Amway India's Assets Provisionally Put Under Freeze by Enforcement Directorate for Running A 'Pyramid Scam'

Name: Amway India's Assets Provisionally Put Under Freeze by Enforcement Directorate for Running A 'Pyramid Scam' | 📹 Watch Videos From LatestLY
Uploaded: 2022-04-19T11:51:29+05:30
Duration: 3 min 25 s

INDIA Team Latestly| Apr 19, 2022 11:51 AM IST

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On April 18, the Enforcement Directorate (ED) said that assets belonging to Amway India have been attached, reported NDTV. ED said that assets worth over Rs 757 crore of the direct-selling consumer goods company have been attached under the anti-money laundering law. ED accused Amway of running a multi-level marketing scam. ED said, “A money laundering investigation by the ED revealed that Amway is running a pyramid fraud in the guise of direct selling multi-level marketing network.” Watch the video to know more.

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Amway Amway India Amway India Fraud amway india fraud news Amway India in Money Laundering Case Amway India Marketing Scam Amway India Money Laundering Case Amway India Pyramid Scam Amway Marketing Scam Amway property seized amway scam news MLM Fraud Money laundering case Pyramid Scam Scam amway

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