World2h ago
ST Explains: What are pyramid schemes and how are they dealt with in Singapore and China?
Pyramid selling is illegal in Singapore, carrying a maximum penalty of a $200,000 fine and five years in jail.
This story was originally reported by The Straits Times. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
ALSO REPORTED BY OTHER SOURCES (1)
CNA Explains: What are pyramid schemes and are they legal in Singapore?
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