QNet was started in 1998, and that is where its main office is.
But as far as I know, QNet doesn’t actually do business in Hong Kong; it only has a name there.
The business was started by Vijay Eswaran (right), who is a citizen of Malaysia. QNet does business as if it were a company from Malaysia.
So far, so good.
In the 1990s, Vijay Eswaran and Joseph “Japa” Bismark, two young men from very different backgrounds, got together for business and friendship. After having some network marketing success with an American business that was doing very well in the Philippines, the two joined forces. Their team, the V Team, was made up of smart, talented, and driven men and women, and it quickly became one of the top revenue-makers for American businesses.
When all of their attempts to fix the problem failed, the V team met around Vijay’s kitchen table to figure out what to do next. They had realized that the company had been lying to them at some point. About 1,500 people on the team helped the leaders of the V team. They meant to tell them what to do, but what? The easiest way to solve the problem was to explain what the business owners did and let them off the hook. They didn’t choose the easy way out, though. The two young men and their core team members made the brave and crazy decision to start their own company. Their only goal was to protect the interests of the people who had put their trust and life savings in their hands. Thousands of their team members’ lives were at risk, and they were responsible for more than USD 250,000. The business that is now known as QNET began on a fateful day in September 1998 at the Philippine Stock Exchange Centre, which used to be called Tektite Towers. This building is in Manila, Philippines.
When it first started, QNet was called QuestNet and sold gold and silver coins.
In total, QNet has created at least 76 related shell companies, in addition to GoldQuest and QI Limited.
The international operations of the business are run by the QI Group, which is a part of QNet.
This seems to be because companies are trying to cut down on their liabilities.
QNet has a presence in a country under a different name. Since QNet is based in Hong Kong, it has taken great care to avoid doing business there or in China.
You might ask why.
With the exception of Malaysia, almost every country where QNet has a large presence has had regulatory problems.
The Philippines’ Department of Trade and Industry sent QuestNet a letter telling them to stop doing what they were doing (2003). The Royal Monetary Authority of Bhutan looked into GoldQuest and found that it was a pyramid scheme. In 2003, Nepal’s Home Ministry said that GoldQuest couldn’t do business there. (2003). GoldQuest was made illegal by Sri Lanka’s government (2005). Iran’s government also banned GoldQuest (2005). After a probe in the Philippines, Interpol sent a notice to Indonesia to hold Vijay Eswaran and a number of GoldQuest employees. Three weeks later, they were let go, and the charges against them were dropped. Afghanistan took away QuestNet’s right to do business (2006). The Rwandan Ministry of Finance banned QuestNet because the National Bank of Rwanda said it was a pyramid scheme. (2008) In 2009, QuestNet was made illegal in Sudan. Syria’s Ministry of Economics shut down QuestNet because it was running a pyramid scheme and breaking the rules about how to register a business. (2009): Turkey warned people not to join QNet after an investigation showed that it was just a rebranded version of the QuestNet pyramid scheme. (2011) Egypt’s educational institutions said in a fatwa that QNet’s business plan was against the law (2010). The Saudi Arabian Ministry of Commerce and Industry banned QNet in 2010 because of claims of theft, forgery, and not being registered. India’s EOW froze a number of bank accounts linked to QNet as part of a major bust (2013). The Philippines’ SEC took away QNet’s license to do business there (2014). The head of the Indonesian Ulema Council’s Fatwa Commission said that the business model was not haram because it had “elements of deception” (2014). The EOW of India said that QNet and its Indian partner Vihaan couldn’t hold workshops or training in Mumbai. (2014) The Azerbaijani Central Police opened a criminal investigation into QuestNet to look into claims of money-laundering fraud (2014). India’s EOW (Delhi) filed a first information report accusing Qnet and Vihaan Direct of running an MLM scheme dishonestly and dishonestly (2016). QNet was dubbed “a network of thieves” by the Burkinabe government in 2016.
Management and affiliates of QNet have been arrested in India, Indonesia, Turkey, Iran, Azerbaijan, Burkina Faso, Nepal, and Algeria because the company did illegal business in those countries.
Vijay Eswaran, the founder of QNet, is wanted in India right now.
Also, the marketing materials on the QNet website seem to be a little out of date.
The program says that it is “Asia’s leading direct selling company,” but it seems to be pushed mostly in Africa now.
