Wednesday 25 February 2009

Beware! Amway to hire one lakh more victims all over India

Amway India Enterprises's managing director and CEO William S Pinckney at a media meet at Chennai announced that AmwayIndia Enterprises is going to add one lakh more distributors to its large fleet of 15 lakh distributors. However, he fails to mentions how many of the 15 lakh distributors are active and actually doing business. The statistics say that many of them stopped purchasing products after burning their fingers without realising that the fault lies in the business model of the Amway. The self-styled FMCG giant claims that it has a turnover of Rs. 1,218 crore in 2007-08 and hopes to increase its business volume by 25 per cent this fiscal.
One can infer that it is on an aggressive promotion of its cheating business of money circulation scheme in the guise of product sales. It claims that it is direct selling and no one can go to any of its distribution points and purchase good directly from there.
William Pinckney also fails to mention that three more criminal cases were filed against Amway India Enterprises in Andhra Pradesh. And they are on a panickey mood on how to contain these criminal cases. The company did not clarify why it is not pursuing to face the criminal cases in the court of law. Probably, it is afraid that the verdict would come against them once again like in the Andhra Pradesh High Court and the Supreme Court of India.

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