|Type of Business:||Multi-Level Marketing Scam|
|Skill Level Needed:||N/A|
Amway Scam Review
by David Harris
“Amway” by Rich DeVos and Jay Van Andel, found at amway.com, is the mother of all mlm’s – which is one way of putting it. Amway has been around longer than any other multi-level marketing business opportunity both on and offline, and they will most likely outlast them all despite their horrible past and present notorious reputation.
All those people who have been stuck with garages full of crumbling Amway products may grudgingly agree with this. Ironically, Amway’s products are all made in China, yet they’ve been banned from doing business in China and other countries including India and parts of Europe.
Some of the troubles Amway has brought on itself include a few lawsuits including the one in which Procter and Gamble got a settlement of $19.25 million in the 1990s due to distributors who spread rumors that the P&G CEO practiced Satanism and placed Satanic symbols on their products’ logos.
Amway also settled for $45 million Canadian dollars with Canada on charges of tax evasion and customs fraud, and in 2010 they settled a class action lawsuit against them on charges of wire fraud, mail fraud, and being a pyramid scheme. The settlement was for $150 million dollars. These are just a few of Amway’s many legal problems worth mentioning.
However, I’m sure you want to know if this is a business opportunity you should get involved in. The answer is a definite no. For one, the tactics they use are along the same lines as brainwashing and the atmosphere in the meetings can be described as cultish.
They talk up a storm about how rich you will become through “direct selling”, and encourage you, as a salesperson, to buy thousands of dollars of overpriced products and ineffective “success tools” and then persuade you to recruit others to do the same in an endless chain scheme that can only end in near, if not total, financial ruin.
Normally, we don’t recommend MLM as a business venture, as 99% who try it fail. However, due to the many fraud and ethics issues Amway has, there is no choice but to call it a scam. Not to mention that there is never a good financial outcome for you. Stay away from this train wreck as far as humanly possible.
I do not recommend “Amway”.
Thanks for reading…
TagsAmway amway.com www.amway.com Nutrilite Rich DeVos and Jay Van Andel Rich DeVos Alticor Inc. Alticor Direct Selling MLM Multi-Level Network Marketing Multi-Level Marketing scam
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