Saturday, 27 June 2009

ZRII or Noni both fruit juice concentrates out to cheat like Amway

A query from a reader made me to browse the Net to find about another fraudulent company which is cheating American people.
ZRII is a fruit juice concentrate which is made out of a citrus variety called Amla. It is a household name in India and anywhere in India you see a sizable number of trees with that fruit which is full of Vitamin C. People make pickles, cook curries with red gram and it is very popular in India.
That is the very reason, that fruit juice is not being marketed in India. But a lesser known variety Noni fruit juice concentrate made from Morinda Citrifolia is being marketed claiming to have magical remedial qualities.
Both are mere fruit juice concentrates and how can it be possible they have curative qualities for all disease.
It is like Amway selling its products at a very high price and lining its pockets. There is hardly any difference. That is why I call the Amway mother of all scams.
The modus operandi is similar to that of Amway. One has to become a member and enroll new members to claim hefty discounts on the product and commission on membership fee.
These fraudsters are not ashamed of their act and do not hesitate to do anything under the sky to make fast buck.
It is high time, people realised the facts and throw these fraudsters behind the bars.
My fellow humans all over the world! Do not fall prey to these fraudsters and lose your hard-earned money.

Friday, 26 June 2009

TVI Express is another racketeer fleecing the gullible! Beware!

Yet another racketeer entered the long list of fraudsters in the name of direct selling. This fraudulent company is showing enormous profits through out life. But it never clarifies how it works. A friend from the North-East part of India reported that already several people had fallen prey to this fraudster.
I appeal to all Indians and people of other parts of world not to fall prey and lose all your hard-earned money to these crooks.
It is also a classic case of pyramid structure where only in the top of it would earn money and all others eventually lose their money. This is what is called mathematical impossibility. Do not be induced or lured by this type of quick bucks. You will lose all your money and finally blame yourself for losing money in such scheme. It is a mirage, my friends. Do not fall for them.
There is nothing like easy money and no short cuts for getting rich quick. You work hard and save money then only you will become rich.
There are enough number of fraudsters around us to rob our money. Beware of such fraudsters.
Now several insurance companies are coming out with multilevel marketing schemes and beware of such insurance policies.
Save money and enjoy your life with your own money. Do not give it away to these fraudsters in the false hopes of getting more money.

Tuesday, 16 June 2009

Criminal case filed against Kunnath Pharmaceuticals

A Criminal case was filed against Kunnath Pharmaceuticals on charges of advertising in newspapers about its drugs which is a prohibited activity in India. Drugs & Magic Remedies (Objectionable Advertisements) Act, 1954 controls the advertisements of drugs in certain cases and prohibits the advertisements for certain purposes of remedies alleged to possess magic qualities.
The accused Kerala-based pharmaceutical company advertised in newspapers that its product Musli Power Extra improves the capacity of human beings for sexual pleasure. Vijayawada-based Consumers' Guidance Society wrote a letter to the pharma company to stop advertising its products since it is illegal. Instead of stopping the advertisements, the accused pharma company defended its products stating it is a fine product without any side effects. It also added that its products proved to be efficacious up to 80 to 85 per cent success rate. In other words, whoever complains that the drug is not working, the pharma company says that the unfortunate user falls in the 20 per cent failed cases. That is the trick of this cheating company.
After asking the pharma company in vain to re-issue the advertisement after including the 80 per cent success rate, the Consumers Guidance Society filed a criminal case against company for cheating and misleading the public with its advertisements which is a banned activity.
Drugs & Magic Remedies (Objectionable Advertisements) Act, 1954 states in its schedule 54 diseases or disorders or conditions for which there should be no advertisements which includes among others - form and structure of the female bust, obesity, sterility in women, stature of persons, sexual impotence.

