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Everything You Need to Know About Amway Fraud

Amway, a corporation that sells items directly to clients, has been accused of operating a multi-level marketing (MLM) scam and is currently being investigated by India's Enforcement Directorate (ED). Under the Prevention of Money Laundering Act, Amway India Enterprises Pvt Ltd's assets worth Rs 757 crore have been attached (PMLA). Land, factories, machinery, bank accounts, fixed deposits, and automobiles are examples of these assets. 'A money-laundering investigation by the ED discovered that Amway is operating a pyramid scheme disguised as a direct selling multi-level marketing network,' the ED stated. THE FRAUD: Amway was using a pyramid model to promote its ....

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