Following the crackdown of Kerala police on Amway India Enterprises top executives, Andhra Pradesh police on Tuesday cautioned the public against participating or joining the company schemes or "any of its kind as the business is illegal."
Pointing out that the state government had issued an order (GO Ms No 178) banning even advertisements of Amway products, the police said the company had been promoting its products "through money circulation by conducting membership drive, cheating the public by luring and enticing them with incentives and commissions." The state high court as well as the Supreme Court have upheld the order, T Krishna Prasad, additional director general of police, CID, stated in a press release.
According to Prasad, the activities of Amway are covered under money circulation and "are in clear violation of the Prize Chits and Money Circulation Schemes (Banning) Act, 1978." There are several cases already registered in the state against the company. Amway India managing director, William Pinkney, is also one of the accused in a case and is attending the court of Chief Metropolitan Magistrate here in this connection.
Pointing out that the state government had issued an order (GO Ms No 178) banning even advertisements of Amway products, the police said the company had been promoting its products "through money circulation by conducting membership drive, cheating the public by luring and enticing them with incentives and commissions." The state high court as well as the Supreme Court have upheld the order, T Krishna Prasad, additional director general of police, CID, stated in a press release.
According to Prasad, the activities of Amway are covered under money circulation and "are in clear violation of the Prize Chits and Money Circulation Schemes (Banning) Act, 1978." There are several cases already registered in the state against the company. Amway India managing director, William Pinkney, is also one of the accused in a case and is attending the court of Chief Metropolitan Magistrate here in this connection.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%