Monday, 15 June 2009

Look behind the sale of Herbalife products that is illegal

Recently a friend asked whether Herbalife products are safe and good. One thing everyone should remember is if the products are good and safe they could be sold in the regular market.
Herbalife induces people to become members of the scheme and later induces them to make bulk purchases with the promises of huge commissions. Soon these gullible people are laden with huge stocks which they could not sell to anyone without making them join the scheme. I know dozens of people who have huge stocks worth several hundreds of thousands of rupees. Recently a physiotherapist approached me with the same problem. She has now with her more than hundred thousands of rupees worth Herbalife products. She realised rather belatedly that she was duped by the company. This is how this fraudulent company is deceiving our people. The physiotherapist cannot prescribe the products to her patients as it is unethical and she could not sell the products. That is the pathetic situation.
Now to the point of what exactly is in the products of Herbalife. The Herbalife claims that it is food supplementary products. It traps the obese people to become thinner by using its products. Who can afford to buy these products such an exorbitant price. Then they would be told to become members and buy the products in bulk. The chain of deceit continues.
What exactly is in the products is the trade secret. It is nothing but soya powder which kills your appetite. Naturally, you will no longer feel hungry and once you stop these products you will become obese again.
It costs a minimum of Rs. 3,000 to Rs, 8,000 every month to use these products for personal use. You have to forgo food and how long one remains without taking tasty, spicy food. Once you start taking regular food you would get back your weight.
The important thing people should remember is the cunningness of becoming member in the scheme of Herbalife. That is how the Herbalife is making lot of money by cheating people.
My friends! Do not fall for these tricks of such fraudulent companies like Herbalife, Forever Living Products.

Saturday, 13 June 2009

Corporate Frauds Watch files writ petition against Amway

Corporate Frauds Watch in its relentless fight against Amway and other illegal swindlers has filed a writ petition against Amway India Enterprises appealing to the High Court of Andhra Pradesh to direct the officials of Andhra Pradesh State Government to stop the illegal business activities of Amway India. It has been pointed out that the Hon'ble High Court of Andhra Pradesh has already adjudicated that the business scheme of Amway India attracts the provisions of the Prize Chits & Money Circulation Schemes (Banning) Act, 1978. Still, Amway India is continuing its illegal operations through out the country.
Andhra Pradesh Government has issued an Order, G.O. M.S. No. 178 of 15-09-2008 restraining Amway India from advertising its illegal business activities. Still, not only Amway India advertises in the electronic and print media, it also updates its illegal business plan and solicits the public to join members of the scheme.
It shows that Amway India cares nobody and goes ahead with its arrogance.
Corporate Frauds Watch also sent notices to 22 TV channels and print media houses for publishing the advertisements of Amway India knowing fully well that it is illegal and lawfully banned from advertising its business scheme.
Let us wait and see for the outcome.

Thursday, 28 May 2009

What happened to Amway apolgoists Tex, ibofightback and their ilk

Amway apologists have been conspicuous by their absence for a long stretch. It seems they are busy with their swindling activity hunting for new victims. Surely, they would not find much people. In India, they are looked down as swindlers and nobody trusts Amway distributors. By and large people realised that they are bound to lose their hard-earned money if they join Amway. But unfortunately, these gullible people did not lose their faith in multilevel marketing and easy get quick rich myths. That is why new local swindlers are coming up in remote places in Andhra Pradesh.
For instance, an incense sticks selling company recently made away with a huge booty of Rs. five crore (Rupees Fifty million recently). Police have already arrested the culprits and it is a long process of law to send them behind bars for some years. The modus operandi is same that of Amway. Here they sold incense sticks in the place of Amway's 'quality' products. The proverbial 'endless chain' broke very soon and the organisers of the scheme landed behind bars.
People always fall for quick buck and they are induced to become members with the lure of get quick rich. Only a pocketful of people became rich at the cost of many thousands of people and somebody dared to lodge a complaint with the police. And it is not necessary to mention that the organisers of the scheme became millionaires overnight.
My fellow countrymen, there is nothing like easy and quick rich and easy and quick good health. You cannot shed your extra weight without working hard for it. That is the weakness these fraudsters are using to make fast buck for themselves. Beware! Do not fall for these tricks of getting quick rich.

Sunday, 24 May 2009

Direct selling aka network marketing recession-proof! My foot!

