Recently, Red Star Capital Bureau learned from informed sources that the TST Court, the operating entity of Zhang Ting and Lin Ruiyang Company, has been identified by the market supervision department as constituting an illegal act of organizing and planning pyramid schemes, and has confiscated 19.2799 million yuan of illegal gains and fined 1.7 million yuan.
It is understood that the Hubei Baokang County Market Supervision and Administration Bureau determined that from January 1, 2018 to July 2021, the revenue of related companies in the main business involving pyramid schemes totaled 9.171 billion yuan and the profit was 19.2799 million yuan.
Things go by
TST, full name TIN'SECRET, is a brand of Shanghai Darway Trading Co., Ltd., founded in 2013 by Lin Ruiyang and Zhang Ting, with cosmetics and skin care products as the main category, and mainly through the online mall Ting secret APP and offline physical store O2O way of product sales.
Relying on the micro-business industry, Zhang Ting and his wife made a lot of money, and were once rumored to be worth as much as 30 billion yuan, spending 1.7 billion yuan to buy the entire building in Shanghai, and the family lived in a mansion of 200 million. According to reports, Shanghai Darway's tax payment reached 1.26 billion yuan in 2018, making it the tax champion in Qingpu District, Shanghai.
In fact, as early as December 2021, "Zhang Tinglin Ruiyang Company suspected of pyramid schemes was investigated and punished" on Weibo hot search, when some people reported to the Market Supervision administration to verify that Darwei was suspected of using the network to engage in pyramid schemes.
At that time, the official Weibo of "TST Court Secret" responded that "Shanghai Dalway is a legally operated company", the company operated normally, and actively cooperated with the work.
However, after investigation, Shanghai Dalvy, the parent company of "TST Court Secret", was convicted of suspected pyramid schemes, and the case "had a long time span, many participants, and a large amount of money involved".
The Baokang County Municipal Supervision Bureau believes that the bonus system formulated by Dalway Company distinguishes members into blue card members and red card members. Among them, Blue Card members are general consumers, and the bonus system for Blue Card members is in line with commercial practices and does not violate the law.
However, the bonus system implemented by the red card members of Dalway Company requires the developed personnel to develop other personnel to join, form an up-downline relationship, and calculate and pay the up-line remuneration based on the sales performance of the downline, which is the situation referred to in the relevant provisions of the "Prohibition of Pyramid Scheme Regulations" and is a pyramid scheme.
The parties' claims
Li Bing (pseudonym) from Shijiazhuang is an agent of TST products, she is a friend who came in by a flicker, and a friend told her: a month is less than 100,000, more than hundreds of thousands, some agents can buy a house and a car as long as a few months.
Li Bing first entered the agent group and became a Blue Card member.
Later, shangjia told Li Bing that he had to spend 2500 yuan to buy something to become a red card member in order to develop the downline and earn additional bonuses.
After Li Bing became a red card member, Shangjia told her that her downline needed 100 people to be a founder, register a company, and become the chairman.
In this way, the continuous development of the downline, pulling people's heads, their own pockets to hoard goods to fight performance, some people are making money, but there are also many people upside down.
So Li Bing and many other agents found Li Xu's anti-MLM team on Weibo and provided the most critical information, including TST's bonus system and some important screenshots, tearing apart the true face of TST's MLM.
Celebrity participation
Shortly before the accident of Zhang Ting and his wife, Tao Hong withdrew from the company they ran, and it should be known that before this, these two people were still very iron girlfriends, but in order to protect themselves, Tao Hong had to take the lead in withdrawing.
Ming Dao is also one of the partners of Zhang Ting's couple, the two have been shooting videos, doing live broadcasts with goods, the relationship is very good, but Ming Dao has been confirmed to be affected by Zhang Ting's pyramid schemes! Friends said his condition was serious.
9.1 billion yuan of business, cost 5.6 billion, related expenses of 3.4 billion, less than 20 million profits, fines of 1.7 million
For celebrities, the confiscated assets are not worth mentioning at all, is this a warning effect?
#张庭夫妇公司被认定为传销: 21 million fines #