Indian judges again identify 'MLM' as criminal activity

Shyam

It seems that your Indian judges have again clearly identified the crime that so-called 'MLM' has been hiding for more than half a century.

Meanwhile, the inflexible 'Amway' Lord Haw Haw, Mr. 'IBOFB' Steadson's, latest reality-inverting bullshit is so absurd, that only someone whose critical and evaluative faculties have been shut down, could swallow it. Mr. Steadson, who represents billionaire 'MLM' swindlers, has put forward the theory, in a recent comment on your Site, that Robert FitzPatrick is a pseudo-scientific swindler who makes money from selling his services as an expert on 'MLM' swindles. Not only that, but Mr. Steadson has also suggested that, by appearing as an expert on 'MLM' swindles on the US television show, 'Penn and Teller's Bullshit' Robert FitzPatrick has successfully fooled America's most-famous experts on pseudo-scientific swindles.

In the adult world of quantifiable reality, Indian judges remain in complete agreement with our own, Robert Fitzpatrick's and Penn and Teller's simple analysis of why so-called 'Multilevel Marketing' schemes are variations of the same form of fraud.

In almost all countries, the instigation, and/or promotion, of a self-perpetuating money circulation scheme, in which ill-informed individuals are recruited and induced to hand over their cash on the economically-unviable premise that they can all make unlimited profits derived from escalating commissions paid to them by the sponsors of the scheme for finding further recruits, and from commissions paid to them by the sponsors of the scheme for their recruits finding further recruits, etc. etc. in an infinitely-expanding geometric progression, is a crime commonly-referred to as a pyramid scam.

The most-accurate, deconstructed description of a pyramid scam is a 'premeditated closed-market swindle.' Obviously, since the only money in a closed-market comes from its participants, then no matter how the instigators of this hermetic system divide up the cash, for a minority to receive substantial profits: then the overwhelming majority have to lose. Victims have, in fact, been peddled infinite shares in their own finite money.

In the late 1940s and early 1950s, in order to avoid prosecution, US-based racketeers (who hid behind the Bible and the Stars and Stripes) developed a heavily-disguised version of a pyramid scam in which the victims were arbitrarily defined as, 'Distributors,' and their illegal cash payments as, 'Sales.' Recruits were initially told that they could all make significant profits derived from escalating commissions paid to them by the sponsors of a new type of 'Direct Sales' scheme. However, once inside the scam, victims found the products effectively impossible to sell for a profit, but they were assured that, in order to make big money, there was no need to sell anything.They could all make unlimited profits derived from escalating commissions paid to them by the sponsors of the scheme for purchasing the products themselves and for finding further recruits, and from escalating commissions paid to them by the sponsors of the scheme on the purchases of their recruits and on those of their recruits' recruits, etc. etc; in an infinitely-expanding geometric progression.

For more than 50 years, what the instigators so-called 'MLM' schemes have steadfastly pretended to have done (i.e. sell products), and what they have actually done (i.e. peddle victims infinite shares in their own finite money), proves them to be liars and thieves.

David Brear(copyright 2010)