China
52 Singaporeans Detained in China Over Suspected Pyramid Scheme—But What Happened Behind the “Investment” Pitch?
A major warning over high-risk investment schemes has emerged after 52 Singaporean citizens were arrested and detained in Guangxi, China, over suspected pyramid-scheme activities and related offences. The arrests were confirmed on September 4 by Singapore's Ministry of Foreign Affairs (MFA) and Singapore Police Force (SPF) following a law-enforcement operation by Chinese authorities. Investigations in China remain ongoing, and Singaporean authorities have stressed that the detainees are entitle
