Thursday, 3 July 2014

Cops tracking ‘Diamonds’ of Amway



Hyderabad: The top police officials of the two States of Andhra Pradesh and Telangana have launched a massive hunt to track down the ‘Diamonds’ and other members of Amway India Enterprises to make sure their role in the multilevel marketing scam of the US-based company.
Amway India Enterprises
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According to informed sources, the police of both the states are even sharing information regarding the list of upline members in the hierarchy of Amway India Enterprises, who share commissions on purchase of products by the downline members. The sources said that in the business model of Amway, the upline members who enroll new members into the scheme of purchasing products received sizable income which was nothing but easy and quick money. “Once the list of the ‘Diamonds’ is prepared and their income on commissions is confirmed, we go ahead with arresting them also,” the source said.

Meanwhile, the police on Monday arrested the MD and CEO of Amway, William S Pinckney, who is presently in Charlapalli Jail and presented him in the judicial court which sent him to remand for 14 days. The MD was sent back to Charlapalli Jail. It is learnt that the police would file a petition in the court seeking custody of Pinckney for interrogation to take the criminal case against him to a logical conclusion.

A police official said that the law would take its own course and charge sheets would be filed soon in the criminal cases against Amway India. In another twist to the criminal case against the MD of Amway, the High Court did not issue any orders on the petition filed by Amway India to exempt its managing director Pinckney from surrendering the passport to the police department. However, the passport surrender order issue has become an impediment for the release of Pinckney on bail. 
 http://www.thehansindia.com/posts/index/2014-07-02/Cops-tracking-%C3%A2%C2%80%C2%98Diamonds%C3%A2%C2%80%C2%99-of-Amway-100323

5 comments:

Pasha said...

The legal action against illogical pattern of functioning of Amway should be extended/applied to the whole of India, till it changes its pattern.
Good news is that it has already waived off yearly illogical renewal charges of Rs.480/ABO and some Rs.5000 as activation charge per new joined ABO

Shyam Sundar said...

Pasha,
Amway India has not changed a bit of its old illegal business model. It is collecting entry fee in the name of purchasing products within 60 days of joining as IBO. In effect, if you do not purchase products worth Rs. 5000 in 60 days you will lose your membership. The renewal fee is also not waived. It is still collecting annual renewal fee of Rs. 499.
That is why its chief is arrested and put behind bars.

Pasha said...

Mr. Shyam Sundar
But lately from last week the purchase of products worth Rs.5000 within 60 days required for activation have been waived off,but other requirements have not been announced as yet. Renewal charges have also been waived off.which are due to be paid from the month of Sept this year. please check their web site.
But the commission structure is very bad.up line diamonds, platinum's etc are getting major portion of it i.e. 21-25 % of product, in addition to other travel etc benefits and that is actually the idea behind the scheme, To magnify/display one hero and attract thousands to buy the product at 3-4 times higher price.
Mr. Sunder you are doing a nice job. please look into the irreverent demos shown by their up lines(also available on the you tube) especially for health supplements,thus luring the innocents to purchase their products.
In addition some non professionals are prescribing these supplements to innocent public in multiples, at their pickup centers on some specific days, after conducting of so called bone density checkup.

Pasha said...

plz let me know how many diamonds have been arrested till date ?

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