23 reports on pyramid schemes this month

PUBLISHED : Monday, 29 June, 2009, 12:00am
UPDATED : Monday, 29 June, 2009, 12:00am

The Federation of Trade Unions has received 23 reports on fraud this month, involving more than HK$1.5 million, by companies allegedly operating pyramid schemes, FTU lawmaker Wong Kwok-hing says. Complainants said they were asked to borrow money from credit companies to pay a deposit for products such as perfume and wine, but they never saw the goods.