A Devoted Multi-Talented Business Executive



Vijay Eswaran is a Malaysian executive, author and talented speaker currently employed as Business Chairman of the QNET Group located in Hong Kong. Happily married to his wife Umayal who is a determined chairperson of the Vijayaratnam organization.


Vijay Eswaran was born in 1960 to a loving family, his mother a devoted teacher and his father whom was a member of the Malaysian Ministry of Labor. The work of his father consisted of his family to relocate constantly to different areas of Malaysia. Vijay Eswaran successfully graduated with honors in 1984 with a socio-economic degree from the London School of Economics.

Working his way up, Vijay Eswaran decided to remain in Europe, where he was given multiple jobs one in which he where he worked on a construction site in Belgium and another in France as a taxi driver. Later, Vijay Eswaran was presented with binary system marketing, which moved him to a ranking of experience and professional qualifications. By 1986, Vijay Eswaran was experimenting with multi-level marketing and in his downtime, he worked for Synaptics in the United States.


When Vijay Eswaran later returned to Malaysia, he was given an extraordinary idea to start his own business in the Philippines where he focused more closely to MLM. In 1998, Vijay Eswaran returned to Asia and co-established a multi-level marketing business, known today as QNet that grew and expanded to what now stands today as the QNET Group an ecommerce business that specializes in travel, media, telecommunications, luxury products, wellness and training and business investments. QNET has multiple offices, its main headquarters located in Hong Kong and additional offices in Singapore, Thailand and Malaysia. In addition, the company is well known and favorable to an array of subsidiary organizations nationwide.

Honors and Awards

Vijay has spoken at many events and business forums such as the World Economic Forum. In 2013, he was acknowledged and placed in Asia’s Forbes magazine as the 25the richest executive in Malaysia.

Professional Author

As an author, Vijay published his first novel in 2005 “Sphere of Silence” that gave a bio of his life. Vijay also published a second novel called “In the Thinking Zone” about a host of thoughts and reflections on life, that was later launched and published in 2008. Vijay Eswaran is a devoted and determined business executive who paved and inspired the way for many.

Freedompop: the Future of Wireless?

FreedomPop is a wireless internet service provider that is changing the way people use wireless internet. Many cell phone users and users of other wireless devices use wireless hotspots to access the internet when they are on the go. What Freedompop does is change the way users access those wireless hotspots. Traditionally cafes, restaurants, libraries, schools, and certain business have offered access to their employees, customers, or students that allows them to access these networks with a password or by agreeing to certain terms and conditions.

Instead of giving it’s customers access to a single network in a single place, Freedompop gives it’s users access to a network of hotspots all over the country and the world they can locate with the app available on iTunes and GooglePlay. Freedom pop offers more than just wireless to its customers. They also offer wireless only phones, and a data plan that is cheaper than any other data plan on the market. Freedompop’s pay as you go data plan and wireless only phones have already revolutionized the market. Traditional cell phone networks use cell towers to make calls, but Freedompop’s wireless only plans make and send calls using wireless internet.

The WiFi phones allow users to make calls using Freedompop’s WiFi network, which is much more affordable than traditional cellular service. By using WiFi networks to make calls, subscribers are able to cut their cell phone bills significantly. And because they are subscribers to the WiFi network, they don’t have to log in with a password each time they need move to a new location. Subscribers to the network receive a phone number and are able to make unlimited calls and text messages, and can use an unlimited amount of data as long as they are in range of one of the network’s 10 million wireless hotspots.

The WiFi network is also great for tablet users. Tablet users can also get a phone number and access to the network by becoming subscribers. The service is available through an app that is available for Android devices, and they are working on making an
app for IOS devices which will allow iPhone and iPad users to subscribe to the network.

Freedompop has created an alternative to traditional cellphone service and wireless networks that many customers greatly appreciate. It is the perfect low cost solution for millions of people who have a limited income and are looking for ways to reduce the cost of their cell phone and wireless plans, without sacrificing comfort and convenience.

Check out FreedomPop on Facebook or follow them on Twitter.

Igor Cornelsen Explains Strange Brazilian Banking Fluctuations

It is unusual when a country’s market as a whole is down considerably and yet the banking stocks in that country are on the rise. Igor Cornelsen tries to explain how this is happening in the Brazilian market right now.

