Many a time we hear people praising that so and so company is an honest one conducting business legally. I would like to remind them that Honesty is not a relative term. It has to fulfil many things. For the simple reason that some company is given permission to conduct business by the government or the company is conducting business openly by issuing demand drafts and its operations are computerised, do not make it an honest company. We have to make sure that these companies are not violating the law of the land.
The glaring example is the recent criminal case against GoldQuest International Ltd. Its members argued vehemently that the company is a legal one and it is conducting a good business transparently. Once the criminal cases are filed against them, everyone went into hiding instead of answering to the courts of law that they are doing honest business.
Let us recall what the assistant solicitor general of India commented in the Amway writ petition No. 20470 and 20471 in the Andhra Pradesh High Court that the scheme the Amway is implementing is not the one accorded permission by the Indian Government and the Amway cannot use the government permission as shield to escape its liability.
Yet, people innocently or rather cunningly argue that the Amway is conducting business legally. This is only to deceive themselves. The important thing is that they are induced to become easy/quick rich and they are in the hope that they would become rich sooner or later. But by the time they realised it is a mirage, the damage would be done and they would be bringing in more and more friends and relatives into the web of the money circulation scheme. These friends and relatives cannot complain against their introducers fearing that they would lose them forever. That is the secret behind the Amway scheme.
Another argument is that the Amway is refunding the money if the customer is not happy with their products. Still, the customer is bound to lose money on account of returning the products and the membership fee.
Regarding ethics, when the whole scheme is evil and ingeniously designed to bring in more and more people into it in the name of attractive commissions, what is the point in discussing ethics. The whole scheme is against the law of the land i.e. Prize Chits & Money Circulation Schemes (Banning) Act, 1978.
Please feel free to ask any more queries.