100 victims swindled by pyramid scammers

Four conmen are facing up to five years in prison after being prosecuted for running a pyramid scheme.

Chi, the ringleader, was accused of swindling more than 100 people out of cash with the help of accomplices called Jiao, Li and Hu. Another suspect, Xu, is still at large.

After registering a fake company in April last year, Chi and Xu told victims that if they spent 2,600 yuan on their product - a "miracle" quilt and mattress set - they would get a refund of 40 yuan for every new customer. In fact, the set was worth less than 300 yuan.