Amway Pyramid Scheme: ED Chargesheets Amway India; Alleges Money Laundering, Cheating | MLM
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The Enforcement Directorate (ED) has filed a chargesheet against the direct marketing firm Amway India. The agency claimed that the company generated Rs 4,050 crore by cheating its subscribers. It also said that Amway siphoned off ₹2,859 crores overseas.
Amway started the craze of multi-level marketing in India by enrolling innumerable people under its schemes. The company offered people lucrative commissions on its products while they kept adding members below them in the pyramid. ..............................................................................................
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The Enforcement Directorate (ED) has filed a chargesheet against the direct marketing firm Amway India. The agency claimed that the company generated Rs 4,050 crore by cheating its subscribers. It also said that Amway siphoned off ₹2,859 crores overseas.
Amway started the craze of multi-level marketing in India by enrolling innumerable people under its schemes. The company offered people lucrative commissions on its products while they kept adding members below them in the pyramid. ..............................................................................................
News9 is India's first fully integrated English news brand across all digital platforms. It includes a publishing platform, viz. www.news9live.com, a future-ready OTT platform, News9 Plus, and a 24-Hour video streaming service on connected TVs and all social platforms.
It's the English news brand that understands and fits perfectly into the digital-first lifestyles of our English news audiences.
► Watch us on YouTube : news9live
► Like us on Facebook : Facebook: news9live
► Follow us on Instagram : Instagram: news9live
► Follow us on Twitter : Twitter: NEWS9TWEETS
8 ماه پیش
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