Qingdao Haiyang Fengcheng 49800 is a pyramid scheme.

Does the subject want to ask "Is Fengcheng 49800 in Haiyang City, Qingdao a pyramid scheme?" Yes Haiyang 49800 is a pyramid scheme den, hidden and low-key. Therefore, as of September 2022, 13 has not been completely cleared. With the development of network concepts and marketing methods such as mobile Internet, online shopping and cross-border e-commerce, some MLM organizations engage in MLM activities in the name of WeChat business, e-commerce, multi-level distribution, consumer investment and mutual assistance in tourism. Fengcheng is a town under the jurisdiction of Haiyang City, Yantai City, Shandong Province. 2 1 (1932) was changed to a county-level town. 1942, the city was changed to Fengcheng, and the jurisdiction was changed to Fengcheng Town. 1943 changed to Fengcheng district. Fengcheng People's Commune was founded in September 1958. 1May, 984, changed to Fengcheng Town.