An investigation was launched by Shijiazhuang authorities in June into Shanghai Dowell Trading Co, a skincare business owned by Taiwanese actor Lin Ruiyang and his wife Zhang Ting, a former actress, for allegations that it has profited from an online pyramid scheme and transferred and hidden related funds via financial institutions. As much as CNY600 million (US$94 million) worth of assets was frozen.
The high-profile couple has built a business empire in China with a total value estimated at over NT$150 billion (US$5.4 billion). A 17-person task force was set up to dig into the case of the alleged pyramid scheme reportedly started in 2013 and has entangled "many individuals" and a considerable amount of money.
