Amway siphoned off ₹2,859 cr collected from members: ED
Amway is running a pyramid fraud in the guise of direct selling multi-level marketing networks, says ED.
amway india
November 2023
April 2022
Amway counters ED's fraud charge, says new direct selling rules bring clarity
ED has provisionally attached immovable and movable properties worth ₹411.83 crore and bank balances of ₹345.94 crore from accounts belonging to Amway.
ED attaches Amway India assets worth ₹757 crore
Amway is running a pyramid fraud in the guise of direct selling multi-level marketing network, says the probe agency.
