More Sajjanars, Raghuram Reddys, Jayanths, Valsans are needed to tackle crooks
For the first time in the long history of Amway which boasts of its presence in over 60 countries, one IPS officer filed a criminal case against the company for its fraudulent activities. He is none...
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Amway India chief, two others arrested under PCMCS Act. What about other MLMs?
(http://www.moneylife.in/article/amway-india-chief-two-others-arrested-under-pcmcs-act-what-about-other-mlms/32894.html)Kerala, the first state to tighten guidelines on multi-level marketing companies,...
View ArticleA Long Chain Of Infamy Amway, and its can of crooked worms
http://www.outlookindia.com/article.aspx?285776PRAGYA SINGHA Soup Gone Sour*Crackdown on multi-level marketing in Kerala and AP *Kerala investigators says MLMs like Amway are a “fraud”.*AP police...
View ArticleIn India, it is business as unusual for Amway
While Indian laws are inadequate to deal with direct marketing schemes and their exorbitant pricing, the United States of America already has rules that force companies like Amway to price their...
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Clear proof against Amway men, says PA Valsan, SP EOW
http://www.deccanchronicle.com/130601/news-current-affairs/article/%E2%80%98clear-proof-against-amway-men%E2%80%99Kozhikode: Amway India chairman and managing director William S. Pinckney and two...
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Article 1
Why is Indian Minister, Sachin Pilot - suddenly the 'Amway/MLM' racketeers' best friend?India's SP http://en.wikipedia.org/wiki/Sachin_PilotAlthough he is only 36 years old, Sachin Pilot (b. 1977) is...
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Amway: The Most Intelligent Scam Ever?
One of our readers and blogger Shrikanth writes about Amway in his blog and it is reproduced here.Few days back Amway India Chairman and CEO William Pinckney was arrested along with two directors and...
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Sachin Pilot still believes the 'MLM Income Opportunity' fairy story
The American-educated, pretty-boy, politician, Sachin Pilot, is currently on an official tour of the USA where he's been playing the unconvincing role ofIndia's intellectually, and morally,...
View ArticleNMart seeks investigation by CID, how funny?
NMart filed a writ petition in Andhra Pradesh High Court seeking transfer of all criminal cases filed against the company to the Crime Investigation Department (CID), Hyderabad. The High Court admitted...
View ArticleUnion Minister Sachin Pilot served legal notice
Vijayawada-based civil society organisation Corporate Frauds Watch served a legal notice to the Union Minister for Corporate Affairs, Sachin Pilot for openly supporting multilevel marketing companies...
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Amway India’s chain scheme is illegal: SP
http://www.thehansindia.com/ShowryOngole: Superintendent of Police Dr Kolli Raghuram Reddy asserted here on Saturday that Amway India’s business model is illegal and warned people not to fall prey to...
View ArticleSEBI busts potato-purchasing racket of Sumangal Industries
It has become very easy these days for conmen to cheat the gullible. Kolkata-based Sumangal Industries started yet another racket with the lure of big returns in short span. And there are many to fall...
View ArticleMizodirect website contains many a discrepancy
Corporate Frauds Watch has been closely watching the http://mizodirect.mizoram.gov.in/ website and already has written a letter to the Mizoram State government seeking clarification over the website.On...
View ArticleCattle & Ghee racket unearthed, SEBI asks HBN Dairies & Allied Ltd to refund...
http://www.hbnglobal.com/dairy/dairy.Here is another racketeer company which collected Rs. 1,100 crore (Rs. 11 billion) from public on the promise of high returns within a short span. Any idea what the...
View ArticleChief Secretary of Mizoram to take disciplinary action against IPS officer...
THE SHILLONG TIMES NEWSPAPER on August 2, 2013 reported that the Mizoram government has nothing to do with the Mizodirect and it is backed by a senior IPS officer with the rank of Addl Director General...
View ArticleAmway India CMD lies to the journalists
The other day the CMD of Amway India Enterprises in an interview to a nitwit Indian journalist with straight face lied that the Amway India is not a chit fund company but an FMCG. What a laughable...
View ArticleAvani Gold chairman, MD held on fraud charges
Yemmiganur (Kurnool): In yet another crackdown on white collar offences in the district taken up by district superintendent of police Dr K Raghuram Reddy, the Yemmiganur police on Thursday arrested...
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Amway is doing illegal business, asserts Sajjanar
VC Sajjanar, Deputy Inspector General of Police, who has been waging a war against the illegal money circulation schemes for nearly a decade, asserted that Amway has been doing illegal business in the...
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The 'FlexKom/Lyoness' Ministry of Truth makes an appearance
August 1st 2013, I published an article entitled:'Lyoness' and its copycat, 'FlexKom,' have exhibited the universal identifying characteristics of a cult....
View ArticleProtect your Money: Ignore dubious chain-money schemes and false promises:...
Sucheta Dalal talked in detail about how the different multi-level marketing –MLM scams have siphoned off money from India and the helplessness of authorities, including police, to fight with those...
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