Saturday, 28 January 2012

RBI cautions Public about Unauthorised Companies collecting Deposits

                                          PRESS RELEASE·
DEPARTMENT OF COMMUNICATION, Central Office,.B.S. Marg, Mumbai 400001
SHeÀesôe/Phone: 91 22 2266 0502 HewÀkeÌme/Fax: 91 22 2270 3279

Website :

 November 29, 2010

RBI cautions Public about Unauthorised Companies collecting Deposits

The Reserve Bank of India has today cautioned members of public about unauthorised companies which collect money from public stating that they have been authorised by the Reserve Bank to do so. The Reserve Bank stated that it has published on its website ( a list of non-banking finance companies (NBFCs) which are permitted to accept deposits. No NBFC outside of this list can accept deposits from public. Doing so is clearly fraudulent and has to be investigated by the law enforcement agencies in the normal course.
The Reserve Bank has also been advertising from time to time cautioning the public about this.
The Reserve Bank has further stated that all complaints relating to unauthorised acceptance of monies and running of money circulation schemes should be referred to the Economic Offences Wing of the concerned State Governments.
It was reported that some individuals/firms/unincorporated association of individuals (unincorporated bodies)/ marketing companies and companies engaged in money circulation schemes have been collecting monies from the public by making tall promises of high returns, either through issue of advertisements or by sale of products. Some of them even claim that they have the Reserve Bank’s approval for their operations. Some of these entities have reportedly vanished without repaying the monies collected by them.
Money circulation schemes are banned under the Prize Chit and Money Circulation Schemes (Banning) Act 1978 and the respective State Governments have the power to take action against the persons involved in such schemes.

Alpana Killawala

Press Release : 2010-2011/746 Chief General Manager

The 'Amway' Lord Hee Haw continues to bluff

Mr. Steadson a.k.a 'IBOFB,'  still seems unable to comprehend that you have definitively banned him from CFW as the de facto agent of the 'Amway' crime bosses. 
The unmasked 'Amway' Lord Hee Haw has yet again foolishly tried to post a provocative comment on CFW. In this, he is attempting to get your free-thinking readers to believe that if I put one million dollars on the table, only then will he show his winning-hand and produce the quantifiable evidence proving that at least one honest person (himself) has managed to generate an overall net-income lawfully from regularly retailing 'Amway' wampum to the public for a profit.
It's curious, that the arch-bluffer, Mr. Steadson, has only now volunteered to produce the many years of 'Amway'- related income-tax payment-receipts which he has previously implied that he has been withholding (for undisclosed reasons).
In reality, the real challenge has already been formally thrown down many times on this Blog (and internationally) to the billionaire bosses of the 'Amway' mob. To date, these narcissistic racketeers have been unable to prove that a significant number of all the tens of millions of persons who have been churned through their so-called 'MLM income opportunity' during the previous 50+ years, have received one cent of overall, net-income lawfully as a result of regularly retailing significant quantities of over-priced 'Amway' wampum to the public for a profit. 
Indeed, when the 'Amway' crime bosses' multi-billion dollar 'MLM income opportunity' bluff was formally called in California recently, their shyster-attorneys attempted to give the equivalent of $155 millons to a significant group of insolvent victims, in order not to have to lay their employers' losing hand down on a federal court's table for the entire world to see. 
One wonders why (given his claimed winning hand) the 'Amway' Lord Hee Haw didn't offer to turn-up for free in Court in California as a star defence witness?After all, the stakes on that formal occasion were far higher than a mere one million dollars.
David Brear (copyright 2012)

Friday, 27 January 2012

Where are Kuntal's 'Amway'-related income-tax receipts?

You free-thinking readers should be both alarmed and amused to read the following intellectually-castrated comment posted on Corporate Frauds Watch by a poor little fellow signing himself 'Kuntal's Blog.' He says:
'You may keep on shouting & screaming bad things about AMWAY but I have 7 of my Family members including me doing AMWAY for 3 years...My uncle was an Auto Rickshaw driver today he gets cheque's worth 22-25000 everymonth he is at 15% stage of Amway n this will continue to increase...and it will reach to amounts of 55000-60000 as soon as he touches the Silver Pin of Amway..My Mom is presently at 9% she at an average gets Rs9000-14000I am presently at 6% and from my Heart & Soul I wish AMWAY grows & we grow with it together.'
One thing is absolutely certain, 'Kuntal' (if he really exists) will never have seen any quantifiable evidence (in the form of his so-called 'Upline's' audited accounts; particularly, income-tax receipts) proving that the so-called 'Amway MLM income opportunity'is economically-viable and lawful. Tellingly, if we were to offer 'Kuntal'one million dollars to produce the quantifiable evidence (in the form of audited accounts; particularly, income-tax receipts) proving that he, or any member of his family (if they really exist), has (during the previous 3 years) received one Rupee of overall net-profit lawfully as a result of regularly retailing over-priced, 'Amway'- supplied products to the Indian public: then we would be met with stoney silence or a stream of scripted-abuse/excuses.
Unfortunately, it is a matter of public record that, during the previous 50+ years, tens of millions of hopeful persons have been churned through the so-called 'Amway MLM income opportunity' around the world. The quantifiable evidence (i.e. the total absence of any significant income-tax revenue) proves beyond all reasonable doubt that, apart from an insignificant minority of grinning 'Diamond' schills (the majority of whose wealth has secretly-derived from a related, advance fee fraud a.k.a. 'tool scam'), 'Amway' has actually been the corporate cover for a ongoing, closed-market swindle in which illegal internal payments have been laundered as 'sales' (i.e. 'Amway' victims have received effectively-unsaleable wampum to obscure the reality of their situation and prevent them from complaining). 
The billionaire bosses of this sustainable, global, blame-the-victim racket (of which 'Kuntal' and his family are apparently deluded Indian victims) have been hiding the fact that their so-called 'Amway MLM income opportunity' has had an overall, drop-out/failure rate of 100%. Futhermore, deluded 'Amway' victims have been subjected to co-ordinated devious technques of social, psychological and physical persuasion. In this way, countless poor persons like 'Kuntal' and his family have been programmed like robots systematically to hide the truth about their overall losses in 'Amway,' in order to recruit further victims.
So come on 'Kuntal' don't be shy, prove my analysis wrong. Where exactly, young man, are your 'Amway' accounts; particularly, your income-tax receipts?
David Brear (copyright 2012)

