To Dated: 6/6/2014
The Principal Secretary,
Home Department, Secretariat,
Telangana State, Hyderabad.
Respected Madam,
Sub: Promotion of illegal Money Circulation Scheme by Amway India Enterprises – Request to initiate criminal action by forming Special Investigating Team (SIT) – Regarding.
Ref: G.O.Ms.No.178 Home department, dated 15/9/2008 of State Govt. of A.P.
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1. It is respectfully submitted that Amway India Enterprises has been promoting illegal Money Circulation Scheme in the guise of sale of products. The Division bench of Hon’ble High Court of A.P. (WP 20470 of 2006) also held that the scheme of Amway is nothing but illegal Money Circulation Scheme banned under the provisions of Prize Chits and Money Circulation Schemes (Banning) Act, 1978. The Hon’ble Supreme Court of India (SLP 13414 of 2007) also upheld the judgement of the Hon’ble High Court of AP in this regard.
2. It is further submitted that the State Government of A.P. issued a G.O. cited in the above reference, restraining the Amway India Enterprises from issuing advertisements in Print and Electronic Media. Amway has been issuing advertisements in all the Print and Electronic Media in utter disregard of the said G.O., though no action is being initiated against Amway in this regard.
3. It is further submitted that the fraud, cheating and siphoning of amounts to foreign countries committed by Amway is above Rs.1000 Crore and the activities of Amway extended across the state. Hence, it needs a special investigation by Special Investigating Team (SIT) to curb the social menace of illegal Money Circulation Scheme promoted by Amway India Enterprises.
4. Hence, I pray that the Hon’ble Officer may be pleased to form a Special Investigating Team (SIT) headed by D.I.G. of Police for thorough and effective investigation to curb the promotion of illegal Money Circulation scheme by Amway India Enterprises.
Yours faithfully,
M V Shyam Sundar
To Dated: 6/6/2014
The Commissioner of Police,
Hyderabad City,
Hyderabad.
Respected Madam,
Sub: Promotion of illegal Money Circulation Scheme by Amway India Enterprises – Request to initiate criminal action by forming Special Investigating Team (SIT) – Regarding.
Ref: G.O.Ms.No.178 Home department, dated 15/9/2008 of State Govt. of A.P.
****
1. It is respectfully submitted that Amway India Enterprises has been promoting illegal Money Circulation Scheme in the guise of sale of products. The Division bench of Hon’ble High Court of A.P. (WP 20470 of 2006) also held that the scheme of Amway is nothing but illegal Money Circulation Scheme banned under the provisions of Prize Chits and Money Circulation Schemes (Banning) Act, 1978. The Hon’ble Supreme Court of India (SLP 13414 of 2007) also upheld the judgement of the Hon’ble High Court of AP in this regard.
2. It is further submitted that the State Government of A.P. issued a G.O. cited in the above reference, restraining the Amway India Enterprises from issuing advertisements in Print and Electronic Media. Amway has been issuing advertisements in all the Print and Electronic Media in utter disregard of the said G.O., though no action is being initiated against Amway in this regard.
3. It is further submitted that the fraud, cheating and siphoning of amounts to foreign countries committed by Amway is above Rs.1000 Crore and the activities of Amway extended across the state. Hence, it needs a special investigation by Special Investigating Team (SIT) to curb the social menace of illegal Money Circulation Scheme promoted by Amway India Enterprises.
4. Hence, I pray that the Hon’ble Officer may be pleased to form a Special Investigating Team (SIT) headed by D.I.G. of Police for thorough and effective investigation to curb the promotion of illegal Money Circulation scheme by Amway India Enterprises.
Yours faithfully,
M V Shyam Sundar