Wednesday, Aug 26, 2026 Live Breaking News:
Eid-E-Milad 2026: Mumbai Traffic Police Issue Mankhurd Advisory, Restrictions and Diversions | Kriti Sanon’s Raksha Bandhan Ad Removed by Brand After Actress Defends Her Outfit | Chicago Sky Bans Enes Kanter Freedom from WNBA Home Games Following Courtside Altercation with Natasha Cloud |

Amway India's Assets Provisionally Put Under Freeze by Enforcement Directorate for Running A 'Pyramid Scam'

INDIA Team Latestly|

On April 18, the Enforcement Directorate (ED) said that assets belonging to Amway India have been attached, reported NDTV. ED said that assets worth over Rs 757 crore of the direct-selling consumer goods company have been attached under the anti-money laundering law. ED accused Amway of running a multi-level marketing scam. ED said, “A money laundering investigation by the ED revealed that Amway is running a pyramid fraud in the guise of direct selling multi-level marketing network.” Watch the video to know more.