A two-month probe conducted by HCMC Trade Department into a multi-level marketing business revealed Wednesday a host of infringements on government business regulations.
The southern Ho Chi Minh City trade inspection taskâ€™s initial report found that Sinh Loi Company conducted illegal practices concerning taxation, invoices, promotions, labeling, network marketing and trade fraud.
A final conclusion and corresponding punishments are to be announced in the next week.
Because of the serious nature of the charges, the company stands to lose its multi-level marketing business certificate, said Tran Vinh Nhung, deputy director of the trade department.
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