Money laundering: Amway India under ED scanner

New Delhi, Jan 23: The Amway India Enterprise (AIE), a popular direct marketing company, has come under the scanner of the Enforcement Directorate (ED) for forcing multi-level marketing (MLM) by registering people as members by offering them lucrative commissions on exorbitantly priced products, reports Daily Mail.
Report further claims that Hyderabad ED unit has already started the probe into the matter. Moreover, ED has registered an economic crime information report (ECIR) under Section 3 (proceeds of a crime) of the Prevention of Money Laundering Act (PMLA) after taking over the cases from the Hyderabad police.
Further more Criminal Investigation Department (CID) had also lodged a charge-sheet against AIE for violating the Prize Chits & Money Circulation Schemes (Banning) Act, 1978.
ED filed report claims that most people lose their investment in the Amway scheme. Also, ED revealed that "Being the promoters, the initial members - who enrolled the majority members into the scheme - get easy money without any effort. Thus, they are unlawfully enriching themselves at the cost of innocent members/distributors down the line."
Reacting to the issue, Amway India senior vice-president of legal and corporate affair Yoginder Singh said that company has not received any information from the ED with regard to their having filed a case against Amway or the allegations therein.
OneIndia News

Thursday, 26 January 2012

'Homeopathy's' star product, 'Oscilloccinum,' is a harmless sugar pill

Your free-thinking readers should be aware that, in response to my recent article, I have been sent some very alarming information about the 'homeopathy' racket collected by a group of French and Italian critics. 
The world's largest 'homeopathic' company, 'Boiron', is French, and last year an Italian Blogger, Samuele Riva, was threatened by 'Boiron's' aggressive echelon of attorneys when he posted two truthful articles about the company's most-profitable product, 'Oscilloccinum' . These malicious threats were subsequently withdrawn, when 'Boiron's' wealthy bosses quickly began to realize that such bully-boy tactics were only drawing more, unwelcome attention to their global deception; for Mr. Riva is not the only free-thinking person who has openly-challenged 'Boiron's' mystifying, corporate fairy tale.
Two US-based, associated organizations, the 'Center for Inquiry' and the 'Committee for Skeptical Inquiry,' have sent petitions to the US Food and Drug Administration denouncing 'Oscilloccinum' as latter-day snake oil. A class-action lawsuit has been filed on behalf of all Californians who bought the product within the last 4 years and who were led to believe that it contained an active ingredient which has been proven to stop flu symptoms in two days.
Here is perhaps the best detailed-analysis of 'Oscilloccinum' by Mark Crislip ( ) .
In brief, without any independent quantifiable evidence to support their absurd, non-rational narrative, the bosses of 'Boiron' have been allowed to peddle vast quantities of a misbranded, harmless placebo during the previous 65 years. This unoriginal fiction has been given the essentially-meaningless, but technical-sounding, made-up name 'Oscilloccinum.' Whilst the harmless placebo's alleged active ingredient, 'Anas Barbariae Hepatis et Cordis Extractum,' is actually the rancid extract of duck liver and heart, impressively described in Latin. However, no matter what thought-stopping, pseudo-scientific jargon has been used to exclude the adult world of quantifiable reality, this cheaply-procured, common substance has been diluted in water to such an astronomical degree that (according to the fundamental laws of science) none of it can possibly remain present in 'homeopathy's' star product.
Sadly, the bosses of 'Boiron' continue to generate countless millions of dollars by steadfastly pretending that their company's harmless sugar pill contains water which, in turn, contains the 'memory' of an 'active ingredient' which, in turn, is a 'scientifically-based remedy for Influenza.'
David Brear (copyright 2012)

Chain Money - A concern of economical drain

By: Thoudam Opendro Singh* 

Many of us would have heard of many chain money businesses like Amway or Smart Jobs or mail order, so on. I'm an expert neither in these businesses nor in general financial economics. But I would like to expose some of the obviously ugly side of such a business. 

When I heard about Amway, it had already spread all across the villages of Manipur. I was then curious to know what it was. When I discovered it's working, I couldn't stop admiring the sick brain behind it. Amway was reportedly started by an American and spread across India through NRIs. Let me explain briefly how this works with assumed figures. X is the owner or the founder of this business (the top of hierarchy). He enrolls say 10 people as member of the business, with a non-refundable deposit, say Rs.2500 for each member (actually it is about Rs.4000, out of which the member will get a package of consumer items worth say Rs.1500). So, X owns Rs.25,000. These 10 people will be the second in hierarchy or call them level-2 here afterwards. 
Now X lurches these 10 members promising some points, say 30 points for every 3 new members they bring into the enrolment and that these points will become en-cashable when the 3 members bring in another 3 members. Let's assume each of these 10 people in level-2 brings 4 members, which gives 40 more members at level-3 and 400 x Rs.2500 = Rs.1,00,000. Now X is the owner of Rs.1,00,000 + Rs.25,000 = Rs.1,25,000. 
Now with the same bait, these 40 members will try to get 3 new members below each of them. Meanwhile X enjoys with Rs.1,25,000 collected from others. After sometime assume each of the 40 members in level-3 enrolls 3 new members below them. This results in another 40 x 3 = 120 new members at level-4 and 120 x Rs.2500 = Rs.3,00,000. Now X is the owner of Rs.1,25,000 + Rs.3,00,000 = Rs.4,25,000. Now, X has enough money to pay those 10 people at level-2 since the depth of the hierarchy has gone down upto level-4. 
To make the bait attractive, X sells some cheap products at a discount of say, 20%. Wait, the item is not anything like rice or vegetable that we daily need. It can be something like tooth paste that we hardly consume one tube per month. So, by giving toothpaste worth Rs.100 at Rs.80, the member is assumingly gaining Rs.10 per month. 
The hierarchical tree graph goes like this:

X (owner)Total members
10 members at level-210
10 x 4 = 40 members at level-350
40 x 3 = 120 members at level-4170
A minimum of 120 x 3 = 360 members at level-5530
and so on.....

