Cheated, Bangalore women vent ire with chappals

Angry women investors from rural Bangalore armed with slippers, which they hurled in anger, created a scene at a seminar where a Chennai-based marketing firm was holding a meeting with its distributors on Sunday.

Central police intervened and took away the women and the organisers of the event. The chaos was the result of anger over a broker’s alleged misappropriation of money.

RMP (Resource Money and Power) Infotech, a chain link network firm, was holding talks with its distributors at Kuvempu Kalakshetra in KIMS Hospital campus when about 30 women from Bidadi, Kanakapura and other rural parts of Bangalore barged into the hall and disrupted the meeting. Hurling slippers at the organisers, the women said they were cheated by the chain link company.

“I had invested more than Rs6 lakh. Now I am answerable to all those women who were introduced by me. Abhilash Thomas and one Prem Singh had promised us a cheque as our link earned points, but it never came,” said a protester, Latha.

RMP Infotech has a binary plan which gives each distributor an opportunity to earn some income. The company has certain products which the distributors have to sell.

They also have to introduce two members to the firm. As long as the members remain active, the introducer is benefited with a sum as interest. But if the chain breaks with at least one loose link, the introducer loses the interest.

The women alleged that each time they claimed their dues, they were sent away with threats.

An executive director of the company, Madhu, said all transactions were recorded online, and the firm only accepted cheques or demand drafts, he said. 

“There is some misunderstanding,”  he said. Police Inspector David Meshak agreed there seemed to be a misunderstanding as one of the brokers had taken the amount. “Both parties are now trying to reach consensus, no complaint was registered,” he said.