Post-Independence, Amway is the worst thing that happened to India. Till 1990s, the Indian economy was closely guarded. Since liberalisation, the economy was opened and a sizable number of multinational companies landed in the country. Indians enjoyed a never before freedom to choose from a wide variety of choice of things right from automobiles to luxury goods.
Indian Government has woken up to the challenge of umpteen cases of open money circulation schemes in the 1960s and 1970s and enacted a powerful enactment called Prize Chits & Money Circulation Schemes (Banning) Act, 1978. With this enactment the open money circulation schemes or Ponzi schemes were effectively stopped and many persons were sent to prison.
However, with the entry of Amway in the late 1990s, a new type of racket was launched in the country in the name of sale of products and services. This went on unchecked for nearly a decade.
As back as in 2003, the Madras High Court instructed the police to register criminal cases against companies like Amway India, Quantum International and others while hearing a writ petition. Still, there has been inaction on part of the police.
It all changed when Mr V C Sajjanar, the Indian Police Service officer with impeccable integrity and honesty filed criminal cases against Amway India which led this international crooks to a defense position. However, the justices of Andhra Pradesh High Court have seen through the crooked activities of Amway India and delivered the most sensible judgement holding the business model of Amway India as illegal. Later, the Supreme Court of India also upheld the AP High Court judgement and dismissed the special leave petition filed by Amway India stating that there is no merits in the petitions.
Now the criminal case is pending in the Chief Metropolitan Magistrate Court, Nampally, Hyderabad. It may take some more years to complete the trial.
It is high time, more and more people who suffered financial loss and humiliation after joining such companies came forward and filed criminal cases against these crooks including Amway India, Herbalife, Forever Living Products, Tupperware, New York Max Life Insurance, AMC and others. Then only this type of crooked business models would be stopped immediately.