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Top News In Indian Direct Selling Association Today - Breaking & Trending Today

Ponzi scheme: Pyramid scheme launches climb to highest in 5 years

India saw the highest number of multi-level-marketing pyramid schemes launched in five years in 2023, according to Strategy India, a policy, compliance and direct-selling consultancy. These schemes, based on money-circulation networks, pay existing investors with funds collected from new ones instead of profits. Many remain unchecked by taking advantage of loopholes in existing consumer protection laws. ....

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Amway, ED and India's direct-selling sector - The Economic Times

Amway, an American company that popularised direct sales at a mass level in India, has got into criminal cases related to money-laundering and running pyramid or money-circulation schemes. The Enforcement Directorate has alleged it of promoting a pyramid scheme, ET has reported. The ED has alleged that the company “was running a multi-marketing scheme and money-circulation scheme to collect money from subscribers”. ....

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Vivek Katoch gets the command of IDSA Chairman, Harish Pant Vice Chairman

Vivek Katoch gets the command of IDSA Chairman, Harish Pant Vice Chairman
tehelka.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tehelka.com Daily Mail and Mail on Sunday newspapers.

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India jumps to 11th position in the world direct selling ranking

With retail sales of USD 3.23 billion (about Rs 26,852 crore) in 2022, India has risen to the 11th spot in the ranking of major. ....

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India scales to 11th place in global direct selling ranking

India scales to 11th place in global direct selling ranking
uniindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from uniindia.com Daily Mail and Mail on Sunday newspapers.

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