ANY company or society found guilty of a repeated offence in promoting a pyramid scheme can be fined up to a whopping RM50mil under a new Bill by the Government to plug loopholes in the direct sales sector.
The proposed amendment to the Direct Sales Act will also see individuals, including those working in companies or societies, fined up to RM10mil or jailed up to 10 years or both for repeated offences.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!