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Amway this morning announced a deal to pay $34 million in cash and provide $22 million worth of products to settle a 2007 class-action suit alleging the company and some of its top-level distributors operate an illegal pyramid scheme.
The suit alleged the company used unfair and illegal business practices that mislead distributors about their ability to make money and how much it would cost to be part of the business.
In their letter to employees, DeVos and Van Andel said Amway has addressed many of the concerns raised by those who filed the case and others who have criticized the business as being heavily weighted toward finding new recruits and sales of "tools" or "business support materials" such as motivational tapes, books and seminars.
originally posted by: Klassified
a reply to: Teye22
I did the Amway thing for quite some time, many years ago. I got to know a lot of people, from the bottom to the emeralds and diamonds. Yes, money can be made selling Amway products.