Pyramid Schemes
Shocking Admissions
Shocking Admission from
Team CEO to Qixtar CEO
In a letter From: Orren Woodard (TEAM co-CEO)
To: Rich DeVos (Founder of Amway/Qixtar)
Woodward writes:
"The most shocking piece of data is the number of people who have achieved a Founders Emerald or above since the founding of Quixtar. Approximately 1 out of 100,000 have achieved it. Further, according to Quixtar, the average Emerald makes only $ 80,000 per yr (that's before expenses, taxes etc. are taken out). Who would be excited about an opportunity like this?" (see pg 168 of Link)
Knowing this, then why defraud people by
bringing them into the business, Orren?
co-CEO Orren Woodward
See resignation letter
Board Member Chuck Goetschel Speaks ... and confirms what Orren Woodard states above: "Currently, out of 10,000 people that register in this business, only 833 will remain after three years. That is, 91.6% of people will be gone within 36 months of registering. From 1999-2000, 600,000 English speaking people "as a first language" registered in the business in North America. By end of 2005, of those registered business owners, only six have achieved the Founders Emerald level (in 2005, the average income was less than $90,000/year) or above. That is, 1/100,000 achieved an income of $90,000/year or more. Nearly 50 years of community building for Amway/Quixtar and the qualified Diamonds in North America fit in one ballroom with tables. These are the facts. Perhaps, you relate to them. How’s it working for you?
In addition to these horrifying statistics, the business is riddled with litigation including very significant court cases threatening the very existence of the company in the US, England and India. The core issue in these cases is the same core issue behind the current failure of the business - over-priced products. Everything stems from this root problem. A very unfortunate domino effect resulted in one negative thing leading to the next till now we find ourselves in the current situation."
Knowing this, then why did people like Jerry Harteis encourage people into the business?
Doesn't the fact that the there are lawsuits being filed represent a material fact for someone getting into the business?
Isn't witholding this info a fraudulent act?
The answer is YES!
Fraud = Intentional misrepresentation for monetary gain.
IBO's concede defeat
1) Change the name back to AMWAY (this will clear out the majority of the U.S. IBO's!)
2)Terminate and malign well known and beloved leaders
3)Deem the IBOAI Board powerless (that represents the voices in the field!)
4)Publicly refer to IBO's as "property"
5)Refuse to pay bonuses to IBO's in good standing (and claim the bonuses are "discretionary")
6)Post the following on the Alticor official blog "Just Go, Team!"
7)Ok...you finish the list...my fingers are getting tired, and I know I could easily take this list of moronic moves (or maybe well thought out plans to rid the company of IBO's) up to about 100!!"
Below is a cross-section of statements taken from the affidavits written by IBOs across the nation regarding Quixtar’s questionable business practices. This is posted prominently on TEAM's web site (www.freetheibo.com). What's amazing here is that these are members of TEAM criticizing their own business for how impossible it is, how illegal it is etc... The obvious question becomes... then why peddle this illegal, raunchy business to friends and family ad infinitum? How ethical is this?
-- “Buying edible or non-edible items for a price that is above what a brick and mortar store sells them for, is in my opinion, like throwing your money away.” ( Virginia )
-- “I have been unable to resell any product to non-IBOs, thus forced to consume my purchases. I am also [in the top sales performers], and this is incredible.” ( Michigan )
-- “Quixtar has NEVER asked me for any customer receipts in almost four years. What kind of integrity is that?” (Ohio ) NOTE: Quixtar is obligated to do so by law
-- “I believe Quixtar takes advantage of our loyalty to the business to stuff their pockets.” ( Ohio )
-- “I foresee continued ignorance to the real issue and a continued struggle for the IBO who just wants to build their business in a legal, moral and ethical way.” ( California )
-- “Quixtar has a bad reputation in the consumer community, and I am beginning to see why. They are dishonest and unethical, and I cannot and will not be a business associate with them if they continue these practices.” ( Ohio )
-- “Legally, I find Quixtar to be loose and pyramid-like, especially when I see so many of the rules and regulations being fudged.” ( Michigan )
Below is listed another anti Quixtar/Amway rant from another disgruntled TEAM member (see Link) The question of course becomes:
How long did you feel this way and why did you keep dragging people into the business?
The rant from the blog is as follows:
"What are the top 3 things you would do (in the U.S. market) if you were Amquix and wanted to get rid of your IBO sales force and start selling directly to the public from the store shelves? I'll get you started with some ideas:
1) Change the name back to AMWAY (this will clear out the majority of the U.S. IBO's!)
2)Terminate and malign well known and beloved leaders
3)Deem the IBOAI Board powerless (that represents the voices in the field!)
4)Publicly refer to IBO's as "property"
5)Refuse to pay bonuses to IBO's in good standing (and claim the bonuses are "discretionary")
6)Post the following on the Alticor official blog "Just Go, Team!"
7)Ok...you finish the list...my fingers are getting tired, and I know I could easily take this list of moronic moves (or maybe well thought out plans to rid the company of IBO's) up to about 100!!"
