Monday, 8 October 2012

The 'lie' fundamental to all 'MLM/Direct Selling income opportunity'frauds


Shyam
 
I think that we should again remind your free-thinking readers that it is universally accepted that lying to, or withholding key-information from, people in order to take their money, is fraud which is a form of theft. However, common-sense reveals that, by 'passing any law, but failing to enforce it, has the effect of authorizing (but not legalizing) the very crime which you are trying to prohibit.' 
Bearing the above in mind, I observe that various intellectually-castrated commentators have recently appeared on 'Corporate Frauds Watch' who, on the one hand, have freely-accepted that certain 'MLM' schemes (like 'NMart') have been frauds prohibited by Indian criminal law banning money circulation schemes. However, on the other hand, they keep insisting that these criminal 'MLM schemes' can't have been authentic 'MLM schemes,' because 'MLM' is a lawful 'Direct Selling Business Model.'
As ever, none of these latest 'MLM' propagandists can produce any independent quantifiable evidence in the form of audited accounts (particularly, income-tax payment receipts) to support the absurd fairy story entitled 'lawful MLM/Direct Selling.'  
As you know, about 15 years ago, I coined the common-sense phrase: 'premeditated, or dissimulated, closed-market swindle,' in order to deconstruct all Ponzi schemes, pyramid frauds, money circulation games, chain-letter scams, etc. The lie which is fundamental to all 'closed-market swindles' is that people can earn income lawfully by contributing their own money to participate in any alleged 'profitable commercial activity' which is secretly an economically-unviable fake, due to the fact that the alleged 'profitable commercial activity' has no significant, or sustainable, source of revenue other than its own participants.
For more than 50 years, in the USA, 'MLM/Direct Selling income opportunity' racketeers have been allowed to dissimulate closed-market swindles by offering their victims various banal, but grossly-over-priced, products, and/or services, in exchange for unlawful payments, on the pretext that 'MLM' products and/or services, can then be regularly re-sold for a profit in significant quantities. However, since no gang of 'MLM' racketeers has ever proved that 'MLM'wampum has actually been regularly re-sold directly to the general public for profit in significant quantities, 'MLM' participants have, in fact, been peddled infinite shares of their own finite money.
In the final analysis, other than their ephemeral external presentations, internally there is no real difference between all closed-market swindles; for any alleged 'opportunity to make money,' wherein (when challenged, and/or rigorously investigated) the promoters are unable to provide independent quantifiable evidence to prove that their alleged 'profitable commercial activity' has had any significant, and sustainable, source of revenue other than its own participants, is self-evidently a dissimulated closed-market swindle. 
David Brear   (copyright 2012) 

5 comments:

Prasad Babu said...

Dear Shryam garu,
Could you please update the court vedicts time to time, because we hearing updates from nmart people which may be true/not true. if you do this it will be helpful to know the truth about this case.

jack Ludhiana said...

Dear Mr. Sham

Please can you update about nmart case because nmart people say we win the case and mart will open soon and site will also work as soon as possible. i am very thankful to you if you can update latest development regarding this ( Nmart ) Case.

Regards
Vivek

jack Ludhiana said...

DEAR SHAM PLZ UPDATE REGARDING NMART CASE. SOME SAY NMART WIN CASE KINDLY UPDATE LATEST AND CURRENT NEWS REGARDING NMART CASE. U R HOPE PLZ HELP

JACK

raju said...

dear ShyamSunder Sir

what do u say about Rajastan Govt Gazzet about 420act1978
thank u

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