tag:blogger.com,1999:blog-7762286463497378104.post7783440931057895087..comments2024-03-27T23:11:38.102+01:00Comments on 'MLM' The American Dream Made Nightmare: William S. Pinckney, boss of 'Amway India,' arrested for fraud.David Brearhttp://www.blogger.com/profile/11122471861776758998noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7762286463497378104.post-41434681166512947082013-06-12T09:27:30.252+02:002013-06-12T09:27:30.252+02:00Thanks QIAC, but your own key-role in attempting t...Thanks QIAC, but your own key-role in attempting to expose 'MLM' rackets in general, and the 'Amway/Quixtar' racket in particular, should also be recognised.<br /><br />'MLM Income Opportunity' racketeering has been America's home-grown version of the 'Nigerian Bank' scam. As you observe, this cancer has not only been allowed to eat its way into the heart of your republic, but also into the hearts of numerous countries around the globe.<br /><br />I personally do not believe that the heads of US, and other, intelligence agencies, have been so stupid as not to know exactly what has been occuring. We've got to point now, where no one in authority wants to open the multi-billion dollar 'income opportunity' can of worms. There are several leading politicians in the USA, not least Mitt Romney, who should be prosecuted under anti-racketeer legislation. <br /><br />The irony of ironies now, is that counterfeit commercial companies, shielding 'income opportunity' rackets (which were once an all-American phenomenon), are currently being legally-registered all over the globe. Some of these non-American, corporate Trojan Horses have recently been dragged into the USA.<br /><br />Have you been following my recent posts on the Austrian-based 'Lyoness' racket, instigated by Hubert Freidl? To date, aproximately 3 millions persons have been recruited into this pernicious 'Amway' copy-cat.<br /><br />'Lyoness' is part of a virulent new strain of 'income opportunity' racket. These hide behind the same old mystifying labyrinth of cororate structures and mathematics, but they use a slightly-modified, trendy 'commercial' jargon: 'cash back card', 'shopping community', etc.<br /><br />One thing is certain, had the original instigators of 'MLM' racketeering (Rehnborg, Mytinger, Caselberry, De Vos, Van Andel), been arrested and charged with fraud, back in the 1950s, the likes of Hubert Freidl would not be getting away with stealing from millions of people today. <br /><br />David Brear (copyright 2013) <br /><br /><br /><br /><br /><br /><br /><br />David Brearnoreply@blogger.comtag:blogger.com,1999:blog-7762286463497378104.post-32757047100972954582013-06-12T01:12:09.326+02:002013-06-12T01:12:09.326+02:00David:
Great post. If they had only slapped cuff...David:<br /><br />Great post. If they had only slapped cuffs on DeVos/Van Andel fifty some odd years ago? As an American Citizen, I am embarrassed that the most corrupt U.S. exports are these opportunity scams. Fifty years ago the States exported automobiles, steel, and textiles. Where it now fails in those areas it seems to triumph in exporting these fraudulent MLM schemes. Thanks Amway for giving the U.S. a black eye!<br /><br />I have much admiration for Shyam Sundar and you. Keep up the good work my friends.<br /><br />quixtarisacult quixtarisaculthttps://www.blogger.com/profile/07051645876072252255noreply@blogger.comtag:blogger.com,1999:blog-7762286463497378104.post-31419915196027285352013-06-01T13:58:37.361+02:002013-06-01T13:58:37.361+02:00David - Thank-you for your thoughtful comment.
F...David - Thank-you for your thoughtful comment. <br /><br />For readers of this Blog who have not yet had the considerable pleasure of encountering David Thornton, he is one of the few people who has always seen the self-perpetuating, criminogenic phenomenon known as 'MLM,' clearly, and who has always tried to look at the wider-picture.<br /><br />Interestingly, the 'MLM income opportunity' pandemic has not particularly infected the poor in India. It seems to have caused the most damage to the rapidly-expanding middle classes.<br /><br />The effectively-unsaleable 'MLM' wampum, which is obviously just the means of laundering unlawful investment payments, has been prohibitively-expensive for the majority of poor Indians. <br /><br />That said, various Micro-Finance institutions have already made economically-suicidal loans to the poor in India, and elsewhere, in order for them to participate in so-called 'MLM businesses.'<br /><br />Ironically, Warren Buffet (who brought Grameen Bank to Omaha where countless ill-informed Latin-American immigrants then obtained $1500 loans from it, to hand over to the 'Herbalife' mob) owns a kitsch 'MLM' company, 'The Pampered Chef.' <br /><br />To date, I have found it impossible to get any response from Warren Buffet about these serious matters. However, Mr. Buffet's executive assistant, Debra Ray, assures me that 'he has been informed.'<br /><br />David Brear (copyright 2013)David Brearnoreply@blogger.comtag:blogger.com,1999:blog-7762286463497378104.post-4996575992993576682013-06-01T08:32:55.707+02:002013-06-01T08:32:55.707+02:00I can't image why third world countries put up...I can't image why third world countries put up with this. They should be complaining to the United Nations citing the IMF report with respect to the collapse of the Country of Albania. Surely these countries would if huge western corporations routinely and deliberately released exponentially exploding pathological viruses in attractively packaged vitamins, skin care and household products in their countries.<br /><br />MLM is an exponentially, exploding economic virus that infects society with the capacity to destroy an entire economy in the same manner, with similar devastating results.<br /><br />http://www.imf.org/external/pubs/ft/fandd/2000/03/jarvis.htm<br /><br />And yes, Herbalife WILL experience the same fate if not shut down. It is mathematically inevitable!!!<br /><br />http://seekingalpha.com/article/1470331-herbalife-as-an-lbo-private-equity-target-balance-sheet-says-maybe-not?source=kizur <br /><br />David Thornton<br />CrimeBustersNow – Canada<br /><br />www.crimebustersnow.comCrimeBustersNowhttp://www.crimebustersnow.comnoreply@blogger.comtag:blogger.com,1999:blog-7762286463497378104.post-75918978454004162842013-05-30T21:06:33.248+02:002013-05-30T21:06:33.248+02:00Watch out Herbalife your next.Watch out Herbalife your next.Anonymousnoreply@blogger.com