Thursday 12 November 2009

One million defrauded by Amway mob

Shyam
It is important for your free-thinking readers to be aware that 'Amway UK Ltd' is a 'privately-controlled limited-liability commercial-company' which has never declared an annual trading profit, or paid UK corporation tax, since its creation in the early 1970s.
Recently, the following, irrefutable facts have all become public knowledge: - For 35 years, 'Amway UK Ltd.' has been secretly kept afloat by regular multi-million dollar cash injections from overseas. - 'Amway UK Ltd.' has secretly produced a near 100% overall loss rate for its non-salaried commission agents (many of whom have have been victims of a secondary advanced fee fraud which itself has secretly generated hundreds of millions of dollars for an handful of racketeers in the USA), because the so-called 'Proven Business Plan' which the company operated for 35 years is a counterfeit, maliciously designed to produce insufficient external revenue. - 'Amway UK Ltd.' survived a public interest petition (filed by the UK Minister for Business Enterprises and Regulatory Reform) to be closed under UK trading schemes and lottery regulations, by promising a UK High Court Judge that (amongst other things) it would publish annually the derisory average (gross) monthly income payments to its non-salaried commission agents, which, in fact, represent net-loss payments. - The annual net-loss payments were posted on 'Amway UK's' Website at the beginning of this week.
The document was arbitrarily defined as an 'Earnings Disclosure.' The figures appear in a typically complex, and unverified, format which are (effectively) impossible for a casual observer to comprehend. - Although 'Amway UK Ltd.' published a blanket assurance as to the validity of its published 'Earnings Disclosure,' no clear explanation was offered as to how the information the document contained was obtained or by whom it was verified. One company official has subsequently stated that : 'Amway's Earnings Disclosure Statement must be accurate, because it was compiled by a council comprising lawyers.' (She was, in fact, referring to 'Amway UK's' own lawyers) - The corporate officers of 'Amway UK' now arbitrarily define the company's non-salaried commission agents in the UK using 3 reality-inverting categories: 'Retail Consultants'; 'Certified Retail Consultants' ; 'Business consultants.' - 'Amway UK Ltd.' currently claims almost
'10 000 Retail Consultants', but of these, less than 50% are claimed to have received any form of payment (arbitrarily defined as 'Customer Volume Rebate') during the previous 12 months. Of the 4000 or so who have been declared to have received at least one monthly income payment from 'Amway UK' during the previous 12 months, the average (gross) payment was just £43.
However, if this already pathetic figure is recalculated to include all persons in this category (and not just those claimed to have received at least one monthly payment), then the real average monthly income figure is truly derisory. - When the document first appeared, no where in 'Amway's' annual 'Earnings Disclosure' was it clearly explained that all the figures it contained were gross payments (i.e. before operating expenses were deducted). - 'Amway UK' currently declares '3 211 Certified Retail Consultants' .
However, no clear explanation was offered as to what is the difference between this category and the first category. Of these persons, around 60% are declared to have received at least one monthly payment from 'Amway UK' averaging only £126. Again, if this figure is recalculated to include all persons in this category, then the real average (gross) monthly payment is pathetic. - 'Amway UK' currently claims only 36 persons arbitrarily defined as 'Business Consultants' (i.e. persons occupying positons known as 'Pin Levels' in the pyramid). This means that, according to 'Amway's' own unverified figures, 60 so-called 'Successful Amway Businesses' have, in fact , vanished in the UK during the previous 12 months, whilst only 3 new 'Business Consultants' were created. - After 35 years, only one UK 'Diamond' couple are claimed to have entered the 'Amway' Utopia. - To date, more than one million individuals in the UK have been defrauded by the billionaire bosses of the 'Amway' mob.
David Brear

8 comments:

Tex said...

At least the UK IBOs are no longer being ripped off by the Amway tool scam. Check out how it is still the largest problem in the U.S. See the details on my blog, I suggest you start here: http://tiny.cc/D5oJh

IBOFB said...

Brear, are you telling me you've spent all this energy supposedly studying Amway and

(1) you're not aware that in the appeal judgement the judges declared Amway would have been cleared even without the undertakings?

(2) you don't even know what the different UK categories mean?

(3) you're not aware the different categories offer incontrevertible proof your claim the products cannot be retails is false?

Truly, was this level of ignorance all you need to get through university? Did you get through university? Standards in the UK must have truly slipped ....

knverma said...

Amway's latest earnings disclosure states that number of business consultants is 36 and the number of business consultants qualified at platinum level is 93.

That is clearly a logical contradiction.

Tex said...

ibofb,

That may be what the appeals judge said, but it isn't what the original judge said. Nice try at reframing history, you ASSHOLE.

IBOFB said...

Tex - The appeals judge was referring to the original judges findings.

kneverma - I've been wondering about that myself. I think it's because you can qualify as a platinum without qualifying as a business consultant - for example if you have a poorly structured business that doesn't make the minimum income requirements, or you haven't completed BC qualification. I suspect quite a few of them may be international IBOs whose UK business is secondary to a primary business elsewhere

knverma said...

ibofb, the figure explicitly talks about business consultants who qualified at platinum level. If Amway's employees and lawyers cleared university (or even high school) they would know what that means. Perhaps they don't know what the different categories mean. ;)

Tex said...

ibofb,

Then explain this statement: On balance I do not consider that the need to punish Amway for its past wrongs or the need to deter other multilevel companies from inducing the public to become purchasers and retailers of its products by misstatements requires that the serious consequences I have identified be visited on Amway: and as a result of the undertakings now offered (including that offered at trial) I consider a winding up order to be disproportionate.

Tex said...

You may want to check out this quote, WRITTEN BY YOU, ON YOUR OWN SITE!!! ---->

Judge Norris was not so kind with regards to charge (1), indeed, he stated that if Amway had not undertaken the changes they had undertaken, then he likely would have found it “just an equitable” to wind up Amway, and approved BERR’s petition. This should make Amway management and IBOs around the world stand to attention.

How soon they forg....err... SPIN/LIE!