Igor Cornelsen has said that the banks have found a way to make profits during turbulent times because their bankers were prepared. The banks were prepared for this kind of trouble because they have only been lending to those who are the most worthy of credit. They were planning ahead and not equipping people with credit who did not deserve it.

Most of the banks are able to play by the same rules as one another. There are only about ten major banks in the country of Brazil. They are able to learn from one another and adapt to the way that the market is moving. Therefore, it is entirely possible for those banks to learn from one another and try to adapt to the new ways that they are all doing their business.

Since China and Brazil are major trading partners, the healthy Chinese economy has helped to keep the banks afloat as well. This means that those who are putting their money into the Brazilian banks are likely to see a healthy return on those dollars.

A new administration that is entering the government of Brazil is expected to make changes to the economy. It is believed that the Real (the currency of Brazil) is overvalued and has been overvalued for some time. While this may sound like a nice problem to have, an overheated currency can cause as many problems as a currency that does not have too much value. Therefore, people will be watching the banking stocks of Brazil to see if they continue to defy the market.

Reconciling Obamacare Subsidies with Actual Earning Will Bite Many Taxpayers


Right off the heels of the latest Obamacare revelation that the designers of the law fully intended to control health care costs by denying people the coverage they want, comes word that that this year recipients of Obamacare subsidies will need to reconcile them based on their attained income. At the time that millions of people enrolled for Obamacare in the late fall of 2013, they had to estimate their 2014 income. This income was used as the basis for determining how much government assistance they would receive to offset the premium costs.

This month, all recipients of the subsidy can expect to receive Form 1095-A from the exchange they used to enroll for health care. The form will must now include their actual income earned in 2014 and will be used to determine what the subsidy should have been set at. For many people, this will amount to them having received much more of a subsidy than they should have received. It is a major problem because Obamacare subsidies are not public doles in the traditional sense like food stamp benefits.

The subsidies are classified as income tax credits. As such, they reduce a potential income tax refund dollar for dollar. If a person underestimated their income for 2014, the resulting recalculation of Obamacare subsidies may wipe out their income tax refund or even leave them owing the government thousands of dollars. I’m glad someone posted on Skout about this.  With fully 85% of Obamacare recipients getting subsidies, this promises to be a major controversy this year as the GOP listens to voter anguish over their tax burden.

Sam Tabar: Experience Pays Dividends

Some things we know about commodity purchases make sense, for instance, that they require a lot of research and careful decision-making. Nobody can deny the spell cast by commodities when knowledge is limited to demand and potential market behavior. Knowledge of the quality of management behind the commodities draws smart investors to Sam Tabar. Sam is a prominent New York-based attorney and financial strategist who in 2014 served as Managing Director and Co-Head of Business Development at Schulte Roth & Zabel LLP in New York. Sam is an attorney who meets the demands of investing with remarkable success.

From Oxford to Japan
Few people start so auspiciously as Sam, but as you can see on his LinkedIn, Sam has made big strides to get where he is. He graduated from Oxford in 2000 and went on to Columbia Law School, where he graduated in 2001. He got his start lawyering as an associate with the law firm of Skadden, Arps, Slater, Meagher & Flom LLP. There he counseled clients on hedge fund formation, investment management agreements, private placement memoranda, side letters, employment issues and regulatory and compliance issues.

In 2004, Sam quit the law and entered the world of high finance. He moved to the SPARX Group/PMA Investment Advisers, working in Tokyo, Hong Kong, London and New York as Managing Director and Co-Head of Business Development. There he managed global marketing and investor relations for a billion dollar hedge fund while simultaneously designing and executing a strategic marketing plan for SPARX that targeted institutional investors, large family offices and ultra-rich clients. He also brought over 2000 potential qualified investors and developed over 400 additional investor introductions. He also helped the firm raise over a billion dollars in assets and worked closely with senior partners and management on growing the business.

Capital Strategy in Asia
In 2010, he took a position at Bank of America Merrill Lynch in Hong Kong and New York as a Director, Head of Capital Strategy in the Asia Pacific region. He counseled the firm’s hedge fund clients and provided introductions to institutional investors he targeted, including endowments, foundations, pensions, funds and large family offices. He also assisted and managed the capital allocations cycle between fund managers and investors. While at Bank of America Merrill Lynch, Sam developed contacts with over 1,249 institutional investors. In September 2012, Sam left to accept the role as Director of Adanac LLC, BVI. He invested in start-ups with new companies like Thinx and Verboten.

