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Kerala cops defend Amway CEO arrest

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BS Reporter Chennai/ Kochi
Last Updated : Jun 05 2013 | 9:02 PM IST
The Kerala police has defended the arrest of William S Pinckney, managing director and CEO of Amway India, and said the arrest was strictly in accordance with the law.

The police in its report to the additional director general of police- North Zone, stated the crime branch had not committed any mistake by arresting the CEO.

The report also stated the business of Amway was a clear case of money multiplying, popularly known as money chain business, and is a fraudulent activity under the laws of business.

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In the past, on consideration of these violations, the economic offences wing of the crime branch had served summons to Pinckney. However, this time, guided by the petitions filed by three former Amway distributors charging its business model prompted the CEO's arrest by the Wayanad police.

The report comes in the wake of Kerala's latest GO to inquire about the circumstances that led to the arrest. Last year, the state police had conducted raids on Amway's offices.

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First Published: Jun 05 2013 | 8:11 PM IST

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