"We expect potato prices to drop starting tomorrow", say authorities
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The Enforcement Directorate (ED) has submitted a charge sheet against Amway India Enterprise Pvt Ltd, a prominent direct marketing company with 5.5 lakh direct sellers nationwide. The ED alleges that Amway engaged in a money laundering scheme, generating proceeds of crime amounting to ₹4,050 crore.
The investigation, initiated in 2011 based on FIRs filed by the Telangana police, accuses Amway of promoting an illegal 'money circulation scheme' under the guise of selling goods, enticing individuals with high commissions and incentives through member enrollment.
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