tag:blogger.com,1999:blog-2020300354268548128.post6211150033819840133..comments2024-03-27T15:08:52.340+05:30Comments on Corporate Frauds Watch: Indian Govt is no different from any democratic govtShyam Sundarhttp://www.blogger.com/profile/06882675852552827969noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2020300354268548128.post-13720002229838154372009-12-03T10:09:19.344+05:302009-12-03T10:09:19.344+05:30Shyam,
Are you high?Shyam, <br /><br />Are you high?Texhttps://www.blogger.com/profile/08566368612992506048noreply@blogger.comtag:blogger.com,1999:blog-2020300354268548128.post-87337482825730499042009-11-30T19:44:46.299+05:302009-11-30T19:44:46.299+05:30Trivedi, Be honest who is your ghost writer now. I...Trivedi, Be honest who is your ghost writer now. Is it IBOFB?Shyam Sundarhttps://www.blogger.com/profile/06882675852552827969noreply@blogger.comtag:blogger.com,1999:blog-2020300354268548128.post-57430822125661895682009-11-29T17:22:46.189+05:302009-11-29T17:22:46.189+05:30now don't tell me u want the whole documentary...now don't tell me u want the whole documentary of that issue !!!1dtytrivedihttps://www.blogger.com/profile/06124951284756790910noreply@blogger.comtag:blogger.com,1999:blog-2020300354268548128.post-54980910232812217382009-11-29T17:21:36.677+05:302009-11-29T17:21:36.677+05:30In the 1979 ruling In re. Amway Corp., the Federal...In the 1979 ruling In re. Amway Corp., the Federal Trade Commission determined that Quixtar predecessor Amway was not an illegal pyramid scheme because no payments were made for recruitment. In addition, Amway (and later Quixtar) rules required distributors to sell to at least 10 retail customers per month, or have $100 in product sales, or a total of 50PV from customer purchases in order to qualify for bonuses on downline volume. Quixtar IBOs are required to report this customer volume on Quixtar.com or they do not receive bonuses on downline volume. Furthermore, an IBO must also personally sell or use at least 70% of the products personally purchased each month.The FTC established that these rules help prevent inventory loading and other potential abuses of the marketing model.<br />In 1986 Amway Corp. agreed, under a consent decree filed in federal court, to pay a $100,000 civil penalty to settle Commission charges it violated a 1979 Commission order that prohibits Amway from misrepresenting the amount of profit, earnings or sales its distributors are likely to achieve. <br />The FTC has required the information on average income to be provided to all prospective Quixtar business owners since the above 1979 FTC ruling clearing the Amway business model as legal.dtytrivedihttps://www.blogger.com/profile/06124951284756790910noreply@blogger.comtag:blogger.com,1999:blog-2020300354268548128.post-72036488176214424082009-11-29T17:18:13.285+05:302009-11-29T17:18:13.285+05:30And yeah not to forget,Amway also went through FTC...And yeah not to forget,Amway also went through FTC investigation where it proved its legality.<br /><br /><br />No matter what u say what is the end result, it is legal business (according to FTC investigation).dtytrivedihttps://www.blogger.com/profile/06124951284756790910noreply@blogger.comtag:blogger.com,1999:blog-2020300354268548128.post-14012801008640389402009-11-29T16:47:27.262+05:302009-11-29T16:47:27.262+05:30well when u talk of democratic government then let...well when u talk of democratic government then let me tell u that Amway has also been succesful in Communist govt. countries like russia and China!!!dtytrivedihttps://www.blogger.com/profile/06124951284756790910noreply@blogger.com