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ED attaches assets of Amway worth Rs 757 77 crore in MLM scam

The new members are not buying the products to use them, but to become rich by becoming members as showcased by the upline members. Reality is that the commissions received by the upline members contribute enormously in hike of prices of the products.

What is pyramid fraud in which ED has attached assets of Amway India worth over Rs 757 cr

What is pyramid fraud in which ED has attached assets of Amway India worth over Rs 757 cr - ED s investigation revealed that Amway is running a pyramid fraud in the guise of direct selling multi-level marketing (MLM) network.

ED attaches assets worth Rs 755 77 crore belonging to Amway India

The Enforcement Directorate (ED) today said it had provisionally attached assets worth Rs 757.77 crore belonging to Amway India Enterprises Private Limited, a company accused of running a multi-level marketing scam.

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