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Amway India's assets worth ₹758 crore attached by ED over pyramid fraud
short by Pragya Swastik / on Monday, 18 April, 2022
The Enforcement Directorate (ED) has attached assets worth ₹757.77 crore belonging to Amway India Enterprises Private Limited. According to ED, the firm was running a pyramid fraud in the guise of direct selling multi-level marketing networks. Amway India said, "The action is with regards to the investigation dating back to 2011 and since then we've been cooperating with the department."
read more at Hindustan Times