Alexa says that 8.2% of the traffic to the QNet website comes from Cameroon, 7.5% from Morocco, 6.4% from India, 5.5% from Tanzania, and 5.4% from Algeria.
Aside from India, QNet seems to have almost completely fallen apart in the rest of Asia.
As was already said, African authorities have only started to take QNet seriously recently. In India, QNet’s operations are in shambles because several people have been arrested and assets have been seized all over the country.
Read on to find out more about how to start a business with QNet MLM.
The products of QNet
QNet sells a wide range of products in the niche markets of education, travel, technology, watches and jewelry, personal care and cosmetics, health and wellness, and auto maintenance.
Health and well-being
HomePure makes products that filter water, and AirPure makes products that clean the air. Olive leaf, oil extract dietary supplements from VitaNet dietary supplements from LifeQuode “Harmonized energy” Amezcua goods Qaf makes green coffee.
Care for yourself and your beauty.
Body’s Shine is hypoallergenic. Men’s skin care products made by DEFY Skin-cleansing Bell & Belle makes face cream and bath cream,BioSilver Couleurs Makeup.
Jewellery and timepieces
Watches made by Cimier with the QNetCity logo
Jewelry and watches from Bernhard H. Mayer e-courses from the Swiss eLearning Institute and jewelry from the Himalayan Crystal Collection can help you learn (not accredited). SMC University (formerly Swiss Management Center) offers three accelerated bachelor’s degrees in business administration: one in business administration with a focus on information technology, one in business administration, and one in business administration.
Keep in mind that the above is what is written on the product page of the QNet website.
In the QNet online store, there are only three “English for Beginners” courses, and each one costs $620.
During the holidays, the travel agency TripsaverQVI Club has deals on resort vacations.
Q-breaks are quick vacation packages that can be bought with QVI Points (which can be put towards discounted accommodation, guided tours, adventure activities, car rentals, and cruises).
BrilTime offers web conferencing with BrilNet and online storage with BrilCloud. The QNet Life Site is used to sell and market products. Vtube+ is an “internal online video community for network marketing” (it looks like a YouTube clone).
Titan Metal Treatment is a metal treatment oil that uses Zero Friction Technology. It is used for cars, motorcycles, lawn mowers, heavy machinery, and other vehicles, among other things. Its unique nanotechnology gets into the tiny cracks (called micropores) in your engine and makes a strong, low-friction shield.
Compared to other high-performance lubricants like mineral and synthetic engine oil and oil treatment, this low-friction shield can handle up to five times more weight and friction.
There are too many QNet products to list them all here, but you can find a full catalog on the online store page of the QNet website.
QNet’s compensation scheme
Under QNet’s incentive plan, affiliates get paid for making retail sales, buying goods, and/or getting other people to do the same.
Binary and unilevel compensation systems are used to pay direct (retail) and residual commissions.
QNet Affiliate Positions
The way QNet pays its affiliates has eight levels.
Here they are, along with the qualifications needed for each one:
Join QNet and sign up to be an Independent Representative (IR).
Each month, at least 50 RSPs are made (residual unilevel commission qualified). To get the Silver Star award, you need at least three affiliates with 500 PV each or two affiliates with 1000 PV each. To be eligible for residual unilevel commissions, you must earn at least two binary step commissions, 500 PV, and 600 RSP through your unilevel team. At least 1,000 PV and 2,000 RSP for your whole unilevel team, as well as at least 40 binary step commissions, and you’ll keep getting unilevel commissions that keep coming in. maintain 1000 PV each month, get 5000 RSP from at least two unilevel team legs (but no more than 2500 GV from one leg), get at least 120 binary step commissions, and stay eligible for residual unilevel commissions. Jewel Star (qualification criteria must be met for two consecutive months). For residual unilevel commissions, your downline must have at least 20 affiliates with a sapphire rank or higher (including at least one Platinum Star that you personally recruited). At least ten people in your downline are Platinum Stars or higher, and at least two of them are Diamond Stars that you recruited. You can still get residual unilevel commissions (see below).
MLM Commission Requirements:
To be eligible for MLM commissions, a QNet affiliate must first “qualify” and then “activate.”
In order to be eligible, a QNet affiliate must make 500 PV.
