Legal analysis: This organization named "World Environmental Entrepreneurship Foundation" takes "Green Earth, I am in action", "Cherish resources, build environmental protection cause" and "Create business opportunities to make dreams come true today" as bait, and induces others to enter the platform to complete registration and engage in pyramid schemes by scanning the QR code of referees.

After preliminary investigation, the organization claimed to be headquartered in Geneva, and used the GEC virtual currency trading platform to make members form a superior-subordinate relationship, and determined the corresponding level according to the number of offline members. According to the number and level of offline members, using the set rules to get GEC environmental protection coins, and then converting GEC coins into cash, this model is suspected of pyramid schemes.

Legal basis: MLM Prohibition Ordinance

Article 4 The administrative department for industry and commerce and the public security organ shall, in accordance with the provisions of these Regulations, investigate and deal with pyramid schemes within their respective functions and duties.

Article 5 The administrative department for industry and commerce and the public security organ shall, when investigating pyramid schemes according to law, adhere to the principle of combining education with punishment, and educate citizens, legal persons or other organizations to consciously abide by the law.

Article 6 Any unit or individual has the right to report pyramid selling activities to the administrative department for industry and commerce and the public security organ. After receiving the report, the administrative department for industry and commerce and the public security organ shall immediately investigate and verify it, investigate and deal with it according to law, and keep the informant confidential; If the investigation is true, the whistleblower shall be rewarded in accordance with the relevant provisions of the state.