Does Lexiang International Finance (Hong Kong) International Group Co., Ltd. engage in pyramid schemes?

The so-called pyramid scheme refers to the behavior that the organizer or operator develops personnel to calculate and pay remuneration to the developed personnel on the basis of the number of personnel or sales performance directly or indirectly developed by them, or ask the developed personnel to obtain the qualification to join on the condition of paying a certain fee, so as to seek illegal interests, disrupt economic order and affect social stability.

Therefore, judging whether Lexiang International Finance (HK) International Group Co., Ltd. is engaged in pyramid selling can only be analyzed according to the specific operation and business model. The situation is unknown. Please make your own judgment according to the provisions of the MLM Prohibition Ordinance of the State Council.

Prohibition of MLM regulations

Article 7 The following acts belong to pyramid selling:

(1) The organizer or operator, through the development of personnel, requires the developed personnel to develop other personnel to join, and calculates and pays remuneration (including material rewards and other economic benefits, the same below) to the developed personnel based on the number of personnel directly or indirectly developed, so as to seek illegal benefits;

(2) The organizer or business operator, through the development personnel, requires the developed personnel to pay the fees or pay the fees in disguised form by subscribing for commodities, etc. , so as to obtain the qualification to join or develop other personnel to join and seek illegal interests;

(3) The organizer or business operator requires the developed personnel to develop other personnel to join, thus forming an online relationship, and calculating and paying online rewards according to the sales performance of offline personnel to seek illegal benefits.