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We are the country’s leading FMCG Company in Amway. Today, the ED or the Enforcement Directorate seized assets worth Rs 758 crore. ED Evely has taken action in the money laundering case. ED said the price of the product the company was selling was much higher than the market price. The purpose of the company was to make sure that only the agent could get rich. But the company did not pay much attention to the product.
The company is involved in a variety of scams through marketing, ED said. We have seized factories, machines, vehicles, bank accounts and fixed deposits in Dindigul district of Tamil Nadu. Earlier, it had seized Rs 345.94 crore from 36 bank accounts linked to the company, as well as Rs 411.83 crore in fixed and immovable assets. We do business in the form of chains. When a customer receives a product, it benefits many agents in the middle.
