
Amway India, one of the country’s renowned multi-level marketing company on Monday had its assets worth ₹757 crore attached by the Enforcement Directorate in a money laundering case. The central agency accused the company of running a pyramid fraud in the guise of a direct-selling multi-level marketing network.
Why ED attached Amway India’s assets worth crores? Things to know about the case
ED attaches ₹757.77 cr worth of assets owned by Amway India
Pyramid fraud: ED attaches assets worth Rs 757 cr of Amway India
ED provisionally attaches assets worth Rs 757.77 crore belonging to Amway India
‘Pyramid fraud’: ED attaches assets worth Rs 757 crore of Amway India