Worse Than Madoff: Amway Launches Domestic Revival
…And most of its recent growth, in such developing Asian markets as China, India, and Russia, has been under the Amway name.” Despite hiring marketing executives to help revitalize the relaunch—and despite the fact that an FTC examination into Amway’s business practices concluded in 1979 that it was not an illegal pyramid scheme (because compensation is based on retail sales to consumers, and because salespeople are not paid for recruiting new col…
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