The Enforcement Directorate (ED) said on Monday it has filed a prosecution complaint under the Prevention of Money Laundering Act, 2002 (PMLA) against direct selling firm Amway India
India News: The Enforcement Directorate has accused Amway India of running a multi-level marketing operation and siphoning off over Rs 2,859 crore. The agency cla
Amway: The company was promoting an "illegal money circulation scheme under the guise of sale of goods" and "cheating the general public by promising them very high commissions/incentives through simple enrolment of new members and by claiming that these commissions/incentives would continue in perpetuity", ED said.