Asahi: Investors taken for 40-billion yen ride
Police on Tuesday searched health food sales firm Richland Co. over suspicions it swindled investors out of about 40 billion yen in a pyramid scheme...Prospective investors were told that deposits of either 600,000 yen or 1.5 million yen would double in value in six months, the sources said...Sources said the funds were a form of pyramid scheme, since members were paid a commission for each new member they introduced...more...