The profit margin that an earlier member at the higher level enjoys from the lower level is very minimal. As the tree goes deeper and deeper, the profit from the members at further level will reduce since it is shared by members of more number of levels. But the number of members grows same as the Uranium explosion of three uncontrolled neutrons for each atom. So, the small margin multiplied by the explosive number of members gives enough heat to make the members at the top-level filthy rich, but at whose expense? At the expense of those uncountable members in the last level. At a particular level, let's say there are 10,000 members who have not been successful to enroll another new member. Now, each of these 10,000 members will be loitering around to get rid of a transferable disease by catching the friends and relatives. I have seen it. Any such poor member in the village will try to convince at least 3 people in the neighbors and around to join it so that he or she gets rid of the headache and guilt of loss. To cure one infected patient, 3 more patients have to be brought in. What to do? The only cure for any unfortunate member is by transferring it to another 3 new persons. 
Smart jobs or mail orders are even worse than Amway. 
My roommate, a BE (EEE), who was then a project trainee, was desperate to get some money and joined one Smart Jobs. The bonus point was that he had the choice to withdraw from the membership with full refund!! Let's me tell you how it works. 
Smart Job or mail order does not involve any marketing, sales or buys. Assume I'm the first owner of this business. I ask 100 people to join this by paying say Rs.700 each. Now I have 70,000 in hand. Then I ask these 100 people to do that same job as me, i.e. advertise it to others and collect people who want to be a member. Let me assume that each one collect 10 new members, i.e. totally 1000 new members. Each new member again pays Rs.700 to me, i.e. 7,00,000. Now I have 7,70,000. Consequently I pay some commission to the members who have brought these newer people. What do I lose?? I gain without doing any job. So will anybody who has more new members under his hierarchy. 
Now, my roommate decides to resign. Please note that he sent a Demand Draft. Now he is issued a cheque as refund. The cheque is crossed as "Account Payee only". This poor fellow does not even have enough money to open an account, how will he get this money back? 
Please don't take it personally if any of you, my friends, has joined it. It is very unethical to earn money without any productive works. I'm not jealous if you might be a gainer, but I'm only against gaining at the cost of somebody. And the ratio of gainers to losers is very small. It is irony that even the governments allow state lotteries for some tax returns to them. 
Let me tell a similar story in US, which I heard from my colleagues rather than my eyes, but logically feasible. One American put up an online sales "50% off" on so many famous branded items, but not costly. He collects all the cheques and money through credit cards and credited into his account. This fellow finally sends off duly crossed cheques as refund with reason as "not able to give the limited offer since the response was enormous". But the cheque was marked somewhere or issued by something like "pornographic xxx" account. The people (buyers), who have received such cheques as refund, hesitated to drop the cheque and ignored since it was a small amount. Now the smart fellow who has collected a huge amount into his account will become the owner of the amounts if the cheques are not debited within the accepted time limit. So was he. When he was held "not-guilty", he still apologized for his tactics. Forgive me if this is a fake story. 
The point is "There is no magical way to generate money other than hard work and wise use of it". The term "wise" should not harm others pocket. It is even okay if you are emptying someone else's pocket by giving him some good dinner in a hotel, but not like putting him into an illusion of making him rich. Imagine the amount of money that are being pumped out of poor economies like Manipur. Please spread a word of caution to the eager youths who tend to fail in this bait.

