Crackdown on pyramid selling
Watch out today's The Star news...crackdown by chinese government against pyramid schemes.
(May 11th 2006)
Crackdown on pyramid selling
Chinese authorities have uncovered more than 1 billian yuan (RM 469 million) of illegal pyramid sales in the last 12 months, it was revealed yesterday.
Figures disclosed by the Ministry of Public Security showed that 516 cases have been uncovered involving 1,147 direct selling organisations. A total of 3,408 suspects were arrested.
Gao Feng, deputy director of the Economic Crime Investigation Bureau of the ministry, said that pyrammid selling had become "a serious economic crime in China."
He added that ther had been a resurgence of the illegal activity despite the lifting of the ban on direct sales last December.
"The increase in online pyramid selling has made our task more difficult. Some criminals even use internet based servers overseas," he said.
He warned that special attention would be paid to pyramid selling on university campuses,
Direct selling is the marketing of products to consumers face-to-face, away from fixed retail locations. It is permitted in some countries with certain legal restrictions to guarantee consumer interests.
China issued a blanket ban on all varieties of direct and pyramid seling in 1998 due to widespread pyramid schemes. During the ban, door-to-door sellers were restricted to selling in retail stores.
However, the State Council issued a regulation late last year to distinguish direct selling from pyramid selling, which opened the door to legitimate direct selling companies.
The only company to have acquired a license was Avon China in February.
A pyramid sales organisation requires every member to fork out a non-refundable registration fee, and then they have to coax other people to join the multi-level network and earn commission based on the number of new members they entice.
The biggest case was based in South China's Guangxi Zhuang Autonomous Region, which involved more than 380,000 people from 31 provinces, autonomous regions and municipalities. - China Daily/Asia News Network
There goes your China market, DCHL lampe berger members...We have to applaud China's harsh actions against this schemes.
So, when is Malaysian government going to investigate RZ Corporation?
47 Comments:
Applause to the Chinese Government on their efforts to crackdown on pyramid scheme. This does help LB's business in China by all these crackdowns. BTW, LB was awarded the 2003 Integrity Enterprise in Shanghai.
http://www.lampebergerchina.com.cn/news-8.htm
Here goes the China market!!
This is the best news this year. Hope it open Malaysian's eyes.
Dude,
That is like what year? 2003?
Hahaha...,may all the LB members end up their lives by the firing squard with AK-47 :)
Wow big news!!
Someone tried to ask for RM100K each from steven yeam and DCHL through a middle party or else they will use 2 blogs to bring down their business. Steven Yeam and company ignored them and they reduce to 50K now.
If they pay, one of the blog owner will admit that he has misunderstood the business and apologise. The other one will announce that he has happily got his refund and case closed.
I immediately think of this blog.
What a trick, bringing out father and brother into the act.
Look like they will not get it.
Using website threats to make money are common in overseas but in Malaysia, maybe 1st time.
Hi anonymous,
Yes, we want to bring down this business, but me asking 100k in the first place?
Laugh my a** off...
On another comment, another guy mentioned I owed him RM500.
nice try...
Is this the way SYN fellas try to defame those blogs that go against them?
You guys really light weight and make me laugh. Try harder next time or need some advice? Ha Ha
b3rnard7: lol face the firing squad but remember, their organ's can't be donated. too much inhalation of the lampe berger thingy... corrodes the lungs and all those tissue already :)
well i just wrote a letter to the editor of the star. not sure if they accept letters from overseas, but well, no harm trying. mayb they'd launch an investigation? lol. meanwhile to steven yip, keep up the good work. may the force give u more ideas. :)
hi alex,
Thanks, I did tried to email them.
But i think you need to write a real letter (snail mail).
blah.. overseas postage fees. my fren actually wen to lb, and this group tried to pull him in. so he pretended he's too poor n dun haf enuf $ to join. so this group said they'd lend him $ first, but dun he ever let it out. their upline or watever marquis also duno they did this. they brought him out for tea in a bmw and yeah, they had tea. teh-o-peng :D
i've been spamming the star's inbox too..
wat's the use??
Like what Mahathir said.. "What's the point of me saying but in the end, it doesn't get publised!?"
true to us too
Snail mail? No problem what, 30 cents only right? Anything that can get their attention and carry out investigation.
BTW, that was a nice try eh? 100K, 50K, hahaha. much better than the RM500. nice try, but work harder. come out with something smarter, keep up the good work la! LMAO!
BMW..:) haha...try to ask around car factory in KL and Klang area..They will know who are LB marquis and duke- not because their position(anyway who cares) but because their car being taken back due to unforseen circumstances haha...
Anyone wants to buy bmw cheap?
Wait until this business get busted.
Then only scout for a brand new second hand ex-lb BMW.
Guarantee new...
