Manu Jain, Global VP at Xiaomi & MD at Xiaomi India have shared that there are many retailers who were cheated by scammers giving fake franchises with fake documents of Xiaomi India and with fake signature of Manu Jain. Xiaomi have already taken necessary action against this fraud and investigation is in progress.|
Tweet by Manu Jain:
FRAUD ALERT! I have come across a scam where few retailers have been cheated into buying fake franchises of @XiaomiIndia Mi Stores! Shocking to see forged documents, with my fake signatures. We have filed a case with cyber crime department & police is investigating this matter.
Xiaomi have already opened more than 500 stores across India in 2018, so scammers got chance to cheat retailers by offering Mi Stores with forged documents. This also becomes problematic to Xiaomi India as they are planning to expand the Stores to more than 5000.
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