18 from China's 'edible sanitary pad' company arrested for false advertisement, pyramid schemes

TAIPEI (Taiwan News) — 18 people involved with Chinese health product company Quanjian Group have been arrested for false advertisement and the cultivation of pyramid schemes. The news was br...

Russian Ponzi scheme operator Mavrodi dies at age 62

MOSCOW (AP) — Sergei Mavrodi, a Russian operator of Ponzi schemes and sometime politician, has died. He was 62. Mavrodi shot to fame in Russia's chaotic and poverty-stricken 1990s, p...

China's mega-tours draw attention abroad, critique at home

BEIJING (AP) -- All-expenses-paid trips to reward top salespeople aren't unusual, but direct marketing companies that are the Chinese versions of Amway, Avon and Herbalife are taking it to an extreme ...