* The writer can be reached at 

Wednesday, 25 January 2012

Harmless placebos are lawful, but 'Homeopathy' remains a deception

Like 'Santa Claus', 'homeopathy' can be either a benign or (if it is in the hands of persons with hidden criminal objectives) an exploitative deception, but it remains a deception. Once this is understood, a purely-objective study of 'homeopthy', takes your free-thinking readers into a particularly difficult area, for, self-evidently, not all deceptions are unlawful.
Today, conventional medicine accepts that many illnesses are psychosomatic (i.e. they are caused, or aggravated, by mental conflict, stress, etc.). Qualified, conventional, medical practitioners, themselves, are, therefore, permitted to give harmless placebos (including 'homeopathic remedies') to their patients, due to the genuinely beneficial psychological, and resulting physical, effects that this 'white lie' can bring to certain people. The regulation and prevalence of 'homeopathy' varies-reality from country to country. As far as I am aware, there are no specific laws anywhere in the world, either prohibiting 'homeopathy' as a fraud or identifying its legitimate use as a harmless placebo. In some countries, licenses or degrees in conventional medicine from accredited universities are required. In various countries, 'homeopathic treatment' is wholly or partly refunded by national insurance schemes. In other countries, it is fully integrated into national health-care programs. However, since legislators have invariably ignored 'homeopathy', strict laws which govern the regulation, development and testing of conventional drugs often do not apply to 'homeopathic remedies.' That said, if there is no independent regulation of 'homeopathy,' nor any effective means of enforcing existing regulation, then the deception can easily be perverted and used by charlatans to exploit vulnerable people. Indeed, there are many parallels between the always-unlawful 'MLM income opportunity' deception and the often-unlawful 'homeopathy' deception.  In the past, I have described criminogenic organizations like 'Amway' as 'peddling an economic placebo' dissimulated as a harmless scientifically-proven cure for poverty. All active 'MLM' participants have lost their time and money, but they have mostly survived their brief encounter with the 'MLM' deception. However, just as with the exploitative version of the 'homeopathy' deception, if vulnerable people start to accept the 'MLM' lie as total reality (and persist to a level of delusion), eventually, they risk destitution and destruction.
To its many satisfied adherents, 'Homeopathy' (also spelt 'homoeopathy' or 'homœopathy'), is a proven, alternative medical science.To free-thinking observers, it is an absurd, latter-day revival of an absurd, 19th century pseudo-science based on an assemblage of absurd, ancient, non-rational or superstitious beliefs. 
Like their 19th century counterparts, today's 'homeopathy'  practitioners point to their many satisfied customers and confidently claim to be able to treat patients using massively-diluted preparations. These preparations are supposed to cause healthy people to exhibit symptoms similar to those exhibited by the unhealthy people they are supposed to treat. However, the overwhelming bulk of quantifiable evidence proves 'homeopathy' to be no more and no less effective than any other harmless placebo.
'Homeopathy' is supposedly based on what is known as the 'law of similars' -  a term coined by a German doctor, Samuel Hahnemann, in 1796. However for many centuries, prior to this, it had been a widely-held superstition that anything resembling a particular part of the human body could be used to treat illnesses, or failings, of the same body part. (e.g. walnuts look like the human brain, so it was once thought that walnuts and walnut oil are good for ailments of the brain - confusion, memory loss, headaches, etc.). 
In reality, so-called 'homeopathic remedies' are prepared by progressive dilution in water (involving shaking and striking), of animal, vegetable or mineral substances. These substances are arbitrarily chosen according to the so-called 'law of similars.' Practitioners describe the dilution process as 'succussion and potentization.' This typically complex, ritual, hocus-pocus (involving thought-stopping jargon and the contemplation of infinity) is claimed 'to increase effectiveness.'  However, dilution can continue until no trace of the original substance remains.  Apart from the symptoms, so-called 'homeopaths' examine their 'patients'' physical and psychological state,  then 'homeopathic' publications known as 'repertories' are consulted, and a 'remedy' is chosen. Common-sense reveals that, at very high-rates of dilution, so-called 'homeopathic remedies' contain few, or no, pharmacologically active molecules. Thus, 'homeopaths' are, in fact, peddling water which, for it to have any pharmacological effect, would violate the fundamental laws of science. Consequently, certain so-called 'homeopaths' have lately-pretended that 'water has a memory' allowing homeopathic preparations to work without any of the original pharmacological substance remaining. Unfortunately, there is neither quantifiable evidence nor any plausible physical mechanisms by which such a convenient phenomenon can be proved. 
The total absence of quantifiable evidence to support what 'homeopaths' steadfastly pretend to be reality, and particularly their peddling of water as a remedy,  is what has led qualified observers to describe certain  'homeopaths' as charlatans and quacks, exploiting vulnerable persons with a cruel deception. Oral 'homeopathic remedies' are safe at the high dilutions (for the simple reason they are likely not to contain any active substance), but they may be unsafe at lower dilutions. Whilst a delusional, unquestioning faith in the power of 'homeopathy' can expose vulnerable persons to significant risks; particularly, if they are advised against vaccinations, anti-malarial drugs and antibiotics.
 'homeopathy' became widespread in the 19th century, particularly in the USA. Dr. John Franklin Gray (1804–1882) was the first American 'homeopathic' practitioner, in New York City. The first 'homeopathic school' opened in 1830. During the 19th century, many 'homeopathic' institutions were begun in Europe and America.  By 1900, there were 22 'homeopathic colleges' and 15,000 practitioners in the USA. In the past, many conventional medical treatments were useless and dangerous quackery, whereas harmless 'homeopathic' placebos often had better results. It has been suggested that the relative success of 'homeopathy' as a placebo in the 19th century was one of the factors that led to the disappearance of the useless and harmful quackery of 'bleeding and purging. 
As conventional medical science advanced, in leaps and bounds 'homeopathy' was generally derided by mainstream scientists and rejected by the public. Like all fashions, its popularity soon waned. By 1920, the few remaining schools in the USA exclusively teaching 'homeopathy' had closed. Sadly, the US federal Food, Drug, and Cosmetic Act of 1938 was sponsored by a New York Senator and 'homeopathic' doctor, Royal Copeland. This legislation, foolishly recognized 'homeopathic remedies' as drugs. Even then, by the 1950s, there were only 75 homeopaths practising in the USA.  By  late 1970s alternative medicine had become fashionable again, and 'homeopathy' reappeared in America and Europe, where sales of some 'homeopathic' companies multiplied. The medical profession then started to adopt 'homeopathic remedies' in the 1990s.
Today, all over the world, the owners, and/or corporate officers of pharmacy chains have recognized the massive potential for profit, and they have begun selling vast quantities of harmless placebos branded as 'homeopathic remedies.'
David Brear (copyright 2012)