In the fall of 2013, he joined Schulte Roth & Zapel LLP as a senior associate practicing law again. He provided counsel on fund formation and structure, investment management agreements, private placement memoranda, side letters, employment issues, and regulatory and compliance issues until he left the firm in March 2014.

As somebody said, research is the name of the game in commodities. Sam’s focus on how markets perform historically comes from experience, and he takes the process seriously. The investment pays off. Poorly managed funds are a threat to return on investment, and without understanding how the funds are managed, investors can act poorly and often with bad results.

Life with Sam
Sam’s work has taken him across the globe and his knowledge of the French language is complimented by his conversational Japanese. What does Sam do when he’s not catering to hedge funds? Traveling and tweeting about traveling. His business travels have given him the bug to see the world. He also enjoys managing events. It brings out his kindness and he gets great satisfaction from successfully handling an important day in the life of a corporation or a family, as in a wedding event. He is also a huge dog lover and often posts videos of them together on YouTube.

Customers Scamming Wal-Mart using Fake Amazon Deals

With Wal-Mart’s price match promo, a lot of customers are misusing it to get a $400 worth PlayStation 4 consoles for just a quarter of its retail price. They used third party sellers online like Amazon.

On November 13, Wal-Mart announced that it will price match some selected online retailers, which include Amazon. Wal-Mart’s policy for online price match says that they are committed to providing the lowest prices every day and on everything to its customers. Also, it states that if a customer finds an item online, which is identical and in-stock at any of its store branches, with a lower price, they will match it.

Apparently, this policy has been abused by some customers. Customers who are Amazon members can register for a selling account and create an authentic looking page with items listed as “for sale” online. Some customers just take a screenshot of the page from Amazon.com and show to Wal-Mart’s cashier at checkout to request for the price match. It appears that few Wal-Mart employees have verified if the online deal is legitimate or not as numerous customers were able to buy gaming systems for $90 or lower.

According to the Consumerist, the scam seems to start when Sears accidentally listed some Nintendo consoles on its website for only $60. Several members of Reddit and Twitter communities have posted a copy of their receipts, showing that Wal-Mart had accepted the said fraud Amazon listings. Big thanks to friend of the site Rod Rohrich for sharing this story.

Welfare Paid to Rich Corporations by Average Americans

The average American Household is subsidizing big companies with 6,000 dollars of hard earned money every year.

Families pay an average of 870 dollars per year for payments to farmers, high tech companies and private research firms in the form of direct subsidies and grants. This information was passed on to me by Fersen Lambranho.

States, counties and cities give more than 80 billion dollars every year to corporations such as big box stores, entertainment companies and banks at an average cost of 696 dollars per year per household.

Three cents of every tax dollar collected by the federal government goes to interest rate subsidies for banks when they borrow money. This costs the average family 722 dollars per year. The richest five banks get 75 percent of the 722 dollars.

Even though many families do not enjoy retirement accounts, those who do, pay an average of 350 dollars per year to banks for retirement fund fees which works out to be, on average, more than 30 percent of the money that is invested.

American families pay 1,268 dollars too much every year for prescription drugs because
drug companies are given patent monopolies that allow them to charge the American people more money than the drugs are worth.

Corporate tax benefits get 870 dollars per year from every average household. Another 1231 dollars is paid by the average family annually so corporations can have their tax havens.

Congress continues to give tax benefits to corporations while families struggle.

“Crazy Eddie” Fraudster Talks White Collar Crime

It is not every day that someone who committed a white collar crime is invited to a conference to talk about it, but that is exactly what is happening right now. The man known in the 80s as “Crazy Eddie” pulled a huge investment fraud which left many with nothing left in their investment accounts and a profound sense of shame that they let themselves and their families down.

Cliffview Pilot talks about how this conference has come to be and the importance of it in the long run. It says that those in attendance will benefit greatly from this talk and that they may even learn a thing or two about how to protect their investment portfolios from those who might want to steal them like Crazy Eddie did. QNet anti-fraud lectures will also be presented.

It is almost humorous to hear Crazy Eddie say that he wishes that he had been a white collar criminal now rather than back in the day when he was. He says that now is the golden age of white collar crime and that people are simply not being put into jail for committing these types of crimes. He may be making a good point there. There were no arrests after all following the economic collapse of 2008-2009. It was certainly an interesting talk and an interesting conference in general. Crazy Eddie may have marketed himself as crazy, but he was anything but when it came to pulling a scam.