The thief is caught in the act. He confessed that he has been stealing from people at large. However, he demands not to be punished. How could the court allow an out of court of settlement for theft. Still, he appeals to the court for an out of court settlement promising he would mend his ways.
The arrogant apologists continue to argue, albeit lamely, that the culprit wishes to pay some amount to the victims as if it is a great thing.
Don't they realise that Amway is admitting its guilt by agreeing to pay its victims. Don't they understand that the Amway business model is nothing but a pyramid scheme and outright cheating. They know well that Amway has indulged in stealing all these years. They steadfastly defended its business model. They also pretended that everything is fine with Amway though they and their friends and relatives have already lost a substantial amount in the Amway racket.
If it is in India, the Corporate Frauds Watch would have filed an implead petition in the criminal case under the new provisions of CrPC and contested for imprisonment for the past deeds of Amway.
We, people of India, appeal to the American judiciary not to allow the thief go scotfree. Under the Prize Chits & Money Circulation Schemes (Banning) Act, 1978, the act is punishable with three years imprisonment and fine.
7 comments:
@Shyam, have you even bothered to read the settlement, where it explictly states Amway deny all charges?
Have you bothered to read the letter from Steve Van Andel & Doug DeVos talking about the case, which I already linked to on your site?
Have you bothered to do some simple math and realise that if nearly half of the settlement amount is reserved to pay the plaintiffs lawyers, it means settling is almost certainly saving Amway a fortune in their own legal fees?
Have you bothered to do any thinking at all, or are you simply interested in maintaining the fiction you've created in your head?
Because that's what people who haven't done anything wrong do. They settle.
I'm sure if I got sued I'd settle too.
Especially if I didn't do anything wrong. I'd settle.
Because that's what everyone does who hasn't done anything wrong.
Good to see you again David Steadson! I thought we'd lost you when you got taken to task on the retail sales rule!
Yep. You're an excellent reference on all things legal!
Speaking of fiction Steadson, what level are you at? You have never once stated your level in Amway.
Ashamed? You seem to spend all kinds of time to talk the talk, but you don't seem to walk the walk.
Do you plan on retiring based on an Amway income Dave?
Better hurry up! Soon everyone will already be in!
What settlement? Why settlement? When your proved great business opportunity is excellent and you have been crying hoarse that it is the best business model. Contest the case till the end. Crooks! You are still looting my country. Get lost!
Well, you guys are certainly confirming your intelligence. You apparently believe it's better to spend $100million on legal fees over many years, suffer bad publicity and release of trade secrets - and win a case - then spend $55 million to get it settled and the case withdrawn.
Smart.
Not.
I've been involved in a legal challenge recently. Every single lawyer we have consulted has said our opponents have no chance of winning, they have no case. Every single lawyer we have consulted has also said we should settle, even though we are in the right.
But hey, I guess you guys believe you're as clever in legal matters as you are in Amway matters!
Which means ... pretty damn dumb
I don't believe in paying for something when I haven't done anything wrong.
You even said they apologized, so obviously they weren't the knights in shiny armour falsely accused of something they had nothing to do with.
What you are insinuating (deliberately) is that Amway did nothing wrong, which as you know perfectly well, is not true.
Again, you obfuscate, spin, and make Amway look even worse.
Bad PR? How could it get any worse? Amway is on the threshold of hell when it comes to public relations the past 15 years!
You've shown that your ego and what you think you can sell to people as true is far more than you can handle.
Keep digging though! It's fun to watch.
IBOFB: "Well, you guys are certainly confirming your intelligence. You apparently believe it's better to spend $100million on legal fees over many years, suffer bad publicity and release of trade secrets - and win a case - then spend $55 million to get it settled and the case withdrawn."
Bad publicity? LOL.
Of course Amway would likely fight to the death if they were certain of winning.
When did IBOFB become a spokeperson for Amway?
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