Tuesday, 24 January 2012

Homeo Care racketeers on the prowl

Recently, after the British Parliamentary Committee recommended discontinuation of State funding to the Homeopathy stream of medicine as it is unscientific and has no rational base, there was furore in many countries. In India it caused real commotion as Homeopathy medicine is widespread all over country with tall claims it cures all diseases without any side effects.
The British Parliamentary Committee stated that Homeopathy medicine has only placebo effect and there is no medicine in it.
Suddenly there are statements from a number of persons who claim that they had been using Homeopathy for the last several years and they got great relief from a number of ailments. They started narrating how the other streams of medicine miserably failed and when they have taken to Homeopathy, the ailments were cured.
After listening to all these statements, generally people are confused about the whole issue. Whenever a new ailment like bird flu, Japanese encephalitis, and others the practitioners of Homeopathy immediately claim that they are ready to administer the doses of homeo medicine to prevent the ailment. It is apt to note that it is a new ailment and there is a need to know the cause of the disease. Any discerning person easily understands that it is a hoax.
It is apt to recall that former director of Centre for Cellular and Molecular Biology (CCMB), Hyderabad, Mr P M Bhargava has challenged the homeopathy practitioners to prove exactly what type of medicine is there in these sugar pills. Nobody answered him.
Nowadays, the homeopathy medicine has become a racketeering activity in India. I am not sure about other countries. The other day a person approached us stating that he was cheated by Homeo Care International, Vijayawada. He said that when he approached Homeo Care International clinic for curing his ailment, he was told that they give medicine for the ailment for six months and it would cost him Rs. 9,000. Though he was immediately stuck by the business model as if it is a contract, he obliged and paid the amount. But the symptoms only aggravated after using the medicine. He immediately rushed to the clinic with the complaint. But he was told to pay some more money for further treatment. Aggrieved, he approached Corporate Frauds Watch.
The patient issued a legal notice to the clinic. The management instead of answering to the legal notice or offering further treatment, wanted to strike a deal to prevent the patient to go ahead with consumer case. They offered Rs. 40,000 to settle the issue.
This is only a tip of the iceberg. The homeopathy racket is widespread.
Corporate Frauds Watch appeals to people all over world not to fall prey to the racketeering activity of homeo practitioners. 

Monday, 23 January 2012

Neither Newt Gingrich nor Mitt Romney is fit to serve as US President

Your free-thinking readers might be interested to learn that, in response to my recent posts, a  timid, conservative, mainstream journalist has defended her profession by claiming that (privately) lots of her conservative, colleagues would be in broad-agreement with my analysis of Messrs. Gingrich and Romney (as being too stupid, and/or corrupt, to be US President).  However, she then goes on to say that even liberal, mainstream editors cannot afford to publish, or broadcast, similar accusations, because they would be hit with costly defamation suits.
If what this correspondent claims, is true: then, numerous mainstream journalists and their editors (of all political persuasions) are currently too scared to inform the world that the two front-runners for nomination as the Republican party candidate for the US presidential election of 2012 , Newt Gingrich  and Mitt Romney, are both unfit to hold office. Apparently, a silent flock of mainstream hacks accept that this greedy pair have been bought  by 'MLM' racketeers (posing as pious patriots and philanthropic capitalists).  However, I personally would like to know where exactly any alleged 'defamation' might be found, when it is a matter of public record that the billionaire bosses of the 'Amway' and 'NuSkin'  frauds, have paid Messrs. Gingrich and Romney fortunes to make propaganda-recordings in which they have given credibility to, and/or enthusiastically-endorsed, the essentially-identical totalitarian/criminal enterprise. Thus, making Messrs. Gingrich and Romney de facto traitors to the American Republic and the recipients of stolen money.  
According to the 'Bible,' two thousand years ago, the going-rate for this shameful activity was '30 pieces of silver.' Today , in Mr. Gingrich's case, the standard reward has risen to $60 thousands per act of betrayal; whilst Mr. Romney admits to receiving approximately $400 thousands in what he describes as 'speaking-fees' during 2010.
Self-evidently, America is a land that has become so morally-bankrupt that any celebrity-Judas can sell his/her soul to the highest bidding Devil in disguise, simply by arbitrarily defining this intellectual prostitution as 'lobbying'.  In plain English,'lobbying' often means the bribing of law-makers in order to subvert the democratic process and rule of law.

Laughably, Mr. Gingrich boasts that he didn't need to become a 'lobbyist' after he retired from Congress, since he was paid so handsomely to make speeches. However, Mr. Gingrich is merely playing with words, because it's a matter of public record that he did become a paid-adviser to other persons who described themselves as 'lobbyists,'  but who were actually attempting to subvert the democratic process and rule of law on behalf of the banksters behind the multi-billion dollar 'liar-loan' fraud known as  'Freddie Mac.' 
Apparently, Mr. Gingrich indirectly received $1.6 millions from the 'Freddie Mac 'banksters between 1999 and 2008. In return, he gave these shysters what was euphemistically-described as 'strategic advice.' 
Self-evidently, Mr. Gingrich and his ilk, have made a habit of betraying their fellow citizens for a pile of silver.
David Brear (copyright 2012)

Sunday, 22 January 2012

Newt Gingrich has also been the de facto agent of 'MLM' racketeers.

Your free thinking readers should be alarmed to discover that Newt Gingrich  has become the new front-runner to become the Republican party's candidate for the US presidency in 2012. 
Unfortunately, Newt Gingrich is another stupid, and/or lazy, and/or corrupt, US politician who steadfastly pretends moral and intellectual authority, but who has sold his soul for a few pieces of silver (stolen by 'MLM' racketeers).
Life-long conservative, and courageous 'Amway' whistle-blower, Eric Scheibeler, actually met Mr. Gingrich at 'Amway' mass-rallies where he had been a paid, key-note speaker. At one of these profitable-orgies of deluded 'MLM' self-gratification, Mr. Gingrich (in return for a reported $50 000) proclaimed that
'Nothing would do more to help the people who used to live in the Soviet empire achieve prosperity, to achieve freedom, to achieve opportunity than to have sixty or seventy thousand Amway folks go over there and start recruiting.'
Click On MP3 Icon To Hear Newt Gingrich
Proclaim Amway As Russia's Economic Savior
This absurd, but nonetheless shameful, recording proves that Newt Gingrich has betrayed the American Republic by enthusiastically participating in a serious fraud that has secretly stolen, and continues to steal, from tens of millions of his fellow citizens and those of America's allies.
Self-evidently, Mr. Gingrich's scripted-propaganda broadcasts on behalf of the billionaire bosses of the 'Amway' mob were part of an overall pattern of ongoing, major, racketeering activity (as defined by the US federal Racketeer Influenced and Corrupt Organizations Act, 1970).
As I have previously stated, if Newt Gingrich truly believes that the so-called 'Amway MLM income opportunity' is genuine, and I have no reason to doubt that he does not, then he is probably far too stupid to be held fully to account for his crimes.
However, how is it possible that the mainstream media has failed to report these stomach-churning matters and has, instead, allowed such a greedy numb-skull as Newt Gingrich, to become a serious contender for the White House?
David Brear (Copyright 2012)

