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CKB168 was a $200 million MLM pyramid scheme that targeted Asian-Americans in the US. Abroad, the majority of CKB168 victims were based in China. The SEC shut down CKB168 all the way back in 2013. In total sixteen CKB168 executives and top promoters were sued. Parallel criminal charges were also filed by the DOJ in [Continue reading...]
Source: CKB168 scammers sent to prison, SEC obtains final judgment