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Explained: The case against Amway

Then Amway India chairman & CEO William S Pinckney, arrested by Kerala police in 2013 and taken into custody by Andhra Pradesh CID in 2014. (PTI/file) The Enforcement Directorate (ED) on Monday provisionally attached assets worth Rs 757.77 crore belonging to M/s Amway India Enterprises Private Limited in connection with a money laundering case. The direct selling company, whose parent company is based in the US, is accused of running a multi-level marketing (MLM) scam. The attached properties include land and a factory building at Dindigul District, Tamil Nadu, plant and machinery, vehicles, bank accounts and fixed deposits. Immovable […]

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