The so-called 'Indian Direct Selling Association' is part of a racket.

http://articles.economictimes.indiatimes.com/2013-08-07/news/41168043_1_direct-selling-industry-idsa-amway-india

'MLM Income Opportunity' racketeer, William Pinckney, arrested for fraud.

Faced with the very real prospect that the senior corporate officers of 'Amway India' might soon be sent to prison for operating a dissimulated pyramid scheme, the so-called 'Indian Direct Selling Association (IDSA)' has lately succeeded in planting its reality-inverting propaganda in 'The Economic Times of India.' 

This begs the question:

How is it possible that the journalists, and their editors, at 'The Economic Times of India' can be so devoid of common-sense as to print the absurd 'Utopian Multi-Level Marketing' fairy story without any challenge to its authenticity?

I look forward to the day when, if approached by any more 'IDSA' tale-tellers, Indian financial journalists, and their editors, will make it perfectly clear that, based on their knowledge of the fundamental characteristic which identifies: Ponzi schemes, pyramid scams, money circulation games, chain letters, etc.  - namely, that all these frauds have no sustainable, or significant, source of revenue other than their own contributing participants - any so-called 'MLM Direct Selling Income Opportunity' in which the overwhelming majority of its declared annual revenue has not been derived from authentic retail sales of goods, and/or services, to members of the general public (based on value and demand), but rather from the participants' losing investment payments (based on the false expectation of future reward) laundered as 'direct sales to customers and end users,' is a dissimulated closed-market founded on the crackpot pseudo-economic theory that endless-chain recruitment  + endless payments by the recruits = endless profits for the recruits, and is, therefore, fraudulent. 

Bernard Madoff peddled ill-informed victims infinite shares of their own finite money.

Charles Ponzi peddled ill-informed victims infinite shares of their own finite money.

Consequently, unless the corporate officers of the so-called 'IDSA' can produce solid independent evidence that their members' so-called 'MLM direct selling income opportunities' really have had a significant, and sustainable, source of external revenue, no honest observer would be able to arrive at any other logical conclusion other than the individuals behind these legally-registered corporate structures are economic alchemists who, just like Charles Ponzi and Bernie Madoff, have been secretly peddling ill-informed people infinite shares of their own finite money.

With an irony that is close to exquisite, according to the latest fraudulent 'ISDA' propaganda, 'Direct Selling' is expected to grow by 15% in India over the next 2 years, whilst the corporate officers of the 'IDSA,' and those of its 18 members ('Amway', Herbalife,' etc.), are all dedicated to removing any fraudulent practises from their industry. Tellingly, the same sanctimonious gang of thieves have admitted (albeit indirectly) to be attempting to have their clandestine activities effectively placed above the criminal law in India.  The de facto agents of US-based racketeers have infiltrated the democratic process in various Indian States and tried to introduce their bosses effectively-meaningless definition of 'direct selling' into proposed guidelines, ostensibly designed to prevent pyramid fraud.  Thus, by the deliberate introduction of vague terminology, the proposed 'Direct Selling ' guidelines make no common-sense distinction between lawful authentic retail sales to members of the general public (based on value and demand),  and unlawful investment payments (based on the false expectation of future reward), laundered as 'lawful sales to customers and end users.'

For decades, the bosses of ongoing major organized crime groups like 'Amway' have used a significant portion of their ill-gotten gains to finance what have been laughably referred to as 'Direct Selling Associations' all around the globe. In reality, these legally-registered corporate structures' main function has been to prevent, and/or divert, investigation of serious fraud and isolate the beneficiaries from liability. When the wider-picture is examined, the so-called 'DSAs' have had precious little to do with lawful direct selling. This parallel labyrinth of centrally-controlled corporate structures has been obstructing justice since the 1960s. As such, the US-based so-called 'World Federation of Direct Selling Associations' clearly forms part of an overall pattern of ongoing, major, racketeering activity (as defined by the US federal Racketeer influenced and Corrupt Organizations Act, 1970). 


David Brear (copyright 2013)