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A pyramid scheme is an unsustainable business model that involves promising participants payment or services, primarily for enrolling other people into the scheme, rather than supplying any real investment or sale of products or services to the public15 suspects detained after attacking police in China
Source: Xinhua | July 6, 2014, Sunday | ONLINE EDITION
FIFTEEN pyramid selling suspects have been detained after they assaulted and wounded three police officers in southwest China's Sichuan Province, authorities said Saturday.
The attack occurred at around 7pm Friday when the three police officers were trying to bust a pyramid selling ring in Lizhou District of Guangyuan City, but were attacked by its members.
The assaulters tried to snatch the policemen's batons and guns. Police officers shot and injured one attacker after firing a warning shot.
The injured suspect and three police officers are receiving treatment in hospital, according to the Lizhou district government.
A pyramid scheme is a non-sustainable business model that involves promising participants payment primarily for recruiting other people into the scheme, rather than providing any real investment or sale of products to the public. Pyramid selling is outlawed in China but still operates underground in some areas.
15 suspects detained after attacking police in China | Shanghai Daily
It seems that the Chinese police are bearing the brunt.
Ingenuous way to get rich quick. The lure for quick money and greed is insatiable.
Even in such a highly regulated and monitored country as China, there is no respite. And in China, it sure is more difficult because of the sudden economic progress of the people coalesced with the genetic urge for making a quick buck.