Unemployment is rising. Loans are hard to get. Foreclosures are skyrocketing; small business owners are closing their doors. Into this sad situation comes multi-level marketing (MLM), claiming to offer consumers a "fall back" or rescue. They call it "direct selling" and they claim it is "recession-proof."
The problem is, the "income opportunity" peddled by most multi-level marketing companies is not direct selling. Direct selling during a Recession is a possible income opportunity, but it is certainly not a safe haven. It is not recession proof. In fact, it is among the hardest jobs in the world, with huge turnover and very little profit potential. What product would people need to buy from a friend or neighbor - at higher prices - than they can readily buy in stores or online? And how much does it cost in time and money to do the marketing, selling, delivering, and servicing?In reality, the "direct selling" offered as "network marketing" is just the age old "endless chain" trick. You pay money to the MLM for the right to sell the MLM opportunity to others who pay money for the opportunity sell the MLM opportunity to others who will pay money to do the same. What is the opportunity, you ask? It's the opportunity to sell the opportunity! Get it?To make a profit each person needs many more people below them. This is also called a pyramid scheme. Later investors pay earlier ones, with each level growing geometrically. The pyramid money is disguised as fees, marketing and sometimes inventory. In nearly all cases, the "inventory" is higher priced than similar goods in stores, yet the direct selling industry claims consumers will buy more when the economy goes down!
In fact, they claim people make money in direct selling when times are good and when times are bad! This may sound familiar. It is exactly the same claim made by billion-dollar-fraudster, Bernard Madoff. He too said his investors would profit from his scheme, in good times or bad.The fact is that the true "product" that is being purchased in most direct selling schemes is the right to sell the opportunity to others. The opportunity to sell the opportunity!
As to the clam that the money is really for "products" and "business costs", not just the opportunity to sell the opportunity, the question must be asked: why would unemployed people, who may be facing home foreclosures, buy expensive and relatively unknown products during a Recession? And, as to why "direct selling" increases during a Recession, the related question must be asked: why would consumers buy more of these higher priced products during a downturn?
Unemployed consumers can be persuaded to buy high priced products ranging from weight loss pills to chocolate - if they are told they will get all their money back plus a big profit when they recruit others to do the same! In other words, this is a classic money transfer dressed up to look like a business. The money a few will get comes from the losses of many others "below" them.
At the end will be the vast majority who will not - and cannot - find enough new "buyers." The promise that everyone can find a "safe haven" in this money transfer scheme is a cruel lie.The result of falling prey to an "endless chain" recruitment scheme will be even greater losses for thousands of people who spend their remaining savings, or take on more debt, to join a MLM scheme.
The Direct Selling Association (DSA) has been selling the bogus idea of a "safe haven" and recession-proof business to the media. Some journalists have bitten the hook. Recently the New York Times took the bait and reported bogus figures about "median income" levels of MLM participants. However, it did at least include a warning about recruitment schemes and included the Pyramid Scheme Alert website as a resource.
However, the New York Times refused to correct the mistaken numbers about "median income". The Times defended the figure on the grounds that it accurately reported what the Direct Selling Association told them!The DSA is not a government agency. It is a lobbyist and PR promoter of multi-level marketing.
The article stated, "The barriers to entry (in direct selling) are fairly minimal. Start-up kits - required by most companies - cost about $99 on average... The median income from direct selling is $2,400 annually, according to the (Direct Selling) association, but those who recruit and manage others can earn significantly more."These two figures - $99 "on average" to start up and a "median income" of $2,400 - are spectacularly misleading. --True start-up costs (the fee is just the first cost) can be in the thousands and may require monthly inventory purchases and even more costs for "marketing and motivation."--As for income, 99% of all MLM participants lose money. The $2,400 figure of "median income" (half of all MLMers would make more if that is the "median") is pure fiction. -- For half of all direct sellers to earn $2,400 (median income), as the DSA told the NY Times, the total sales of direct sellers would have to be far more than $100 billion! And, all the MLMers would have to be retailing all their products!-- The DSA misleads with numbers about "retail" sales, but almost any number used would be fake. Most its members do not track retail sales. This is because most MLMers don't make retail sales! They only recruit other "direct sellers."
The direct selling claim is just a camouflage for recruitment scams. Far from providing a safe haven during a Recession, MLM schemes actually widen the wealth gap; they sap resources from most people who invest and siphon the money to a small group of promoters; they entice people to try to make money off their friends' and family's losses. In the midst of a Recession, MLM has found a great new market - unemployed people, desperate for income. Other industries are also profiting - gambling, lotteries, payday loans, and bankruptcy lawyers.

No More Silence: Take Action
Over the last eight years, Pyramid and Ponzi schemes have grown and spread. The Internet is now choked with "cash gifting" scams and "matrix selling" frauds. Pyramid selling scams have multiplied and now boast that the Recession will bring them more desperate "recruits." The false promise of income from an "endless chain" recruitment scheme is the lure of these multi-level marketing scams. Many of the "job" and "business opportunity" solicitations on the internet are nothing more than pyramid schemes, flim-flam frauds. Consumers now have a way to fight back.