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Workers' heroine in court over pyramid sales
By Jane Chen |
July 23, 2010, Friday
|
Online Edition
Online Edition
A WOMAN who was a national heroine for laid-off workers now faces a court in central China's Hunan Province for alleged involvement in a pyramid sale scam.
Chenzhou Intermediate People's Court heard that He Yuelan, 44, is accused of running the illegal sale network involving 300 million yuan (US$44.25 million) with 60,000 victims across the country, today's Xinmin Evening News reported.
The hearing will continue to tomorrow.
He, a former worker in a Chenzhou factory, was laid off in 1997. She started a fashion store and expanded her business empire to a teahouse and beauty salon. Her rags to riches story was widely reported in 2002 and she became a national star to laid-off workers.
From 2006, He developed a pyramid sale network, attracting more than 60,000 sales people in 29 provinces and cities and making 335 million yuan in illegal income, prosecutors said.
Chenzhou Intermediate People's Court heard that He Yuelan, 44, is accused of running the illegal sale network involving 300 million yuan (US$44.25 million) with 60,000 victims across the country, today's Xinmin Evening News reported.
The hearing will continue to tomorrow.
He, a former worker in a Chenzhou factory, was laid off in 1997. She started a fashion store and expanded her business empire to a teahouse and beauty salon. Her rags to riches story was widely reported in 2002 and she became a national star to laid-off workers.
From 2006, He developed a pyramid sale network, attracting more than 60,000 sales people in 29 provinces and cities and making 335 million yuan in illegal income, prosecutors said.
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