ED attaches assets worth over Rs 757 cr of Amway India

The Enforcement Directorate (ED) has attached assets worth over Rs 757 crore of one of the country's most known multi-level marketing (MLM) and direct-selling companies, Amway India, as part of a......

Beware of Ponzi, MLM schemes!

An investment scheme collects money from the investors and invests it in assets that generate some amount of return. This return is then passed back to the investors after deducting for expenses......

Multi-level marketing firms under scanner

The Ministry of Corporate Affairs has initiated a probe into the activities of all multi-level marketing companies registered abroad but with business operations in India.A preliminary report on......

The biggest financial scams of pyramid schemes

All discussions on retail investment products are focused on insurance, various mutual schemes, stocks and fixed income products. How naive. Well, the big (untold) story of retail financial......