PATHMAN Senathirajah, the owner and director of the V-group of companies wanted by the Mumbai police in the QNet fraud, was spotted taking a selfie with South Indian superstar Rajnikant. On February 5 around 7pm Pathman posted a picture on Facebook taking a selfie with Rajnikant. As Rajnikant is a superstar from the cinema worls, the selfie went viral. According to reports, at present Rajnikant is in Malaysia for the shooting of his movie Kabaaali. Rajnikant is not involved in any scam but QNet members are using his pictures everywhere.
Pathman Senathirajah is a Malaysia-born businessperson. A lawyer by profession, he started his network marketing career with the direct-selling company QNet in the late 90s. He is now a V-Partner and also heads the ‘V’ as it’s Managing Director. He is wanted by economic offences wing (EOW) of the Mumbai police.
QNet, the controversial Hong Kong-based multi-level marketing (MLM) operator with multiple names (GoldQuest, QuestNet, QNet, QI Ltd and QI group are the better-known names) has finally come under the radar of Mumbai police. Police have registered an FIR against QNet, for allegedly duping thousands of investors by selling them plastic and glass products terming them miraculous objects for treating severe diseases like cancer.
The FIR names five accused, including QNet’s Hong Kong-based founder Dato Vijay Eswaran and Senathirajah. In the Chennai QuestNet chargesheet, Sanathirajah’s brother is also an accused and has been declared absconding. More than 31,500 investors have given their statement against QNet in Chennai.
Court rejects anticipatory bail applications of Padma Bhushan Michael Ferreira in QNet scam
THE special Maharashtra Protection of Interest of Depositors (MPID) Court on Tuesday rejected anticipatory bail applications (ABA) of Padma Bhushan and former world champion of billiards Michael Joseph Ferreira in the multi-crore QNet scam. The Economic Offences Wing (EOW) of Mumbai Police, which is probing the case, had invoked the stringent MPID Act against controversial multi-level marketing (MLM) company QNet.
In February 2014, the Enforcement Directorate (ED) registered a case under the prevention of money laundering act (PMLA) against QNet, Vihaan Direct Selling, Ferreira and QNet founder Vijay Eswaran and three other independent representatives (IRs) of the MLM operator.
The accused which failed to get ABA includes, directors of Vihaan Direct selling (India) Pvt Ltd Srinivas Rao Vanka and Magaral Veervalli Balaji. Director of Transview Enterprises India Pvt Ltd Suresh Thimiri. Malcolm Nozer Desai, who is 20% stakeholder in Vihaan. Ferreira also have 80% stakeholder in Vihaan.
According to media reports, Transview Enterprises is an associate company of Vihaan Direct Selling Pvt Ltd that handles QNet’s multi-level marketing (MLM) operations in India since 14 April 2012. Vihaan Direct Selling, in which Michael Ferreira, the former world billiards champion, owns 80% stake, is a direct selling agent of QNet and had done large financial transactions with Thimiri’s company Transview.
The EOW had booked several accused including Ferreira and five companies related with QNet, under the MPID Act. Until now, the accused were being investigated for cheating and forgery under the Prize, Chits and Money Circulation Schemes (Banning) Act 1978, and for money laundering by the Enforcement Directorate (ED).
In September 2014, EOW of the Mumbai Police Crime Branch has arrested Susan Chatterjee, the former daughter-in-law of Ferreira in connection with the alleged Qnet scam. Police found around Rs 1.70 crore in her bank account, which were earned by Qnet through its binary scheme.