Sandeep Maheshwari Vs Vivek Bindra Controversy are currently on the search list from YouTube to Google. Both are YouTubers and upload motivational videos on their respective YouTube channels. The YouTube war going on between Maheshwari and Bindra for the last few days shows no signs of stopping. Let’s know about the controversy between Sandeep Maheshwari vs Vivek Bindra.
Vivek Bindra says in his Favor
Vivek Bindra uploaded a new video in response to Sandeep Maheshwari’s video. This video was liver-streamed on Vivek Bindra’s YouTube channel on December 18. The title is #JaanemanBiggestControversy #BiggestProgram #BiggestAttack Dr Vivek Bindra in his reply video Said that Sandeep Maheshwari is after him, Vivek Bindra says, you said scam, I will answer you, you did not ask from the other side, you get so much love from people, how will you take advantage of that thing, if you are calling it a scam. Bandara requested that never do such a thing that There should be a crisis in the livelihood of so many people. Vivek, while addressing a direct allegation, says that the thing you are complaining about, I had stopped it in May because even if the hearts of even a few people are hurt, it was in May and June. I had stopped everything, today I am working on the product, if it is a scam then can 12 world records be made? He alleged that I was praised but you edited and removed everything. None of your business mastery videos go above Rs 2 lakh. It was Rs. 50 lakhs, so when you added a scam, it went to Rs. 50 lakhs.
Sandeep Maheshwari spoke against Vivek Bindra.
After this, on December 20, Sandeep Maheshwari uploaded another video, titled Stop Vivek Bindra again #StopVivekBindra by Sandeep Maheshwari says in his latest video that this fight is not Sandeep Maheshwari vs Vivek Bindra but the truth. And it is a lie. Talking about the real scam, Sandeep says that if you do not like a product and want your money back, then catch two or four more idiots like you and take a commission at Rs 30 to 35 and your money. Back, this is a scam. I had exposed this scam. There are many such companies in India but only one company and its owner have gone after me. Sandeep Maheshwari also featured the videos of some such people who heard their stories from such scams. According to Sandeep, he has not recorded these videos but Sandeep also talked about the legal aspects. In this he specifically mentioned a press release issued by RBI in 2015, RBI is conscious public against multilevel marketing activities. We have read this press release. We will also tell you in points what has been read and written.
What is multi-level marketing (MLM)
The Reserve Bank of India has warned people to be cautious of multilevel marketing i.e. MLM activities so that investors do not become victims of scams. According to RBI, institutions running on MLM chain marketing or pyramid structure earn easy or quick money on the enrollment of members. Under such schemes, income is earned by joining more and more people. Instead of selling products, fees are taken in the name of membership. Every member must nominate other people. In this way, the money is collected. A portion of the membership fee paid remains among the people at the top of the pyramid. Any disruption in this sequence causes the pyramid to remain the same, affecting the members at the bottom of the pyramid the most.
What does RBI say about multilevel marketing?
According to the advice of the Reserve Bank, people should not be lured by the promises of high returns made by those running multi-level marketing chain marketing pyramid schemes, as they may have to suffer financial losses. Apart from this, money circulation is under the multi-level marketing pyramid structure. Accepting is a criminal offence under the Price Cheating and Money Circulation Banning Act 1978. A complaint against any such scheme should be immediately lodged with the police.
Sandeep Maheshwari says about Multilevel Marketing
Apart from this, Sandeep Maheshwari has also told in his video about a notification issued by the Ministry of Consumer Affairs Food and Public Distribution. The Central Government has issued a notification to protect consumers from direct selling companies promoting pyramid or money circulation schemes. For this, the Consumer Protection Direct Selling Rules 2021 were amended, this notification is about the same, in this Sandeep highlights a clause and says that it does not matter what agreement you have made with a company, but what matters is what is the law. It says this is clause 72e, according to which a direct selling entity and direct seller shall not refuse to take back defective goods or deficient services and refer to the consideration paid for goods and services provided where any direct seller or direct selling company shall not refuse to take back defective goods or defective services. They cannot refuse to return the money after giving it, they will have to take back the goods and will have to return the consumer’s money. In the Consumer Protection Direct Selling Rules 2021, the government clearly said that promoting pyramid schemes by companies engaged in direct selling is illegal. Direct selling is legal, it means selling goods directly to customers, whereas pyramid scheme means network marketing. Pyramid scheme and direct selling seem similar but the difference comes in the product. In direct selling, money has to be paid to buy the product and in the pyramid scheme, Money is asked in the name of joining the piece. In this scheme, money circulation is done, in which the old people get the money of the newly joined people, although network marketing is legal in India, multilevel marketing companies take advantage of this, we are not Saying that Vivek Bindra runs an MLM scheme, neither do we confirm any allegation or claim made by Sandeep Maheshwari and Vivek Bindra against each other, although we have ourselves read the press release of RBI and the Ministry of Consumer Affairs.
What is the Sandeep Maheshwari Vs Vivek Bindra controversy?
Let us also tell you where this matter of Sandeep Maheshwari vs Vivek Bindra started, on December 11, Sandeep Maheshwari uploaded a video named Big Scam Exposed on his YouTube channel, in which he is seen talking to two boys. Both of them say that they had bought courses for 50000 and 35000 from a big user just to learn but they did not get any benefit from it. In the video, Sandeep is talking to people. In the same conversation, people tell them how a big user sells his course. Whose price ranges from thousands to lakhs, there is nothing special in the course, those who take the course are told to sell this course to other people too and since then this whole war has been going on which is not stopping. What do you think about this whole matter? Do tell us in the comment box.