The Personal Volume, which stands for “Personal Volume,” is the amount of sales made by both retail and the affiliate’s own purchases of products.
A QNet affiliate can sign up in two ways:
They must get at least two “qualified” affiliates and make 500 GV in sales on both sides of their binary team.
The PV made by an affiliate and the people they have brought into the business is called “Group Volume,” or “GV.”
Commissions from shoppers
QNet gives retail commissions on the products that retail customers buy.
The QNet compensation model says that retail commissions are the difference between the price your customer pays and the price you get as an IR (Independent Representative).
Getting Paid Again and Again (binary)
A binary remuneration structure puts an affiliate in charge of a binary team, which is split into two sides (left and right):
The first level of the binary team has two slots. The second level of the binary team is made up of these first two spots, which are each split into two more spots (4 positions).
The binary team is made up of stages, and each stage has twice as many slots as the stage before it.
To fill spots on the binary team, direct and indirect affiliate recruitment is used. You should know that a binary team can grow as much as it wants.
The binary team makes GV through retail sales and affiliate sales.
When both sides of the binary team match 3000 GV, commissions are paid.
This 3000 GV competition between the two binary team sides is called a “step.”
Affiliate rank determines how much of a residual binary commission is given for every 3000 GV match.
Bronze Stars get $200 for every step they take (capped at 40 steps a week). Silver Stars get $225 for each step (capped at 50 steps a week). Gold Stars get $250 for each step (capped at 60 steps a week). Sapphire Stars gets $260 for each phase (capped at 65 steps a week). For Platinum Stars, each step pays $275. (capped at 70 steps a week). Diamond Stars get $300 for each step (capped at 80 steps a week). Blue Diamond Stars get $325 for every step they complete (capped at 90 steps a week).
When a person signs up to be a QNet affiliate, they are given three binary positions.
They add one to this for every 1000 PV produced (up to two per single product order).
Getting Paid Again and Again (unilevel)
In a unilevel pay system, an affiliate is put at the head of a unilevel team, and each affiliate they personally brought in is put right under them (level 1):
When a level 1 affiliate brings in a new affiliate, that person’s unilevel team moves up to level 2.
If any level 2 affiliates bring on new affiliates, they move up to level 3, and so on down to a theoretically infinite number of levels.
Based on “Repeat Sales Points,” QNet pays unilevel commissions that keep coming back (RSP).
For an affiliate to be eligible for residual unilevel commissions, he or she must generate at least 50 RSP on their own each month.
RSP is made when retail customers buy goods, when affiliates buy goods for themselves and when their downlines buy goods (up to ten unilevel team levels).
The RSP earned by a QNet affiliate’s unilevel team is paid out every week at the rate of 10,000 RSP = $400.
When RSP is added up, the number of unilevel team levels is based on the affiliate rank.
It gives RSP on five unilevel team levels and is linked to Silver Star. RSP is made up of six team levels that are all the same. The Sapphire Stars use seven unilevel team levels to come up with RSP. Platinum Stars on the eight single-level team levels earn RSP. On each of its nine single-level team levels, Diamond Stars makes RSP. The Blue Diamond Stars make RSP on each of the ten possible unilevel team levels.
Keep in mind that RSP made on level 2 by the unilevel team counts for 200%.
If a QNet affiliate’s unilevel team generates less than 10,000 GV, they are paid based on how much volume they generate.
10,000 GV is worth $400, which is 4% of the unilevel team GV that was made.
When a QNet affiliate makes 1000 GV on their lower binary team, they get the Early Payout bonus.
Within four weeks of signing up, I will get a $50 incentive for producing 1000 GV in weaker binary team side volume. You will get another $50 prize and another 1000 GV in weaker binary team side volume six weeks after you sign up. If you get 1000 GV in weaker binary team side volume, you’ll get an extra $125 bonus (no time limit).
You get extra money when you reach a certain rank.
Affiliates who meet the requirements for the Diamond Star and Blue Diamond Star ranks can get a one-time bonus of between $10,000 and $30,000 from QNet (the new rank must be maintained for six consecutive months).
Affiliates who have been at the Platinum, Diamond, or Blue Diamond level for a full year get “exciting travel and lifestyle rewards that cover all costs.”
