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April 11, 2003
Watchdog group reveals some OLD news about Amway
By QBlog in
According to this brief about Amway from MotherJones.com the company settled a large lawsuit with the Canadian government in 1989.
In Canada Amway spent a whopping $38.1 million to settle a 1989 suit by the government claiming that the company undervalued merchandise to escape customs duties. This came on top of a $25 million fine by the province of Ontario when Amway pleaded guilty to criminal fraud in 1983.
There is a saying where I live, "if you haven't read it, it's still news" and I guess that's true. This is really old news but I did not know about it so I found it modestly interesting. Even more interesting is the fact that Amway (now Quixtar) still operates in Canada, is still successful and hasn't been sued by the government since then. So whatever happened, apparently they learned the lesson and are staying out of trouble with the Canadian government.