Thursday, 19 January 2012

You can fool some of the people all of the time, and all of the people some of the time, but you can't fool all of the people all of the time. '

A particularly foolish Indian 'Amway' addict has left a comment on Corporate Frauds Watch under the name of 'Vikky1979.' 
This brainwashed commentator says:
'You can make fool to some of people for some time. But you can't make fool a lot of people for long time. Amway is running since 1959 in more than 90 countries. Also you are not having correct information how it works. Remember Direct Selling is future.
For 'Vikky1979's' information, the exact quote is:
'You can fool some of the people all of the time, and all of the people some of the time, but you can't fool all of the people all of the time. '
Another interesting quote which might kick-start 'Vikky1979's' critical faculties, is:
'If you tell a big enough lie and keep repeating it, eventually people will accept it as the truth.'
From 1959 until the early 1970s, the big 'Amway' ('direct selling/MLM income opportunity') lie only existed in North America. 'Amway' was first challenged as a dissimulated fraud by US trade regulators during the 1970s. At this time, the big'Amway' lie began to spread around the world to countries where it wasn't yet being challenged. 
It is a matter of public record that, between 1973 and 2006, the big 'Amway'lie fooled around one million people in Britain. At one time, in the 1980s, the organization claimed approximately 100 thousands British 'Independent Business Owners,'  but declared an annual drop-out rate of more than 50%. By 2007, when the UK government finally took civil regulatory action against 'Amway UK Ltd.,' the organization claimed only around 35 thousands British followers, but still with an annual drop-out rate of more than 50%. Today, 'Amway UK Ltd.' claims just a few thousands British followers, who can no longer be falsely described as 'Independent Business Owners.'
There is absolutely no quantifiable evidence (in the form of audited accounts) which proves that any of the persons who signed contracts with 'Amway UK ltd.'between 1973 and 2006, received one penny of overall net-income as a result of regularly retailing 'Amway' wampum to the public for a profit. The actual failure/drop-out rate in the so-called 'Amway MLM income opportunity' in the UK was effectively 100%, because it was a dissimualted closed-market swindle and related advance fee fraud. This means that, since this vital information was deliberately withheld from the UK public, the so-called 'Amway MLM income opportunity' was fundamentally fraudulent in Britain during 34 years. However, in 2008, a UK High Court refused to close 'Amway UK Ltd.' when the organization's shyster-lawyers managed to fool him into believing that the 34 year old 'direct selling scheme,' which hadn't directly sold anything (except a fake income opportunity), had been completely reformed in Britain.
Perhaps 'Vikky1979' would like to explain to the free-thinking readers of CFW why it is that the US Internal Revenue Service does not consider 'Amway' participation to be a viable business activity from which it is possible to make a net-profit. No doubt this brainwashed fool will maintain that US tax officials also do not have correct information about how 'Amway' works.
In the adult world of quantifiable reality, US tax officials have access to the evidence proving that, during the previous 50+ years, effectively no one has ever declared an overall net-income as a result of regularly retailing 'Amway' wampum to the public for a profit. On the contray, countless American 'Amway' addicts have fraudulently tried to deduct their substantial 'Amway' costs from their income tax declarations by falsely describing them as 'legitmate business expenses.'  The US Internal Revenue Service has taken the extraordinary measure of issuing a document to its officials which instructs them to disallow all false 'business expense' claims from 'Amway' addicts. 
Tellingly, the US Internal Revenue Service classifies 'Amway' participation as being an expensive social activity (akin to attending a pay-to-enter Church or practising a pay to play sport).
David Brear (copyright 2012)

Monday, 16 January 2012

The 'Amway' Lord Haw Haw exhibits the Diagnostic Criteria of Amway (MLM) Addiction Disorder

