Readers of Corporate Frauds Watch (particularly, Indian law enforcement agents and prosecutors in Kerala) might be interested to take a look at the following frightening description of 'Amway' from an Australian who signed him/herself 'Mo.'
'Well your blog has really been the eye opener.
For 6 months our family was hounded by my cousin's ex-partner. He is 37 - that's if he is still alive. Although he is a big strait bloke who has worked some pretty rough jobs, he was groomed like a little choir boy by a creepy older man from his past who rang him with the "business deal of the century." He was taken out on his first Amway date in a new 4X4 to a swanky restaurant then seduced by all the bright lights and rock music at the late night razzle dazzle Amway masses. He became sure he was going to become a big millionaire leader with his own big car in a couple of years. He shaved off his beard dug out a suit gave up drinking and stacked his garage with the Amway rubbish. He spoke like a tape recorder. He told us that the Amway business is not a scam because it has been running since the 1950s with government backing. He also told us that you don't need to sell anything. You can buy hundreds of dollars of Amway products every month and recruit 6 people to copy all the buying and recruiting. When no one fell for the scam he was giving his Amway rubbish away by the box load. I suppose he thought having to use it every day would get us hooked. Eventually no one would speak to him and my cousin and their kids were taking a lot of flak. She is now diagnosed with depression. Her ex has run up 40 000 dollars on their credit cards and done a runner. She thinks he's topped himself. The average Australian knows Amway is a scam and a cult, but I never really got how it all worked until I read your explanations. "Wampum's" about right. The rubbish products are a smoke screen to steal your money in a pyramid scam and pretend your in a legal selling business. '
Corporate Frauds Watch
6 comments:
Dear Sir,
first of all, I would like to thank you for your concern for saving the hard-earned money from these money-laundering companies as well as educating the peoples.
I am also a victim of such company named Tycoons Empire International Ltd was based in Chennai, Tamilnadu. Economic Offences Wing(EOW) of Chennai has appealed to the investors of this company to lodge the complaints with them. Unfortunately, I could not travel to chennai to lodge the complaint because of my physical disability.
Sir, I want justice. Could you please provide me the information that, is there any other ways like E-mail or Post, to lodge the complaint(FIR) with EOW, Chennai? And which are the supporting documents to be submitted?
Sir, your advice is highly appreciated in this regard. Awaiting for yours reply.
Thanking you in advance and wish you all the very best in your social work.
Sincerely,
-Ryan.
Dear Sir,
I read about you in a aeticle, which has been published in moneylife regarding mlm ponzi schemes. The lonk is http://www.moneylife.in/article/mlms-continue-to-loot-and-scoot-while-police-regulators-act-like-mute-spectators/29573.html
Also I dropped yours web link at JagoInvestor a personal financee blog for the benefit of the readers of that blog. A article about how mlm works. http://www.jagoinvestor.com/2012/10/how-multi-level-marketing-schemes-work.html
Thanking you once again.
Keep up the good work.
Sincerely.
Ryan, You could lodge a complaint in their web site. Chenai police web site. EOW is also there.
Great thoughts you got there, believe I may possibly try just some of it throughout my daily life.
Herbalife Distributor Chennai
What a load of rubbish, you have no idea of what you're talking about,
The Amway business is a totally risk free business as everything you purchase comes with a 90 Day money back guarantee even the membership, but had you done your home work you would have discovered that, but instead you decided to flap your mouth about something you have no idea off.
Amway operates in 90 + countries very successfully and has done for 55 years.
Grow up and get a life you're the fool.
Neil, Aren't you aware, in India this type of multilevel marketing is illegal. We have court judgements against Amway India Enterprises.
Are you aware the Amway India Enterprises' MD and CEO William Pinckney is now in jail without bail on the charges of indulging in illegal money circulation scheme. Grow man. The world is big and you cannot cheat people forever.
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