Alex said...
b3rnard7: lol face the firing squad but remember, their organ's can't be donated. too much inhalation of the lampe berger thingy... corrodes the lungs and all those tissue already :)
Well Alex,dun waste their organ mah.Maybe I can use it to feed stray dogs on the street.Sometimes those stray dogs no food to eat also :)
/me points at anonymous. LOL good one. haha. well... all that goes around, comes around. gota go back to study, exams :) haf a good weekend steve
Applause to the Chinese Government ? It's just another form of corruption. You don't need to take years just to understand any Company and approved only one.
Now nearly every MLM Companies still find ways to do their business there by using names like "franchise" or "chain store system", including LB and Amway.
hi dexter,
yeah..LB is in China, but retail store only, from what i know.
scary face u have there steven..
aha
haha...to scare LB members ma...
i can see you use Gatsby gel
like the gatsby ad?
That's even scarier....hair that can clap for you??
Anyway, China is not so stupid as to allow MLM to operate in China, without tight regulations.
DSA (US), has been actively trying to enter china market.
http://www.dsa.org/press/press_releases/index.cfm?fuseaction=show_release&Document_id=176
another news on China banning mlm pyramid style.
http://www.pyramidschemealert.org/PSAMain/news/ChinaoutlawsMLM.html
This is good news. Don't think DCHL would have so easy way to go in.
Read this LB members.
This comment has been removed by a blog administrator.
That must be heart piercing seeing such a HUGE and GIANT market gone down to drain, good for them.
Hope our goverment can pay more attention to this matter asap. For all that I know, there're complaints file already at the authorities, but as usual, it takes time... since they're also dealing with so many other problems...
i was talkin to my shanghai fren bout these stuff. and he said "dun join this f*cked up thing man..". the next thing u know.. ur not much better than tat vagrant. lolz
haha,
yea...it's not like all LB members made it.
We'll soon see how the uplines going to explain all the mess.
hi steven yip....why you are not dare to show ur full face to public?its becouse u are saying something stupid ?if lb is so bad ...be a laeder to burn my office ...be a man not a half face dog ....
pease tell me is there any biz no failure ...
yes!!!!!!!!!!!!!!!!!!!!!
there is!!!!!!!!!!!
and it is call, SLEEPING!!!!!!
yeah yeah yeah!!!!!!!!!!
a biz which we all will success!!!!
lets just said how many ppl back there doubt the use of computer and internet? and how much % is that to success,
1 bilgate with 5.99999999bil..........
TAK NAK STEVEN YIP
kakacau come on lah
Hahaha...,may all the steven yip gang end up their lives by the firing squard with AK-47 :)
Applause to the Chinese Government on their efforts to crackdown on steven yip gang. This does help LB's business in China by all these success. BTW, LB was awarded the 2003 Integrity Enterprise in Shanghai.
http://www.lampebergerchina.com.cn/news-8.htm
Here goes the China market!!
steven yip gang fail
This is the best news this year. Hope it open Malaysian's eyes.
Wow big news!!
Someone tried to ask for RM100K each from steven yip and steven yip gang network through a middle party or else they will use 2 blogs to bring down their business. Steven Yip and steven yip network ignored them and they reduce to 50K now.
If they pay, one of the blog owner will admit that he has misunderstood the business and apologise. The other one will announce that he has happily got his refund and case closed.
I immediately think of this blog.
What a trick, bringing out father and brother into the act.
Look like they will not get it.
Using website threats to make money are common in overseas but in Malaysia, maybe 1st time.
Yes, we want to bring down this business, but me asking RM100 in the first place?
cry my a** off...
On another comment, another guy mentioned I owed him RM0.01.
DONT try...
Dude STEVEN YIP,
That is like what year? 2003?
well i just wrote a letter to the editor of the star. not sure if they accept letters from overseas, but well, no harm trying. mayb they'd launch an investigation to steven yip gang blogg. meanwhile to steven yip, carefull ur work. may the police give u more warning. :(
Anyone wants to buy blogg steven yip cheap cheap?
Wait until this DCHL get booming.
Guarantee ok...
haha,
yea...it's not like all steven yip gang made it.
We'll soon see how the steven yip going to explain all the mess.
tokong said...
haha...to scare steven yip gang ma...
Peter said...
Fook: steven yip gang face the firing squad but remember, their brain's can't be used. too much negative thing... useless the minds and all those funny comment already :)
Well Peter,dun waste their brain mah.Maybe I can use it to feed pussy cat on the street.Sometimes those pussy cat no food to eat also :) miao....
Hahaha...,may all the steven yip end up their lives by the firing squard with AK-47 :)
steven yip, i like u:))
^ So sad, Steven Yeam suppose to be humble, good teach you all good values.
But you proven to us that Steven Yeam only teaches people how to spam and insult people.
There you have it folks. Steven Yeam, the teacher of cheap insults.
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