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China's Pyramid-Scheme Crackdown Sends Herbalife Shares Falling – Wall Street Journal (subscription)

China's Pyramid-Scheme Crackdown Sends Herbalife Shares Falling – Wall Street Journal (subscription)


Wall Street Journal (subscription)
China’s PyramidScheme Crackdown Sends Herbalife Shares Falling
Wall Street Journal (subscription)
HONG KONG—A Chinese crackdown on pyramid schemes has reopened an old debate about U.S. multilevel marketing firms like Herbalife Ltd., which conduct a significant amount of business there. Chinese regulators said they are embarking this week on a …

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China cracks down on pyramid scheme "epidemic" – GoKunming (blog)

China cracks down on pyramid scheme "epidemic" – GoKunming (blog)


GoKunming (blog)
China cracks down on pyramid scheme “epidemic”
GoKunming (blog)
The headlines have been loud and slightly hysterical recently. The cover story of popular magazine Caixin features the gaping jaws of a great white and the words “Man Eaters” (吃人). It turns out this sort of hyperbole is not about imminent shark

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Shares in Herbalife, Nu Skin tumble as China cracks down on pyramid schemes – Reuters

Shares in Herbalife, Nu Skin tumble as China cracks down on pyramid schemes – Reuters


Reuters
Shares in Herbalife, Nu Skin tumble as China cracks down on pyramid schemes
Reuters
The SAIC’s crackdown comes shortly after the country experienced an outpouring of anger online towards pyramid schemes following the death of a young Chinese university graduate who fell victim to such a scheme on a job-seeking website. Operators of …
Herbalife, Nu Skin Shares Plunge Over Fears of Chinese …Bloomberg

all 10 news articles »

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Canada's aerospace industry is a giant pyramid scheme – Canada Free Press

Canada's aerospace industry is a giant pyramid scheme – Canada Free Press

Canada’s aerospace industry is a giant pyramid scheme
Canada Free Press
While there’s nothing objectionable about governments funding a public good like education, it’s notable that the industry partner in question here is aerospace—an industry that seems to perpetually receive a disproportionate amount of politicians

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Chinese police detain four more pyramid scheme members – Xinhua … – Xinhua

Chinese police detain four more pyramid scheme members – Xinhua … – Xinhua

Chinese police detain four more pyramid scheme members – Xinhua …
Xinhua
HAIKOU, Aug. 14 (Xinhua) — Four key members of Shanxinhui, a company suspected of organizing and leading a pyramid scheme, have been detained by …

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Chinese police detain four more pyramid scheme members – Xinhua

Chinese police detain four more pyramid scheme members – Xinhua

Chinese police detain four more pyramid scheme members
Xinhua
HAIKOU, Aug. 14 (Xinhua) — Four key members of Shanxinhui, a company suspected of organizing and leading a pyramid scheme, have been detained by police in south China’s Hainan Province. According to Hainan police on Monday, Shanxinhui allegedly …

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Victims of pyramid scheme demand their money back – Stuff.co.nz

Victims of pyramid scheme demand their money back – Stuff.co.nz


Stuff.co.nz
Victims of pyramid scheme demand their money back
Stuff.co.nz
Women who lost thousands of dollars to illegal pyramid schemes promising enlightenment and sisterhood are demanding their money back. As the truth about the gifting circles becomes known, those who have been involved are speaking out despite being …

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The aerospace industry in Canada resembles a giant pyramid scheme – Toronto Sun

The aerospace industry in Canada resembles a giant pyramid scheme – Toronto Sun


Toronto Sun
The aerospace industry in Canada resembles a giant pyramid scheme
Toronto Sun
Recently, federal Innovation Minister Navdeep Bains announced $10 million in funding for the Centre for Aerospace Technology and Training (CATT) located in Winnipeg. CATT describes itself as “a perfect example of a partnership between industry and …

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Arrest over alleged Bt4-billion pyramid scheme – The Nation – The Nation

Arrest over alleged Bt4-billion pyramid scheme – The Nation – The Nation


The Nation
Arrest over alleged Bt4-billion pyramid scheme – The Nation
The Nation
A businessman who allegedly deceived more than 40000 people to invest over Bt4 billion with promises of weekly high yields has been arrested.

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Arrest over alleged Bt4-billion pyramid scheme – The Nation

Arrest over alleged Bt4-billion pyramid scheme – The Nation


The Nation
Arrest over alleged Bt4-billion pyramid scheme
The Nation
A businessman who allegedly deceived more than 40,000 people to invest over Bt4 billion with promises of weekly high yields has been arrested. Phudit Kittitharadilok, managing director of The System Plug and Play Co Ltd and Innovision Holding Co Ltd, …

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