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Amway India property attachment: 'Families were being torn apart, people sold properties to invest in MLM companies and lost all'

April 24, 2022 10:13 am

As the ED turns the heat on MLM company Amway, meet V C Sajjanar, the Telangana IPS officer who first went after such schemes and firms more than 15 years ago.

Explained: The case against Amway

April 20, 2022 2:14 pm

The ED has provisionally attached assets of the company, accused of running a pyramid fraud in the guise of a multi-level marketing network. How do pyramid and MLM schemes work? What is the alleged fraud?

ED provisionally attaches assets worth Rs 757.77 crore belonging to Amway India

April 18, 2022 8:02 pm

ED had provisionally attached immovable and movable properties worth Rs 411.83 crore and bank balances of Rs 345.94 crore from 36 different accounts belonging to Amway.

Amway India partners with the Ministry of Skill Development

July 15, 2018 9:03 pm

"Our association with the Ministry of Skill Development and Entrepreneurship is aimed at empowering our direct sellers with government recognised certification in line with Amways vision," said Anshu Budhraja, CEO, Amway India.

A grey area called direct selling

June 09, 2014 12:10 am

It makes no distinction for the multilevel marketing model used by direct sellers, who have been pressing for an amendment.

Another arrest for Amway India CEO in Andhra Pradesh

June 01, 2014 1:48 am

Pinckney had been earlier arrested by Kurnool and Khammam police in the state in similar cases.

Amway India CEO William S Pinckney arrested

May 27, 2014 12:32 pm

William S Pinckney, CEO of Amway India was today placed under arrest by AP police

Weeks after William S Pinckney's arrest,Amway India invests Rs 400 cr,to create 475 jobs

June 12, 2013 7:01 pm

Amway acquired land after signing an MoU with Tamil Nadu; facility to create 475 jobs.

'No proof against arrested Amway bosses'

June 01, 2013 3:04 am

It would be difficult to prove the case against the Amway top brass.

Amway India officials get bail,India Inc condemns action

May 29, 2013 3:56 am

Amway Indias CEO Williams S Pinckney and its two directors were granted bail by the chief judicial magistrate court at Kalpetta in North Keralas Wayanad district,a day after they were remanded to 10 days judicial custody.