The unmasked 'Amway' Lord Haw Haw, Mr. David Steadson, is so preoccupied with'Amway/MLM' that, for the last several years he has spent almost 24 hour per day, 7 days per week, defending it.
In literally thousands of tightly-scripted, propaganda interventions on the Net, and ignoring all quantifiable evidence to the contrary, Mr. Steadson has foolishly broadcast to the world his apparent complete faith that Amway (MLM) is not a dissimulated fraud, and/or cult, and that it really is a viable 'income opportunity,' but he has never once produced any quantifiable evidence (in the form of audited accounts) to support this demonstrably-deluded model of reality. 
Although  Mr. Steadson, knows he's been banned from Corporate Frauds Watch, our posting of the Diagnostic Criteria of Amway (MLM) Addiction Disorder have obliged him to post a typically-provocative, reality-inverting comment, in which he steadfastly pretends moral and intellectual authority. However, the arrogant 'Amway' Lord Haw Haw seems to have blown a fuse. He first accuses me of 'ranting' (i.e empty talk), but then makes the following empty boast: 
'Happy New Year! Or maybe not so happy for you, as Amway breaks through $10 million in sales, and even the UK grows strongly!'
It is always interesting to note Mr. Steadson's manipulative use of the English language, but on this occasion he has made the child-like mistake of putting millions: instead of the usual billions. 
In reality, the  academically-qualified, law-abiding, unpaid 'IBOFB' character, is merely a sophistic front for the unqualified, law-breaking, billionaire bosses of the 'Amway' mob. These narcissistic charlatans have very-specifically never actually said that their company retails anything to the public for a profit; what they have very-specifically said is that their company 'sells' $billions of products, and services, annually, via networks comprising millions of self-employed, non-salaried commission agents. However, there is no quantifiable evidence (in the form of audited accounts) proving that any of these transitory, so-called 'business owners' have themselves regularly retailed significant quantities of their own 'Amway' purchases directly to the public for a profit. Furthermore, the US Internal Revenue Service, does not classify 'Amway' participation as a viable commercial activity from which it is possible to earn an overall income. The quantifiable evidence, + common sense, proves beyond all reasonable doubt, that  the so-called 'Amway MLM income opportunity' has always been a dissimulated closed-market swindle, in which regular losing-investments made by the poor victims to the wealthy perpetrators (on the pretext that they can earn an overall income) have been laundered simply by calling these illegal payments, 'sales,' and by giving the victims cheaply-procured, grossly-over-priced and, therefore, effectively-unsaleable wampum, in return. Apart from an insignificant minority of grinning schills (whose apparent wealth has secretly derived from a secondary advance fee fraud a.k.a. 'tool scam'), during the previous 50+years, the so-called 'Amway MLM income opportunity' has, in fact, been hiding a 100%, overall, drop-out/failure rate.
Given the above, irrefutable analysis, Mr. Steadson's latest, tightly-scripted, propaganda intervention on CFW, in which he yet again attempts to futher the clandestine criminal objectives of his masters, is revealed as being part of an overall pattern of ongoing, major, racketeering activity (as defined by the US federal Racketeer Influenced and Corrupt Organizations Act, 1970).
David Brear (copyright 2012)

Sunday, 15 January 2012

Mitt Romney's dream/goal of becoming US President, has blinded him to the ugly racket lurking behind 'NuSkin'

You free-thinking readers should be interested to learn that the following, typically, loaded-question has been put to me by an attorney : 
'Do you honestly think that Mitt Romney knows that NuSkin is a fraud: Yes or No?'
Contrary to what this legally-qualified correspondent imagines, what I honestly think, is what I have previously stated. However, just so that there can be no room for any further doubt, I shall elaborate: 
The quantifiable evidence proves that 'NuSkin' has been the title over the entrance to one of numerous  'MLM income oportunity,' and related-advance fee, frauds. It is a matter of public record that Mitt Romney has accepted millions of dollars via a corporate structure (temporarily created by the bosses of this 'Amway' copy-cat), ostensibly to finance his declared-dream/goal of becoming US President. However, in return, Mr. Romney has actually associated with, and actively-participated in, a criminal enterprise. Unfortunately, he's not the only ambitious politician to have fallen into this particularly-deceptive type of self-incriminating, cultic trap. 
The mainstream media has generally portrayed Mr. Romney as a positive-thinking 'Mormon' businessman and a potential President of the USA. However, if your free-thinking readers care to examine his background more-closely, they will discover that Mr. Romney  has also been an enthusiastic advocate of the original, absurd 'self-help' guru, Napoleon Hill, who invoked his followers to stop thinking critically and, instead, develop 100% positive thinking as a means of achieving their wildest dreams and goals of success Classically, the manipulative charlatans behind 'NuSkin' have pretended affinity with Mr. Romney, posing as positive-thinking 'Mormon' businessmen and supporters of his declared-dream/goal of becoming US President. Self-evidently, the huge 'contributions' made to Mr. Romney's presidential campaign by the billionaire bosses of the 'NuSkin' mob, have been bribes maliciously-designed to further their own clandestine criminal objectives, and are, therefore, part of an overall pattern of ongoing, major, racketeering activity (as defined by the US federal Racketeer Influenced and Corrupt Organizations Act, 1970).
Before he snaffled the cash, Mr. Romney (as a graduate of the Harvard Law, and Business, Schools) ought to have made it his business to find out that 'NuSkin' is part of a criminogenic phenomenon that continues to damage countless ill-informed individuals around the world. Unfortunately, the front-runner in the race to become Republican presidential candidate for 2012, is apparently now suffering from a classic case of Confirmation Bias . 
Thus, currently, it is impossible for Mitt Romney to see beyond his own ego, and discover the mountain of quantifiable evidence proving that he has foolishly betrayed his country in return for a few bedazzling pieces of stolen silver.
David Brear (copyright 2012)

