Monday, 3 June 2013

Clear proof against Amway men, says PA Valsan, SP EOW

http://www.deccanchronicle.com/130601/news-current-affairs/article/%E2%80%98clear-
proof-against-amway-men%E2%80%99

Kozhikode: Amway India chairman and managing director Will­iam S. Pinckney and two other dire­ctors were arrested on the basis of clear evidence, according to the crime branch (economic offences wing) superintendent Mr P.A. Valsan. 
“The police have enough evidence against the Amway India officials,” Mr Valsan told DC on the last day of his service in the police department. The investigation against multi-level marketing companies had been on for quite 
some time now, he said and added that the pace of investigation pic­­ked up after the formation of the economic offences wing in January 2010. 
“We have arrested several persons in connection with these cases and many of them are in jails for the past one-and-a-half years,” he said. “There were no protests then and I don’t understand the hue and cry over the arrest of a white man,” he said.
On home minister Thiruvanchoor Radhakrishnan’s statement that a probe will be ordered on the circumstance of the arrest of the Amway CMD, Mr Valsan said that the probe team would provide the relevant details. 
“The network of the money chain cases is large and widespread as 26 multi-level marketing companies have collected `3,000 crore from Malabar region only,” he said. 

1 comment:

skt said...

Hi Shyam,

I don't think police is going to do anything to these scamsters, as all political parties for various reasons seems to love these scams.

But I really hope something will happen.

Keep up the good work.

http://themadeconomy.blogspot.in/2013/06/amway-most-intelligent-scam-ever.html