Tuesday 23 April 2013

Dewsoft: Fake or Real

Update: Few people including me tried contacting Dewsoft on the numbers given below - but the numbers are fake or not responding. The email ID given here gives an auto response of mail acknowledgment but never replies to your questions. 

Try it and let me know if it works for you, below are the contact details as available on Dewsoft website

305-306, GaganDeep, Rajendra Place,
New Delhi-110008, INDIA
+91-11-32079644
+91-11-32079645
+91-11-41538644,45
+91-11-25766743,44
FAX: +91-11-25716839
Email: c.care@planetdewsoft.com

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Dewsoft is a Multi Level Marketing (MLM) company which promises quality education to its members. The company has been in India for 13 years and has more than 10,00,000 members as of today.

Many people ask, whether this company is fake or real? Is there any real education, or it is just chain making game to earn money.

I have done a research on all the big claims made by Dewsoft friends on the internet and tried to sort out the truth about Dewsoft.

Company:
The company is very hard to believe, there is a reason why I say this, becasue
1. The corporate address keeps changing in Delhi. 
2. The landline numbers provided on company's website are fake
3. There is no customer care or toll free number to contact the company
4. There is no mention of shareholders of the company.
5. The website is just a page with no information at all about the company
6. The contact email address provided on the website do not exists.

Earn While You Learn
Yes no doubt you will earn money, but the question is how? 
You will have to bring atleast three members to start earning money from the chain system. Now, from here it becomes a Ponzi scheme which is not legal in India. Everyone is looking for friends and relatives to join this Ponzi scheme and in return they make money. Simple logic is , if you bring Rs 24,000 to the company, you will earn Rs 2,000/-.

Learning has nothing to do in Dewsoft, they say they are offering education but no one has ever done or heard of it. They claim that Dewsoft has tie up with universities. There is no mention of Dewsoft in the list of any university. Dewsoft has no official teaching centers or institutions to offer education.

Dewsoft is Associated with

Federation of Indian Chambers of Commerce and Industry, INDIA 
There is no mention of Dewsoft on FICCI website

Institute of Electrical & Electronics Engineers, USA
There is no such mention of Dewsoft on IEEE website

Association for Computing Machinery, USA
This institute has nothing to do with Dewsoft.

International Society for Distance Learning, USA
No such society exists which offers membership

American Institute of Architects, USA
This institute has nothing to do with Dewsoft.

Council of Architecture, INDIA
This institute has nothing to do with Dewsoft.

Dewsoft is 7th largest company in India
This is completely false, it is not even 7000th largest company in India. This is just false statements by Dewsoft friends to show their ignorance about the world.


Study tie-ups.
Haliflex Uni. (U.K.) - Completely False
Deemed Uni. (Pune) - Pune University is an esteemed university, it will never associate itself with a Ponzi Scheme.

So, the bottom line is if you can do chain making schemes you can join Dewsoft otherwise it is completely false and fake company


Fake Offers by Dewsoft

1. Life Insurance Cover
There is no mention of Life Insurance on the company's website. It is all a made up story, no associate / member has a life insurance certificate to prove this.

2. 35 MB Web Space
The web space provided by the company is on its own domain. Such webspace are available for free on the internet.

3. Highest Tax Payer in India
I can't stop laughing listening to this statement. Do I need to answer this question or you have understood.

4. I earn Rs 1,00,000 per month from dewsoft.
This is very rude for people claiming to be earning 1 lakh per month. This is completely false, ask for their bank statement before believing such bull shit.

5. You can do MBBS / MCA / MBA / BBA / BCA etc
False, there is no education at all in Dewsoft.



Overall, Dewsoft is a waste of career and money. One will realize in the due course of time that Ponzi Schemes are not good for you if you have not started early.



Dewsoft Members talks like a philosophers, they have little or no knowledge about the world around. They talks so much but with no sense at all. They try to give Bull Shit all the time, and if you take it then you have to pay Rs 7000 to work in a Ponzi Scheme.

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RBI cautions against multi-level marketing firms
he Reserve Bank of India (RBI) on Thursday cautioned investors against multi-level marketing firms that promise high returns and run on hefty member susbscription fees, warning such offers could result in direct financial losses.


Multilevel marketing structures work on the principle of enrolling more members and a part of the subscription amount is distributed among members at the top of the marketing pyramid.


"Any break in the chain leads to the collapse of the pyramid, and the members lower down in the pyramid are the ones that are affected the most," the RBI said in a circular on Thursday.

http://timesofindia.indiatimes.com/business/india-business/RBI-cautions-against-multi-level-marketing-firms/articleshow/45717589.cms

Court Cases Against Dewsoft for Cheating and Fraud
1. Punjab and Haryana High Court
Advocate Name : MUNISH JOLLY
Diary Number:  O-1392143
Objection Date: 24/07/2015
Case Type:  RSA
Petitioner Name: SANJEEV SHARMA 
Respondent Name :  RSA  DEW SOFT OVERSEAS PVT LTD AND ORS
Main Case : None

2. IN THE HIGH COURT OF JHARKHAND AT RANCHI Criminal Miscellaneous Petition No. 1295 of 2014
https://indiankanoon.org/doc/192811805/

3. Income Tax Appellate Tribunal - Delhi Dewsoft Overseas Pvt. Ltd., New ... vs Department Of Income Tax on 28 January, 2016
https://indiankanoon.org/doc/100328272/

4. Patna High Court - Orders Rekha Devi vs The State Of Bihar on 29 July, 2011
https://indiankanoon.org/doc/958361/

5. Customs, Excise and Gold Tribunal - Delhi Dewsoft Overseas Pvt. Ltd. vs Commissioner Of Sales Tax on 27 July, 2006
https://indiankanoon.org/doc/1657219/

There are many more court cases against Dewsoft Overseas across India and Nepal. Be aware of joining this company.