ED Attaches Assets Worth Rs 757 Crore Of Amway India Under PMLA

The Enforcement Directorate (ED) attached assets worth over Rs 757 crore of multi-level marketing (MLM) scheme promoting company, Amway India, on April 18. The money has been attached under the Prevention of Money Laundering Act. Furthermore, the assets include land, factory building, plant and machinery, vehicles, bank accounts, and fixed deposits in Tamil Nadu. The ED accused the company of running MLM scam and selling over-priced products.