Tuesday 31 March 2009

Do we need such type of fraudulent companies?

India is a great nation and the largest democracy in the world. We have great entrepreneurs and good businessmen with ethics. We don't need this type of fraudulent companies which have been sucking the blood of common people.
While companies have been lining their pockets with ill-gotten money, the common people who lost money to these fraudsters have no idea where their money is gone. They think it is their fate that they lost their money. They never suspect that the schemes introduced by these companies are deceptive. That is the tragedy.
Firms like GoldQuest, V-Can Network, Apple FMCG, ebiz.com and others were already exposed and shut shop. The companies like Amway, Herbalife, Forever Living Products are still continuing the business though the courts held that their business is against the law of the land.
How these companies are managing to continue is a million dollar question.
These fraudulent companies convince people that their business is a legal one and the people could become millionaires once they join the scheme. People fall for their smooth talk and believe them. Even if they lose in the transaction they only blame themselves.
The tactic employed by these companies is ingenious. They ask their members to identify their relatives, friends and even family members to make members of the scheme. These people never file a criminal case against their own relatives and friends. That is how these companies are escaping from the clutches of the law.
But the tragedy is people who lose in this so-called business venture, never trust their relatives and friends in future. That is how the social fabric of the society is affected.
Let us throw these fraudulent companies out of country.

2 comments:

Tex said...

The companies like Amway, Herbalife, Forever Living Products are still continuing the business though the courts held that their business is against the law of the land. ---- If this is true, it sounds like your court system is totally ineffective, and I wouldn't say that makes India a "great nation", would you?

Tex said...

If you're going to approve comments and not respond to comments, I'm gone.