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More Chinese Americans Turn to Pyramid Schemes

World Journal, Posted: Sep 24, 2009

LOS ANGELES The pyramid scheme -- a business model whereby members earn commission by enrolling new members into a network of selling products -- is regaining its popularity in the Chinese community recently, reports the World Journal. One salesman told the newspaper it is easier to enroll new members these days since more people are unemployed and willing to try it. In fact, the World Journal reports that many of those participating in the pyramid schemes came from the financial sector, and are willing to try it as a temporary source of income while they look for new jobs.


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