May 29th 2013
A local court has granted conditional bail to 'Amway India's' Chairman/Managing Director and CEO William S Pinckney, an American, and two company Directors, a day after they were remanded to 14 days judicial custody .
Kalpetta Judicial first Class Magistrate N Ravishankar, who remanded the three to judicial custody on Monday, granted them bail with conditions including that the accused should report to the investigating official as and when directed.
Pinckney and Directors Sanjay Malhotra and Anshu Budhraja were arrested by the Wayanad Crime Branch (Economic Offences) wing from Kozhikode May 27th 2013 in connection with three fraud cases registered in Wayanad district.
They were charged under the Prize Chits and Money Circulation Schemes (Banning) Act based on complaints filed in 2011.
The arrest was based on complaints filed in the Meppady police station by Ashraf and Jaffer from Rippon and Hariharan from Vaduvanchal, Ambalavayal, Wayanad.
The complainants accused the company of its failure in ensuring the promised benefits to those who joined the 'network marketing business.' They alleged the company had forced them to buy 'Amway' products for huge sums of money.
Last year, the Crime Branch (Economic Offences wing) had conducted searches at 'Amway' offices across the state including Thrissur, Kozhikode and Kannur districts as part of its crackdown on money chain activities.
'Amway' premises in these centres were also closed and goods seized.
The latest news from India is that the 'Amway' mob of 3 stooges got bail, but their attorneys were allowed to get away with telling demonstrable lies during the bail-hearing concerning 'Amway's' alleged retail sales in India. Obviously, this was not the trial, therefore, no one could challenge these lies, which have been reported in the press without detailed qualification or heavy irony.
In brief, 'Amway's' Indian attorneys steadfastly pretended that all of the millions of rupees of unlawful internal investments (made by 'Amway' adherents in the false expectation of reward): were lawful retail sales (based on only value and demand).
However, the economic offences unit of the Kerala police estimate that Amway India' products have been sold to the adherents, on average, at 6-10 times the price of equivalent products in traditional retail outlets (which obviously makes them effectively-impossible to retail to the public).
Thus, the only possible explanation why so many Indians should feel the need to hand over their money in exchange for the jaw-droppingly expensive 'Amway' wampum, is because they have been deceived into believing that the regular purchase of these products + the recruitment of others to do the same, etc; ad infinitum, is a proven plan to achieve total financial freedom.'
The previous common-sense judgement handed down by the Andhra Pradesh High Court in 2007, when 'Amway' had filed its malicious writs against the police to prevent
investigation, clearly explained that 'Amway's' scheme appeared to be in breach of criminal legislation banning money circulation schemes, the identifying characteristics of which, are set out in the Act of 1978.
I personally cannot see how it will be possible for 'Amway' to escape from these charges unless corrupt forces are at work behind the scenes.
David Brear (copyright 2013)
May 28th 2013
Managing Director of 'Amway India Enterprises,' William S. Pinckney and two other senior corporate officers, Sanjay Malhotra and Anshu Budhraja, have been arrested for fraud by the Kerala state Police.
Laughably, the officers of both 'Amway India Enterprises' and the so-called 'Indian Direct Selling Association' have admitted that they have been trying to tamper with existing Indian legislation which seeks to prohibit all pyramid schemes, no matter how they are dissimulated.
Again, this attempt to subvert the democratic process in India (by the bosses of a US-based organization) in order to continue to commit fraud and to obstruct justice, forms part of an overall pattern of ongoing, major, racketeering activity as defined by the US federal Racketeer Influenced and Corrupt Organizations Act, 1970.
William S. Pinckney, Managing Director 'Amway India Enterprises,' is due to appear in Court in Kerala today!
William S. Pinckney Anshu Budhraja Sanjay Malhotra
Regular readers of this Blog will be aware that, since the late-1950s, 'Amway' (a corruption of 'American Way' ) has been the reality-inverting corporate front for a self-perpetuating, blame-the-victim, closed-market swindle and related advance fee frauds (a.k.a. 'tool scams'), which have been allowed to escape all rigorous criminal investigation/prosecution in America; thus, enabling a greedy little gang of US-based racketeers to continue to steal billions of dollars from tens of millions of constantly-churning victims around the world. Furthermore, the 'Amway' mob has paved the way for countless copy-cat cults/ major organized crime groups, all of which have run identical blame-the-victim frauds whilst steadfastly pretending to be lawful direct selling companies enabling millions of people to start their own risk-free businesses.
Superintendant of Police, P. A. Valsan leaving 'Amway' offices in Kerala.
|William S. Pinckney, MD and CEO, 'Amway India,' foolishly posing with piles of 'Amway' wampum|
|A crowd of 5000 typically-deluded Indian 'Amway' adherents photographed in Australia 2012.|
- Since the instigation of 'Amway India Enterprises,' exactly how many Indian citizens have signed-up with 'Amway,' and exactly how many of these alleged 'Independent Business Owners' have got back more money than they paid in?
- Exactly what percentage of all the claimed 'multi-billions rupee sales of Amway products in India,' have been authentic profitable retail transactions between 'Amway's' alleged 'Independent Business Owners' and members of the Indian public (based on value and demand)?
- Does any quantifiable evidence exist which would prove that the so-called 'Amway income opportunity' has had any significant and sustainable revenue other than that deriving from a never-ending chain of losing participants?
The tell-tale sign of the involvement of 'MLM income opportunity' racketeers, is the essentially-meaningless definition of 'direct selling' as:
'The sale of goods, and/or services, to customers and end-users,'
which is so vague that it can be interpreted as a license to sponsor fraudulent schemes (i.e. those without any sales to the general public and, consequently, no significant or sustainable revenue other than that deriving from their own participants).
Indeed, each time 'Amway's' hidden activities have been brought before senior judges in India, they have immediately deduced that the company appears to be running an obvious pyramid fraud, but mysteriously, a full criminal investigation has never yet been completed and a full criminal prosecution has never yet been brought.
The landmark judgement was given on July 19th 2007 against ‘Amway India Enterprises’ by Chief Justice G.S. Singhvi, and Justice C.V. Nagarjuna Reddy, of the High Court of Judicature, Andhra Pradesh, Hyderabad.
In 2006, the Criminal Investigations Dept. of the
Within three days of the registration of this complaint, aggressive lawyers acting for ‘Amway India Enterprises’ issued two malicious writs against the Hyderabad CID.
Ironically, it was ‘Amway
Furthermore, the judges in Andhra Pradesh had also begun to discover that, as part of a pattern of ongoing, major racketeering activity (that now stretches back at least 50 years), in June 1994, representatives of the ‘Amway’ organization approached the Indian Ministry of Industry (Dept. of Industrial Development) bearing gifts. By steadfastly pretending affinity with officials (who, naturally, wanted to believe that all external investment creates employment), the ‘Amway’ crime families initially sought an agreement (renewable biannually) which simply paved the way for the creation a privately-controlled, unlimited-liability, commercial company, ‘Amway
Consequently, without any informed scrutiny, officials at the Indian Ministry of Industry, Secretariat for Industrial Approval (Foreign Collaborations II Section) rubber-stamped the application for the proposed company (within less than two months) on
However, it lay dormant until