People belonging to more than twenty countries are now following the Corporate Frauds Watch (CFW) blog on any given day. Since so many people of different countries have been reading the contents, CFW want to know an important issue.
In any jurisprudence, no person who was booked while committing a crime, should be allowed to commit the same crime and if he commits again the punishment would be increased. Not only that if the accused commits the same crime while under trial for committing the same offence, the judiciary would certainly frown upon him.
But interestingly, a strange phenomenon is happening in India. Amway India is facing a criminal case under the provisions of the Prize Chits & Money Circulation Schemes (Banning) Act, 1978 in the Nampally Chief Metropolitan Magistrate Court, Hyderabad after the Andhra Pradesh High Court held that the business model of Amway India is nothing but a money circulation scheme. However, the Amway India has been indulging in the same business model cheating the gullible all over the country. Though no person is guilty unless otherwise proved in a court of law, the Andhra Pradesh High Court refused to accept that general principle in the case of Amway India.
Our readers are requested to inform the Corporate Frauds Watch whether such thing happens anywhere in the world.
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