Amway India CEO Arrested

by HindustanTimes

Thiruvananthapuram, May 27 — The Kerala police on Monday arrested Amway India managing director and CEO William S Pinckney, a US national, and two directors of the multilevel direct selling giant for alleged money laundering and breach of trust.

The three top officials of the fast-moving consumer goods company were arrested from Kozhikode in north Kerala after their appearance before a court. The police arrested them in connection with three different cases filed in neighbouring Wayanad district.

“The chief executive officer and two other officials, Anshu Budhraja and Sanjay Malhotra, were arrested by the Wayanad police on charges of money-chain activity and laundering. They were taken to Wayanad and will be produced in court on Tuesday,” said CA Walson, superintendent of police of the state economic offences wing.

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