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China Daily | Updated: 2014-07-28 20:37

Sichuan

Hundreds seized in pyramid scam probe

Police in Chengdu arrested 1,150 suspects allegedly involved in seven pyramid-selling groups during a five-day crackdown, People's Daily reported on Sunday. From July 14 to 18, police searched key areas. A total of 319 bases were found, the Chengdu Public Security Bureau said. A pyramid scam is an illegal business model in which people are enrolled in a scheme by being promised payments.

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