Wednesday, 22 April 2009

Indian law is unique and Amway officials would soon be penalised

Recently, the managing director of Amway India Enterprises Mr William Pinckney in a press meet recently said that there is a need to regularise direct selling in India. One can deduce by that statement what he is up to. He is preparing ground to regularise the Amway swindling by making amendments to the Indian laws.
After all these criminal cases, writ petitions, High Court judgements and more criminal cases, the Amway India Enterprises, the American swindler which has been deceiving people for over a decade is still hopeful of hoodwinking the law enforcing authorities in India. The Amway apologists should realise that the Indian law is unique and it is going to hurt Amway business in a big way soon. That is why Amway India is trying to hard to convince authorities that its business is legal.
The basic question is how the Amway distributors are going to become millionaires in a short span. This question they never answer. You have to keep on enrolling more members and keep on selling the hopelessly high priced products to people. But where do you find so many people. That is why it is called mathematical impossibility. Who will buy these high priced products? They will but only if you induce them to become millionaires if they enroll more members. That is why the Andhra Pradesh High Court called it a 'vicious circle'. The point is very simple and any layman could understand it. But Amway apologists conveniently try to pull an innocent face stating that everything about Amway is great.
The Indian Law penalises money circulation schemes i.e. ponzi schemes and the Amway India's scheme is nothing but a money circulation scheme in the guise of product sales.

1 comment:

Tex said...

You said in the previous thread, "It is not strictly accurate to say that Indian law is unique. In truth, technical legislation exists all over the world which has been designed to outlaw Ponzi (or money circulation) schemes."

My response was, "Where did I claim Indian law is unique? I WILL say Amway has told me some countries require retail sales, and others don't (I think one of them is Australia), and I don't know what the law in India says about this, do you?"

So which is it, you appear to be making up an argument, then arguing with yourself?