It’s called Targeted Poverty Alleviation, but it’s actually an illegal pyramid scheme with tens of billions of yuan involved. It adopts the method of “pulling people’s heads” to expand its membership, attracting more than 5 million people in a year. Under the halo of charity, more than one billion yuan has quietly entered Zhang Tianming’s personal pocket... Recently
In the early morning of December 29, the TST Court secretly issued a response: "Shanghai Dalwei Trading Co., Ltd. is a legally operating company. Since its establishment, it has always followed government guidance, adhered to legal operations, and paid taxes in accordance with the law.
Recently, Shanghai Dalwei Trading Co., Ltd., a company owned by Lin Ruiyang and Zhang Ting, was investigated for suspected pyramid schemes. In response, "TST Court Secret" responded that Shanghai Dalwei is a legally operating company. Since its establishment, it has always followed government guidance, adhered to legal operations, and paid taxes in accordance with the law.
Gong Wenxiang, a well-known self-media person, commented: TST is the largest micro-business in China. I know it very well because I have opened a forum with 3,000 people for 8 consecutive years. The Chinese micro-business rankings published every year rank TST as the number one in China, even though he never sends anyone here.
The so-called pyramid scheme refers to the behavior of illegally obtaining wealth by developing people or requiring people to be developed to obtain membership qualifications on the condition of paying a certain fee. The essence of MLM is a "Ponzi scheme", that is, using the money of latecomers to give to those who came before, and in the end the scam becomes bigger and bigger.
Caught in a pyramid scheme scandal and undergoing two investigations, Zhang Ting and Lin Ruiyang’s TST secret brand seems to be still operating normally, with no delays in brand live broadcasts and new product launches.
