|'Income Opportunity' racketeer, William Pinckney, arrested for fraud.|
As a result of his thoughtless, and dangerous, statements in defence of the 'Amway' racket, Corporate Frauds Watch has served a legal notice on the Indian Corporate Affairs Minister, Sachin Pilot.
If these proceedings ever come to court, there are several questions which I personally want to put to Sachin Pilot:
- Why have you not called for the establishment a common-sense definition of:
1). an authentic direct selling company -
i.e. a corporate structure which can produce quantifiable evidence that the bulk of its declared 'annual sales revenue' has always derived lawfully via sales agents having regularly retailed goods, and/or services, to the general public for a profit, based on value and demand?
2). a fake direct selling company -
i.e. a corporate structure which has deliberately hidden the quantifiable evidence that the bulk of its declared 'annual sales revenue' has always derived unlawfully via a never-ending chain of losing de facto slave recruiters regularly handing over their money in return for effectively-unsaleable goods, and/or services, based on the false-expectation of future reward?
- Are you seriously recommending that Indian citizens should hand over their money each month to demonstrably fake direct sales companies like 'Amway,' and to try to recruit everyone whom they know to do the same, as a viable means of generating extra income?
- What would be your reaction if you witnessed that a member of your own family, or a close friend, had begun to hand over his/her money to 'Amway' each month, and was trying to recruit everyone whom he/she knows to do the same, under the dangerous self-perpetuating delusion that this is 'a proven plan to achieve total financial freedom?'
David Brear (copyright 2013)