Ministry of Industry and Trade warns of unauthorized multi-level business via Limbic Arc application (02/15/2022)
According to the Department of Competition and Consumer Protection, recently, the unit has recorded information on the internet about some organizations and individuals inviting people to use an electronic application called Limbic Arc or Limbic Arc. InfoBoosts.
Specifically, this application is introduced by the subjects as quantum energy technology and active healthcare technology of the new era with many healing effects, including use for patients with diabetes. Covid-19. In addition to the therapeutic uses, these subjects introduce participants to invite other members to enjoy commissions of benefits according to the multi-level model.
The Department of Competition and Consumer Protection said that subjects who introduced the Limbi Arc electronic application on social networks showed signs of exaggerating its medicinal uses and up to now, this unit has not issued a license certificate of registration of multi-level sales activities for enterprises and organizations named Limbi Arc or InfoBoost mentioned above according to the provisions of Decree 40/2018/ND-CP dated March 12, 2018 of the Government on management Manage business operations in a multi-level manner.
Therefore, the above organizations and individuals have signs of doing business in the multi-level mode when they have not been granted a certificate of registration of multi-level sale activities. This activity can be criminally handled with a fine of up to 5 billion VND or 5 years in prison (Article 217a of the Penal Code 2015 as amended in 2017).
The Department of Competition and Consumer Protection warned that people should not participate in the use and invite others to participate in the use of products and applications according to "word of mouth" to cure diseases without scientific basis. clearly to avoid experiencing damage to health, losing the opportunity to treat the disease properly. At the same time, it is not advisable to participate in activities with signs of illegal multi-level marketing mentioned above in order to minimize risks and material and legal damages.
The source: Hoàng Lan - https://congthuong.vn/