Tuesday, September 4, 2007
Cracking Down on Pyramids
A recent article in the English language state media says that pyramid selling is becoming rampant in the country despite a number of crackdowns.
The government is also considering revising laws to impose heavier penalties on those engaged in this kind of multi-level network business.
"Pyramid selling, outlawed in the country about 10 years ago, is still serious. And it's growing," says Gao Feng, deputy director of the ministry's economic crime investigation bureau.
"We call them economic cults," Gao continued. "They can turn a normal person into an idiot."
A few days later in the subway I saw many billboard ads like this one from Amway. I think it says that if you buy the beauty night creams on the left, you can get a choice of one of the evening handbags on the right.
Amyway is all over the place here. Tonight I came home and got a flyer in my mailbox advertising Amyway Visa cards with the Bank of China.
So I'm wondering if the government knows that Amyway does multi-level selling...