh Mishra

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vishwabalaa
IN
Send a message
Sep 13, 2009 7:18 am EDT

Feel Free to Ring Up @ [protected]..., @ [protected]/960..., @ [protected]...

Mr.Sam & all,
I am also invested 3 Lakhs in Sankalp Business, it seems very good & for the payout of October Month i was received the sms on Sept 01 & the amount Rs.53, 000 has been credited on the date of 2nd Sept itself...
How fast it was...? Unbelievable... I dont have such experience in any of the companies... & also the company is having a steady income plan for all those members whoever committed with Money Sankalp after 2 years...
Today they are in meeting at Bokaro Steel Plant which is comes under Central Government... Most of the employees are willing to join in Sankalp Business so that only the COMPANY ITSELF has arranged such a Big meeting in the Government Place itself...
See how legal they are...?
Such a good Auditing Reports they are maintaining for each & every Transactions...
And if any of the person wants to put Rs.80, 000 in Money Sankalp in the sense simply he cant make the deposit full amount in the bank.. The limit is only 50, 000 for deposit... Remaining amount he should pay in some other banks or the person should deposit those Rs.80, 000money by Cheque or DD... And no ever committed for Handling of Hot cash... Such a good Precautionary Strategy they are following... e These peoples are having such Practical experience bcoz of Lakshya India, Fine India, etc., , , ,

Also there Vision & Mission & Objectives are looking very good in nature when compare to other marketing companies & very top most thing is GOOD CUSTOMER CARE SUPPORT...

While in inauguration itself the company was enrolled Rs. 9, 00, 000 as entries from the Members & step by step they are improve like anything...

Sankalp will change all the Atmosphere...

Warm Regards,
Balaa
@ [protected]... @ [protected]/960... @ [protected]...

@ vishwabalaa@ymail.com

S
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SRP
IN
Send a message
Oct 10, 2009 3:45 am EDT

DEAR ALL,

LAKSHYA IS BACK AFTER SOLVING ALL PROBLEMS.IT IS CAME BACK WITH US LIKE PHOENIX, WHY WE GO FOR OTHER COMPANIES WHEN OUR TRUSTWORTHY LAKSHYA REMAINS WITH US. ITS A GREAT COMPANY RUN BY GREAT PEOPLES...

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SHARUKH
IN
Send a message
Oct 11, 2009 1:54 pm EDT

THANK GOD FOR LAKSHYA RETURNED BACK. DO ANY ONE KNOW THAT WHAT WAS HAPPENED TO LAKSHYA AND HOW DID THEY SOLVED PROBLEMS?

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SHARUKH
IN
Send a message
Oct 11, 2009 1:56 pm EDT

when they will start the pending payments and pending july bonus?

S
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SRP
IN
Send a message
Oct 11, 2009 9:35 pm EDT

Dear Sharukh,
Hav u received July Bonus ? If not yet contact lakshya. You can send a mail in this regard. Pls visit the website.We will get regular payouts from OCTOBER onwards ( ie, any day after the monthly closing on 31 OCT 09)

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Vimal kant
IN
Send a message
Oct 21, 2009 3:15 am EDT

today a news came that lakshyaindia company is sealed and its fraudmaster Nasir Khan is arrested.

read the news below.

Film producer actor Nasir Khan arrested in Balasore chit fund case
10/21/2009

The Orissa Crime Branch police, probing into the multi-crore rupee Balasore Chit fund case, arrested film producer and actor Nasir Khan for his alleged involvement in the scam but Orissa High Court released him on a personal bond.

Inspector General (Crime Branch) Arun Kumar Ray said N Khan was arrested for interrogation in the chit fund case as crores of rupees collected from the business had been diverted for production of film 'Shadow' by the Great Entrainment from Eve industry and Fine inidisale companies in which Khan was one of the Directors.

Khan was not only the co-producer of the film but also acted as well in the said film.

Khan, sources said, had come to the Orissa High Court which was hearing the seizure of bank accounts of his companies in connection with the chit fund scam.

His counsel soon after the arrest of Khan intimated the Division bench comprising acting Chief Justice I M Quddusi and Justice Sanju Panda about the arrest of his client from the court premises by the Crime Branch.

The Crime Branch Police then at the direction of the Division bench produced Khan before the court, and after listening from the producer that he was picked up by the crime branch sleuths from the court premises, the bench ordered his release on a personal bond.

The bench further directed the Crime Branch that as long as the case was pending before the court, any person connected with the cases would not be arrested.

Police said about Rs 191 crore deposited and operated through SBI, ICICI, HDFC, Axis and some other banks in Delhi, Mumbai and Kolkata through the chit fund scam had been put under freeze.

Balasore Superintendent of Police Rekha Luhani said a major share to the tune of Rs 101 crore was with Fine indisale. The account Lui Brial Education Society, Dream Achiever, Trident Advertising and Trade, Eve industry, Money Mantra and Lakhsya India had also been put out of operation.

She further said the RBI had asked the banks to scrutinise the operations of other companies under observations since their transactions were suspicious. The companies under observation were Sea Shore, Super life, Gain Max, Drusti on line, Discovery and Trading Service Private Limited.

All these companies with intention of fraud had been carrying out their advertisement using the names of noted personalities in sports and film industry with the promise that they would give better returns to the investors.

Initially the case was registered with the Balasore police but later it was handed over to the Crime Branch considering the involvement of several organisations across the country.

Earlier, the Crime Branch police had arrested one Saroj Samanta, proprietor of Dream achiever, one among the companies involved in the scam.

The investigating agency also seized an account in a bank in Bhubaneswar operated by Samant.

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VBKENNEDY
IN
Send a message
Nov 08, 2009 11:02 am EST

THESE ALL COMPANIES ARE SAYING FIRST THAT THEY WILL GIVE HUGE AMOUNT.. HOW CAN THEY RETURN THAT JUST THINK BEFORE INVEST... ALL SHARES ARE IN HEAVY DOWN... AND THEY ARE GIVING AS THEY THINK... STILL NOW NOBODY HAS GIVEN EXACT AMOUNT AS THEY SAID... SIMPLY IN THE BEGINING JOINERS ONLY GET SOME PROFISTS THA'S IT... AFTER JOINERS ALL ARE EVEN NOT GET THEIR INVESTMENTS ALSO...

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Me_Rahul
IN
Send a message
Dec 22, 2009 7:44 am EST

The company is totaly FRUD, they have already runaway from there primises and now even the directors are in POLICE arrest, so guys who so ever have invested in this FRUD Lakshya India, Sorry to say but you have lose your HARD EARN money for this CROOKS...

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Janardhanan
IN
Send a message
Feb 25, 2010 8:55 am EST

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