Friday, 13 January 2012

The Diagnostic Criteria for Amway (Multi-Level Marketing ) Addiction Disorder

In response to our latest crop of intellectually-castrated commentators, here are:
The Diagnostic Criteria for Amway (Multi-Level Marketing ) Addiction Disorder
1 - Do you feel preoccupied with Amway (MLM)?
2 - Do you have complete faith that Amway (MLM) is not a dissimulated fraud, and/or cult, and that it really is a viable income opportunity?
3 - Have you never seen the audited accounts (particularly, income-tax receipts) of persons who have made verbal claims to have earned income from Amway (MLM)?
4 - Do you have complete faith that Amway (MLM) products and services are of sufficient quality and value that they can be regularly sold for a profit on the open market (i.e to the public)?
5 - Do you have complete faith that the instigators of Amway (MLM) are law-abiding and can be trusted?
6-  Do you have complete faith that the persons above you in the Amway (MLM) Network hierarchy are law-abiding and can be trusted?
7 - Do you have complete faith that all quantifiable evidence proving, and all persons suggesting, that Amway (MLM) is a dissimulated fraud, and/or cult, cannot be trusted?
8 - Do you regularly buy  Amway (MLM) products, and/or services? 
9 - Have you never regularly sold Amway (MLM) products, and/or services, to the public for a profit?
10 - Have you regularly bought Amway (MLM)-related publications, recordings and tickets to meetings?
11 - Do you have complete faith that Amway (MLM)-related publications, recordings and meetings contain secrets vital to achieving freedom and success?
12 - Have you changed your usual manner of speaking since becoming involved with Amway (MLM)?
13 - Do you find yourself habitually-repeating key words, phrases and acronyms (IBO, PV, BV, BSM, etc.) which have been constantly-repeated to you in Amway (MLM)-related publications, recordings and meetings?
14 -Have you changed your usual manner of dress since becoming involved with Amway(MLM) ?
15 - Have you changed your usual sleep pattern, and/or diet, since becoming involved with Amway (MLM ?
16 - Have you fixed positive images of your dreams and goals at strategic places in your home? 
17 - Have you regularly focused on positive images of your dreams and goals and visualised yourself achieving them?
18 - Do you dream of achieving Amway (MLM) freedom and success as a means of escaping from personal, and/or financial, problems or of relieving a distressed mood (i.e. feelings of helplessness, guilt, anxiety, depression, alienation, etc.)
19 - Do you believe that a 100% positive attitude (complete faith) is one of the secrets of achieving freedom and success in Amway (MLM), and that if you fail to achieve freedom and success this will be the result of a negative attitude and, therefore, you will only have yourself to blame?
20 - Do you find yourself habitually dividing everything in your life into: Amway (MLM) and positive, for winners (to be included)versus non-Amway (MLM) and negative, for losers (to be excluded)?
21 - Do you have complete faith that you can achieve total financial freedom within just a few years, through duplicating a positive plan to buy Amway (MLM) products and to recruit others to duplicate the same positive plan? 
22 - Have you drawn up a prospect list (i.e. all the names of all the people you have ever encountered in your life)?
23 - Have you tried to find and contact the individuals on yourprospect list with the intention of recruiting them into Amway (MLM)?
24 - Have you used a positive script to try to recruit people intoAmway (MLM), but which actually hid your real objective?
25 - Do you believe that all tactics are justified to recruit others into Amway (MLM), because, in the end, Amway (MLM) will be of great benefit to everyone ?
26 - Have you repeatedly made unsuccessful attempts to control, cut back or stop your Amway (MLM) involvement? 
27 - Do you feel restless, moody, depressed, or irritable when attempting to cut down or to stop your Amway (MLM) involvement?
28 - Have you spent far more time and money on Amway (MLM) than you originally intended?
29 - Have you jeopardised or risked the loss of a significant relationship, job, educational or career opportunity because of Amway (MLM)?
30 - Have you lied to friends and family members, professional advisers, and/or to others, to conceal the extent of your losses in Amway (MLM)
Anyone truthfully answering 'yes' to more than 5 of the above question, is suffering from Amway (MLM) Addiction Disorder
Corporate Frauds Watch (copyright 2012)

Thursday, 12 January 2012

With whom have the billionaire 'Amway' bosses really been associated?

In the past, if the agents of an enemy power had tried to set up a serious fraud in Britain, presumeably, British security services would have been interested. Yet, the evidence proves beyond all reasonable doubt that (starting in 1973) a gang of Americans (linked financially to the Republican party) was allowed to set up, and shield, a multi-billion dollar, corporate fraud in Britain (and operate it for 34 years without the slightest regulatory challenge) whilst British security services never even noticed. 
Similarly, today, if the agents of an enemy power tried to set up a serious fraud in India, presumeably, the republic of India's security services would be interested. Yet, the evidence again proves beyond all reasonable doubt that (starting in the late 1990s) the same gang of Americans (linked financially to the Republican party) was allowed to set up, and shield, the same multi-billion dollar, corporate fraud in India (which they continue to operate without the slightest regulatory challenge) whilst the republic of India's security services haven't even noticed.  
One would have thought that, at the very least, the Indian security services would be interested in the fact that the American-based bosses of 'Amway,' have been linked to the instigator of 'Blackwater.
The mediocre, but rich, little Prince who apparently created 'Blackwater,' is Erik Dean Prince  If your free-thinking readers care to take a look at his background, they could almost be reading the life-story of the second generation of deluded billionaire 'Amway' crime bosses (with whom he has been so closely-associated). 
However, perhaps more than any other single person, Erik Prince reflects the morally and intellectually (and soon-to-be financially) bankrupt America of the 21st. century. Behind his wealthy, clean-cut, patriotic, Christian, capitalist, hero mask, lurks a puerile narcissist of no real importance, but who inherited sufficient cash to live-out a kitsch, comic-book, 'Rambo'-style fantasy of his own moral and intellectual authority as though it is total reality. 
Erik Prince, and his equally-unimportant ilk, will probably never be able to face external reality, but why should they, when (to date) no grown-up, true, morally and intellectually authoritative, potential leader has emerged in the USA, with the courage and vision to try to re-establish the Constitution, and the rule of law, before it's too late.  
The 'Blackwater' company went from nothing, to become the corporate front for perhaps the most-profitable, private mercenary force in history. At one time, the US Congress began to investigate what was going on, because Prince had been awarded annual, unclassified contracts of more than $1.6 billion with the US government (+ an unknown quantity of classified contracts), but there didn't seem to have been any real competition for this juicy business, or any truly-independent control over the budget. In 2007, Prince was finally asked to appear before a Congressional committee, and one of the financially-dependent politicians politely asked him: what influence members of the DeVos family had in his acquiring all this cash from the Bush administration? Young Erik simply smiled, and replied in the negative. Faced with further investigations, Prince was later obliged to sell his multi-billion dollar company (but only on paper). 
There is very little essential difference between Erik Prince and the global terrorists he has claimed to oppose; for he is undoubtedly a self-righteous sociopath who believes that he is one of God's chosen people and that Christian America is engaged in a never ending struggle against evilThis two-dimensional fiction, has allowed Erik Prince systematically to justify his grandiose objective that the US government should de-regulate its armed forces to run them like a business - renting-out American military muscle for a profit (presumeably, to anyone who is willing to pay). 
David Brear (copyright 2012)
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