'Pyramid fraud': ED attaches assets of Amway India

'Pyramid fraud': ED attaches assets of Amway India

IndiaTimes

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The Enforcement Directorate (ED) on Monday attched assets worth Rs 757.77 crore of Amway India Enterprises in connection with a marketing scam.The attached properties include land and factory building of Amway at Dindigul District, Tamil Nadu, Plant & Machineries, vehicles, bank accounts and fixed deposits. ED had provisionally attached immovable & movable properties worth Rs 411.83 crore and bank balances of Rs 345.94 crore from 36 different accounts belonging to Amway.

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