Truong Dinh - Lam Thoai Duong appeared sad, in danger of going to jail because of multi-level business

The appearance of Truong Dinh and his wife attracted the attention of the media.

On April 19, Sina reported that Truong Dinh and Lam Thoai Duong had confiscated 96 properties in Shanghai (China). This property was acquired by Dowell in 2020, with a total value of more than 266 million USD. This is the largest property confiscated by two Taiwanese stars.

According to the People's Daily, the properties were confiscated to serve the investigation and to compensate for the loss of tens of thousands of people affected by the multi-level business model of Truong Dinh - Lam Thoai Duong. The two artists and Dowell company are allowed to use the utility of these properties, but not to buy or mortgage on the market.

Sharing with Sohu, the Shanghai police representative said that they are coordinating the investigation of the two artists' case with the Shijiazhuang City Supervision Bureau, Beijing. After the final conclusion, the new authorities decided to handle the couple Truong Dinh - Lam Thoai Duong.

Recently, on April 26, page 163 reported that two actors Truong Dinh - Lam Thoai Duong appeared at the airport with an attitude of avoiding the media. This is the first time they have appeared after being frozen and investigated for multi-level business behavior. Truong Dinh wore a mask, bowed his head and walked quickly, while Lam Thoai Duong was in an uncomfortable mood.

According to Sina, thanks to money from thousands of investors, Truong Dinh and Lam Thoai Duong quickly became billionaires in showbiz. In 2020, they bought a 19-storey, $266 million building in Shanghai for the headquarters of TST Court Secret.

In addition to this office building, the family of Truong Dinh - Lam Thoai Duong currently lives in a 1,600-square-meter mansion on the banks of the Huangpu River, priced at $34.4 million. On Sina, Truong Dinh once shared that the safe in her house didn't have enough money, filming in Beijing and wondering which villa to rest in.

Contrary to the luxurious life of the husband and wife of the rogue Thieves, many people, after joining the multi-level model at TST Court Secret, fell into empty hands. According to Sohu, 90% of the victims asked the police to jail Truong Dinh - Lam Thoai Duong.

On the People's Daily, lawyer Liao Jian Huan said that according to Article 224 of the Chinese Criminal Law, there are two forms of punishment for multi-level joint ventures.

Firstly, violating units or individuals will be administratively handled, including confiscating illegal profits, paying a fine of 78,000-312,000 USD and revoking business licenses. This penalty applies to the small, multi-level model of households.

With Truong Dinh, her business is a multi-level corporation with a large-scale hierarchical profit sharing relationship. If it is concluded that doing fraudulent business or plotting to gain illegal profits, Truong Dinh - Lam Thoai Duong faces a criminal penalty of not more than 5 years in prison and a fine.

In case the application of aggravating circumstances causes serious economic harm, the violator may be sentenced to imprisonment for more than 5 years and a fine.

Lawyer Lieu Kien Huan said that the case of Truong Dinh - Lam Thoai Duong was complicated. If you want to conclude whether the two artists will face prison or not, it is necessary to clarify the issue of who is the key group of the multi-level group TST Court Secret.

According to Sina, Truong Dinh - Lam Thoai Duong only represents the legal representative, controls finance and business activities, but does not hold shares directly. In this respect, they do not have to bear any personal criminal responsibility if they are brought to court even though the husband and wife company is in the name of an illegal business, sucking people's blood.

Second, husband and wife Truong Dinh - Lam Thoai Duong established more than 100 companies for what purpose. The actress is in the name of 90 businesses, and her husband is 66 companies. This is to both avoid the 25% tax rate that is often used for money laundering purposes.

According to Sina, the case of Truong Dinh and Lam Thoai Duong has not been closed yet. Authorities are continuing to deeply investigate TST Court Secret's business activities. QQ said that the company network is dense, the number of victims is large, all income from the livestream and profits of TST Court Secret are poured into Hong Kong, making the processing work take a long time.

Currently, Truong Dinh - Lam Thoai Duong is in Taiwan. If the case is confirmed, both will be extradited through a judicial assistance treaty between Mainland China and Taiwan.

Husband and wife Truong Dinh - Lam Thoai Duong had 96 properties confiscated, worth 6000 billion VND Hoàng Phúc08:08:29 20/04/2022In addition to being fined $3.2 million for commercial fraud, Truong Dinh and Lam Thoai Duong also received another fine. The couple was investigated for multi-level business, illegally profiting from 2020. At the end of 2021, Dowell - the company named by Truong Dinh and his...