This is a mere registered fund of only 1 yuan company, but in just a few years through the Internet has absorbed more than 10,000 members, and collected membership fees of more than 13 million yuan, and has become a huge electronic commerce company.
Today, the case was heard in the court of Luqiao in Taizhou. The main members of the company, Zhou Gang, was sentenced to 7 years in prison and fined 800,000 yuan; Qian and Ding were sentenced to two years in prison and fined 200,000 yuan; Xie and Peng were sentenced to two years in prison, suspended for three years, and fined 200,000 yuan.