Latest News
 
  AMWAY Violated Kerala govt guidelines!!






  Kochi:The Crime Branch (Economic Offences), Kozhikode, team, which is spearheading the drive against multi-level marketing companies in the State,raided amway offices and godowns in Thrissur, Kozhikode, and Kannur and arrested area manager of Amway in the State P.M. Rajkumar.Police has produced him before the Judicial First Class Magistrate, Thamarassery,and remanded in judicial custody for 14 days.

The investigating team led by P.A. Valsan, Superintendent of Police, Crime Branch (EO), Kozhikode, decided to arraign the Delhi-based couple Sharadul Suresh Shroff and Pallavi Suresh Shroff, both directors of Amway, as accused in the case. The drive was triggered by a complaint filed by Vishalakshi, a tailor in Kozhikode. It is expected that more complaints would be registered, leading to more arrests.

It is learnt that Rajkumar maintained the company’s official line that it was doing legal business within the guidelines approved by the State government in 2011 for direct selling companies. However, the investigating team is charging that the company making it mandatory for its distributors to purchase products to get returns out of investment amounted to violation of the guidelines.


Share on Google+
 
  Posted On: Nov 13, 2012

  How to buy Ripple in India
  Bitconnect shuts exchange-Bitconnectx coin ico launched
  Direct selling industry may reach Rs 15,930 crore by 2021
  Only 20% Bitcoins Left To Be Mined!!!
  How to buy Bitcoins in India
  Pluto Launches Crypto App
  Ormeus Global -New crypto to watch
  What is ICOs in Cryptoworld
  GST may apply on Bitcoin trade in india
  Kashh Coin Scam
Prev   Next

 
 
 
 
 
 
 
 
Copyright © 2017 MLM CLUE. All rights reserved.