Friday, 1 October 2010

Don't fall for 'Amway's' many mystifying diversions

As ever, we must continue to remind your free-thinking readers (particularly, Indian law enforcement agents) that what the billionaire 'Amway' grifters, and their criminal associates, steadfastly pretend to be doing and what has actually been occurring within the constantly-churning ranks of tens of millions of their insolvent marks (during the 50+ shameful years of their extra long con), are completely different.
According the mind-numbing, fictitious scenario which has lured, and continues to lure, an endless-chain of insolvent marks into the con: "an 'Amway Independent Business Owner' can make money legally by selling world-class, competitively-priced 'Amway'-supplied products for a 30% profit, and/or by recruiting other people who can also make money legally by selling world-class, competitively-priced 'Amway'-supplied products for a 30% profit, and/or by recruiting other people to sell world-class, competitively-priced 'Amway' products for a 30% profit, etc. ad infinitum - the greater the value of an IBO's sales and of the sales of his/her recruits and of the sales of the recruits of his/her recruits, etc. ad infinitum: the greater the value of his/her commission payments in the constantly-expanding, but legal and economically-viable, 'Amway' pyramid of sales and recruitment."
In reality, virtually no vulnerable, and/or greedy, mark who has fallen for this self-perpetuating fairy-tale of miraculous perpetual-prosperity, and who has been deceived into signing a contract with 'Amway,' has ever consistently retailed the exorbitant, but banal, 'Amway'-supplied wampum for a profit to persons who were not under contract to 'Amway.' The organization has, thus, been criminogenic, because its only significant source of revenue has always been its insolvent marks who (despite what it says in the sub-chapter of the 'Amway' fairy-tale entitled, 'Rules') have been obliged to duplicate exactly an economically-unviable plan of payment and recruitment in which unlawful financial incentives have been offered to all compliant participants. In plain language, a significant minority of medium to long-term 'Amway' marks, have been duped into promoting the fraud themselves. However, they have not received any overall material benefit (other than piles of wampum) in return for all their efforts and personal investment, which makes them de facto slaves.
The grinning heterosexual couples who have been constantly presented in the kitsch 'Amway' propaganda as shining examples of success to be copied, have either been reality-denying dupes, or wealthy schills whose prosperity has secretly derived from related advance fee frauds (a.k.a. the 'tool scam').
The innocent-looking 'Amway' wampum, the fiercely-complex 'Amway Compensation Plan' and the labyrinth of (apparently independent) corporate structures pursuing lawful, and/or unlawful, enterprises, have all been mystifying diversions designed to draw the attention of unwary law enforcement agents away from an illegal money circulation scheme and related advance fee frauds, and to isolate the billionaire racketeers who have run them from liability.
In reality, during six decades, unsuspecting 'Amway' marks (exactly as in the case of Bernie Madoff) have been peddled infinite shares of their own finite money whilst being prevented from facing reality and complaining. US law enforcement agents (exactly as in the case of Bernie Madoff) have been given a comprehensive explanation of how the related-'Amway' frauds function and how they have been sustained, but (exactly as in the case of Bernie Madoff) successive US governments have done precisely nothing to protect their own citizens, or those of their allies, from these all-American, Narcissistic charlatans.
Harry Markopolos has published a Book, 'No One Would Listen (a true financial thriller).' This charts his 9 years of fruitless complaints to the US Securities Exchange Commission about Bernie Madoff's criminal activities. In a recent US television interview, he explained how the same dunces with law diplomas at the SEC are still paid fat salaries to do nothing to protect the public from the many smartly-dressed rats who still infest Wall Street. . It should be revealing for your Indian readers to witness the negative reaction of an average American studio audience to Harry Markopolos, when he correctly describes Bernie Madoff as a 'sociopath.'
David Brear (copyright 2010)

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