Amway India Enterprises Chief Executive Officer William S Pinckney is arrested by Kurnool police headed by Superintendent of Police Dr Kolli Raghuram Reddy following a complaint lodged by an advocate Jagannadh Reddy.
The Division Bench of Andhra Pradesh High Court has categorically stated in a landmark judgement that the business model of Amway India attracted the provisions of Prize Chits and Money Circulation Schemes (Banning) Act, 1978. Later, the Supreme Court upheld the judgement of AP High Court.
In essence, all the roads are closed on Amway and it is high time it closed all its illegal operations in the country.
It is hoped that the police would act soon on the other complaints pending against the Amway and curb the illegal activities and put an end to the international fraud.