In 2009, my wife was deceived by a friend into engaging in a pyramid scheme. I personally went to Binyang, Guangxi, and with the cooperation of the local authorities, I brought my wife back, and I knew a little bit about the inside story. Today's MLMs are very different from the past. They generally apply for industrial and commercial licenses under the banner of direct selling, and do not open accounts for fund circulation. All transactions are through credit cards. Binyang MLMs alone have more than 200 million yuan in funds. This is a considerable source of funds for Binyang, which is not wealthy. The relevant local departments will turn a blind eye. As long as you do not undermine local security, no one will care about it. This will give space to those who sell pyramid schemes. , leading to repeated bans.