花辨直播官方版_花辨直播平台官方app下载_花辨直播免费版app下载

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
China
Home / China / Society

China starts 3-month campaign against pyramid schemes

Xinhua | Updated: 2017-08-15 17:31

BEIJING -- China will start a three-month crackdown on pyramid selling following the death of a university graduate who fell prey to a pyramid scheme.

From Tuesday, pyramid organizations disguised as recruitment agencies will be the main target, according to a notice released by four government agencies, including the State Administration for Industry & Commerce and the Ministry of Public Security.

The move came following the death of Li Wenxing, a 23-year-old university graduate who got involved in a pyramid scheme through an online recruitment site and was found drowned in Tianjin, sparking nationwide rage against pyramid sellers.

Pyramid schemes expanded widely through social networks in recent years. Police investigated 2,826 cases in 2016, 19.1 percent more than that in 2015.

From 2005 to 2015, 21,904 pyramid schemes were investigated and 990 million yuan ($148 million) recovered.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US