Here is another MLM, Grace Air Travels, which claims to give cash rewards and a tour to Thailand on selling travel packages
If easy income on filling surveys, selling household products or simply watching advertisements were not enough, here is a multi-level marketing (MLM) company, which claims to give money as well a free tour to Thailand on selling travel packages.
Grace Air Travels, registered in Allahabad, claims to be engaged in selling and marketing its travel packages through rewards and incentive based business plan. Though there are certain restrictions on the earning its business plan carries features of a typical MLM model.
To join this company, one has to purchase a travel package and become a “Business Travel Associate” (BT). To be eligible for incentives, he/she has to further sell and market the various packages of the company.
The company, on its website, has gold package, amounting for Rs8,995, which is a holiday stay voucher for three days and nights. There are various destinations, included in this package from Shimla to Goa across the country.
However, it is not as easy as it appears. The company had carefully added certain riders into its business plan such as, “…the voucher is not valid for peak seasons” and “…the company would decide the tour dates and timing, which need to be strictly adhered to”.
A member or BT has to introduce two people (A1 and A2) to the company and two more each under A1 (B1 and B2) and A2 (B3 and B4). On completing this cycle, the member becomes eligible for a trip to Thailand.
On further introducing more people on his both sides, apart from the above mentioned, he/she would be eligible for cash-back reward of Rs1,000, in addition to the Thailand trip.
Interestingly, it has a cap of Rs75,000 on the cash back incentives. It says, “Notwithstanding any thing contained anywhere, the company authorizes itself to create a fund/reserve for the payment of Cash-Back incentive and can suo moto put a cap on the inventive if it feels that the said fund/reserve is in the danger of getting depleted or falls below a stipulated determined level. The decision of the management of the Company would be final in this respect.”
Experts say that any business model based on introducing more people to join company and claiming to give high rewards is unsustainable. People should refrain from associating with companies with such business plan.
Meanwhile, there are numerous complaints against the company on the Internet. “Please don't join in Grace Tourism. It’s a biggest fraud company with very cheapest management and without a vision & they will change their business plan according to their wish…,” reads a complaint on www.consumercomplaints.com
Another complaint reads as, “…They (Grace Air Travels) are collecting money from noble and innocents people for that company. They are making false promises to send to Thailand... I would like to tell you that they have already cheated me & my father. They are big Fraud & cheaters. So please be aware of them, neither entertain them nor invest your precious money for that company...” I am your well wisher from Bangalore.
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Readers are also requested to read :
http://www.quatloos.com/mlm/mlm.htm
Claims that you will receive discount or free travel are almost always scams
if you make money recruiting people, it is probably not something you want to get involved with unless you want to recruit people.
Outrageous claims like "We are doing so much cruise business, we are going to buy our own ships", "We are revolutionizing the travel industry" or "We are growing so fast we are going to become the largest travel organization in the world". If the company is new (less than 2 or 3 years old), be very cautious.
Like most scams, perpetrators appeal to one's greed by indicating that you will get something for nothing. Getting free upgrades, discount cruises, free hotels stays and upgrades, admission to events and sightseeing attractions with a phony travel agent ID card is nonsense.
http://www.homebasedtravelagent.com/scam...