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Home / South China Morning Post / Taiwanese actors Zhang Ting, Lin Ruiyang caught in alleged pyramid scheme as China regulator freezes US$94 million assets

Taiwanese actors Zhang Ting, Lin Ruiyang caught in alleged pyramid scheme as China regulator freezes US$94 million assets

Summary:
[unable to retrieve full-text content]A cosmetics and skin care products company founded by married Taiwanese actors Zhang Ting and Lin Ruiyang has had assets worth 600 million yuan (US million) frozen due to an investigation by China’s market regulator over an alleged pyramid scheme.The market regulator in Shijiazhuang, the capital of northern China’s Hebei province, said it had received several reports about a suspected pyramid scheme involving Shanghai Dowell Trading, according to a letter widely circulated on Chinese social…

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[unable to retrieve full-text content]
A cosmetics and skin care products company founded by married Taiwanese actors Zhang Ting and Lin Ruiyang has had assets worth 600 million yuan (US$94 million) frozen due to an investigation by China’s market regulator over an alleged pyramid scheme.The market regulator in Shijiazhuang, the capital of northern China’s Hebei province, said it had received several reports about a suspected pyramid scheme involving Shanghai Dowell Trading, according to a letter widely circulated on Chinese social…

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