Wednesday 1 April 2009

UK Govt must file criminal case against AmwayUK

Shyam, I have been reading your latest posts on 'Corporate Frauds Watch.'

Well done, these are excellent well thought-out pieces.

In the face of sneering cowards, your own courage and dignity shine through like a beacon. It is my considered opinion that you acting in defence of your country and your fellow citizens.

You are quite right to concentrate on issues which these sinister 'Amway's' apologists cannot refute. Obviously, the one question that they cannot answer is:

Exactly what percentage of 'Amway India Enterprises' claimed 'sales' are genuine retail transactions (i.e. purchases made by individuals who are not agents of the company)?

Tellingly, the corporate officers of 'Amway India Enterprises' offer no accurate, verifiable information on this vital point. They are are, in fact, telling lies.

The UK government regulators discovered that during 2006-2007 more than 95% of 'Amway UK Ltd.'s' claimed 'sales' were, in fact, a puerile fiction, because they were counterfeit retail transactions made to 'Amway Distributors' themselves. Thus, 'Amway UK' was caught red-handed deliberately operating, and hiding, an effectively unviable closed-market; for without sufficient external revenue (due to the banal quality and exhorbitant pricing of the products), it is a mathematical impossibility for the contributing participants in such a sealed economic system to receive a profit. Less than 5% of the money allegedly available for 'Amway' commission payments in the UK came from outside the hermetic 'Amway' market. No matter how this money was divided, the overwhelming majority of 'Distributors' were condemned to make an over-all loss. Mysteriously, the UK government lawyers failed to explain exactly what was occurring to the both the UK High court and the UK Appeal Court. However, the Corporate officers of 'Amway UK Ltd.' should have faced criminal fraud charges. They were actually peddling UK citizens infinite shares in their own finite money. Instead, the UK government regulators chose to attack 'Amway' in the civil courts using technical insolvency procedures. This less-than-intellectually-rigorous approach partly explains how 'Amway UK Ltd.' escaped official closure. That said, 'Amway' has effectively been halted in the UK, but the racketeers behind 'Amway' and all the other 'Multilevel Marketing' cults are exploiting the UK episode to commit fraud around the globe.

Hopefully, the regulators in the world's largest democracy will not be moral cowards and make the same mistakes as were made in the UK.
David Brear

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