Wednesday, November 18, 2009

amway: Largest consumer fraud

nov 18th, 2009

i don't know anything about this gentleman, am just forwarding his mail. however, i have always felt uneasy about amway, and have had friends who became dealers (i use the term advisedly), which didn't make them rich, but did make them friendless.

---------- Forwarded message ----------
From: Merchants of Deception <media@merchantsofdeception.com>
Date: Mon, Nov 16, 2009 at 4:16 PM
Subject: Largest consumer fraud
To: 

Dear Rajeev Srinivasan,



I am writing to you from the United States because you are a journalist. As a former high level leader I discovered one of the largest consumer frauds in history and have worked with the UK government and law enforcement in Andreh Pradesh (contact Vishwanath Sajjanar).

This fraud is sweeping India like a financial epidemic. Please see details located at:

http://www.merchantsofdeception.com/media.html

There are also many India victim testimonials located at:

http://merchantsofdeception.com/mod/wordpress/

This story can help change the lives of many good, honest people in your nation.
Thank you for your time.


Kindest Regards,


Eric Scheibeler
America's "Opportunity Fraud" Expert
570-323-8140

14 comments:

IBOFB said...

Scheibler is a former Amway rep who had disagreements with his upline, many of whom have since been kicked out of Amway for bad business practices.

He now makes a living plugging his book and trying to be hired as a self-declared "fraud expert". He has successfully convinced numerous people to launch cases against Amway claiming various misdeeds, however not a single case has ever stood up in court.

nizhal yoddha said...

that may well be true.

but when it comes to amway, my motto is "caveat emptor". it appears to me people end up just buying high priced and mediocre stuff from amway and using it themselves as their friends and family refuse at some point to buy from them.

this whole Multi Level Marketing thing is so cult-like it makes me really queasy. mind-control at work.

Inquiring Mind said...

Rajeev,

In my view, amway is a complete fraud, mostly driven through induced dreams.

In business, one has to be pragmatic.. but when a business itself runs on dreams, we may well guess its effects..

As you said, Amway, spoils relationships more than anything else. Its a best example of how cruel/ugly people become, when they were seduced by the prospects of money.

Personally, i distanced myself from few of the relatives who canvassed for amway, and saved few others from falling in to this crap.

Inquiring Mind said...

I wonder, how the government is allowing MLM business like this. Amway may not be MLM, but almost all other MLM business are naked cheating.

If we create a binary tree out of MLM, we will find that the number of persons at the leaf level, is always one more than the number of persons at the remaining higher levels.
Which amounts to that a "N" number of people, always exploit "N+1" people, no matter how big the size of the tree goes.

Tex said...

ibofb is a liar, and he just lied again. The UK almost kicked Amway out of their country, and Amway had to make several major changes to stay in the UK, most notably shutting down the tool scam. Read about the tool scam on my blog, I suggest you start here: http://tiny.cc/D5oJh and forward the information to everyone you know, so they don't get scammed.

Eric's account of the tool scam is accurate, and the tool scam is still being used by most groups, including N21, the one ibofb adores.

IBOFB said...

Caveat emptor is a reasonable policy. I've had a quite different experience to you - I've found Amway products are far from "mediocre", and the many Independent Awards and Recognitions that Amway products have won indicate that I'm not the only one. There's been some I thought are poor value, but generally I've been very pleased. I'm curious, which products did you think were "mediocre"?

Harassing friends and family, or anyone else for that matter, is not a professional way to run any business, Amway included. Multilevel Marketing has both strengths and weaknesses, one of the biggest weaknesses is that it's easy to end up with a bunch of people with little training or skill running around doing stupid things giving you a bad reputation. In recent years Amway has stepped up it's direct training quite a lot, rather than leaving it to the field, so things are improving, but in an "independent agent" model there'll always be idiots doing idiotic things. C'est la vie.

Unknown said...

Scheibler isn't too far off the mark where losing friends and money are concerned. My brother lost a fair amount of his own and his wife's savings in a short-lived Amway venture. For good measure our cousins and other relatives began finding excuses not to meet him lest they too be saddled with stuff like Rs.600 face creams. Speaking for myself, I've worked off and on with with an ex-cop who had dealt with quite a few white collar crimes and so had to tell my brother bluntly that he was a part of a pyramid scheme with he at the bottom of that pyramid, so please don't sell me your stuff. But the Amway people used to hold meetings every Sunday and he refused to believe me. He learned the hard way after losing a lot of money.

ramesh said...

anyway, thanks rajeev for putting this on ur blog. (i had some cousins / friends involved in amway / herbalife, etc. and they were quite irritating, to say the least. More like a bunch of indoctrinated fanatics)

Vijay said...

Amway is super mega fraud. And it is unfortunate it is big time in India.

While in normal jobs people are promised a salary, they slog for it and get paid, Amway promises dreams which for the vast majority remains as dreams .. they never get financial returns for their hard work .. only a few at the top are able to live off this poor deluded majority which keeps churning and churning since the population keeps increasing.

Please never ever fall into this deep bottomless bit. (only benefit is you become more experinced and learn training skill!)

nizhal yoddha said...

i had personal experience with an anway evangelist: a housemate who was an amway person. she used to hector the rest of us to use amway detergents and other household chemicals, and she consumed their food supplements. i thought the household products were mediocre if not downright inferior and also overpriced. after a while we vetoed her and went back to buying things from the grocery store. she was sporting about it, good of her. she ended up with unsold inventory. poor thing, she had a history of trying out various schemes; i remember she used to listen to tapes from sales gurus like zig ziglar. she never did very well at any of these schemes. we sort of felt bad for her.

Shahryar said...

Since the innumerate (aka mathematically-challenged) idiots who sign up with Amway have the fallback option to consume their inventory, I refuse to buy anything from an Amway rep however good a friend that person is!

(I have had acquaintances trying to persuade me to support their young idiot nephews with their "business venture" selling Amway crap.)

quixtarisacult said...

Amway is indeed a 'scam' company out to fleece whomever is willing to believe the 'reality inverting myths' about financial freedom in the 2 to 5 year plan. (Seems like the soviet leaders were always describing their initiatives toward financial freedom as '5 year plans' as well. Neither the Soviets nor Amway actually achieved their goals, and nearly 100 percent of those following Amway's 5 year plan all fail as well.)

This blog has been visited by two well known Amway apologists: IBOFB (David Steadson) and 'Textarded.' These ignoramouses both advocate Amway as if it represented the greatest opportunity in the world. What they really are representing is their 'intent to defraud' others to join into the Amway 'closed market swindle' which in the end leaves those believing Amway's 'land of will' dreams destitute. People joining Amway are taught to pay and pay and pay. What they in the end get is 'insane' training 'tools' and generic, badly overpriced goods to self consume. (These goods are merely props in a 'advanced fee swindle' much like the one ran by Jim and Tammy Faye Bakker.)

Anyone investigating the Amway Opportunity should examine the long and sordid history of others who have been taken by Amway over the past half century before deciding to join. Amway has left in its U.S. homeland, a wake of victims of the Amway 'financial holocuast.' Now, Amway is taking their 'proven' business plan to the rest of the world. Word to the wise. Don't join!

nizhal yoddha said...

tex didn't support anway here although ibobfb did.

Joecool said...

For every successful IBO in Amway, there are likely hundreds if not thousands who aren't. The compensation is set up that way and participation in the tools system nearly guarantees that an IBO will end up with a net loss of income and time.

Seems for most, the only way to succeed in Amway is to be deceitful and/or to outright lie. Isn't that right IBOFB?