As a reward, V Ambassadors and QNet Founders get invitations to exclusive events and other experiences that can’t be bought with money (no qualification criteria are given). Celebrating these accomplishments with other high achievers, esteemed V Ambassadors, and QNet Founders is a big deal.
A $30 fee is charged each year for a QNet affiliate membership.
If the saying “where there’s smoke, there’s fire” is true, then QNet is a forest fire that should have been put out years ago.
I think that the only reason QNet is still in business is because it uses a lot of shell companies, which are mostly used to confuse law enforcement and make investigations harder, and because it moves from market to market as they all fail.
While QNet is slowly growing in Africa, it looks like it is done in Asia. European and Japanese companies are now doing business in Africa while Asia seems to be done. Even though QNet hasn’t done well in the US or Europe for 18 years, it’s unlikely that they will start doing well now.
The PV specifications are the key to QNet’s credibility. This is the problem with pyramid schemes. These can be made either through retail sales or when an affiliate buys a product.
Affiliates of QNet can make a good amount of money if they sign up, buy the minimum amount needed to meet PV requirements, and then buy the minimum amount needed to make 50 RSP per month.
Because of this, QNet puts a lot of weight on the word “duplicate” in their marketing.
Your company’s strategy can be used by other businesses because it was made with that in mind.
In other words, you sign up, buy things to meet the requirements for commissions, and then get paid to find other members who make the same purchases.
In place of this, you can qualify through retail sales. But the fact that QNet is illegal in so many countries and/or that its affiliates have been jailed for running pyramid schemes is telling.
Also, the fact that QNet has had 18 years to fix the likely lack of retail sales is instructive (requiring a 50:50 split of affiliate and retail volume would be a start or not including affiliate purchases for qualifying PV).
Instead of fixing problems with their business strategy, QNet moved from country to country, leaving a trail of financial disaster in every place they did business.
When it comes to their products, QNet’s lineup is a real mishmash of weird stuff.
The lack of a common theme among the many product lines gives the impression that QNet management just used whatever was on hand.
And some products are just plain strange.
The best example might be the Amezcua health and wellness line from QNet.
Amezcua is a unique collection of energy products that are designed to help you feel more balanced and energetic every day.
“A higher level of harmony.” What does that even mean?
The strange Amezcua collection from QNet includes an “e-guard,” a “chi pendant,” plastic discs, glass discs, and bio lights (another plastic disc).
Here is the marketing message for Bio Light 2 to give you an idea of what the Amezcua line is all about:
The Amezcua Bio Light 2 was made so that biophotons could be used to their full advantage.
When the Amezcua Bio Light 2 shines through the Amezcua Bio Disc 2, it creates biophotons that give you more energy and make your food and drinks taste better.
Does food taste better if it is lighter?
QNet says that the Amezcua products are backed by “ongoing research and development,” but it doesn’t show any evidence of this.
There are a few bought research papers, but nothing even close to a professional peer review from the medical community as a whole.
This trash can’t be sold, so there won’t be a market for it. And it really gets to the heart of the problem with QNet.
If you want to know more about QNet than what it has to offer and how it pays, you should start with the person who is recruiting you.
MLM commissions must be met by every QNet affiliate in order to get paid. You need to know if this person reached the required volume through retail sales or if they just recruited their way there.
Make sure to ask for proof, as any pyramid schemer will know how to answer this question (obviously by not being truthful).
Each QNet affiliate must generate 50 RSP each month in order to be eligible for residual unilevel commissions.
Again, you want to know how this RSP is put together. run if you buy it yourself once a month and there isn’t an equal amount sold in stores.
Given how many regulatory concerns QNet has caused over the years, I would say that the answers to both questions are clear. Still, it doesn’t hurt to check for yourself.
First of all, you’d have to be really broke to even think about QNet, but I’m getting off track.
The QNet has been around for a long time, even though it has changed names and seems to be a long-running scam.
There’s no doubt that QNet has made Vijay Eswaran and his friends’ a lot of money, but it takes time for people to figure out they’ve been tricked.
Even more slowly, critical mass is reached, and by the time regulatory notifications are sent out, QNet’s executives have moved on to the next country.
A real MLM company will go through ups and downs in the many industries it works in. Scams like QNet start in one place, grow to a certain size, and then fall apart.
QNet hasn’t shown up in any country where it operates or has operated, and it hasn’t even been able to keep doing what it does.