Sunday, 11 November 2012

Amway area manager in Kerala in judicial custody


Action against multi-level marketing firms
Area manager of Amway in the State P.M. Rajkumar, 29, who was arrested following searches at the offices and godowns of Amway in Thrissur, Kozhikode, and Kannur, was produced before the Judicial First Class Magistrate, Thamarassery, on Saturday and remanded in judicial custody for 14 days.
The Crime Branch (Economic Offences), Kozhikode, team, which is spearheading the drive against multi-level marketing companies in the State, had arrested Rajkumar on Friday night.
The investigating team led by P.A. Valsan, Superintendent of Police, Crime Branch (EO), Kozhikode, decided to arraign the Delhi-based couple Sharadul Suresh Shroff and Pallavi Suresh Shroff, both directors of Amway, as accused in the case.
The drive was triggered by a complaint filed by Vishalakshi, a tailor in Kozhikode. It is expected that more complaints would be registered, leading to more arrests.
It is learnt that Rajkumar maintained the company’s official line that it was doing legal business within the guidelines approved by the State government in 2011 for direct selling companies. However, the investigating team is charging that the company making it mandatory for its distributors to purchase products to get returns out of investment amounted to violation of the guidelines.
ALGA ROYAL LIFE MARKETING:
Also, the Crime Branch team is finalising the procedures to issue lookout notices on eight directors of Alga Royal Life Marketing Company, which was closed down for violation of Prize Chits and Money Circulation Scheme (Banning) Act.
All the directors of the company went into hiding after the case. One of the senior officials in the team said that even though the company offered products against investments made during initial stages, towards the later period it was directly canvassing investment after promising double the returns. The company used to distribute products marketed by Maharishi Herbals.
The business model outlined in the website of the company offers five streams of income for those joining as distributors, which keeps multiplying depending on the number of new distributors brought into the network by them.
Getting at least one of the directors in custody was essential to gauge the exact spread of the network, as it could only by cracked through the transactions made online. Without interrogating any of the directors, the administrative rights to go into the records online could not be secured. The investigating team has decided to wait for it rather than seeking help of the Cyber Cell to crack the website.

10 comments:

pinank said...

Dear Shyam Sunderji
Happy Diwali and New Year to you and your family

Sir i always sees ur blog against fraud made by corporate companies and always appreciate ur move and so here i wish to get ur legal advice on behalf of my relative Mr Amrut Patel who took Distribution Centre for a Multi National Direct Selling Company few years back.
Now that company have made fraud of some lacs of rupees with him.
So please help him out by giving ur advice onto his email id amrut_
gambhuva@yahoo.com
Hope ur advice can get his hard earn money back.
Regards
Pinank Chandiwala

Shyam Sundar said...

The apologists of Amway, it seems, are dumbfound with the second installment of raids by Kerala police.
Kerala police have seized Amway products worth Rs. 2.5 crore and all the warehouses were locked.

pinank said...

shyam sundarji

may i expect ur email onto amrut_gambhuva@yahoo.com to get in touch & to get ur advice & guide line for the above stated problem.
or
sirji please call on this no. 09426101891-Amrut Patel
Regards
Pinank

Shyam Sundar said...

Pinank, ask your friend or relative to contact me with the details of the company that cheated him and the business model of the company to let me assess the cheating of the company.

pinank said...

Thank You Sirji for showing ur interest and replying my blog
Anyways but how to contact you ??
or can you drop your contact no. onto my email id pinankchandiwala@gmail.com or my relative email id amrut_gambhuva@yahoo.com

Once again thank you
Bye TC

pinank said...

once again sir how to contact you
can u let me know ???
regds
pinank

Shyam Sundar said...

Pinank, I just talked to Amrut Patel and advised him to contact cyber police in Surat. There would be some way how these people have paid money. Through demand draft or bank account. The police would probe into the case.

pinank said...

Thanks a lot sir

Corporate Films said...

Wow ! Really ,This is a wonderful post. I enjoyed the information lot. I will bookmark this page. Thanks for sharing this important information.Thanks. Corporate Films || Live Streaming || Live Webcasting || Live Presentation || Live Streaming Events

Corporate Films said...

This is great the blog that I always bookmarked are those who has a good information which is viewable and informative and you are one of those who provide good informations. Corporate Film Production Company || products photography || products photo shoot || Animation Video Production Company