Two Unity big fish netted
Police on Sunday rounded up two senior affiliates of Unity Life International (ULI) that has duped thousands of members.
The arrestees have been identified as Narayan Prasad Sapkota, a resident of Nawalparasi, and Tulsi Adhikari. They are among 30 'top achievers' involved in amassing hefty commissions from hundreds of thousands of subscribers.
Based on intelligence inputs, separate squads deployed by the Metropolitan Police Range Lalitpur apprehended Sapkota from Nakkhu area while Adhikari was nabbed from Baneshwor, according to Range chief SP Bikram Singh Thapa. With the formation of the Jhala Nath Khanal-led government, ULI members had intensified protests asking authorities to lift the restriction on the network.
Speculations were rife that Finance Minister Bharat Mohan Adhikari gave the signal to ULI members that they would be let off the hook. Officials investigating the high-level 'fraud' believe the government's perceived reluctance to bring the guilty to book gives credence to the suspicion. Police, however, said that on a top priority basis they will arrest those receiving huge sums of money as commission.
Investigations have shown more than 58,000 of the 366,000 members amassed hefty commissions from ULI that offered social security schemes without legal permission.
It ran a flawed binary network marketing model based on the pyramid structure.
The company was banned after it came to light that it had brought into its net thousands of clients, raking in more than Rs 6 billion. Many of the top men, including its Managing Director Bishnu Chhetri, are still at large.
Posted on: 2011-04-25 09:11
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