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South Korean man arrested for swindling $3.4 mln from investors

South Korean man arrested for swindling $3.4 mln from investors

A South Korean man was arrested in HCMC on Monday for swindling over VND80 billion ($3.45 million) from over 100 people by setting up multilevel marketing companies for currency trading.

Unlicensed multilevel marketing schemes thrive on social media

Unlicensed multilevel marketing schemes thrive on social media

Some companies in Vietnam are using Facebook and YouTube to lure members for unapproved multilevel marketing schemes.

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