Avon Products Reaches $135 Million Accord To Resolve Bribery Charges – ValueWalk Premium
Avon Products

Avon Products Reaches $135 Million Accord To Resolve Bribery Charges

Avon Products, Inc.’s China unit pleaded guilty Wednesday in connection with a bribery scheme and the firm agreed to pay $135 million to resolve related civil and criminal charges, in an announcement which likely will resonate among MLM watchers.

The global beauty products manufacturer and seller pleaded guilty to conspiring to violate the Foreign Corrupt Practices Act by bribing officials in China.

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