Coimbatore EOW receives more complaints against MLM firm ‘My V3 Ads’
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The Economic Offences Wing (EOW) in Coimbatore has received more complaints against multi-level marketing (MLM) firm ‘My V3 Ads Marketing Private Limited’.
V. Jayachandran, Deputy Superintendent of Police of EOW in Coimbatore, said on Monday that the agency received seven complaints against the MLM firm after a notice was issued on February 21.
EOW had appealed to investors of the firm, who had been defrauded, to approach the agency’s office on the premises of the Coimbatore City Police Commissioner with original documents, as part of its ongoing investigation against the firm run by Sakthi Anandan.
“We received seven complaints against the company in two days. We are expecting more complaints in the coming days,” Mr. Jayachandran.
The officer said the MLM firm offered six investment schemes. The firm had its head office on Cross Cut Road in Coimbatore and operated 19 branch offices in other parts of Tamil Nadu, Kerala, Karnataka, Telangana, Andhra Pradesh, Madhya Pradesh and Uttar Pradesh.
Content retrieved from: https://www.thehindu.com/news/cities/Coimbatore/coimbatore-eow-receives-more-complaints-against-mlm-firm-my-v3-ads/article69258269.ece.