Have you ever encountered a scheme that promises to double your money if you just join and bring two friends along?
If yes, you might have stumbled across schemes much like Kanwhizz.
But before you join the scheme, check whether Kanwhizz real or fake?
Let’s break down what Kanwhizz is and is it really safe to use.
Is Kanwhizz Real or Fake in India?
Kanwhizz is a multi-level marketing (MLM) company based in Bareilly.
It is operating under Kanwhizz Industries Ltd., founded by Kanhaiya Gulati in 2007.
The company offers products such as cosmetics, health, and home care items.
It operates through a direct marketing model, which allows direct selling.
It promises, if you invest money and bring others in, you will earn monthly returns, bonuses, and even double the investment return.
Sounds tempting, right?
But for most people who fell for this never saw the promised riches.
Beyond this, on the website, there are two different application links:
However, when you click on the link of the KSM app, no app exists, and the right link forthe Kanretail app is not a real app but an apk file.
Based on these findings, the situation strongly suggests that the “KSM” and “Kanretail” apps are not legitimate.
If the official-looking link for the KSM app leads nowhere and the Kanretail link only provides an APK file instead of a real app store download, it aligns with common patterns of APK-based scams.
Legitimate companies release apps through trusted platforms like the Google Play Store or Apple App Store, not through direct APK downloads.
Distributing an APK is a known tactic used by scammers to bypass security checks and trick users into installing apps that can steal data, access messages, or control the device.
Overall, the lack of a genuine app, the reliance on APK files, and the misleading links strongly indicate that these apps are likely unsafe or fraudulent.
This pattern suggests a high risk of malware, data theft, or financial scams, and users should avoid downloading or installing anything from such sources.
Is Kanwhizz Safe?
Kanwhizz is known for a multi-level marketing business.
And when it comes to MLM, it is a controversial business model where the network is the key.
The revenue for such businesses primarily comes from recruiting new members rather than actual product sales.
There is a way of using MLM legally, but many companies cross the line into illegal pyramid schemes.
The reasons why these models are risky include:
- Earning depends on recruitment than on selling
- Only the early joiners can profit, and others lose their investment.
- The government investigates and bans such schemes when it receives consumer complaints.
Kanwhizz Complaints
Multiple reports have been filed against Kanwhizz in Bareilly and Lucknow, primarily for deceiving people.
In 2023, FIR’s were filed against the founder, Kanhaiya Gulati.
Victims reported being convinced to invest between ₹1.5 lakh to ₹20 lakh with the promise of doubling money in 30 months.
In one reported case over ₹7 lakh was taken under a magic in income plan, which promised to double the money in 2.5 years, but none was returned.
Exact totals?
People have reported losing several lakhs each.
A woman agent reported that she lost ₹1.3 crores in Kanwhizz. The overall loss is estimated in crores. Lack of comprehensive accounting means the real number could even be higher.
Apart from this, there are other complaints too.
A resident of Lucknow invested ₹1.5 lakh expecting a monthly payout for 32 months, but received money just one time before payments stopped.
A resident from Nawabganj invested ₹20 lakh expecting a plot after five years, but got nothing. Instead, his deposit receipt was torn up, and he was threatened by someone. Kanwhizz MD.
Bihar’s resident invested ₹7 lakh in a “double your money” promise, but after raising complaints, received threats and was denied any return.
How to Protect Yourself from Fraudulent MLMs?
Let’s keep it simple.
Don’t invest in “get rich quick” MLMs that reward you more for bringing people than for selling a real, useful product.
Here are some warning signs:
- Guaranteed or unusually high returns are promised.
- You are asked to “invest” in joining, not just to buy products.
- Pressure to recruit friends and family.
- No clear information about the company, its leadership, or how profits are generated.
How to Report Kanwhizz?
Your safety is in your hands. Stay alert while investing in any platform and double-check it before you get scammed.
If you encounter something like this, you should immediately take safety steps such as:
- Gather evidence such as transaction details and communication records.
- File a cyber crime complaint promptly with and financial regulatory authorities.
- Avoid further investments or recruitment efforts.
- Warn friends and family to prevent them from using such platforms.
- Seek legal counsel if a significant financial loss occurs.
- Stay informed and educate yourself about the signs of MLM fraud.
Need Help?
We understand that it becomes very frustrating when all our hard-earned money just vanishes in seconds. In case you are confused about how to report such fraud online, register with us now.
Conclusion
Now you might have got your answer for the question “is Kanwhizz real or fake?” The evidence shows that multiple people have been victims of this platform. Don’t get tempted by the glitter of easy earnings. Real opportunities never come wrapped in secrecy, threats, or vanishing payments.
If you or someone you know has been targeted by a platform like Kanwhizz you should inform authorities. Always dig deeper before risking your money.
