The recent good news from California about the humbling of the once mighty member of the 'Direct Selling Association, 'Travel Biz.com', demonstrates that there are at least some intellectually-rigorous law enforcement agents in the USA who fully-understand that since so-called 'MLM' companies have virtually no external source of revenue, their owners are illegally peddling infinite shares in what can only be their victims' own finite money.
Interestingly, your most-faithful reader, Mr. Steadson (a.k.a. 'IBOFB'), does not even attempt deny that most of 'Amway's' so-called 'sales' are to his fellow 'Amway' agents in an (effectively) closed-market. Steadson's latest precisely-worded post (which again reveals his unquestioning belief in the 'Amway' myth of 'total financial freedom in 2-5 years' ) are so intellectually feeble that they almost require no further comment. However, as I have previously tried to explain, the poor lad is apparently still unable to face the ego-destroying reality that he has been fooled by an updated version of an age-old game of make-believe tailored to fit his existing beliefs and instinctual desires.
The only other explanation is that our Mr. Steadson knows full well that he is telling lies, and that he is willingly taking part in an international conspiracy to commit fraud.
David Brear
Interestingly, your most-faithful reader, Mr. Steadson (a.k.a. 'IBOFB'), does not even attempt deny that most of 'Amway's' so-called 'sales' are to his fellow 'Amway' agents in an (effectively) closed-market. Steadson's latest precisely-worded post (which again reveals his unquestioning belief in the 'Amway' myth of 'total financial freedom in 2-5 years' ) are so intellectually feeble that they almost require no further comment. However, as I have previously tried to explain, the poor lad is apparently still unable to face the ego-destroying reality that he has been fooled by an updated version of an age-old game of make-believe tailored to fit his existing beliefs and instinctual desires.
The only other explanation is that our Mr. Steadson knows full well that he is telling lies, and that he is willingly taking part in an international conspiracy to commit fraud.
David Brear
2 comments:
Yup, didn't think you'd answer my questions.
BTW, most serious students of network marketing have long been of the opinion YTB was an illegal pyramid. I certainly thought it was. Len Clements of MarketWaveInc has been clear with his opinions as well.
The fact you think Amway and YTB operate the same way says much of your ignorance.
Again I ask, if Amway sales to end users who happen to be agents are not retail sales, and they're clearly not wholesale sales, then what type of sale are they?I assume since you think they're not retail sales, then you believe retail sales tax should not be paid on them?
IBOFB's falw is that he feels that people are required to answer "his questions". Based on the 1979 FTC findings, I believe Amway is currently in violation as they do not enforce their sales requirements.
Regardless of whether sales to downline counts or not, it's quite obvious that the Amway plan is a scam when less that 4% of products are sold to non IBOs. This figure clearly shows that downline's jobs are making the uplines wealthy. And this is Amway sales, not including the tool scam sales.
Post a Comment