China busts 1st illegal pyramid selling case involving foreigners
(Xinhua)
Updated: 2006-05-09 17:06
China has smashed its first illegal pyramid selling network organized by
foreigners, confiscating and freezing over 13 million yuan (1.6 million U.S.
dollars), said the Ministry of Public Security in Beijing Tuesday.
According to a statement from the ministry, the pyramid scheme involving over
1,800 people were organized by people from the Republic of Korea under the name
of selling cosmetics and keep-fit underwear in East China's coast city of
Qingdao.
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