Hebei health products company suspected of pyramid schemes
By Zhang Yu in Shijiazhuang | China Daily | Updated: 2019-01-17 07:38
Heads of a health products company in Hebei province have been held by police on suspicion of organizing pyramid schemes, a government-led investigation team said on Tuesday.
The company - Hebei Hualin Acid-Base Biotechnology Co - was accused last week in media reports of making exaggerated and false claims in advertisements and being involved in pyramid schemes.
The local government in Huanghua, a county-level city in Cangzhou, Hebei, where the company is based, began an investigation into the company on Sunday.
Photo